3 Ways Working From Home Has Saved Me Money

3 Ways Working From Home Has Saved Me MoneyI love working from home. No surprise there as it’s all I really ever talk about lately.

Working from home is great because I can roll out of bed and start working immediately, but there are also financial reasons for why working from home is great as well.

Ever since I started working from home, I have found that I have been able to save several hundred dollars each month. This just makes working from home even better!

Below are three ways working from home has saved me money.

1. We spend less money on food.

While our food spending still needs some improvement, we are spending much less than when we each had a day job. This is because we would often go out to eat to escape from work. Or, we would be too tired to cook for ourselves so we would go out to eat way too often.

I’m going to estimate that we probably save a couple hundred dollars each month on our food costs by working from home.

2. We spend less money on driving around.

We hardly ever drive now. Unless we are on a road trip, meeting up with friends, going to the climbing gym, or running an errand, we are not driving anywhere. This means we are saving a ton of money on gas and maintenance.

We hardly ever fill up our gas tank anymore, maybe just once or twice a month for both of our cars.

With gas as cheap as it is now, this means that we are only spending around $50 a month on gas lately. This is much better than the usual $300 to $400 that we used to spend on gas.

3. We spend less money on clothing.

Clothes are something that I hardly spend money on anymore. When I had my day job, I often had to meet with clients and wear nice clothing. This meant I often spent a decent amount of money in order to look nice.

Now, I just wear what I want. I get great use out of everything I own, and I don’t have to change multiple times a day either (for example, when you change out of work clothes when you get home). This means I am also saving money on washing my clothes since I have less to wash!

I am probably saving around $150 to $200 a month by lowering my clothing spending since I started working from home.

Would working from home save you money? Why or why not?

How To Be Successful

How To Be Successful

Photo by dailymotivation via Flickr

Everyone wants to be successful. Yes, I said it. I don’t know of many people who can say that their goal is not to be successful. Being successful doesn’t mean that everything is about how much money you make.

Being successful means that you have reached a big goal of yours. Maybe success is obtaining your dream position at your favorite company.

Maybe it’s starting your own business. Maybe it’s have a family or buying your own home. It can mean anything, and you are the person to determine what success means to you.

How can you become successful?

Determine your goal.

What is your goal? In order for you to consider yourself successful, I’m going to assume that you have some sort of goal and you then (of course) reached it.

Your goal can be anything. You determine that. What do you consider success to be?

Figure out how you can reach your goal.

Your goal may mean that you will have to work 70 hour weeks and raise a family. You might have to work two jobs. Whatever your goal is, you will most likely have to work hard. I don’t think many successful people will ever say that they didn’t have to work hard in order to be a success.

Make mini goals.

If you are like me, then you may need mini goals.  These can help keep you motivated. For example, if you are trying to be student loan debt free within 5 years, you might set mini goals for each year until you reach your ultimate goal.

Don’t be afraid to fail.

“I have not failed. I’ve just found 10,000 ways that won’t work.” – Thomas A. Edison

When trying to reach a goal, you may fail. Most people don’t become a success with absolutely no bumps along their journey.

Your plan may not go exactly as you plan. Suck it up and find a way around it.

Find a role model.

I think finding a role model is very important. You can find someone who has done what you are trying to do and hopefully learn from their mistakes.

Believe in yourself.

“No one can make you feel inferior without your consent.” – Eleanor Roosevelt

Being positive about yourself and what you can achieve is very important. If you don’t believe in yourself, then it’s very hard for anything to actually happen.

What are you doing to be successful? What is success to you?

 

This post was originally published in December of 2013 but it’s one that I think everyone needs to read every now and then. I hope you enjoyed it! 

How To Start An Online Business

How To Start An Online Business - Online Business IdeaStarting your own business can be exhilarating. I know this because I still wake up every single day extremely motivated for my very own business that I run.

For me, I run an online business and I honestly wouldn’t have it any other way.

An online business is great because you can be location independent and work from wherever.

An online business is also usually very affordable to run day-to-day as the startup and continuing costs usually are quite low when compared to business in other industries.

Below are my tips and suggestions on how to start an online business of your own.

You should think about what you are going to sell and/or create.

Thinking about your online business idea is a very important step. It’s not just something you should just pick out of a hat.

Have you thought about what exactly you will be selling through your online business? Will you be selling a product, such as a craft that you produce, or will you be selling a service, such as content that you write?

In order to run a business with a successful online business idea, you should not just pick something random and hope that someone wants to buy it. You should do your research, see if you actually enjoy the online business idea, and see whether or not there is a need for what you are planning on selling.

Is there a market for what you want to sell?

You might have what you think is the best idea in the world, but do you know if anyone will actually pay you for your product or service? You need to do your research and see how large the market for your product is, who your target market is, and more.

Does your online business idea need to be registered?

You will need to do research and see if your online business idea needs to be registered, if you need to be certified and so on in order to create and/or sell your product.

You will also want to think about whether or not you want to incorporate your business. There may be legal and tax benefits depending on the type of business entity you form.

Do you have a website for your online business idea?

With an online business, you will definitely need a website or be listed on a website where someone can find you and the services and/or products that you sell. Your website will need a domain name and you will need to pay for hosting too. In the beginning, and depending on your business, this will most likely be very cheap. Probably less than $100 when you start.

However, you will also need to think about whether you will create your website yourself or if you will pay someone else to create it. This is most likely where the majority of the expense of having an online business will come into play. Some can find a cheap website design for $100, whereas others pay $10,000. Remember you get what you pay for.

Get on social media.

For your online business idea, you are most likely going to want some sort of social media presence. You should do your research and see what is best for the type of business you are running.

For example, a person with a clothing business that is targeted at young children most likely does not need a LinkedIn presence. However, an Instagram and/or Facebook presence is most likely a need in order to run a successful and thriving online clothing business.

Are you interested in learning how to start an online business? What online business ideas do you have?