Home Income, The Alternative to Office Income
Believe it or not, electricity bills, car notes and mortgage payments do not discriminate, and whether via income from home or income via work at the office, they need to be paid. Gone are the days when working from one’s home was done merely to provide extra money and supplement the paycheck. What now happens in many households is that income from home has become number one where earnings are concerned.In a great many cases, the switch from working at the office to becoming self-employed was not a voluntary one. The recession played havoc with jobs everywhere and people had to find other means of surviving. Many took the advice of starting your own business and the concept of being self-employed was warmly embraced. When home income is mentioned these days, if one were to take the words at face value, one could be easily misled. Although farming, repairing lawnmowers and a host of other things from which income is derived are done at home and technically qualify as home income that is not what is meant here. What home income refers to in this case, involves use of a computer and the Internet.One of the factors that make even people who have regular nine to five jobs seriously consider giving them up and venturing into the land of the self employed, is that it has now become quite lucrative. Income from home earnings have been shown to outstrip that of many regular office jobs when comparisons are made. In fact many of the world’s richest people today will tell you that starting your own business is a sure way to riches and a life of comfort. There was a time when it was believed that the path to wealth was primarily one of hard work. Today, that hard work has been modified to smart work, which is not as hard, thanks to the World Wide Web and the Internet.Aside from not being as difficult as replacing a car engine or going at an acre of land with a hoe, there are other pluses in favor of home income as opposed to office income. The monotony of the office life almost drives some people crazy, being self-employed lifts the restrictions. Being one’s own boss and deciding when to do what and how, certainly appeals to a lot of people and it feels great not having a boss peering over one’s shoulder all the time. There will no longer be a need to dress up every day and commute back and forth, thus saving on time, gas and fare if the mode of transportation was train or motor vehicle. If you are one of those people who had to spend hours in traffic daily you can appreciate this.Now, with starting your own business and seeing income from home being promoted to number one in earnings, other things will naturally fill the “extra money” slot. One of these will come in the form of tax benefits, as businesses that are home based do get tax benefits. Tax write-offs or start-up costs, telephone bills, rent etc. can amass you a pretty penny, but that subject is best discussed with an expert. Being able to spend more time with the family, less pressure from deadlines, doing something you enjoy and a lot more free time, are all bonuses that accrue from being self-employed but are not usually associated with your regular job.Home income will be the preferred mode of earning for a lot of people for a long time to come, as the option of working from home is way more attractive than its alternatives.