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Commuting costs continue to put strain on office worker finances

Workplace Insight

UK employees are suffering higher cost-of-living expenses, especially due to transportation costs and tensions may rise as many companies enforce return-to-office policies. According to the poll, most hybrid and remote employees highlighted travel costs as the highest overall expenditure they have when attending the workplace.

Finance 59
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It now costs more to commute by train than by car in the UK

Workplace Insight

percent from the beginning of March, Good Travel Management has look into the cost of commuting into the UK’s major cities to find out how much it’s really costing people to get to work. According to the report, on average, it costs Brits £421.42 London workers also pay the most for petrol, costing on average £4.08

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Who’s Stuck With The Bill?

Allwork

The rise in working remotely comes with several costs, which include internet subscriptions, computers and office equipment, home office furniture, security, insurance, and software. There are various models that companies are using to cover these costs of working remotely. What are the costs associated with working remotely?

Expenses 317
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Can I Go into Retirement Early With FIRE?

Success

Do you dream of spontaneously traveling to a new place for a few months? Reaching financial independence and early retirement is usually achieved by people who are willing to go to extreme lengths to cut their expenses. If your yearly expenses are $75,000, multiply that by 25. Another popular idea is the rule of 4%.

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The Biggest Financial Mistakes to Avoid in Your 20s

Success

A turbulent housing market: 2023 was the most expensive home-buying year in a decade. He recommends identifying monthly core expenses and then identifying discretionary spending. “If People working in these professions don’t receive regular paychecks but have to contend with monthly expenses.

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Digital Nomads And Freelancers Need These Strategies To Navigate Tax Season Smoothly

Allwork

It’s crucial for freelancers to closely and continually track their income and expenses, as this determines their net income, on which taxes are due. Calculating Taxes Income taxes for freelancers are not straightforward deductions from a salary, but are calculated based on the profit derived from their business activities.

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Everything You Need to Know About Emergency Funds

Success

If you’ve ever had to pull out a credit card to deal with a dentist or emergency vet bill, you likely know the pain of wondering how you’ll pay for an unexpected expense. An emergency fund is a safety net of money for unexpected expenses. Or maybe you unexpectedly lost your job and finding a new one is taking longer than expected.