The pros and cons of working at home?
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Why I work from home
I hated having to go to school. I liked meeting friends at college, but hated having to sit in a prison-like ambience with them. I used to rush home everyday, to be in a place where I was monarch of all I surveyed.
Through school and college, I was clear that I would work from home, sweet home, and not go to work as a kind of feudal slave. I wanted to be an artist or a writer or something. I wanted freedom of mind, body and soul.
But my father thought otherwise. He was an engineer who worked in the same company for 33 years, growing from draftsman when he started to manager of a department by retirement. He made me do my diploma in engineering and then got me a job with his ex-boss who was the sole agent for intel products in India then. The enterprising chap also ran a nursery on the side, the plant and flower kind, not one for snotty brats.
Well, he was working from home, having a great time, while I was working in his garage, having a not-so-good time! He took a nap from two to four every afternoon, and I thought that that was the life! Not mine!
After working in another small outfit working as a sales representative of metallurgical equipment, I joined a creative shop, learnt the ropes and quit to become a freelance cartoonist. No looking back since then! This was in 1989.
The Cons
1. You have to do a lot of house work. I gave the baby his baths, and was the officially designated bottom washer.
2. Friends and relatives drop in at busy times.
3. You don't see colleagues or clients much.
4. You are roped in by the neighbours as plumber, electrician and oddjob person.
5. There's the frightful risk that you will take frequent naps.
6. You might not take proper care of your proper appearance as people who go to work do.
7. People will envy you.
Take care to plan for all the above, and you are all right!
The Pros and poetry!
1. No bossy boss, only the spouse.
2. Lots of time for family, especially the kids.
3. Can take a power nap when you want to.
4. Flexible hours. I have more time for work: A chunk early morning, another prelunch, then post lunch, and before bed.
5. Can mix play with work. I take breaks by playing Quake.
6. Can get people to help you with some work.
7. You save a lot of money by not travelling to work. You are also greener, as you did your part in not polluting, and not using fuel.
8. Fewer accidents happen at home.
9. You are around for family emergencies.
10. Your spouse is not jealous of your attractive colleagues.
11. You won't want to retire.
12. You are always around for friends.
Notice how some things are listed in both pros and cons? Ah, that's how a shift in attitude can turn disadvantages into advantages!
The 9 to 5 myth
Going to work started after the industrial revolution, Potters used to sell their own pots; artists used to paint in their studios; Carpenters had their own workshops.
This 9 to 5 business has been deeply embedded into most of our minds. Add to that the backward thinking that home is for women, and you find feminists not wanting to work from home and chauvinist men following suit. Working from home isn't considered proper work. What rot!
This is the ideal way to mix family and work, so you have time for both.
Addition: Patience is the key
One important point I forgot to touch, but better late than when I'm Late Mr!
When I started out, I earned very little and had to go round cold canvassing for work. This applies to almost all bizzes, not just home ones. After 23 years or so, I didn't have to hunt, work came to me automatically, and the quality of orders had also increased.
I'm not a good bizman, I don't go out and ask for work anymore, I don't do political, flowery talks, I don't mix with peple I don't like. In spite of all this, my biz has grown over the years. If you are better at it than me, you will be successful faster! And almost anyone can be better than me!
Money management for our kind
Home biz people have to cut their budget style according to their payment frequency cloth. This is very important, dear bro or sis in the same boat!
If you earn a regular retainership or a consultancy fee, then you can manage your funds like a salaried fellow. If not, if you have irregular income like me, then you have to manage your finances differently.
If you have an irregular income like me,
1. Don'y buy things on instalment. Buy when you have a lot of money.
2. When you get a fat payment, make fat repayments to credit card bills.
3. Save for a rainy day. You must have atleast saved for three months of no work. Six is ideal. When you can, do start investing for a ten year period.
4. Invest in highly liquid products. I put my money in mutual funds which can be broken and entered into after six months, or in good stock.
If you think of anything else, please tell us in the comments section.
- Article on working at home
I am quoted here as saying it's a good thing. For those who don't know, my real name is Ashok Rajagopalan. - Hubs devoted to working from home
There are so many hubs that I provided a search link here. Read, and reap benefits!
My books!
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Great Hub Kenny!
The only advantage of working 9-5 for some employees is that they get better medical insurance and also many companies offer 401k.
Either way I prefer working from home but it is still a dream for me...
