The Pros and Cons of Self-Employment vs Traditional Employment

February 20, 2024

Commuting

Working from home eliminates the need for commuting, saving you a significant amount of time. On the other hand, traditional employment may require a commute that can range from a few minutes to over an hour.

 

Childcare

Working from home allows you to be present for your children. However, it can also be a source of distraction and interruption, potentially necessitating the use of childcare services.

Independence and Autonomy

Self-employment offers the freedom to make decisions without anyone overseeing your work. However, this autonomy comes with the responsibility of making the right decisions to ensure profitability.

Working Hours

Self-employment allows you to set your own working hours, but it can often translate into working all hours. Traditional employment dictates your working hours, which may not align with your body clock.

Status

Traditional employment may offer a certain level of status and prestige. In contrast, self-employment may make it challenging to be taken seriously.

 

Boundaries

Traditional employment provides a clear distinction between work and personal time. In self-employment, thes

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