| One of the greatest and most rewarding | | | | you go to the grocery store, or buy your next |
| endeavors you may adopt is working from home. | | | | car, or car wash etc. Suddenly it feels like you |
| Not only do you get to set your own schedule, | | | | have less money. Trust your instinct or listen to |
| you are blessed with spending time with your | | | | an economist, you do have less money by |
| loved ones and/or your loved activities. I can't tell | | | | stores, services etc raising their prices simple |
| you how to put a dollar amount on it. But it's | | | | translation: inflation. If you own a property this will |
| probably like this: $$$$$$$$$$$$$$$$$$$. | | | | help but beware. If you don't own a property, |
| We are talking about time. Time is the most | | | | inflation could really hurt. $-$$$$$ |
| important factor when you compare working | | | | 8. No need for lunch money. $$$-$$$$ |
| from home versus working a regular 9-5 job. If | | | | 9. No need for new wardrobe or keeping |
| you hate the day to day grind of working a | | | | wardrobe clean. $$-$$$$ |
| normal job and you never worked from home | | | | Some Non-Money Advantages: (just a few) |
| you are missing out on one of life's treasures. It is | | | | 1. No more boss! You make your own decisions, |
| so limitless only you know what you would do | | | | rules, and disciplinary actions. Not someone else. |
| with it. I personally enjoy 3 mile walks with my | | | | This is really great if your current boss has those |
| wife and dog Rixy (the fastest Whippet around). | | | | notorious suppressive anti-social characteristics |
| Oh, to be perfectly honest I love golfing with my | | | | and it all seems directed at you. |
| friend at his country club. The best time to go | | | | 2. More time to work on your own earning power. |
| from 11am to 3pm, if you add the commute | | | | Most employees are helping their employer to |
| times it really takes the WHOLE day. But you | | | | make money. But at the end of the week do you |
| what? Time doesn't matter because I make my | | | | even have time to send a resume or go on an |
| own schedule. | | | | interview for better opportunities? Or read up on |
| However, time is a non-money advantage. Let's | | | | other systems to make money? You'll see how |
| look at some of the real money advantages to | | | | difficult it is to focus and read and experiment etc. |
| determine if working from home is for you. | | | | There are more complicated ones. Who has time |
| Always weigh your options before making any | | | | for that? |
| decision to quit your job. We will look at some of | | | | 3. No day-to-day grind. You may love the grind |
| the required actions needed to work from home | | | | but it is a true relief when you don't HAVE to. |
| in my next article. | | | | You'll make up your own grind working from |
| Some Real Money Advantages: per year | | | | home. Based on your likes, dislikes and strengths. |
| 1. NO MORE COMMUTE! You SAVE the GAS | | | | 4. Time to work out. Time for 3 mile walks. TIME |
| money: depending on the vehicle this is probably | | | | to study money making systems. Time for |
| save between $$-$$$ per month. $$-$$$$ | | | | networking. Time for higher education. |
| 2. You SAVE the Wear and Tear on your vehicle. | | | | 5. Efficiency. You won't spend time cleaning up |
| Many people don't take this factor seriously but it | | | | other peoples mess-ups at work. This really hurts |
| is serious and costly if you're not factoring it in. | | | | you. It diminishes your self esteem to know that |
| Most cars cost at least .25 cents per mile (runs | | | | during your normal work day you spend time |
| .50 cents to $1 per mile Mercedes AMG). These | | | | fixing the problems other people create. This |
| can surface in repairs or depreciation (i.e.: $25,000 | | | | doesn't even help you and seldom does anyone |
| 2002 new car price minus current value 2005 | | | | acknowledge it. It may be the ethical thing to do |
| $17,000 = $8,000 depreciation). If you add the | | | | to help the company. But when your own work |
| repairs and upkeep during those years for a | | | | suffers. When you have to stay longer than |
| vehicle in good working order (average $1000 per | | | | scheduled. It intrudes your own personal integrity |
| year includes, brake pads, regular oil changes, | | | | to your family and yourself. When you work |
| unexpected expenses etc). That's $11,000 loss for | | | | from home you actually get more efficient. |
| three years. $$$-$$$$$ | | | | Search for my next article Work From Home: |
| 3. Ever get a TRAFFIC Ticket because of your | | | | Required Actions for further information. |
| commute to and from work? $$-$$$ | | | | 6. Independent Thinking. When you are an |
| 4. Does your current employer penalize you for | | | | employee you are affected by a herd mentality. |
| being late? $$-$$$ | | | | You may not realize how other people you |
| 5. Auto accidents. Not all of us get into one. But | | | | encounter everyday give you wrong data. This |
| those that do lose money on deductibles, and | | | | then gets filed in your brain and you start |
| higher rates. $$$-$$$$ | | | | operating on it. |
| 6. Insurance companies usually charge more | | | | The list can go on and on. Number 6 is really my |
| money for longer commutes. $-$$$ | | | | favorite. I'm going on my eighth year working |
| 7. Cost of inflation. Historically between 4-10%. | | | | from home. As I get good information, good |
| This means everything costs you more, but | | | | education and apply solid principles I see great |
| rarely do jobs keep up. You see this every time | | | | results. |