Many of us would like to try out working from home in order to save and/or earn (extra) money, but some do not think that they can really do it. Those who express their interest in this matter, however, become highly discouraged by the start up costs. However, you should be aware that many of those costs can be compensated by the earnings that working from home brings. Working from home is not some scheme on how to get rich quickly, but it is something that can potentially free you from your debt and if you are really up to the challenge, it might even become your life-changing career.Still not convinced? Below are 3 ways how working from home can help you save and even earn you more money:
1. Cutting back on commuting expenses
If you normally commute via public transportation or drive your car to work, you will certainly realize that you will be able to save extra money when you work from home because you will no longer need to lay out for your daily commutation expenses.
2. Food and clothing
Food and clothing are two factors that are crucial for us when it comes to office work. However, if you work from home, you can actually save money on food by preparing your own lunches and eating out less every day. As for clothes, when you work from home, you do not necessarily need those formal and expensive clothes anymore. The beauty of many work-from-home jobs is that you can work even while on your pajamas.
3. Making the most out of that extra time at home
Many people who never experienced telecommuting think that those who are working from home have lots and lots of time to spare. However, that is not exactly true. Those who work from home typically had their time sorted out wisely so they can do their work AND still accomplish many other things to help them save money throughout the day. Below are a few ways how people who work from home can save more money:
- Do some minor home maintenance yourself. Instead of calling every repairman to your home whenever something goes wrong, why not try fixing it yourself first?
- Learn to cook delicious and inexpensive home-made meals. There are many reliable recipes you can use online. This way, you avoid dining out often and your family will definitely appreciate your efforts.
- Shop around online and find the best deals for ongoing expenses such as phone, cable, discount stubs, insurance etc.
Working from home, for most people, typically means getting an extra job from their office or getting another side job that can be totally unrelated to their main work in an attempt for earning more money (so that they can enjoy being debt free or simply experience the feeling of having that extra money on their savings account).
If you have that classic 9-5 day job, you can still opt to try telecommuting part time by managing your time wisely. Who knows, maybe you can make the most out of it and even switch your office work to telecommuting full time in the future.
Saving on daycare/after school costs is another huge benefit. I have literally saved thousands on daycare just by working from home.
The time savings for me is worth more than the $ amounts though, not having to drive into the office everyday is priceless. (especially in the winter)
Steve
Well I have experience of both, I have worked from home and in office as well and I will say both have their own pros and cons. In home yes you do cut a lot of expenses of fuel, clothes food and the extra money you spend with colleagues which you really hate. But the professionals environment grooms you and enhance you skills which is impossible in home
As I read this article it proves that working online will minimize your expenses, for example, transportation fees, clothes and foods. online works allows people to earn extra income without spending too much.
Yes working from home is really a win win situation. There are lots of opportunities to do my best is freelancing and logo designing
There’s also a way that you can make money online without any investment. If you’re fond of writing, you can be a freelance writer and apply jobs at odesk.com or e-lance.com. It can be part time or full time depending on the contract.
It’s no doubt that there’re many advantages to working from home, but you kinda miss socializing at the water cooler from time to time. Working from home is a lonely job
I totally agree that just working at home is lonely job. I used to go to public offices for founders like the BetaHouse. Great place and nice people
Working from home is not just work, but be free!!
You can work hard for a few hours and optimize the time
In any case, as written in the article, the money saved on petrol and lunch, are immediately noticeable in the family budget
You would get couple of good benefits of working from home. The most advantage is the flexibility of hours which you can work as per your schedule without working based on any deadline. So you don’t need to sit and spend continuous 8 to 9 hours.
Earlier for me as a blogger there was no proper setup but now as I have moved into a commercial I am getting lot more business from local market and blogging has continued as a passion for me…
I have worked from home and in office as well and I will say both have their own pros and cons. In home yes you do cut a lot of expenses of fuel, clothes food and the extra money you spend with colleagues which you really hate. But the professionals environment grooms you and enhance you skills which is impossible in home
These are really some cool tips to how work home and make money.
Utilizing your time while commuting is an excellent tip. I usually write some of my blog posts while commuting from office to home!
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