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Positive And Negative Sides Of Working From Home

Gone are the days when employees are boxed out of their cubicles! Modern technology and contemporary changes paved way for more freedom at work. Nowadays, we can choose to work from our own sweet home.

CONS

1. Working from home is not for everyone. It takes a strong sense of self-discipline to conquer the tasks at hand. Discipline is important to start work and to focus during work. Be honest with yourself! Are you capable of practicing your self-discipline?

2. Working from home entails no outside pressure. If you are motivated by your boss who oversees you all the time then, this may not be for you. Some people find it hard to stay on task without the pressure from another co-worker or a supervisor.

3. Working from home diminishes social interaction. It is no secret that freelancers are vulnerable to being lonely due to their remote location. Loneliness can be dangerous to your mental and physical health. Rethink whether you will thrive in an isolated environment.

4. Working from home puts a gray area between your work and personal life. It is hard to tell whether you are overworked or not due to your environment. There can be an imbalance in your work and personal life, which is unhealthy for you.

5. Working from home lessens vicarious learning. Due to the minimal interactions with other people, learning from a team of like-minded individuals is minimized. There will be no idea sharing or brainstorming face-to-face. There will be no work lunches too.

Image Credits: pixabay.com

PROS

1. There is no commute when you work from home! Employees will be able to save time and money. These factors often lead to boosting overall morale.

2. There is more productivity, if you are working in a comfortable environment. Some employees are willing to work harder in order to continue having the freedom of working from home.

3. There will be few sick day leaves. This time, employees will be less exposed to the infection brought by the commute or the workplace. People will be able to get work done from home.

4. There is less overhead costs when you switch to working from home. A small business will be able to thrive when they eliminate the costs of rent, office supplies, office snacks, and so on.

5. There will be less chances of experiencing burnout. When employees are working on their own terms, they are less likely to feel overwhelmed by their work experience and the tasks at hand.

When taking the leap of faith, you have to weigh both the potential positive and negative sides of your decision. Good luck!

Source: APOLLO

Plan Your Finances Before Resigning Next Year

Submitting your resignation letter and starting a fresh chapter is a significant transition is someone’s career. Before taking the leap of faith, here are some financial steps that you may take.

SET A TIMELINE

Many people may think that there are better career opportunities ahead of them, but that is not always the case. This is why, you must set a timeline for realistic events. Ask yourself certain questions that will answer various outcomes. How long can you afford to take a break while you hunt for a new job? When shall you send out your tailored C.V.s? Do you need to schedule interviews next month?

It is recommended to build your emergency fund during this break. You may also build your networking list. There is no need to start from scratch when switching careers.

SELL SOME STUFF

Selling your old belongings is one of the quickest ways to use your free time and to de-clutter your space. Do an inventory of all your underused or unwanted items and filter out those that are in good condition.

Sell these items at a discounted price to your friends via Facebook groups. I remember selling my old shoes and clothes to help me purchase new ones when I was still a Uni student. To ease my search for a buyer, I made an account on Carousell. Carousell is a convenient marketplace app that is available all over Asia.

ELIMINATE THE NON-ESSENTIALS

Be honest with yourself! Check your monthly subscriptions on products and services. Do you really need to pay for two streaming services (i.e., one local and one international) or is one enough? Can you trim your gym membership and exercise at the park instead? Find no-cost ways to reap the benefits of your hobbies.

Image Credits: pixabay.com

While you may have gotten used to certain luxuries throughout your life, taking a few sacrifices here and there is essential. While you are on a “career break”, you can be conservative with your budget calculations.

SELECT A PART-TIME HUSTLE

Getting multiple streams of income can benefit your situation. By multiple streams, I am referring to either finding part-time jobs or to setting up your own small business. Aside from earning extra cash, you can also experiment with a variety of jobs or fields.

