I'm not very good at giving security lessons, but the matter of wallets is really closely related to the asset size and "how much trouble you're willing to accept." For small daily amounts, a hardware wallet is usually enough; the key is not to take a photo of the seed phrase and upload it to the cloud drive.

For medium-sized holdings and frequent fund movements, multi-signature is more like "putting your hand into a safe with two keys," reducing the risk of a single point of failure. I usually prefer a signing threshold of 2/3 or 3/5—too loose is meaningless, too tight can easily cause lockup.
As for social recovery, honestly, it’s suitable only if your social circle is truly reliable and you can accept the social costs involved. Otherwise, when "attention is mining," and suddenly many people around you say, "Bro, I can help you be your guardian," I would be immediately cautious...
Anyway, for myself: main wallet multi-signature + hardware signing, only considering social recovery for backup small amounts. I prefer to be a bit slower rather than leaving opportunities for liquidation-style regrets.