Empty Pockets and Self Employed Happiness

The psychological benefits of work are often more important to self-employed people than the financial rewards. This is because they place a higher value on feeling useful and productive. Moreover, they believe that being their own boss gives them more control over their work. This means that they can be more creative and can work more effectively.

Stress

A recent survey suggests that the self-employed are less likely to be happy. However, it does not answer the question of why they feel such disproportionate stress. The cost of health insurance may play a role. Another factor may be that self-employed people do not have the same benefits as employees.

Life satisfaction

The idea that being self-employed and having an empty pocket can boost life satisfaction isn’t new. In fact, it’s been around since the Marshall Plan. The Organization for Economic Cooperation and Development (OECD) has developed an index to measure the overall quality of life. It includes eleven different criteria for measuring life satisfaction. According to the OECD, the U.S. ranks 17th out of 36 countries.

According to a new study, self-employment and happiness increase life satisfaction. This association may be due to the fact that self-employed people tend to have lower levels of education and income, and they’re also more likely to live in areas with high unemployment rates. Additionally, many self-employed individuals to opt into entrepreneurship by accident, rather than voluntarily choosing it. Despite these differences, prior studies have indicated that entrepreneurship is associated with higher life satisfaction.

As life has enough stress, being flexible can help reduce stressors. A new way after COVID-19 has more individuals taking on self-employment. The opportunity can be mental and physically rewarding for your health. It’s important to understand that money can be made, health can’t always wait. Changes can be challenging, with happiness the transition can be favorable. A Dollar to Health & happiness.

Until our beautiful minds meet again, be safe out there. Many blessings and much love. Remember Everyday Minds Matter-Della 💞🦋