19 - The Gig Economy

With the advent of smartphone technology, how people live, work, and spend money has changed dramatically over the past decade. With the existence of hyper-connection via social networks, there has been an increase in communication, and this has opened new ways to make and spend money. Picking up a gig online (gig: temporary work engagement) can be as easy as making plans for coffee or finding a date. The recently coined “gig economy” is altering the way that people view and perform work, and in this episode of The Money and Business Hour, Roy Matlock Jr. explains how it could affect you.