18/01/2022
Financial wellbeing: am I better off in work?
Everyone’s situation is unique, and we know there are many reasons why you might be unsure if part-time, full-time or self-employment is the right move for you. Louise Bennett is a Community Skills Adviser, and in this article, she talks about how most people will see all sorts of benefits from being in work, with extra income being the biggest motivator.
To get started, you can always try an independent benefits calculator to find out what the financial impact on your household could be if you start work.
Financial wellbeing
While money can’t buy you happiness, it can certainly help make life a little more bearable. There’s a sense of independence and peace of mind that comes with being able to keep up with your bills, and maybe have a little extra to cover emergencies or treat yourself! It means our basic needs, like food and somewhere to call home, are secure. In turn, this makes us feel more in control of our lives and the more control we feel the more we look for further opportunities to make positive changes.
Better self esteem
For some people, finding a job is just the boost to their confidence that they need. As much as we’re encouraged to find our self-worth within, there’s no denying the feel-good factor that comes from being valued and feeling respected.
Plus, depending on the job, your work can give you a sense of pride and satisfaction through contributing to your community, helping others and doing your best work. All of this builds a growth mindset and puts us in a stronger position to treat any future setbacks as opportunities.
Brighter prospects and new challenges
When you find the right job for you, it can offer you the chance to develop your existing skills and challenge yourself to learn new ones. Plus, you’ll be meeting new people and getting experience under your belt which all helps to strengthen your CV.
When it comes to work, remember your ABCs…
A job
A job you can get and do well. It may be all your need, but if you’re motivated to keep progressing you can look for…
A Better job
The skills and experience you gain from your entry job can lead to step up into a role that could offer more money and responsibility and sets you on your way to finding…
A Career job
The job that you’ve always wanted.
We're here to support you
Our Community Skills team has helped tenants on their way to becoming self-employed driving instructors, retail assistants, midwives and quantity surveyors to name a few!
If you'd like us to help you on your journey to financial wellbeing, get in touch. Let us know where you are on the ABC scale and we'll do all we can to help you meet your goals.
