To me, off-camera flash is fun, and it's very sexy, but on-camera flash has its virtues, too. Going with bounce flash from a single on-camera light does not require that I haul an entire lighting bag along with me. It's fast and simple and much much easier to learn. TTL, like A mode on your camera, has its place. TTL, like A, is good for when you need speed or you're moving through varying lighting conditions. M on the flash, like M on the camera, is for when you need precision and consistency. With an OEM flash, you have all the tools for going both on- and off-camera and the best future compatibility, build quality and reliability. Not to mention service, a decent used market resale value, and generally a known compatibility with other 3rd party products that are designed for it.
So don't worry too much about having "wasted" money. I'd highly recommend looking at
Neil van Niekerk's Tangents website as well as the Strobist. He can teach you a lot about using on-camera flash and
bouncing, and
some of the merits of TTL.