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Do you think you can survive a lower income? Maybe you can if you are working from home. According to a study published by the National Bureau of Economic Research, the average worker is willing to give up around 8% of their wages if that means they get to work from home. Remote work is nothing new. This is actually a common practice among small businesses. Thanks to the Internet, people can transact and do business even if they are not in the same room. You can meet, talk, chat or hold a conference even if the people you are communicating with are miles away - or even in a different country. This is great for small businesses because it lowers their overhead costs. It allows them to tap into a workforce willing to take a lower paycheck if that means they can stay at home. Truth be told, this is the perfect working scenario for parents with young children. Instead of just staying at home to take care of the kids, stay-at-home parents have the option to work for a living - even if it means it is only part-time. This is a great way to make ends meet while taking care of other important family matters. In fact, even multinational corporations have come to accept the value of remote work. Not only will it help lower their overhead costs, it also allows them to tap into the talent of those who are forced to stay at home due to personal circumstances (e.g. disability, family responsibilities, etc). It is a win-win situation even if the company asks you to accept a lower income by working from home.