Mika
VIP Contributor
Being self-employed means you work independently without being on a company's payroll. Self employment could involve freelancing(working for individuals and companies without a long term comitment and only on task based jobs) or starting your own business. While self-employment offers benefits, it comes with a lot of risks. One of the major risk is not getting enough job opportunities or not generating enough sales to bring you constant income. Therefore, it is really difficult to achieve financial stability if you are self employed. If you decide on self employment, you need to make careful consideration about the challenges you will be facing as a self employed individual.