Working at home is a great option for anyone who wants flexibility and self-discipline. While the benefits of being your own boss are numerous, there are also some drawbacks to working for yourself. These include procrastination and feeling stuck in a rut. In addition, you will have to learn how to prioritize your tasks and set up your own schedule.
Saving time
Working from home is a great way to save time. It allows you to start your workday at a reasonable hour without commuting. In fact, a recent Airtasker survey found that working from home can save an average of 8.5 hours per week and 408 hours per year. It also gives you time for your hobbies. For instance, you can start a new hobby like raising chickens if you work at home.
Flexibility
While working from home is a benefit to many, it has its disadvantages as well. For one, people with flexible schedules often feel unappreciated by their employer. A recent survey by Future Forum found that 75 percent of respondents are unhappy with their current work arrangements. The good news is that many companies are now accepting of remote pitching and are looking to hire remote workers to complement their existing workforce.
Another drawback to flexible working is that employees may overwork. This problem occurs when employees work too long and don't take breaks. While most office roles require regular breaks and downtime, remote working may result in an expectation of never-ending productivity.
Getting out of the rat race
Getting out of the rat race with your own home business is an incredible opportunity. It can help you create a work-life balance that is sustainable, free yourself from the rigors of a 9-to-5 job, and create a financial future that is both secure and lucrative. It also allows you to raise a family without losing your mind.
Getting out of the rat race requires discipline and the ability to control your own finances. Start by reducing unnecessary expenses. Depending on your income, you may need to spend less than you earn each month.