You know, I think exactly the same with you, i don't like to work in company, i'd like to work at home, be my own boss.
Compu-smart, wish you every success. That's a good tip I forgot. Yes, I have another comp to shuttle to, so my work's not held up.
Perfumer, yes, we have to ensure we have medical insurance. Please note, friends!
Hanxiansheng, thank you, yes, we can make our own rules!
You are a wise Man...Very likeable...great Hub as most of them are :O) I am interested in your books and art work? Any way to see? I have a bit of artist talents and would love to write a children's book..also have 3 grandson's and a son-in-law with much wonderful art talents...genericly sustained...G-Ma :O)
Oh, G-ma, I blush! Thanks!
I made hubs about my books, please take a look.
Please write the book, and use their talents. When we have some skill to give others pleasure, we should do so.
Kenny! Good list of both pros and cons. I think that if you work from home you have to consider yourself as a small business person and work things out accordingly. Working from home is not for everyone. A good work discipline is the hardest to achive. Either you work too much, too many hours or you become a procrastinator about necessary chores that need to be done i.e. paper work, accounting etc.. My downfall, because I just hate paperwork, I can find a million things to do, like shampooing the car engines is more fun that figuring out how much tax I need to give to the Government.
Great HUB as always regards Zsuzsy
I admit I am a work from home maniac.
I can not understand Why there people who insist they from home in their PJ's.
I get up when the urge is there and the first thing is shave and shower and get dressed in casual working apparael. Mind you at one stage in my illustrious career I would wear ties on Saturdays. Val heard a friend of hers make a remark, that white shirts were back in popularity and Val was heard to say, 'Frank did know they had ever been out of fashion.
Great Hub.
Do some more, you are not working hard enough.
Zsuzsy, of course shampooing the car is more fun than working out tax! Oh how i hate doing that! That's a con; in a regular office we would have more help! I hate paerwork too, apart from writing or drawing, I mean! Thanks for that useful comment.
Frank, great to know your name!
You must be more organized than me:
I work in all kinds of clothes as I don't know when I would suddenly do a spot of work!
Will do some more, thanks!
Kenny, another beautiful Hub!! Thank you for sharing!! I have been self-employed 99% of my life and love it!! Alas, I am one of those unkept work at home-aholics in my sweats (until showering at noon) kind of people!! I am so going to have to take instructions from Mr.Marmalade!! You are a jewel Kenny, a jewel!! Blessings, Earth Angel!!
Thanks for your blessings, Earth Angel, and God bless you! Hee, hee, both of us can join MrMarmalade's class!
(I haven't been called a jewel before, and I'll treasure this for ever, thanks!)
a great hub and one where i can fully understand your pros and cons. i would like to have a steady income working from home but unfortunately am computer illiterate more or less. but still the hub's great. thanks
Sminut, thanks for your comment and appreciation.
Working from home has come to mean working at a comp, but it is not always so. I know friends who do handcrafted cards, screenprinting, or writing, who work from home without using a computer.
I, too, worked for many years on just paper, as I could not afford a comp then.
Please explore other possibilities; you need to use the machine only for email and stuff. Good luck!
Thank you so much for answering my hub. Very good tips and I am looking forward to applying them in my life.
It's a great topic, Morbooze! Thank you for the request. Wish you all the best!
I couldn't agree more. I am working on being able to work at home, and the more I read about people like you who are able to do it, enjoy it and share about it, the more sure I am of my efforts.
Hey Kenny,
I'm with you :) I've been working for a boss my whole life, and then just quit a couple of years ago... It's like quitting smoking - hard at first, but then you feel a joy :D
I love working from home. I am coming to the end of my first year having set up a Company of my own (that would be Sqoo Media of course;) )
It has been hard, and money has been tight at times, but I am beginning to build up a good client base including some household names. I do work 7 days a week, but not really as constant as a regular office worker, I can take my breaks as and when I need!
The main thing I really love about working from home is my daily schedule. I get up at 9am, doing a few hours work in the morning, the client contact stuff. Having the afternoon to myself, which here in the UK means getting some daylight hours outside for leisure, as 9 to 5ers go to work in the dark and come home in the dark. Then working through the evening which is when I work best and is also when there are no clients around to call and disturb me!
Great tips! My main problem is getting insurance on your own versus a company giving it to you for cheaper.
