Effective Financial Planning for Freelancers in the Gig Economy
Understanding the Gig Economy The gig economy represents a transformative shift in the nature of work, characterized by short-term contracts and freelance jobs instead of permanent positions. This shift has been propelled by advancements in technology and changing societal norms, allowing individuals to pursue flexible work arrangements. In the gig economy, workers engage in project-based tasks, often facilitated by online platforms that connect them with clients in diverse sectors such as technology, creative arts, and services. One of the primary characteristics of gig work is its inherent flexibility. Freelancers can choose when, where, and how much they work, which provides…
