Those who wish to make the transition from regular commuter to remote worker are in luck, as the option to work from home has grown by 40% in the last five years. The advantages of having an office job, however, is the structure it provides especially where managing finances are concerned. Home workers, on the other hand, may find it a little hard to adjust to the newfound freedom and so will their finances. Discover ways that remote workers can stay on top of finances without the hassles of commuting.
Take Advantage Of Great Apps
One of the best things to come out of the abundance of apps currently available to consumers is the ability to stay on top of everything from the budget through bill payments. Apps such as Mint and EveryDollar allow users to link up their bank accounts which provides a bird’s eye view of the daily spend. For work from homers, it’s important to keep track of spending on items such as coffee shop sessions and getting stuck on Amazon.
The Daily Budget Can Be Effortless
One of the best ways for work from homers to ensure that they stick to their monthly budget is by having the physical cash in their hand for that day’s purchases. Those who prefer not to carry cash can link a separate savings account and physically transfer the allocated amount into the account before going out. According to Crediful.com, another best practice is to load the desired amount onto a prepaid card which works the same way a debit card would, but with a limit to the spend amount as opposed to free reign on all the funds in the main account.
Chase The Money
When it comes to getting paid, those who work full-time simply need to sit back and wait for the dollars to roll in like clockwork on payday. Work at homers who also happen to be freelancers need to do a little extra work. Sites such as Wave and QuickBooks make quick work out of this. Not only do they provide an invoicing system, but a host of other features such as auto-reminders and accounting functions.
Working from home has a number of benefits including missing dreadful traffic and spending more time with the family. Managing finances should be this simple too, and with the right products and programs, it becomes effortless.