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Why Work from Home?
Have you noticed? There is a lot of publicity these days about working from home - increasing numbers of people are dreaming of leaving the rat race; TV programmes are made showing families leaving the city and moving to a rural retreat; and more and more employers are offering their staff the opportunity to work at least part of their working week from home. Even security of employment is no longer assured. Then add to this the explosion of Internet businesses that can be worked from home. No wonder for some people the temptation to jump straight in and 'do their own thing' from home is irresistible. But what are the problems or drawbacks that have to be considered before making this decision? And what are the rewards and benefits that can be gained? The plus points of course are well documented: no daily commute, no having to dress for the office, no difficult bosses, more time with the family. From my own point of view, because of a health problem, I could no longer go out to work so the decision was made for me. But I had to think long and hard about how to make it work, and to find ways to overcome the problems I would encounter. So, what are these problems? - there is no longer the security of a pay cheque at the end of every month: if you don't work, you don't earn any money;
- the necessity of having a separate office space - could you manage with the kids dropping ice-cream on your paperwork, for instance?
- the distractions of household chores during your work time: I'll just get that pot of soup made now while I wait for that document to print out!
- the distractions of not working: phone calls to friends, reading the newspaper, just going to get another biscuit, or even going back to bed!
- knowing when to stop working: or you could
just become a bore; - isolation: no colleagues to bounce ideas off, or gossip with;
- and having to provide your own pension and insurance; sorting out your taxes; and keeping accounts.
In addition to getting to grips with all this, then think about what type of person you are. Do you have the qualities to succeed? It's all very well knowing the theory, but it's putting it into practice that counts. You need patience and perseverance, self-discipline and a positive attitude. You also need to be able to knock procrastination on the head and understand time management. You must be willing to learn and adapt. Okay superwoman, or superman, it seems an awful lot to take on board, and how each of you copes with these problems will be different. But the more you can get to grips with it, then there's more of a chance you'll be able to enjoy the benefits of working from home. Such as? - you will enjoy the flexibility of being able to work to suit your circumstances and to fit in with your family;
- you will benefit from an enhanced quality of life; there is far less stress when you are in control than when you are at the mercy of the traffic or the boss;
- a consequent improvement in health;
- and then, when you have made a success of your business, how good does that feel?
Why work from home? Because you deserve it!
Linda McGrory is a professional proofreader, potter and textile artist, living in Cornwall, UK, who also runs a successful Internet business. See Linda’s website at http://www.work-from-home-earn-extra-income.com lmcg@work-from-home-earn-extra-income.com
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Internal Revenue Service |
The US government agency responsible for tax collection and tax law enforcement. Includes income tax forms, instructions, and agency publications. |
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Tax Information for Individuals |
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Tax Center - Yahoo! Finance - Tax forms, tips and calculators. |
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Taxes: Tax Planning, Tools and Advice - MSN Money |
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Tax - Wikipedia, the free encyclopedia |
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Essential Links to Taxes |
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Taxes - Tax News for Home and Business from CNNMoney |
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The Tax Foundation - Educating Taxpayers Since 1937 |
Devoted to educating taxpayers about tax policy and the total tax burden borne by Americans at all levels of government. |
www.taxfoundation.org |
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Welcome to the Vermont Department of Taxes |
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www.state.vt.us |
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Franchise Tax Board Homepage |
The department that collects state personal income taxes and bank and corporation taxes for the State of California. Access to forms and tax information. |
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HM Revenue & Customs: Home Page |
News and information on tax and national insurance, including downloadable leaflets and forms and the latest news on filing tax returns on-line. |
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State and Local Tax |
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Quicken.com |
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Tax news and advice from Bankrate.com |
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Online Tax Advice - Tax Preparation Help - Income Tax Tips |
Income Tax Tips - MarketWatch offers online tax advice and tips. ... IRS inflation adjustments mean tax break on next year's taxes. ... |
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