You Can Do These 4 Finance Jobs Remotely

Prior to the COVID-19 pandemic, which resulted in many financial workers working remotely, there was an increase in remotely workable jobs. They include both full-time employment positions and independent contractor opportunities. This article lists four of the best jobs in finance that can be done remotely.

1. Expert in financial planning

Professional investment planners and advisors can work remotely if they provide a professional setting for their practices. A client probably expects that a home-based business would have its separate area.  

By working remotely, an expert can significantly cut down on operating and commuting expenses. Those working at home and obtaining a successful financial planning practice will likely earn a salary similar to that earned by their counterparts in traditional offices, but without the high overhead expenses associated with working from an office.

2. Financial careers in corporations

Several remote positions exist, ranging from financial analysts to CPA’s to tax experts and IT specialists. In many cases, this work is performed by freelancers.

Most IT jobs can now be done remotely, so business owners may be hesitant to justify adding additional employees to their office space. Before the Covid pandemic, employees were required to come into the office (or work remotely from home) once or twice a week, as needed, and worked at home the rest of the time.

3. Professional day traders

Stocks that day traders hold for only a short time, from a few minutes to several hours, and they trade frequently. The majority of open trades are closed before the day’s end. The downside of day trading is that you can’t get a guaranteed salary, but those who succeed can reap huge profits.

It takes more than luck to be a successful day trader; a successful trader must have the expertise, advanced tools, adequate capital, and a strong emotional side.

To survive large short-term losses, day traders must have steely nerves, as well as plenty of cash in hand. Those who trade equities tend to specialize, while those who venture into derivatives and foreign currencies tend to speculate. Success at day trading can often lead to substantial wealth, but you may find that your earnings vary greatly from year to year. You should not pursue this career if you need a steady income.

4. Finance Writer

Even though financial writing is not as well known as some other careers, it remains in high demand for those who possess the necessary skills. Economic news, publications, and blogs have seen an explosion within the past two decades, and there is a high demand for educational training in the financial industry.

A job like this can be done from home easily since electronic documents can be delivered quickly. A competent writer rarely lacks work, especially those with the ability to create quality content in a short amount of time.

If you intend to command higher salaries, you may benefit from studying finance, economics, or journalism. A financial industry or financial journalism background is more important. By producing well-researched and financially sound content on financial topics, some writers have become successful.