3 Ways Working from Home Saves You Money
SAVINGS: $832 per year
Eating out on a regular basis is costly.
Let’s assume you’re a fairly thrifty person and you have lunch out with coworkers twice each week at $5 a pop. Throw in a morning coffee twice a week for $3 each, and you’re spending $16 each week, or $832 each year eating out while working in a regular office. Telecommuting makes it much easier to make lunches and coffee at home, which won’t eliminate your food and coffee expenses entirely, but will certainly bring them down.
2. Dry Cleaning & Laundering
SAVINGS: $600 – $1,000 per year
If you’re working from home, you don’t have to worry about maintaining a professional wardrobe which often has to be dry cleaned.
The average professional spends between $600 and $1,000 each year on dry cleaning, but you can eliminate this entirely by telecommuting because your clothes will be decidedly more casual and less delicate. Let’s face it, no one ever went broke dry cleaning their flannel pajamas.
3. Car Maintenance
Consumer Reports estimates the median cost of annual car maintenance is $312, which only includes maintenance and repairs. If you factor in lowered insurance costs and slower depreciation from driving your vehicle less, that savings can rise significantly.
It may not seem like much, but every little bit helps when you’re potentially taking a decreased salary to work at home.