Are you stuck in a work rut? If so, you may be dreaming of packing it all in and not having to get up at the crack of dawn each day to go to work. But are you ready to quit your day job and start working from home?
Take a Look at Your Finances
Before you hand in your resignation letter, take a good look at your finances. Do you have a comfortable cushion of at least six months’ worth of expenses in your bank account? If you are already dipping into savings and running up mountains of debt just to make ends meet, how will you cope when you resign and start working from home? Working from home will not instantly ease your financial obligations by bringing in a six-figure income.
However, if you are not just taking your income into consideration, look at your spouse’s earnings and factor that into your decision. If your spouse is able to support the family while you get started in your work-at-home position, resigning sooner may be a viable option.
How Well Do You Work on Your Own?
Look at your current work methods to find out how well you work on your own. Do you work best when your boss is breathing down your neck, trying to get you to meet a tight deadline? Or are you a self-starter, able to get your work done without any outside pressures bearing down on you? If you currently struggle to accomplish tasks at work without constant supervision, you should think carefully about how well you will perform when you are stuck inside your office for 40+ hours each week.
When you work from home, time is money. It is essential that you assess your working style and methods to see if you are ready to start working from home. If there is still room for improvement, make the needed changes while you are still working for someone else so that you will carry that same level of discipline over into your home-based workplace when you quit your current job.
Do You Have Your Family’s Support?
Making the decision to pack up your office job to stay home and work is not easy. It is important to bear in mind that choosing to work from home will also affect others in your family. Without your family’s support, you will find it much harder to succeed. Before you make any hasty decisions, sit down with your family and discuss your plans with them. Will working from home mean a drastic cut in pay? How will you be able to pay your bills?
Work-at-home positions are not easy. However, if you are determined to make a go of working for yourself, you should take two major factors into consideration. Take a close look at your finances and decide if now is a good time to pack it all in and start your own business. Then look at your working style and see whether you are best suited to taking orders or to making decisions on your own.
Take a Look at Your Finances
Before you hand in your resignation letter, take a good look at your finances. Do you have a comfortable cushion of at least six months’ worth of expenses in your bank account? If you are already dipping into savings and running up mountains of debt just to make ends meet, how will you cope when you resign and start working from home? Working from home will not instantly ease your financial obligations by bringing in a six-figure income.
However, if you are not just taking your income into consideration, look at your spouse’s earnings and factor that into your decision. If your spouse is able to support the family while you get started in your work-at-home position, resigning sooner may be a viable option.