The article Pros & Cons of Working from Home discussed non-monetary reasons someone might want to consider a work from home job instead of a traditional job.
Pros & Cons of Work at Home Jobs – 3 Benefits of Working from Home
In this article, learn three cost benefits of working from home. Two are direct savings while the other is a time-saving factor, which could easily translate into saved money or increased income.
Reasons for Leaving a Job for Self-Employment, Working from Home
Anyone pondering the transition from a traditional job to a work at home job may want to consider the impact working from home will have on a household’s bottom line. Here are several ways working from home saves money and time:
- Working from home may eliminate or greatly reduce the cost of professional or business casual work clothes – Unless the individual must meet with clients, there is no real need to dress up. Some argue that business attire worn in the home work environment makes the individual feel professional, but many people don’t need that formality in order to work effectively and efficiently. Clothes from a former job could be worn when client meetings come up.
- Working at home may cut down on time spent commuting – For instance, someone with a thirty-minute commute each way will effectively increase their available work hours by one hour per day by eliminating the commute. In a standard 50-week work year of five days per week, that adds up to 250 hours! That’s the equivalent of adding over six full 40-hour work weeks to a schedule. The person who works from home could simply look at that as an extra hour that could be spent doing something else.
- Reduce vehicle operating and maintenance costs with a stay-at-home job – Individuals who eliminate a long commute by working from home will save money on gas and vehicle wear and tear.
Weigh Financial Factors Before Considering Work from Home Ideas
It’s important to consider non-monetary factors in the decision to leave an office job to work from home, but financial reasons can provide extra justification for someone who is looking for a reason to quit their regular job. Those who like dressing up for work, using a long commute to clear their minds, or showing off a nice car to others may not agree with any of the cost benefits of working from home mentioned above.
Home-Based Jobs – Make Money Online with Stay-at-Home Jobs
The decision to quit a job to work from home is a highly personal one. Use the points listed in this article and the article linked to above as starting points for contemplation. For those who have decided to make the transition, below are two articles that may come in handy. Learn where to make money online (through freelance writing jobs and online instructor positions).
Find Teaching Jobs Online, Education Employment – Online colleges like the University of Phoenix offer legitimate work from home opportunities for individuals with advanced degrees.
Writing Jobs Online at Suite101.com – Suite101.com offers real home-based freelance writing opportunities to those can demonstrate an ability to write well and have a desire to share knowledge with others. An interested individual can apply for a home-based job through Suite101.com before making a final decision to quit a traditional job.
Related article:
Work at Home Moms - How WAHMs Balance Jobs & Kids
Lena Gott - Lena Gott is a Certified Public Accountant who gives practical financial advice to her readers.
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