Gig and Freelance workers account for about 30% of the US workforce and are an integral part of the economy. Covid-19 accelerated the growth of this segment. The flexibility and freedom enjoyed by independent workers offers work-life balance, but can also come with uncertainties. We have compiled the resources and information you need to enjoy freedom and flexibility, while building financial stability too.
- 5 Tips to Achieve Financial Security as a Gig Worker (Video)
Start down the path to financial security as a gig worker with these five tips that fit your independent lifestyle.
Secure Your Benefits as an Independent Worker
Health insurance is available even without a traditional employer. Everyone has access, no matter their employment status. In fact, four out of five Americans can get insurance for less than $10 per month, and having insurance helps you manage spending and prepare for the year ahead.
- Portable Benefits (Video)
We call them “Portable” because they are yours and go with you from job-to-job. - How Gig and Freelance Workers can Claim their Benefits DIY Style
You can secure accessible, affordable benefits coverage. - Six Benefits Independent Workers Need Most
And how to get them! - Annual Open Enrollment for Healthcare Benefits
Know when to sign up! You must register for benefits during open enrollment, usually Nov-Dec each year, or following a qualifying life event.
Tax Tips for Independent Workers
Gig and freelance workers are responsible for documenting information and filing taxes. These resources will help you get the most out of your money and pay only what’s necessary during tax time.
- Track Your Expenses (Video)
Keeping track of what you spend may help you save, especially during tax season. - Lower Your Tax Bill (Video)
You work hard, and deserve a break. This quick overview will set you up to save at tax time. - 5 Tax Terms Every Independent Worker Should Know
From quarterly filing to deductions that reduce your bill, know what these tax terms mean for you. - 5 Tax Deductions You Probably Have
Save on your tax bill or even score a refund with these expenses turned deductions. - Track Your Miles, Expenses and Deductions
Use this expense tracking app to keep records throughout the year.
Reduce Spending and Find Ways to Save
When income fluctuates, it’s difficult to feel financially secure. A financial safety net helps, but creating one takes time. By finding ways to reduce spending, you’ll have more money in cash flow and it might be easier to save.
- Reduce Spending (Video)
Spending less can make a huge difference in your financial situation. - Find Ways to Save (Video)
With spending reduced, you might be able to find ways to save. - Build a Financial Safety Net One Step at a Time
Start small. It adds up. Take strategic control of your savings with these tips to increase your financial safety net. - 8 Cost Cutting Tips for Gig Workers, and Everyone Else
You don’t have to deprive yourself in order to cut costs. You just need to know where to look for savings. - 5 Quick Ways to Start Saving Today
Every little bit counts. Here are five easy ways to start saving today.