Find a freelance job that you can do at home such as teaching English, selling stock images, or becoming a virtual assistant. You may also open up your own small short-term business. Depending on your skills, you can sell baked goods for the upcoming holiday season or plan events for weddings and birthdays. Who knows? This humble venture may lead to bigger opportunities in the future.

6 Effortless Ways To Earn Money

As a kid, I remember asking my father to get me a new toy even though I had plenty of it back home. He looked at me and told me that he cannot purchase it at the moment because “money does not grow on trees.” This old Proverb implies that it is not easy to earn money. However, the modern times enlightened me to a revolutionary realization.

I realized that there are simple, unique, and effective ways to earn money without having to commit loads of your time and exhaust your physical or mental abilities. Hence, I give you the 6 “Effortless” Ways To Earn Money…

1. SHOP FOR FREE

Ever dream of getting paid to shop? I know I had at it was amazing!

The people that shop for a living are called Mystery Shoppers. Mystery Shoppers are paid by the company’s marketing department to report about their experiences as they try the said company’s products, eat at their restaurants, or buy their goods. If you accepted a “mystery shopping” job, you will be paid for your time as well as be reimbursed for anything you bought.

Eager to be one? Check out the current job openings at Gumtree and Jobstreet.

2. ENJOY A GOOD NIGHT’S SLEEP

Sleep has been proven to improve concentration, increase cognitive function, reduce stress levels, and increase one’s Emotional Quotient (EQ). But aside from these, it can also increase your salary! An additional hour of sleep per week has shown an increase in salary by 1.5% over the length of a season. This increase is due to the positive effect of sleep on productivity.

3. DISTRIBUTE FLYERS AND LEAFLETS

You do not have to exhaust your physical and mental skills in order to distribute flyers and leaflets to others. A go-to side job by many students, distributing paper advertisements might sound like a boring task but you can earn decent cash (about S$7/hour) in a span of a few hours. Simply search at Gumtree to apply for this “promotional gig” near you.

4. COMPLETE SMALL TASKS ONLINE

If you have an hour to spare, consider joining websites that pay you for completing small and easy tasks such as signing up for websites, searching articles, making a background image, or linking URL to websites. Creating an account at Fiverr will only take you 5 minutes. With Fiverr.com, you will be paid a minimum of US$5 (S$6.70) for every project you accomplish. Alternatively, you can create an account at Microworkers.com to join more than 600,000 workers worldwide.

5. SELL YOUR PHOTOS

If you love capturing moments and have a collection of creative images that are worthy to be featured on websites then, you can try selling your photos online. Companies are in constant need for images for their websites, brochures, cards, blogs, and other projects. Start by selling your stock photography on Shutterstock or Fotolia. Each website works differently so read through the guidelines first before you commit.

6. GET PAID TO TWEET

If your overactive Twitter page boasts with a relatively large following, you can get paid for posting sponsored tweets to your followers. The rate, which typically ranges from S$0.67 to S$26, depends on the number of your followers as well as other factors such as the creation “age” of your account. An example of this service is manifested by paidpertweet.com.

Image Credits: pixabay.com

Sources: 1 & 2

Welcome To The Wide World Of Freelancing

Aaahh FREELANCING! What started as a theoretical idea became a reality with the launch of “e-lancer” websites such as Guru.com (1998) and Elance.com (1999). Back then, clients from around the world posted jobs that are bound to be completed after a day, a month or a year. The virtually connected e-lancers join together into temporary networks to sell goods and services. Once the network dissolves its e-lance members become independent contractors again.

Apart from its name, freelancing has evolved throughout the years. Freelancers today have the option to work on a full-time or a part-time basis as they are essentially self-employed. With the big players such as UpWork and Freelancer, the world of freelancing is more competitive than ever. A testament to that are the other websites that offer relatively “cheap” labor to a wide variety of global clients. Here are just some of them:

1. CODEABLE

Codeable is unique in every sense as it focuses on the outsourcing services for WordPress. This niche site started back in 2012 and has since grown due to its dedication to hire excellent WordPress developers. These developers are then connected to the clients that are in need of on-demand website support.

