How Can Working From Home Save You Money?

You Can Save Big working from home! Here’s How…

We are all anxiously tracking the spread of the coronavirus as the global outbreak has caused a disruption in day-to-day operations for many, with companies sending their employees to work from home until the spread of the virus is under control.

What this unprecedented time illustrates is that quite a bit of work can be done from home – in fact, Kate Lister, a researcher for the Telework Research Network, says that about 40% of Americans hold jobs that could be easily be done from home.

#WFH Can Save You Major Cash

Research says that people who work from home typically save anywhere between $2,000 and $7,000 a year. This means if you’re working from home now, you’re able to save more for the future, and when the world normalizes – you’ll be faced with a decision about whether you want to step back into the office.

Child Care. The National Association of Child Care Resource and Referral Agencies found that a family making the state median income spends an average of 18% of their salaries on after-school childcare. By working from home, you can eliminate the substantial cost of after-school care. That means more money in your pocket.

Transportation. While not top of mind for many at this time, eventually people who transitioned to working from home will be faced with the prospect of commuting to work once again. The average U.S. commute is about 26.4 minutes one way. This means most commuters spend nearly an hour of driving or riding public transportation each day. Clearly, this can put a large dent in your pocket. Whether you are filling your car up with gas twice a week or recharging your public transportation card. By working from home, you are making the choice to shave a large expense out of your monthly budget.

It is not hard to figure out that you could save a lot on transportation by spending less on gas, vehicle maintenance, parking and tolls.

Food. Research says that the average American worker spends $1,000 a year on coffee and $2,000 a year on lunch. Working from home gives you the option to make that daily cup of coffee in the comfort of your own kitchen and spend a lot less on your caffeine fix. Likewise, when working from home you’re less likely to spend that $15 on a garden salad for lunch!

Office Attire. This may seem like a small savings when thinking of other large-scale items. However, when considering the amount of money you will save long-term when you don’t have to dress for a corporate environment and don’t have to budget the extra monthly bill of maintaining corporate attire through dry-cleaning fees and possible tailoring services, you start to see how you will be able to save money in the long run.

Are You Ready to Make Your WFH Dreams a Reality?

As you can see, there are many advantages associated with working from home including many cost savings. So, what to do? Explore the benefits of the Arise® Platform.

The Arise® Platform allows you to earn money from the convenience of your own home. Make your own hours and have a flexible schedule while working from home providing inbound support, customer service, or technical support. Arise connects businesses, run by people like you, to prestigious Fortune 500 clients through a virtual platform. Arise provides the clients, your company provides the service.