Remote Work May Offer Financial Benefits

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WAXHAW, NC – Have you been working from home during the COVID-19 pandemic? If so, you might be getting used to it, and even when it’s over, you may have the option of remote work. This can affect your life in many ways – and it could bring some financial advantages, too.

Just consider transportation costs: The average commuter spends $2,000 to $5,000 per year going to and from work, according to government data. If you’re working from home, you could save a lot by keeping your car in the driveway.

And if you drastically reduce your driving, you might qualify for lower insurance rates, too.

Plus, you could save even more by not eating out when you’re working from an office.

What to do with these savings? You could invest some of it in your IRA and your 401(k) or other employer-sponsored retirement plans. And you might also be able to build an emergency fund to help pay for things like a major car repair.

Becoming an at-home worker will no doubt require some adjustments on your part – but, in strictly financial terms, it could lead to some positive results.

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Dylan Hales
I'm a native North Carolinian, who grew up in the eastern part of the state. My folks exhibited and instilled many of the values that I still hold close to today. I had the opportunity to earn a bachelors from NC State, which is where I met my wife. We married shortly after she graduated in 2016. She grew up in this area, so we moved back to the Wesley Chapel area so we could be close to her family. Folks here have been more than welcoming and have made it feel just like home (minus the eastern NC BBQ).

People often ask what I like to do when I'm not at the office. That mostly depends on what time of year it is. During the spring and summer I like to work on my garden. During the fall and winter I love keeping up with NC State football and basketball. We also have two rescue dogs who like to explore the state with us.

Since I've been in Wesley Chapel, I've noticed that most folks just like me. We're all from somewhere and we've all come here following the things we love. I want to understand what those things are for you, and help get you there.