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!