Thanks for the tips! What I like about working from home is that you can mix in all the minor but essential chores, like when you take a break to make some coffee you can unload the dishwasher, whack a load of laundry in etc. then straight back to work! Much better than coming home to it all in one go after you finish your day at the office.
Great hub, Kenny. The only thing better than working at home is not working (at home) -- I'm retired! One big advantage to working at home, I'm sure, is not having to fight traffic every day to get to the workplace, especially if it's far away or in a blustering snowstorm. I worked for a newspaper, and the worse the weather got the more important it was to get to work and get the paper out -- you know, like "the show must go on!"
Peter, your comment has made this hub worthwhile. We can make it work, if we are patient enough. And it boosts our confidence tremendously than a salaried job! Thanks!
Misha, all the best to you! (I have to quit smoking :) Actually, all the best to all of us here!
Squoo Media, you made these important points:1. Breaks when we need them.2. Work times to suit oneself.3. 9 to 5ers go to work in the dark and return in the dark.How true, that's exactly how I feel. Thank you!Whitney, that's right, that's one of our problems. We have to pay more for insurance, and are on our own in getting it properly. Thanks!Caspar, you said something I forgot, thank you. We can take chore breaks and finish busness and domestic work very efficiently. Take note, friends!William, you are retired and you'e writing hubs and are probably in other activities which uplift others and give yourself pleasure. That's how I see myself retired too!Here, at home, our show can go on, without having to brave bad weather, that's great, isn't it?I love all you friends who dropped in and enriched my hub with insightful comments, which will be useful to future readers. I'm immensely grateful, bless you all!
OMG! you are so sweet..what would we do without you here? God Blesses each of us through each other..and I am so glad I have found you in this world...all of you hubbers..Merry Christmas...Happy Holidays...Happy everything...OK ? G-Ma :O) :O)
G-Ma, great t0 have you here again! There's a lot of love going around, isn't there? Happy everything to you, too!
Thank you...We are all together in this world..by hook or crook...G-Ma :O) And I am HOOKED !
lol! I'm so hooked to you, G-Ma!
LoL= little old lady...Lot's of laughs (original i am old) loves a lot...loves a little...which one is this about to me???
I was trying to say as I am told ..not old G-Ma:O)
You are a young G-Ma, G-ma! I meant laugh out loud, not the original meaning! And definitely not lil old lady!
oh dear...you are too sweet and kind Kenny..that's why you have so many fans...and they all are glad to be your fan...I can't wait to see your drawings..in the books I ordered..will let the hub know later..if that is appropriate Kenny..:O)
Thanks, G-Ma, you are generous with your praises. You can never be inappropriate!
Wow, what a great hub! I'm another work from homer ;) Thanks for the breakdown and insight :)
You are a great work from homer, Hope, going by your hubs! And a wonderful name, too, for these times!
Thank you for the visit and comment!
I'm determined to work from home. I want to be a photographer. Go out, do the shoots, but photoshop and work in my own home. People + own home time = my sanity.
But! Until I get the 3,000 for the camera, that dream will have to wait. :)
Great tips, though. Maybe it'll help encourage people to view working from home as an advantage, instead of a disadvantage.
Dear Catawn, thanks for sharing your determination. Your comment is encouraging. Looks like you will somehow work your plan soon. I don't know about these things as much as you, but can't you start with a cheaper digital camera? As there are many sites that buy photos? Forgive me if that seems a childish suggestion, I really don't know much. Do you really need to have 3k?
Really enjoyrd your hub. I have a home based business and found some great tips I can put to use right away. Like you, I much prefer learning new things and doing business from home and having the ability to schedule my own time!
DJ
Yes, I can relate!!! Great hub, Kenny!!!!!
Good for us, Djsartin!
Thanks, Isabella, glad you like it!
Another great hub! I am working on working from home. Hopefully one more year and I'll taste the freedom. My dream has always been to ditch my employee status. Can't imagine anything better than working in my PJ's with a cuppa tea and my dog by my side. Right now I work like crazy from home on my fine art and writing but I'm at the point where I still need the day job to pay the bills. Ah to live the fantasy...you're very lucky!
I love big comments, Rachelle, thanks!
Photography and writing should actually pay off! It took time for me, too, and soon, you will be living out your dream! The dog's probably waiting for a time like that, too!
All the best of luck!
