Using a cloud VM for personal purposes: thoughts?

I am a student and I own a laptop which suffices for almost all of my needs, except that occasionally I need to perform some batch jobs (e.g. video processing). I was wondering if it would be a good idea to outsource such computationally intensive jobs to a cloud VM, and to use it as a kind of second (but much more powerful) PC which I only pay for when I use.

I would appreciate any thoughts, advice and pointers on this!

PS I am comfortable with Linux (I use Arch bdw) and commandline. My data needs are well below 25 GB so hopefully I won't have to pay much monthly to store things on the cloud.

submitted by /u/vittyvirus
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