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Still Considering Quitting?
Here’s 3 Reasons to Stick it Out at Your Job
Are we still in the “great resignation”? Many people have left their jobs throughout the last three years, some by choice and others by layoffs and company fall-outs from the pandemic. If you’re like me, caught up in a job you hate but making pretty good money, it can be tough to decide whether you want to jump on the quitting bandwagon. Each time I get a paycheck direct deposited into my account I feel a happy sense of relief, knowing I’ll be able to survive, and even thrive, on the money I’m making. But in parallel, every morning I wake up and dread the thought of having to spend the day at work. I dream of side hustle fantasy stories I’ve read on sites like this, and crave the freedom and creative space that comes along with working for yourself. I still haven’t quit though, and I’m not unhappy with that choice. Here’s 3 solid reasons why.
1. Benefits
Most people that have become self-made entrepreneurs have to also provide themselves with self-acquired insurance. This can be expensive, and it’s extremely hard to find an insurance provider that has 5-stars in accessibility, cost, and coverage. While there are a multitude of self-pay insurance companies available, it’s difficult to figure out which one is best, and can be challenging to pay the monthly costs. Even if you can pay the monthly premium, many of these self-pay options require an up front payment at the doctor’s office, or (God forbid) emergency room, and you have to wait for your claim to be processed to get any money back from insurance. The benefits provided of being an employee with certain companies can be difficult to match up to in a freelance lifestyle.
2. Reliability
Freelance and entrepreneur work requires you to budget yourself for months, possibly longer periods, where you may not see the same influx of money you’re used to. This requires a very good budgeting plan, being careful not to spend everything you’ve made on a good month. This unreliable income source can be dangerous, and it is possible that you may end up having to take on a 9–5 to…