Companies no longer offer secure employment with benefits and pensions. The financial crisis and mass lay-offs of the last few years has been a wake-up call to take charge of your financial life. Even before the recent recession, financial gurus were recommending that owning a business was the only way to build financial security. That idea is truer now more than ever as people struggle to find work and support their families. Starting a home business is a fast, affordable way to take charge of your finances.
Today there is no such thing as job security and salaries are not keeping pace with the cost of living. While a home business doesn’t offer a salary like a job does, you are able to give yourself constant raises and in most cases, you can replace your income far greater than you ever thought possible. Further, you probably won’t fire yourself from your business and you can set your own hours around your schedule as a busy mom. The best part is being able to provide a greater lifestyle for the ones you love the most; your children. This is an investment that will pay off in the end. Being able to expose them to more activities to shape them into the children they want and need to become.
When most people calculate their finances for a home business, they don’t usually offset those expenses by the savings working at home affords them. Working at home can eliminate many expenses associated with a job such as childcare and commuting. Other savings can come from reduced or eliminated grooming and clothing costs and dining out or vending machine costs.
Some people avoid home businesses because they don’t want to hassle with complicated taxes. It’s unfortunate because home business offers a host of tax deductions not available to employees including some expenses you already pay such as your electric bill. I’m not a tax expert, so check with a tax professional or the IRS online for clarification on tax issues. With that said, owning a home business allows you take deductions for the expense of running your business, the office store to pick up paperclips, as well as a home office deduction that includes portions of your utilities and internet costs.
Get Paid What You’re Worth
Running your own business allows you to control your worth. Today, people are fighting for minimum wage positions which are not worth taking if you have to cover and pay for daycare. Your destiny is in your hands. If you’ve ever felt undervalued and underpaid, owning a home business is the best way to change that. Trust me, it is worth it. My life has changed forever because of a decision I made 7 years ago.
Bringing Moms Back Home® is the leading work at home business team for moms. We are a group of diverse moms all over the world working together to create financial freedom and a better quality of life for our families. For more information, click here to learn how you to can be successful at home and not sacrifice your income
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