Remote working gives you more freedom, but it can sometimes be a challenge. Here are the pros and cons of remote work that you need to know.
You are probably imagining working on a laptop next to the swimming pool or the beach, sipping a cocktail. Remote working is an amazing lifestyle choice, but the picture painted above is not reality, these are the worst places to work.
If you’re working the 9-to-5 and you want to quit to work remotely as a freelancer or entrepreneur, then here is a selection of the pros and cons of remote work.
Schedule work around your life
Working in bursts is another distinct advantage of remote working. Provided you meet your deadlines to your clients, you could easily work a long day a few times a week and have more free time overall. This is excellent if you have creative interests, demanding family schedules, or just like a little self-care time.
The best part about scheduling freedom is the capacity to build in mindful breaks during your workday. Even just ten minutes of active exercise can help counterbalance sitting all day. If you’ve been searching for a way to integrate more movement into your life, remote working can offer you that benefit.
Save money while working from home
Saving money is another benefit of remote working. The expense of commuting and the cost of a professional wardrobe is removed, giving you a chance to save more money for more travel. Food costs and coffee shop trips are often less as well since it’s just as easy to whip up lunch or a latte at home.
No daily commute to the office
Those cold, Winter mornings are the worst when you have to drag yourself out of bed and walk to the bus stop or train station to commute to the office. Dark mornings and evenings are just the worst for motivating yourself for work.
How many times have you arrived for the bus or train early and found that it is delayed or worst still, cancelled? If you drive to work, there’s the stress of traffic queues and finding car parking spaces.
Wear what you want
No more maintaining two wardrobes – one for home and work. No suits and ties (yay!) No having to spend time ironing shirts. Simply wear what is comfortable for working at home. Of course, it’s always important to look smart and professional when on conference calls with potential clients.
The isolation of working alone
Going from working in an office full of people working to the isolation of being alone in your apartment or a coffee house can be a lonely experience. It’s important to keep connected with loved ones through technology like messaging apps.
For work-related conversation, the tool of choice for many remote workers is Slack. As an introvert, you probably love your own company, so, working remotely will suit you perfectly, but if you are an extrovert you might want to look at events where you are staying on sites like meet other like-minded people.
Technology and internet issues can add stress
As a remote worker, not being able to connect to the internet to work is probably one of the more stressful things that can happen to you. Firstly, without delay, purchase a MiFi hub that is unlocked to any network.
Purchase a sim card which includes internet data and keep this at home should the internet go down. For your mobile phone, it’s also recommended to have this unlocked so you can use any sim cards and then set up a personal hotspot.
It’s worth the investment because if you are working on a time-sensitive project for a client you don’t want to be losing money and future work by missing deadlines.
No one to motivate you
When working from home you do not have someone looking over you to make sure that you are being productive. Not getting work completed will mean you are not making money and this adds additional stress into your life.
The solution is introducing a routine into your life. Initially, you will want to tweak this routine until you find the time of the day when you are most productive. For me, working in the evening was the best time because during the day it was important for me to get out and explore.
Don’t feel though that this routine has to be strict, you could decide to change it on a specific day of the week. What’s important is that you build the perfect work-life balance and give yourself the freedom to enjoy life.
Taxes and money management
When you transition from your 9-to-5 job, into a freelancer or entrepreneur, one of the biggest shocks is going to be having to deal with the financial aspect of your business. Learning about taxes, and subsequent laws around tax take time.
You will have to start to keep a record of your revenue along with receipts. It’s advisable to calculate how much tax you will pay on your income and then make sure you save this money in a separate account and don’t touch it.
Payment of invoices
When freelancing, some clients will take longer than others. You could be waiting 4 weeks or longer to get paid out for the work you’ve completed so money management skills are a must to ensure that you can continue to pay rent and bills.
With all this said, in all honesty, when you start working remotely you will not want to go back to office life. Over time you will create the perfect work-life balance and this gives you more time to spend on the things that you love.