Millennial Money: Should you become your own boss?

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If you’ve been thinking about taking the leap and working for yourself, there may be no better time to do it. Business applications were the highest on record in 2020, up 24% from the previous year. You may be considering joining that trend if you don’t want to return to an office or were laid off during the pandemic. Deciding if self-employment is right for you depends on your personality and your financial situation, entrepreneurs say. You can consult government websites and mentorship associations to learn more about working for yourself.

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