Whether by choice or necessity, side gigs appear to be here to stay.
In aBankrate survey, 45% of respondents said they have a side hustle.
4 Side Gig Trends to Watch This Year
1.
Looking for part-time work that comes with the perks of a full-time gig? Check out theseseven companies that provide health insurance for part-timers.
Forty-one percent of gig workers relied on their side hustle to cover monthly expenses in 2021.
Thats up from 27% in 2020, according toDollar Sprouts 2021 Side Hustle Report.
In the Pew survey, only 31% believed these jobs are a good way to build a career.
Our team has compiled alist of creative waysyou can fatten your bank account this week.
This is a long list, so dont get overwhelmed.
Well keep it updated as offers changes or expire.
If you dont want to rely on a side gig forever, its vital that youmake an exit plan.
That might involve setting some specific personal and financial goals to make the one steady job a reality.
Independent Contractor Debate Continues
In late 2020, California voters passed a measure known asProposition 22.
Rideshare companies in California are still exempt from labor laws and can keep their drivers classified as independent contractors.
The upside to being an independent contractor?
Obviously, the flexibility involved with setting your own hours and the freedom tobe your own boss.
Employers often pay independent contractors better hourly rates a great perk.
The downside of being your own boss?Independent contractor taxes, for starters.
Youll also need to verify you have W-2s from all of your clients.
If it gets complicated enough, you might think about hiring an accountant.
Gig Work Continues Even as the Pandemic Winds Down
The COVID-19 pandemic truly fast-tracked gig work in America.
And consumers have become accustomed to the services many gig workers provide.
The demand for delivery services has soared in the last two years.
In the approaching post-pandemic world, some side gigs are here to stay.
Others, like contact tracing and poll work, are less in demand.
But thoseskill sets are transferable.
Contact tracers could use their skills as a stepping stone to a data entry or analysis position.
Poll workers might think about a role in a local government administrators office.
Other industries, like catering, have completely opened back up.
College students have plenty of options too.
We recently outlined13 online jobs that pay more than $15 per hour.
Robert Bruce is a senior writer for The Penny Hoarder.
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
Ask one of these companies to help…