2. PROJECT4HIRE

Project4Hire aims to meet the outsourcing needs of small business owners, individual webmasters, and large companies due to its variety of professionals. With hundreds of project categories, it makes it easy to determine jobs that suit your skill sets.

3. TOPTAL

Toptal’s approach to outsourcing is different as only the top 3% of applicants are allowed to be on the site. Toptal is sure to reward your prowess with meaningful projects and fair compensations from renowned clients such as Airbnb and J.P. Morgan.

4. 99 DESIGNS

Originally from Australia, 99 Designs became one of the world’s largest online graphic design marketplaces. They have been connecting designers to customers who are in need of quality yet affordable designs. If you have always been good and passionate at Photoshop or any graphic design tools then 99 Designs is perfect for your skills. Simply enter t-shirt, logo, website, and print design contests to win and earn money.

Image Credits: www.pixabay.com

As you explore freelancing as a viable career option, do not forget the important factors such as time, effort, and cost!

Sources: 1, 2, 3, & 4

Wanna Be Self-Employed? Here’s 5 Realistic Jobs That Can Transform You Into Boss

If you give yourself an opportunity to freelance or by being your own boss, you may be able to do the things you love and get paid for it. Also, you can have the freedom to design a schedule that works for you and still be able to nurture your loving children!

Yes! Sometimes, stepping out of the cubicle to be a self-determining entrepreneur or a freelance worker gives you the opportunity to find yourself while bringing money in the bank. Nonetheless, it will give you self-benefiting outcomes. Start with these 5 jobs that take purposeful risks…

1. OWN AN ONLINE SHOP

Do you love to make cupcakes, jewelry, or essence oils? Turn your hobby into your own business. Be your own boss by thinking about your skill set and hobbies then, start making an online business out of it. Popular platforms for selling or making your own online shop such as: Carousell and Tictail, are available for free. Furthermore, these platforms have a growing following of audience or customers already.

2. BE A SALES REPRESENTATIVE

Sales representatives or brand ambassadors sell household, beauty, or health products in their own ways. Join millions of independent ambassadors of Herbalife or MaryKay worldwide by visiting their respective websites. Here are added information that you can benefit from:

a. Herbalife : website here!

b. Mary Kay: website here!

3. VENTURE INTO BLOGGING

If you enjoy writing or sharing your ideas then, becoming a blogger might just be for you. There are many ways to monetize a blog such as advertising, memberships, selling books, product affiliations, becoming speakers, and so on.

A blog may lead to success with a combination of hard-work (e.g., countless hours of writing articles and editing videos), networking during events, media affiliations, luck, and building a fan base. A job as a full-time blogger can be so persistent in your life that you can be working everyday without noticing it!

4. BE A FINANCIAL CONSULTANT OR ADVISOR

In general, Financial Consultants or Financial Advisors are professionals who guide their clients to manage their money, investment options, and asset relocation. But, what they do is far more complex than that. A career as a Financial Consultant gets to enjoy the flexible working hours and the privilege to get the job incentives.

It involves a lot of paperwork, preparation, and building relationships. It can not only be challenging as they face a lot of rejection but also rewarding as they see their clients improving their monetary lifestyle. There is a job growth in this field as long as you go through continuous training with determination and openness.

5. PURSUE AS A PROPERTY AGENT

Early this year, a young property agent by the name of Shirley Seng sold a penthouse in Le Nouvel Ardmore for S$51 million. With that, she gained a commission of a whopping S$1.5 million! It’s like winning the jackpot!

Image Credits: pixabay.com (License: CC0 Public Domain)

Truly, the top richest people in Singapore have been involved in either the property business or the property development. But, what is a property agent exactly? A property or a real-estate agent is someone who arranges the selling, renting, and management of properties. So, be prepared to be creative in your marketing strategies and to be able to build a good network of people to aid in financial crises.

Sources: 1,2, 3, & 4

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