Thanks Kenny! And yes, the dog has her paws crossed in the hope that I'll soon be a stay-at-home Mom...haha.
lol! BTW, I went to your site and looked at your dramatic pictures. After seeing those, I felt ashamed of the poor cousinly treatment I mete out to my skies, and decided to give them a better role in my illustrations! So thank you, Rachelle, for that inspiration!
Although the title implies an impartial comparison between ‘going to work’ and ‘working from home’, the hub is really a paean to freelancing. Kenny and I are long-time buddies - almost 20 years - and have been at different times colleagues and freelance team. I myself have been a freelance for 13 years now, and have liked being one without having ever felt like advocating the practice wholeheartedly to everyone. I believe that the choice is akin to that between getting married or staying single. Whether or not you are married, you have a life and lead it in your own way. Likewise, whether you go to work or work from home, you work and work in your own style. The freelancers, especially the successful ones, may perhaps enthusiastically encourage others to take to working from home. But then, would the married with as much enthusiasm recommend matrimony to the single? I guess not.I know Kenny well enough to know that he loves working from home – a state that is an inescapable corollary of his loving being at home – and I have seen him being happy, nay, beatific about being a freelance. And, I have a feeling that his hub is an attempt, more than anything else, to share his joy of being a freelance and pointing to it as a means to happiness. Not paradoxically, being surrounded by familiar people and familiar noises is to him part of being at work, the one inseparable from the other. Equally important, Kenny is not after money. He needs it like anybody else, but does not lust after the said commodity. Just look at the cons list and see if there is anything related to money! (Well, I am sure Kenny (Ashok) would not mind my flaunting the benefits of his friendship, but I thought it would gladden the hearts of fellow-hubbers to know more of a corker of a hubber.)
Aw, thanks, Vaidy for an essay of a comment: you praised me and criticised my hub; I don't know how to react. But I won't argue; will only admit that I didn't know I was partial to the pros of working from home. Did it show that much?
I am happily married and happily working from home: I advocate both to all! So I guess it showed!
But there goes my secrets! Everybody now knows everything about me!
Do drop in now and then and comment like this!
Hi Kenny; Great article! I'm just starting to "officially" work from home, after getting a master's degree in English and guess what? If I don't want to teach there is not a whole lot out there that is not from home! So, wish me luck! :) Your article is very helpful, especially in that it makes us all feel not alone! One additional con I don't think you mentioned is that if you work from home many people will assume that you're not actually doing anything at all and will feel free to ask you to do things for them because "you're just home," or they'll assume you are being lazy, i.e. "Gee, I wish I could just 'work' at home too!" What-ever! (PS Thanks for commenting on my weaning article, you're right, not many men there.....but it clued me in to you and now I'm checking out your stuff so, bonus for both of us, eh?) Cheers, HippieMama
Yes, HippieMama, bonus for both! Thank you!
Wish you lots of luck in your chosen path!
Stick on, and you will be glad you did.
Yes, we are not alone, and there are more of us now!
I mentioned the con you said I didn't partly.
Points 3 and 5.
Yes, people will assume we are jobless bums!
They are also jealous, like you said, LOL.
CHEERS & LUCK!
Absolutely love your pros/cons list--it had me laughing the whole time. Should get used to it though since I'm attempting to work from home myself:)
Hi Kenny
I love this Hub.
I want to you to know that I work for a Great Company, an International Company.
One of the most perfect things about my company is that they have made an addition to the company, "Home Agents". This has been in effect for just about 2 years now and it works perfectly for folks who live in rural areas. So many of our agents have brought such Great Success to our company because of their "Awesome Customer Service: and all around "Great Attitude". I find it a Joy to watch how many have Grown and continue to Grow. The Sky is The Limit here and Life Is Good!
Have a Dynamic Day!
Thanks for laughing, Luvnlyf. Wish you all success! One day, the world will work from home, hehe! :)
Hi, Yippity! Delighted that your company also has a 'Great Attitude' towards their people working from home. One day, I'll also work from a rural area like you, and have the best of two worlds! "The sky is the limit," is the best thing anyone can say about our kind of work!
Thanks for the POSITIVE comment!
I work in a 9-5 job Kenny :-) But owning the business helps (hehe) like now, I'm at home doing research in my jammies. Thanks for the insights...hmmm, maybe when the school is more stable, I might consider working at home.
Only if it suits you, Ripple. My father worked in a 9-5 job for 33 years and liked it.
