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What is the Golden handcuffs
Are economically advantageous and if you are tired or too stressed, you may feel uncomfortable. Even work where you stay only the amount of income, psychologists refer to the so-called “golden handcuffs”. Let\’s look at the implications and implications of this trend today.
The term“golden handcuffs”In its title, the situation in which we can find ourselves, thanks to an expensive lifestyle and a higher standard of living, a highly paid position can prevent us from pursuing career growth with something more attractive to us or more profitable in the long term. The reasons can be more diverse. For example, we can postpone its implementation, losing time that we can devote to development due to frequent overtime work or the performance of duties that we do not enjoy.
This vicious cycle is caused by money. Or the feeling of having to tighten our belts. It is often very difficult to get out of a habitual lifestyle, so we suffer from work that does not satisfy us and leads us to a state of melancholy.
Employers are fully aware of this possibility.
Employers like to resort to gilded handcuffs for employees who need to be handcuffed for a long time. These practices offer them with several benefits such as annual compensation, which can prevent us from leaving early for competition and worked a high contribution to pension insurance.
Another chapter covers the situation in which employees voluntarily wear “golden handcuffs”. These are consumer loans that allow us to spend future earnings in advance. Therefore, it is important to carefully consider how this issue will affect us in the future.
Possible Solutions
Often it happens that an entire galaxy of people is not aware of the Golden handcuffs problem. Reducing spending is an insurmountable fear for many. At first glance, this method evokes a decline in living standards. The fear of reduced consumption may not be in place, often it is enough to simplify the lifestyle. Of course, no one opposes material well-being or efforts to improve the quality of life.
The key point is to consider what is more beneficial for our lives. Whether freedom, hobbies, more free time and quality relationships, or comfort. Sometimes it is worthwhile to reflect on our lifestyle and consider which path is more beneficial to us.