For almost a year now, I’ve been working from home full time. Little did I know that doing so could save our family so much money. If you’re thinking about quitting your day job and working from home, here are some money saving benefits to consider!
1. Less commuting.
This is the most obvious cost savings, but boy does all the gas money add up!
Calculate how much money you spend on gas. What are the current gas prices in your area? How many miles do you get per gallon? How far is work? How many trips do you take per month? You might be surprised by how much money you’re spending on your way to and from work.
You’ll also save money by having fewer vehicle repairs. In fact, you might be able to get rid of a car entirely and save even more money on insurance!
2. Less eating out.
When I had my day job, I would eat out on a regular basis. Bagged lunches were seldom seen, and unhealthy fast food was the norm.
Working from home, you’ll find that you’ll be less tempted to go out for a meal. It takes extra effort to get ready, get in the car, and head to your favorite restaurant. Why do so when you have a refrigerator full of food?
Eating out can be a very expensive habit, and working from home can help you break it.
3. No more daycare.
Having a work-from-home job also allows you to be with your children instead of sending them to daycare – and that, can save you a bundle.
Don’t worry too much about not being able to focus on your work. School-aged children will be in class most of the day unless you’re choosing to homeschool them. If having children home while you’re trying to get work done becomes a bit overwhelming, try working early in the morning or late at night while your little ones are asleep.
Bottom line? No more daycare means more money in your pocket.
4. You’ll have more work time.
When I rise in the morning, ta-da! I’m already at work!
Think about how much time you spend getting ready for your job, going to work, taking 15-minute breaks, taking a lunch or dinner break, and then driving home. All of that can easily turn into a couple of hours per day!
Working from home enables you to choose the length of your breaks and become a little more productive than waiting in the back room for your break to end. In addition, you could choose to have a “working lunch break” where you do some lighter work tasks such as reading.
5. No more expensive work clothing.
Depending on your job, you might feel the need to buy work clothing on a regular basis. No more! Feel free to wear whatever you want at your work-at-home job.
6. You’ll be able to find more residual income.
Too many jobs limit your potential for income. Some pay you by the hour, others pay you by the task. Instead of working once to get paid once, find ways to work once and get paid again and again – well into the future. Aim for residual income.
An example of residual income comes from professional blogging. With every article a professional blogger writes, they forever have (or at least until they take down the website) the potential to make advertising revenue from their article. They can actually make money while they sleep!
Working from home saves you potentially lost income by freeing up your time and giving you more room find residual income opportunities.
7. You’ll be better organized and on top of things.
Being away from home means less time organizing, paying your bills, keeping up with housework, making a budget, and so much more. But when you’re working at home, you can make sure you’re living up to your household responsibilities – and that can save your family a lot of money. Have you seen what housecleaners make these days? And who knows, you might use some of your extra time to find ways to cut your expenses!
As you can see, working from home will directly and indirectly save you money. In fact, you might find yourself making more money working from home than at your old job!
There are plenty of real companies that will pay you to work from home. There are also a lot of legitimate home-based business ideas you can use to get started.
Working from home isn’t for everyone, and you’ll certainly encounter some obstacles and challenges (just like at your day job). But for a growing number of people, working from home is just the ticket to a happier and more productive life.
Do you daydream about working from home? How close are you to making the leap? Share your thoughts in the comments below!