Thank you for a visit to an old hub. :)
Hi Kenny,
I have almost always worked from home, since I quit my first job to become a freelance marketing consultant, almost 20 years ago (am I really that old? what happened?)
Your advice about money is particularly pertinent - I have seen many business owners get into trouble because they don't have a buffer of personal cash separate from their business.
Hi Inspire and welcome! I am that old, too. :)
Re: Money
I got into trouble and learnt to manage only recently.
(See your hubscore's gone up. Hang on, I'll go and do my bit.)
another great hub, very practical advice.
And another great avatar of yours, Iðunn.
aw, thx. the red hair one didn't crop well. I tried to resize and still didn't like it. I think I should probably go back to the socks. :p
Head or heels, you will look good, hehe!
I felt better head over heelz in love. Bah, he took that away and ruined my socks pic by getting them mixed up with his sky too. :mad:
Hmmm. Let's hope you will find it again. I was mad once, too!
tony gloeggler says it's almost always better to be mad than sad. he is a very profound man. :)
Yes, better mad than sad. Like the Greeks thought mad people were divine or something.
The world is stupid.
People can weep by themselves, but not laugh.
If I even grin, without company, I'm considered mad!
And I do that a lot!
I like mad too, so nothing wrong with that. yeah, it's the world that is stupid. not us. :)
Madness and magic; let's be drunk on that!
at least it cuts out the hangovers, if not the heartache. :p
Hi Kenny,
Thanks for your great comment of about 5 weeks ago. I only just read it. Sometimes I'm a little S L O W. Yes, I live for dramatic skies! Glad I could convert another to my cause...hahaha
BTW making progress in the working from home bit. Now I'm working for friends from what is technically their home..feels much less like a real job and more like fun! They own a photography school so I'm surrounded by creativity.....YAY.
More than that, Iðunn, hopefully.
Hi Rachelle! Am available 24/7 for such conversion, hehe.
Working from other people's homes? LOL Good for you!
Hi Kenny, This is a great hub! My dream, too, is to work from home. I'm at my best in the evenings and I'd like to take advantage of that. Not only that I like the idea of being my own boss.
It sounds like you have a great life. How couldn't you when you can nap when you need to. But then again, the commute must be hell. ;-)
I see that you are a novelist; that's the best work at home job! My first book has been published, and am at work trying to get some more into print this year.
Commuting is hell, but I love my co-passengers. :)
All the best to you, Hovalis!
I love working from home, the biggest problem is the phone. Everyone thinks, no matter how many times I tell them, I am free to chat. They really don't take it seriously. So now I just don't answer it during work hours.
Hi Kenny,
Great Hub! You made me laugh - I am the official bottom washer in this house, but I would rather that than a bottom kisser at an office somewhere. :)
Hi Singing Lessons and welcome! I had that problem, but now it's 'if you can't beat 'em, join 'em' for me. I work alone, and I realised that I miss out on all social interactions because I work almost all the time. So I answer all calls and meet all droppers-in. I have managed to blend work and friends a little smoothly now.
Hi Amy, thank you for a complimentary, complementary comment.
Wish I had said that! :)
Great article, Kenny. What I miss about working from home, is also the company of colleagues, gossiping and dressing up nice to go to the office. Still, I wouldn't exchange it for the pleasures and joy with working from home. Evelyn
There's that, of course, Evelyn. I wouldn't do that exchange, too!
Thank you.
Kenny, we're on the same boat! I hate riding a bus to go to work everyday. I hate leaving my home sweet home, so I persevered hard to build a home-based career. And I'm mighty glad I ended up here in the HubPages. Thanks for the entertaining hub.
Delighted to meet a fellow sailor; mean the same boat thing.
I used to spend two hours to and two hours fro in buses then. This is the life!
HI KENNY, WOW WOW ! NOTHING LIKE BEING YOUR OWN BOSS .
Absolutely, Star! And thank you. :)
I disagree with a few of your cons. I can understand perhaps your spouse looking at you as having more free time because you work from home and therefore being more available for tasks around the house. However, if you take the time to educate your family on what it is that you're doing from home, you can eliminate some of the perception that you have tons of free time.
Likewise with friends, other family members and neighbors, I don't advertise that I'm available any time because I'm really not. I have set business hours for myself, and make sure that those in my life are aware of those hours. You have to be careful not to fall into the trap of making leisurely phone calls, chatting online or playing with the4 dog outside during those business hours so that others won't assume you have time to spare. I treat my business hours as if I'm working at a job. I block out my time, even time for lunch and/or breaks, and I don't do anything that I wouldn't be able to do at work during my work time. This helps my spouse to take what I do more seriously and helps me to stay focused.
