Once upon a time, a “gig” was simply a slang term used by musicians to describe their live performances, particularly favoured by smaller, emerging bands. However, the digital era has ushered in the gig economy, referring to short-term contract or freelance work, which motivates individuals to explore beyond their comfort zones.
Do you spend your days moving from one house to another, delivering meals, or perhaps dream of living the influencer life, creating captivating content for social media? Or maybe you specialise in freelance video production, if not aspire to run your own creative projects?
This is what we now call the ‘Gig Economy’.
Concurrently, we’ve seen the rise of the gig economy in Malaysia, with a growing population of full-time gig workers, a trend that shows continuous and steady expansion.
Embracing the role of being your own boss not only gives you the freedom to set your work hours and preferred work style, but also the opportunity to pursue tasks you’re truly passionate about. However, it also means bearing sole responsibility for various aspects, particularly your retirement planning.