4 ms·
One thing I've realized about working remotely is that it is actually quite a big pay raise if you use it correctly. The type of work-related things that usual
by moocow01 15y ago
One thing I've realized about working remotely is that it is actually quite a big pay raise if you use it correctly. The type of work-related things that usually cost money/time can be much more easily eliminated like...
- commuting costs (no need to buy that 2nd car and pay insurance)
- commuting time (arguably time = $)
- lunches and food (make your food/drinks at home)
- ability to take care of little things during non-rush hour (ex. going to the post office when there are no lines)
All in all, you could probably find ways around these for non-remote jobs depending on your situation but I've found I save about $1000 a month from working remotely. This translates to about a ~$1400 dollar bump in salary per month when you take into consideration that Uncle Sam takes ~30%. Difference of ~16-17k for me annually but everyone will have their own number. And this doesn't even take into account the possibility of living in an area with a lower cost of living.