For occasional small project use it is fine. The RAM is an easy upgrade and I recommend it. Not so sure it is worth cracking a new machine to put an ssd in unless you are experienced with that kind of thing.
Rendering is slow no matter what you have so you need to make time for it either way. The question is whether going from a 30 minute render to a twenty minute render is worth the money.
Mac OS12.6 AC26 USA Silicon
M1 Macbook Pro