Gig work is not just for kids: 32 percent of Gen Xers work independently in some capacity, compared to 18 percent of millennials and 26 percent of baby boomers. (Photo: Shutterstock)
When each new gig assignment brings with it an additional paycheck – and lack of work can wreck one's monthly budget – gig workers can get pretty adept at tracking their finances, according to the T. Rowe Price report, "2018 Financial Attitudes & Behaviors Toward the Gig Economy."
T. Rowe Price surveyed 800 adults, and found that, while gig and traditional workers report similar levels of income, gig workers are more likely to be proactive with their finances than traditional workers. Indeed, 78 percent of gig workers consider themselves more involved in their personal finances as a result of participating in the gig economy.
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Katie Kuehner-Hebert
Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
