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

[3gorgeousgirlies]

Does anyone successfully do this ?

I'm after inspiration .

My friend prob earns 100k working from home as structural engineer. Has to do site visits etc so does leave the house but doesn't travel that far (hour or so radius).
Another friend is an architect and does the same ( but earns less)

kids are still in childcare/school though. But they can be flexible and arrange hours to make a school play, doctors appointment etc though.

Both of them also worked for a decade or so in big companies so has broad experience and network.

I do as a freelancer. I have 10+ years experience in the field and command a nice day rate as a consultant. Currently working for an ad agency, in Costa :)

As a FT professional yes I could earn that and have in the past. I’d go out to clients sometimes but vast majority of work was done at home. But I needed childcare. Plus if self-employed you need to think about things like IT costs (capital outlay, repairs, programme subscriptions) and insurance. Plus accountants fees unless you’re happy to do your own taxes etc.
As an employed person working from home you don’t have those costs but you do have less flexibility than when you’re the boss.

I do. Freelance proofreader. However, I've been doing it for 9 years now, and for the first five or so years I earned nowhere near £50k.
Freelancing isn't for everyone, I'm very relaxed and even I panic about not having a monthly salary sometimes.

redsquirrel2

Im a contractor. I earn much more than that. have a professional qualification and 22 years experience. I do spend a lot of time travelling and at clients though.

My accountant is worth every penny as he saves me tax most years.

I think it's clear from this that most people who work from home and earn that amount are professionally qualified. If you were thinking of working from home and selling homemade cards for a living then it's not as likely although I'm sure some people do.

I've always found the more my employer needs me, the more flexibility I have.

Depends as well what type of "working from home" OP is talking about.

Does she mean:

A: being employed by an organisation in a role which means you can work either wholly or partly at home.

B: Working for yourself on a self-employed or freelance basis.

Anyone can do B - it's as simple as telling HMRC you're self-employed and starting to work. Doing A is less likely, unless you've already been working with that employer in an office role and want to swtich into home working, or come across one of the very rare positions advertised as working from home and pulling in that sort of salary.

Although I suppose we'll never know as OP hasn't been back to tell us whether her dreams of retiring to a desert island based on her aloe vera sales are unrealistic.

I do. Or I could if I worked FT. Taken me 25 years to get here and I bloody hate my job some days but I do it solely because of the flexibility it sometimes (not always) gives me. I am technically offices based but can work at home as I wish.

As others have said, you cannot think WFH allows flexible childcare and that you can pop out to do the school run. It very very rarely works like that. You need childcare to cover all the hours you work at least until they are in secondary or walking home alone. Work time is work time.

Yeah I do it. I work from home (mostly.)

I am a model, and earn £5000 per shoot, and I also have a degree in Astro Physics, and work at Cambridge university as a lecturer for £77 an hour. I am a published author too, and have sold 10's of 1000's of books this year alone. Won't give my name as it's obviously identifying.

And then there's art gallery I own; that practically runs itself. Just as well, as I need time to feed the ponies, (and the rest of the animals on my farm,) plus I need time to take care of my patients. (I work part time as a surgeon at the local hospital.)

Dh has a home based job that (salaried) pays 100k. Is that what you mean OP? If so you need to go for specific professions,

😂😂😂

What Roo says ^

My husband works from home too, (can't say what he does as it's identifying,) but he regularly pulls in £700-£800K a year.

It's great, because it means even though I was born working class; I am middle class now. I want him to earn a million next year, so I can be upper class.

I do. I have a degree and 30 years experience. I earned a lot more when I was freelance, but recent clients haven’t liked the home thing and I’ve had to go into London full-time.

Now I’m a full-time only tech person in the company earning more than that, but peanuts compared to what I used to earn. But I get 6 weeks holiday and I’m not commuting for 3 hours a day.

It’s quite lonely too - I talk to another human being from work around once a fortnight, tops.

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

I know someone who earns far far more than this working from home. But it is his own business, now a family business, he works as a financial advisor, has built an office in his garden, and is generating a very large income from a small number of high wealth clients.

I do.
I work part time (seasonal blocks) that averages around 25 hours a week.
BUT
I've been a qualified accountant for over 20 years and have found a very specialist niche.

If I went full time I'd probably make triple what I do
but I like yoga on a weekday morning

My husband is a SAHD and I work in a position that allows me to work from home 4 days/week and only come to the office on Thursdays. I'm not in the UK but my salary is equivalent to earning about 75-80k (though I am in an expensive area -- think not quite London in terms of prices but not too far off, either). On Thursdays I have about a 90 minute commute each way.

I love it! DH keeps tabs on our toddler, makes sure nothing interrupts my meetings and so on, and when I'm having a bit of downtime, I get cuddles and picture books to read to my little boy instead of yet another inane chat with a co-worker.

It has NOT been easy getting here, though. I had to work my butt off in other positions some work-from-home, some not to get here. At this point I have about 10 years of experience in a highly-desirable position and industry, which is not something I could have really predicted would happen.

speakout- could you be a bit more specific about what you make and sell? And where do you sell them? I know lots of people who make and sell 'craft items' and they make peanuts. I'd be intrigued to know what you're selling that's so popular it makes you 50 grand a year.

I do but also professional qualification

I do - a fair bit more and don't need an accountant ( I won tax law prizes!) although I am not saying no one shoud have an accountant. I also pay a lot of tax which indeed high earners do contrary to popular myths.

I write, speak (the speaking is not a home), edit, publish and most of all am a solicitor with own solicitor's firm. I need to use that word as so many people these days instead are "legal consultants" or "law firms" but not solicitors' firms so it gets confusing for clients.

InSpaceNooneCanHearYouScream

It's specialised & unusual, a niche market. I sell online, supply several shops in the UK, USA, Ireland, Canada and Japan.
I do custom orders for special occasions too.

SIL does but she is a solicitor for a large company. She works from home mostly with maybe one day a fortnight in the office. At other times she uses Skype, e-mail etc., to keep in touch.

My husband used to do it for much more, but with a lot of experience and prossional qualifications. Hes changed to somewhere out of the home now and we're all happier!

Thanks speakout but I'm none the wiser

InSpace - someone I know's husband has his own business making stuff from old whisky barrels. He makes really well-crafted, top end stuff. Benches, clocks, shelves, storage units. Selling price is anything from £50 to £500. His earnings are seasonal, but he is so good at what he does and his stuff is so lovely that he always sells everything he makes with no problem. He's probably one of those 50k people.

Not everyone "making stuff" is selling glitter glasses or cards, there are some very skilled silversmiths, glass artists and other craftspeople out there.