More people than ever are now working at home. More than 13.4 million people, or 9.5 percent of the workforce, now work at home according to a new Census Bureau report. Not only does this cut the commute time but it helps workers' wallets as well: They earn significantly more than those who have to stay in the office.
The number of people working at home either full- or part-time has skyrocketed in the last 15 years, increasing by 11 million since 1997. The biggest jump happened from 2005 to 2010, the most recent period for which there is data, when the share of all workers who were home-based went from 7.8 percent to 9.5 percent of the workforce.
The financial benefits of working at home are very attractive.
The convenience of having your office a few steps away from your bed allows you to save on commute time, gasoline and transportation expenses. There is also little need to buy power suits and dress up every workday as you can work in your jogging outfit or pajama. Since you work at home, you save on rental payments and overhead costs are cut significantly; allowing you to plough all your capital and profits back into the business. Your earning potential is directly proportional to your performance: no more waiting for your boss to give you your raise or promotion before you can increase your income. More importantly, however, a home business allows people who have been frequently shut out of the job market–homemakers, students, retirees, and the disabled, to name a few-to to create new income opportunities.
Getting up every morning knowing the money you make today is for you and your family, not your boss and the company, is fulfilling. And you are in complete control of your income.
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You will love that you are able to stay home with your children. You will able to see your youngest son or daughter take his or her first steps. It will be amazing! You feel like change is now in the air. You want to free your creativity, sanity and take control of your future. The rest of your journey is waiting to happen right now!
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