What are the benefits of setting up a wireless home network? Ease of installation tops the benefit list. You can easily set up your own wireless network by following a wirless network diagram readily available on the internet. Next in line is the convenience of being able to use your portable devices from anywhere in your home. Other benefits of having a wireless home network are that you will have the flexibility of shared information and the elimination of floppy disks and unsightly wires and cables. And, best of all, you will be up-to-date in the computer world!