To think I can't earn 50k working from home?

[3gorgeousgirlies]

Does anyone successfully do this ?

I'm after inspiration .

Yabu, if it was a very occasional thing people could put up with it. This has been a fairly regular occurrence going on some time. My neighbours had work done on their home which took the best part of a year if they had blocked my drive once I would have been furious.Imagine how inconvenient it is to have to ask someone to move when you want to leave your own house? I think the neighbours have been very tolerant and not at all surprised that they have had enough, sounds like you have taken over.Try seeing it from their point of view and in future put yourself out and move your own car when expecting workmen or deliveries.

I charge $40-50 an hour so I suppose I could earn that much if I was head-down, full-time.

I'm completely self-taught doing digital marketing and web/graphic design.

The first couple of years you won't earn much at all mind you.

Ooop sorry posted to wrong thread.

Wrong thread, I think, crimsonlake!

I agree wholeheartedly about the "no children"- I still took my DCs to the childminder every day.

In fact, most companies which allow home working either partially or completely have a clause stipulating that you must have childcare during the hours that you are working. Some request proof of childcare. Home working is absolutely not a substitute for childcare, and employers or clients will not tolerate you being distracted by kids during working hours if they are paying you the equivalent of £50k.

A lot of people tell me how they envy me being my own boss, when in reality I work for a dozen bosses now, who all demand a piece of me, often at the same time. I love it, and I'd struggle to go back to a "real" job, but was very close to quitting in the earlier days.

Yes - I feel exactly like this.

OP, even if you work from home (in that you don't go into an office), that does not mean that you never have to leave the house for work. My husband has his own part time legal practice which he works out of a home office but he is constantly going out for client meetings, networking events, giving lectures, attending professional development events and conferences. He makes that amount and much more.

If you never want to have to leave the house for work, that is pretty limiting and will be reflected in a deep discount on your earnings unless you have a specialised skill, a lot of contacts and steady stream of work that comes to you and you don't have to go out to look for it.

I don’t know but I imagine it would be working all hours selling online.

You could if you had a real job.

Selling aloe vera drinks or crochet bracelets, then no.

The rule of thumb formula for self-employment is 1/3 on business development, 1/3 on admin, 1/3 on actual billable work. Hence your hourly rate has to be high enough to cover you for the other 2/3s of your time as well as the times when you are on (unpaid) holiday, sick pay and nil pension.

My DH does, he works from home for the same company he worked for before in an office. He joined a new team that are based in several different countries so they all work from home and communicate via WebEx and online text chat things.

He could go to the nearest office but none of his department are there and it would be 12 hours a week commuting. No thanks!

I make £50K a year.

No previous experience, no training, no qualifications no investment. And I only work 20 hours a week.

Tech/coding type jobs are home working friendly jobs that pay well. I imagine you'd have to get the skills and work for a company first.

Pretty sound advice on here.

The answer is - possibly. But it's very unlikely without you having put in a shitload of work beforehand - either in gaining a professional qualification then climbing your way to a point in an organisation where you're trusted to do so, starting your own business, or otherwise working extremely hard to get to a position where it's possible.

I'm making a big assumption about your reasons for asking - but don't think that WFH means no need for childcare and all day with your DC.

Also - remember that if something sounds too good to be true it probably is. MLM schemes and scam 'courses' that promise £60k jobs working from home as 'social media managers' deliberately target women who are torn between the need to make money and the desire to stay at home with their offspring.

I work school hours and could work from home. I do go into the office which is half a mile away though as I like having people around. I also have to meet clients, but they are usually close to my home or come to the office, so not strictly 'at home'.

I earn more than that during those hours, but I have 16 professional exams, additional licences and am considered an 'expert' in my field.

I make £50K a year.

No previous experience, no training, no qualifications no investment. And I only work 20 hours a week.

Then why don't you say what you do? Or did you just pop by to brag?
Obviously, since we can ALL get in on this sweet deal since no training, experience, or special qualities are required, rewards will be coming down soon enough.

I make and sell craft items.

its perfectly possible as a web developer

you've had good advice - earn £50k wfh, IT, worked from home for the last 11 years, but you need contacts and experience, firms don't typically let you wfh without you establishing yourself first and being in an area where you're hard to replace helps, my firm would prefer someone onsite, they're just hard to find.

Is this thread just an excuse for people to brag? I make £200 per hour at home just lying on my back!! Jk

Then why don't you say what you do? Or did you just pop by to brag?

No doubt they will in a minute when they try to get OP or any other sucker to sign up to their dodgy scheme.

Who's bragging? OP wondered if it was a realistic goal to work from home and pull in £50k.

People have responded saying yes - but not everyone can as you need skills/contacts/experience.

No bragging.

resquirrel- the OP asked "To think I can't earn 50k working from home?"

And some of us are saying yes, it's possible.

How are we able to answer that question without "bragging"?

I make and sell craft items.

I had a client not so long ago who sold handmade items on eBay and also thought that they were earning £10ks more than they actually were.

On the plus side after sorting them out, they actually had no income tax at all to pay for the year.

*I had a client not so long ago who sold handmade items on eBay and also thought that they were earning £10ks more than they actually were.
*

I can assure you I keep a tight rein on the financial side of my business.

I think it's a myth put about by a lot of accountants that self-employed people NEED an accountant to rescue them and do their self assessment. Some might, but if like me you're not buying and selling and the "product" is your skills, it's really easy to keep a spreadsheet will a note of all your payments.

Hell, even pen and paper would be enough. As long as you DO keep records.