I feel like another's perception of your time is based on what you allow them to believe. If they assume you're free to do something and you don't bother to correct them or educate them on your business hours and what you do, they'll keep right on assuming that you're available whenever. Same goes for your spouse. Let your spouse in on what you do, and then make an effort to show that what you do is as important as a job. My fiance doesn't bother me when I'm working because we frequently talk about what I do, current clients or projects etc. If working from home is important to you (and not just a hobby to pass the time), then show this in your actions. Others will eventually follow suit. But I wouldn't consider those misunderstandings of your time as cons because you have control over them.
Thank you for that long comment. They are cons for me becuase I let them be that way. That's something to do with the way I am. I have no specific time for work or play; that does not appeal to me. I work whenever I want and take breaks whenever. Only the deadlines are important to me; not the schedule. So I let them 'disturb' me. Those breaks give my eyes rest and my brain some fresh air. :)
Kenny, liked reading your post on working from home. Due to certain circumstances I was not able to continue my outbound professional life. Lately , 6 months back I started working online from home as a freelancer and I am having a wonderful time. Initially it was difficult adjusting to , having noone in real to be in touch with.
But, Thanks primarily to my employer who constantly makes an endeavour to be connected so it's great now. If you have a penchant for strategic games , try visiting Realm of Empires.
Coming back to the topic of "Working from Home " . Yes, people do take you for granted but one has to make it clear to neighbours, friends and relatives that your working from home is no different from anyone else who is going out to work.
I am lucky, my family understands this and I am enjoying the making of Realm of Empires a Multimedia online strstegic Role playing Game.
My thoughts, almost! Thank you, Saira, and wish you fun and success doing what you love!
Great hub. It's a great motivator to work harder when you're working for yourself.
Thank you, nicomp. I agree that it motivates, but people who work for others could also be motivated as much.
I am so excited that your comments stopped some two years ago.I have this crazy thing where I have to read everyones comments on their hub to get a feel for what I just read.I like to see what other peoples opinions are even though I have strong beliefs in my own.When I first seen comments of three years ago on this hub I thought do I want to read this hub or should I pick another.Then my answer came right back as if I hit the cash register draw cha ching.I certainly do want to hear the pros and cons of working from home.Then as I read more and more comments the fire started burning.Then when I finished the the first years of comments I almost fell off my seat when I seen two years ago.Yes I made it through the year.Now I can't stop I only have two years to go.Then when the next year went fast I said wow that is strange why are there not more comments from this year.Any way I can go on and on with all my thoughts but I am here and I don't work from home as of yet.At least physically.Every day my mind is elsewhere thinking how can I make a home based business a reality.So I loved your hub and I loved your comments.I have worked the first half of my life for someone now I would like to work the rest of my life for me.We shall see. All my doors and windows are open to let any opportunity slip in.Thanx for great hubs and keeping it real.Have a great day.The time you get to see this it might be a year later with all your hubs and comments.But I will be waiting and thinking and praying.Life is grand and no matter what I do I am going to do it the best I can.I am sorry for the long comment but I had plenty of time to think and get all my ducks lined up.By the way thanks for finding me and I really appreciate the wonderful comment.Fantastic job working from home and making working at home a true pleasure.
Dear Dream On,
Why apologize for adding value to my hub? I should thank you instead.
Please add a deadline to your dream and then it will become a plan, and a reality soon. Here's wishing you lots of luck too! :)
Best,
Kenny
After many many years working crazy hours as a journalist I decided to opt out of the mainstream and work from home - at my pace. I'm hugely enjoying the naps! :)
Great to hear that, FP! Cheers! :)
compu-smart 4 years ago
Great tips Kenny.
Due to personal injury i have no choice but to work from home and try and make a decent living and by the looks of the pros above they certainly outweigh the cons.
The only advice i would add is to make sure you have another PC if one can afford this, just in case all goes horribly wrong as i have experienced!! No PC no work!!
I obtained my extra PC free from a website called Gumtree. They are worldwide but don't cover the whole of the world!! You can get anything from PCs to pianos to washing machines etc etc..
PS. Wishing you every success in working from home:)