When you need color, take it to Walmart, Costco, Fedex, etc.
Color lasers are fairly cheap these days too. They still rip you off on laser toner cartridges (unless you go 3rd party) but it is nothing like the ink jet scam.
I have done exactly that. I do own an older Epson ink jet which I use solely to print CD.DVD labels on ink jet compatible media but that is the only thing I use the ink jet for.
I recently purchased an all-in-one ink jet Multi function machine to use for it’s automatic feed duplex scanner but I don’t expect to use it as a printer. I already own an older Epson scanner but it refuses to work correctly under win 7.
The ink cartridges are always a problem with ink jets due to drying out, clogging up, and just being too highly priced.
For all of my printing other than the CD/DVDs I use my brother 224oD duplex printer. The toner cartridges are much more affordable than ink jet cartridges even though they cost more to purchase, they last much longer and avoid the problems that the ink jets have.