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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. As nearly three-quarters (74 percent) of onsite and hybrid workers reported having to travel up to 15.5

Finance 59
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5 Potential Business Expenses

Small Business CEO

If you’re going to start a business this year, you probably have come up with a plan already. However, while you might have thought about expenses such as employee salaries and what it will cost to rent a brick-and-mortar location, you might have forgotten about certain other potential expenditures.

Expenses 105
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How Do You Survive When Your Business Isn’t Profitable at the Start?

Success

But you also need to be prepared for your finances to change dramatically. The good news is that you can make a salary even if your business isn’t profitable. The bad news is that if you don’t have a profitable business to start, you might feel guilty or reckless drawing anything except the smallest salary you can live on.

Budget 279
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What Is My Net Worth?

Success

Many people focus on one or two areas of their finances but don’t stop to look at the big picture and confirm that they’re moving in the right direction overall. You may be spending more than you earn and using credit cards to help you cover expenses. You don’t have any left for emergencies, but you aren’t spending more than you earn.

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5 Long-Term Financial Goals and How to Achieve Them

Success

These goals provide motivation, direction and discipline when managing your finances. Opening a college savings fund for your child when they’re young can help you save for their future college expenses. Building generational wealth for your loved ones helps give them a leg up when you pass away.

Goals 288
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Optimizing the Hybrid Work Landscape for Tasks to Do at Home

Allwork

Office presence should be for a compelling purpose that surpasses the notable expenses, in terms of time, finances, and stress associated with commuting. Office presence should be for a compelling purpose that surpasses the notable expenses, in terms of time, finances, and stress associated with commuting.

Expenses 162
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Lessons From Past Recessions

Success

For anyone who lived through the fear and uncertainty of the 2008 financial crisis, hearing ‘recession’ from news anchors and pundits can bring up anxiety and fear. Instead of watching what the market does daily, spend some time tending to your finances so you know where you stand. Beef up your emergency fund.