Nowadays many people choose to be self-employed, rather than to work for a company or organization. Why might this be the case? What could be the disadvantages of being self-employed?

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To have a job at prestigious firms has always been a norm for many decades,
people
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these days,
however
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, prefer to be freelance rather than working in a company or organization.
This
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essay will answer the question of why
people
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choose to be
self-employ
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over working in a firm, and what could be the drawbacks resulted from that trend. To embark on,
people
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nowadays are more educated than it was before; due to the technological advancement,
people
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can learn a lot of things on the internet including financial knowledge. There are numerous studies report that the popularity of content related to finance in the past few years has skyrocketed, which means that
people
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these days have a fair amount of financial knowledge. Without working hard, they use their financial knowledge to invest in the stock market.
In other words
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, they can stay home and still make money.
Hence
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,
instead
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of having to go to the office of nine to five, they now prefer to be
self-employ
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by continuing their investment at home.
Nevertheless
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, investing in the stock market is very risky and insecure. To illustrate, provided that the stock falls, not only the investor does not get the profit, they will
also
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lose their principle.
Moreover
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, when a person is
self-employ
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and gets sick--being unable to work--that means he/she cannot earn any income.
Thus
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, being self-employed is not a financial-secure job. To conclude, many
people
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nowadays choose to be
self-employ
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because they can find an alternative way to earn money without having to work for anyone.
Nonetheless
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, freelance is considered to be a financially insecure job.
In addition
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, it is my view that the trend of
people
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being
self-employ
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will continue surging.
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Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

  • Introduction
  • Body paragraph 1 – advantages
  • Body paragraph 2 – disadvantages
  • Conclusion

Examples to start your body paragraph:

  • The main advantage is...
  • The disadvantage of this...
  • The main benefit...
  • Despite these advantages...
  • One possible drawback...

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Topic Vocabulary:
  • self-employed
  • company
  • organization
  • freedom
  • independence
  • income potential
  • flexibility
  • working hours
  • working location
  • passions
  • interests
  • decision-making
  • business practices
  • disadvantages
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