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How Much Can You Make Working From Home?

wahimageHow Much Can You Making Working From Home?

The amount of income you can make working from home is determined by a few factors. Much like any job outside of the home, it will depend on the position you are applying for, experience you bring to the table, career field, etc.. The money you can expect to earn is a matter of how many hours you work as well as your employment status (independent contractor or W-2 employee).

Working From Home: Your Skills and Experience

There are many fields and types of jobs available to do from home. The main factor that will determine how much you will make working from home is the level of experience and/or skills you have to offer an employer. If you have very little experience or minimal professional experience in a position that can be done from home, this does not mean you cannot land a telecommute or freelance position- it simply means you may have to work your way up to higher income.

Doing Your Research Based On Career Field

There is no general way to tell you how much you will make working from home. This depends completely on whether you work part-time, full-time, what the company pays, the field you are in, your experience, your skills, etc.
Some good resources to research salary levels by career field are:

Bureau of Labor Statistics

Glassdoor.com

Salary.com

You Get What You Put In - Part-Time and Full-Time Work From Home Factors

Of course, the amount you will make also depends on whether you choose to work full-time or part-time. If you cannot seem to find full-time work at home, one option is to strategize and obtain more than one work from home job or source of income. For example, you can always write for a few companies and work as a virtual customer service agent part-time.

Earnings Depend On Employment Status

You must also choose whether you want to work as an employee or an independent contractor. There are advantages and disadvantages for each type of employment status. With W-2 employee status, the company will deduct taxes for you and sometimes offer benefits. The most common fields that hire home workers on as W-2 employees are customer service or virtual assistance agenices, accounting and bookkeeping, teaching and health care positions. Indepependent contracting also can be rewarding because normally you have control over your schedule as an independent contractor.

Running A Home Business Is Always An Option

Until now, we have been discussing income with work at home jobs, but many people opt for running a home business. This gives a person the freedom over how much he or she can make depending on the effort put in to the business. There are many options when it comes to running a home business. You can open an online store, offer a service, sell a product for another company, make and sell your own goods, and much more. The sky is the limit, but that is the trick- can you think outside of the box and come up with something that will sell and be a success? Can you market? A lot goes in to running a home business, but where money is concerned, this is your best option if you can turn a business idea into something profitable.

The best advice for determining what you can make working at home is to simply do your research and don't fall for money making systems that seem too good to be true. In fact, keeping away from any type of "system" is your safest bet. Work at home jobs do exist and are becoming more plentiful with time, but you will have to work. With some time and careful thought, you can find something that will be perfect for you.

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