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Just buy a cheap Casio if that's your budget. It'll keep better time and is less likely to end up in a landfill
I have a casio phys and love it. It's about 10 years old and I never even had to change the battery!
Then why are you considering it at all. I just rediscovered my old W-213 still going strong. I readjusted the seconds to match the current time, and I love the beep sounds.
I don't think smartwatches and wearable clocks are the same thing. I want some of the features that smartwatches offer. I find it inconvenient to use a cellphone while riding my bicycle. I think sending and receiving text messages from a wearable device would be more convenient while commuting on the bike. plus some of the health monitoring features interest me. Also with my job I may look more professional checking my watch in certain cases than pulling out my phone.
So I already responded, but I'm seeing here that you are also a cyclist! I have tried a number of watches over the years and Garmin is absolutely the gold standard for fitness focused smartwatches. Some of them, like mine, only have buttons, no touchscreen, which sounds bad, but is actually amazing. Sure I can only choose from prewritten SMS responses, but I can get there with a few button clicks while riding (even on gravel). With my touchscreen watches, I used to have to stop to reply. The TFT screens also look better in direct sunlight than an LCD or OLED. So now, whenever my wife texts "where are you?" I can send a "out riding, love you" with only a few clicks. I also send her my GPS location when I ride in the road so she can have some peace of mind. I hear Wahoo also released a watch, haven't heard much about it.
Cons are a weak app ecosystem and not quite as "smart" (meaning filled with tech gimmicks). The stat analysis of your health data is best done via Garmin Connect app or even better, the desktop website. They let you download some of the reports as a CSV, but I've found that more often than that, the formatting and how the data is broken up in the csvs needs some work.
Do remember, while not a Google or an Apple, Garmin is still a big evil corporation trying to make money off chumps like you and me. You likely won't get these features and keep your privacy 100% intact