The ability to work from home is one of the best advantages that modern life has to offer. With the rise of remote working, the idea of being able to work from home has become a reality for many people.
If you’re reading this, you may be trying to determine if remote work is for you. Or you may have already decided that you want to work from home but you’re not quite sure how it works or what you can do.
In this article, we’re going to look at some of the benefits of working from home, the options out there for remote work, and the potential money you can make.
What are the benefits of working from home?
During the pandemic millions of people were forced to work from home, however once restrictions began to lift many people chose not to return to the office and instead continued working from home because of the numerous benefits that come with it.
Working from home saves you money and time
What if someone came up to you and told you there was a way you could save up to $212 each week? What if they also told you that you could have an hour back each day to do whatever you wanted to do?
Well, you don’t have to imagine. You just have to work from home.
If you haven’t done the math, take some time now to work out just how much time and money you spend getting to work. Factor in how much you pay for fuel, car maintenance, tolls, and parking. Hint: It’s probably more than you think.
The average capital city driver spends somewhere between $7,432 to $11,031 each year just to get to work. In other words, before even getting to work the average Aussie spends $142 to $212 each week in transport related costs alone. If you take public transport (assuming it’s available and accessible to you) the average cost is slightly more palatable at between $1,080 to $3,026 (depending on where you live), but you’re still paying more than someone who works from home.
Commuting is also time consuming. The average capital city commute is around 66 minutes per day (5.5 hours a week), whether you drive or take public transport. That means the average Aussie spends almost an entire work day each week, just to get to work.
When you work from home you’re eliminating the costly, stressful, and time consuming commute, while simultaneously freeing up more time for the things that matter to you. There may be some upfront expenses to cover while you get set up (office furniture, computer, stationary, etc), as well as the minor added cost to your utilities (phone, internet, electricity), but in the long run you’ll most likely end up saving money by eliminating the commute.
Remote work unlocks new levels of freedom and convenience
Working from home unlocks a level of convenience and freedom that you just can’t get in an office. With remote work becoming more and more common, many employees are now able to enjoy the benefits of being able to set their own hours, work at home whenever they need to, and measure their own productivity.
Working from home gives you the opportunity to balance your work with your personal life more easily, from chucking on a load of laundry between meetings or ducking out for the school run, there are so many advantages that you’ll come to love.
By working from home, you also avoid the pitfalls of modern workplaces that waste your time and eat away at your productivity. While being able to walk over to a coworker and bounce an idea off of them may be convenient, a lot of the time it turns into long conversations about the weekend or the latest bit of office gossip. This makes you less productive and eats away at your time.
Finally, many people simply find working from home more comfortable. Whether that’s because they can choose their own music to listen to or set the air-conditioner at a temperature more comfortable for them, many consider the comfort of being in their own space the biggest benefit of remote work.
How can I make money working from home?
If you’re looking to make the switch to remote work there are plenty of options to choose from. You can go with the traditional option of working for an employer, starting your own business or freelance gig, or more niche options.
Working for an employer
Majority of people that work from home do so through an employer. Some people engage in hybrid work, a few days at home and a few days in the office, while others work from home full time.
More and more employers are offering hybrid or remote work, so if your employer doesn’t offer the ability to work from home there are plenty of resources available to help you find good remote jobs.
Starting your own business / doing freelance work
Another way that some people are able to work from home and set their own hours is by starting their own business or engaging in freelance work.
Both allow you to set your own hours and work wherever you want, however as you need to build the business or your client base from scratch it can be more risky and take longer to see a return.
Niche Options – Freedom Securities
There are many niche ways to work from home and be your own boss, and Freedom Securities offers an exciting alternative to working for an employer or freelancing.
Freedom Securities has been operating since 1996 and is a unique work from home business based on investing on the Thoroughbred Racing Industry (via the TAB). It is a tried and tested software platform that gives its clients the freedom to work as much or as little as they want while maximising their potential returns.
The Freedom Securities system is built on proven mathematical theory to deliver consistent investment returns and daily cash flow. The software the business is centred around selects daily investing opportunities for you. These opportunities are based on a tested mathematical algorithm and statistical probability, drawing on historical statistics which show that 85% of winners come from the top four favourites, so you can simply follow the system’s recommendations with confidence.
The best part is you can work from home (or anywhere!) while setting your own hours. We’ve already helped many of our clients set up successful online businesses and can do the same for you. Speak to us today to find out more.
Remote work is here to stay and millions of people around the world are realising the benefits that working from home has to offer. If you’d like to learn more about the exciting possibilities that Freedom Securities can offer you, reach out today.