The Analysis of Time Allocation for Work and Personal Life: Case of Self-employed Persons in Lithuania

The main attention is focused on time allocation for work and personal life in this article. The research consists of four parts. The first part of this article analyses the theoretical aspects of time allocation for work and personal life. The second part of the article justi-fies the methodology of the research. In the third part of the article, the time allocation for work and personal life is analysed. Finally, the discussion about time allocation for work and personal life is provided. Having conducted the empirical analysis, the follow-ing conclusions can be drawn. The experts defined the concept of the balance between work and personal life in terms of time: the balance between work and personal life is achieved when a person feels consistency and harmony between work and personal life. In terms of time, sleep, work and personal life must be each given 8 h a day, proportion-ately. However, it has been empirically investigated that the most important area of time allocation for self-employed persons is work. Self-employed persons in Lithuania spent 22.5% of time a day on work, and 77.5% on personal life. Furthermore, in the end of this article, the main conclusions and possible future directions of the research are provided.