Unless you’ve been living under a rock, you probably already know how the money-making world is changing.
If you’re like many of us, and you find yourself asking not-so-subtle questions like “You mean I have to pay my electric bill every month?” Don’t worry, you’re definitely not alone!
Not too long ago, you probably had a typical eight-hour work day with a consistent paycheck.
However, with gig jobs on the rise, the once "standard" work day is not so common anymore, which means you may be joining the growing "gig worker" population.
The U.S. Bureau of Labor Statistics reports that what was once known as “freelancing” – gig work is changing the way the world lives, works, and even plays.
Especially if you’ve been working for yourself, you may scramble to get your bills paid on time due to the inconsistency in pay.
Of course, as a Looker with WeGoLook, you can certainly depend on getting paid on time!
You've got the lifestyle. You've got the extra money. Now, get your finances in order!
Whether your entrance into the gig economy is a personal preference or strictly necessity, you are on your own when it comes to finding and managing multiple jobs. It’s also up to you to keep up with your health insurance and retirement savings plans, and staying on top of your bills…ahhhh so many things!
Depending on the number of gig jobs you have, you may have a constant roller coaster ride of ebbs and flows throughout each month.
So, the question you may be asking is “How do I manage it all?”
That is easy! Achieving success on your own terms is as simple as following a few basic principles.
Don't look now, but you may even get your bills paid before the due date this month!
Planning is Key
When your side hustle changes more often than you have #fourthmeal, planning can be quite the challenge.
The good news is, it can be done! We promise.
First, if you do not already do so, begin budgeting and tracking your expenses.
Keep in mind that being self-employed means that you can take advantage of tax deductions for things like home office expenses, travel expenses, and any other work-related costs.
Tracking your expenses on a regular basis can also help you catch any missing items that could result in money savings down the road.
If you are a gig worker, there's never been a better time to get to know yourself.
For example, if you are a night owl, you have no business scheduling work appointments for 6 a.m.!
That’s just asking for trouble!
Remember the adage: "With great power comes great responsibility."
Although you may have the skills to get the job done, make sure the gig job you choose fits with your personality and lifestyle.
Choosing the right side gig can help make your life easy and fun, even while you’re working.
Especially when managing a variable income, you really want to love your job!
Tuck That Cash Away for a Party Hardy Retirement
Whether you cannot wait to enter your golden years rocking out as a DJ at every major event in town or hope to get some much-needed rest and relaxation, you’ve got to start saving your pennies now.
According to CNN, saving money now is the best way to ensure those last years are the absolute best of your life!
Maybe you’re not ready to think about retirement.
Got kids heading to college? There’s another reason to start a savings plan and make regular contributions every month.
I know. I know. You’re loving the freedom you have in choosing how and when you work. But, don’t forget to take a second, or third, glance at your finances just to make sure you’re ready for whatever life brings!
Maybe you’re officially out of the 9-to-5 rat race, or maybe you just do a couple of gig jobs on your way home from a day job.
Either way, even the financial experts of the world agree that gig workers are among the top individuals who need to take special care to secure their financial future.
New entrepreneurs are revolutionizing the way people work in this new Gig Economy.
With gig work on the rise, your chances of setting yourself up with a great side hustle are better than ever!
Keys to ultimate success as a gig worker: Plan. Save. Get to know yourself!
Oh….and have fun while you’re at it!
Don’t wait any longer! Experience the benefits of becoming a Looker for WeGoLook!