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@Pioneer1 and @ProfD
Working or running a business from home has lots of benefits.
The main thing that people don't consider is that
IT COSTS MONEY TO GO TO WORK.
When most people get ready to retire, the thought of living on less income
scares them, but they don't think about how much they spend going to work
every day.
As you mentioned there are clothing expenses, dry cleaning, transportation,
automobile expenses, car insurance, lunches and other meals, snacks, drinks,
incidental expenses, contributions to office funds, coffee funds, gift funds,
etc.
You know how it is, every time you turn around you're spending money
on something.
Most of those expenses are eliminated when you work from home.
One thing that people don't think of is that you can reduce your car insurance
costs if you don't drive your car on a daily basis. You need to call your agent
and let them know your driving habits have changed and you can often get a
reduction on your insurance rates.
Other expenses will increase, for example your electric bill will be higher since
you'll probably have the TV and other electronics running throughout the day,
and you will use more of the other items around your house like hand soap.
But when you eat or drink something out of your refrigerator, it is cheaper
than buying something while you are out of the house.
Making your own schedule, taking breaks when you need to, eating when
you're hungry, taking a nap, caring for your family, and just being in your
own home is much better than being out there in the rat race.
And earning income while you're doing your own thing, plus the additional
benefit of having some peace of mind is priceless.
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