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Description

Lizzy and Lissa break down the hidden costs – financial and otherwise – of working remotely. While remote work offers flexibility and the comfort of home, it also comes with unexpected expenses and challenges. Working from home, which took off exponentially during the global pandemic in 2020, can mean increased utility bills, blurred boundaries between work and personal life, and more.

 

Main Topics

00:00 Introduction

01:06 Running the Numbers Segment

03:14 Personal Experiences with Remote Work

13:46 Challenges and Downsides

19:01 Technological and Ergonomic Considerations

23:39 Social and Professional Costs

26:56 Work Life Balance

29:58 Hybrid Work Models

32:35 Work Culture and Team Building

36:41 Geographic Flexibility

46:21 20 Cents Segment

 

References for Statistics

https://www.uscareerinstitute.edu/blog/50-eye-opening-remote-work-statistics-for-2024

https://data.yelp.com/remote-work-report-2024

https://www.bls.gov/opub/ted/2023/37-9-percent-of-advanced-degree-holders-teleworked-in-october-2023.htm

https://www.forbes.com/advisor/business/remote-work-statistics/

Co-Hosts

Lizzy is a strategist, alternative investments expert, and a founding partner of Pursuit Funds. Follow Lizzy: Instagram | TikTok

Lissa is a personal finance expert and content creator. Follow Lissa: YouTube | Instagram |TikTok | LinkedIn

Credits

► Produced by Lizzy Marie and Lissa Lumutenga

► Artwork by Lizzy Marie

► Music by Lissa Lumutenga, Net Net Podcast “Theme Song”

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Disclaimer

This podcast is for educational, informational, and entertainment purposes only, and should not be constituted as financial advice or any other kind of professional advice. Views and opinions are our own, and Net Net Podcast does not serve as a substitute for personalized financial guidance tailored to your specific situation.

Remember to always do YOUR own research, consult a professional as needed, and feel empowered to make your own decisions!