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Which of these expenses could you reduce or eliminate if you started your own home business?

  • Day care costs...with a home business you may be able to reduce or eliminate this expense completely.
  • Dry cleaning costs for professional wardrobe... Most people spend most of their dry cleaning dollars on their professional clothes.
  • Commuting costs (gas, tolls, upkeep of vehicle)... With a home business opportunity you may be able to eliminate this cost completely.
  • Cost of second vehicle
  • Car Insurance... your insurance cost may decrease significantly if you don't use your car to drive to/from work because you work at home
  • Parking... With a home business you should be able to eliminate this cost completely.
  • Meals due to working outside
  • Maid service
  • Professional wardrobe and related costs, shoes, accessories, etc.... most people dress far more casually when they work at home and can save a lot of money by eliminating or reducing their professional wardrobe.
  • Union Dues
  • Work-related expenses (forced donations, office parties, gifts, insurance, other work-related costs)...With a home business you may be able to eliminate these costs completely.
  • Uniform or other costs...With a home business you may be able to eliminate this cost completely.

When you add up all of your work-related expenses and deduct them from the amount of money you earn after taxes you may find that your family can get by or even have a lot more spare cash by starting a home business that pays a lot less than your old office job.

If you're serious about wanting to start a home business but you're not sure what the REAL financial impact will be on your family, get out a big piece of paper and a sharp pencil and figure it out for yourself. You may be very pleasantly surprised to find out that your new, luxurious work at home lifestyle is also helping you keep lots more money every month.

Please note:  Not intended to give financial, tax, accounting or legal advice. Before embarking on a change to your lifestyle that could affect your financial security, please discuss the change with competent accounting and/or legal professional(s) who can properly advise you based on your unique situation.

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