1 00:00:00,160 --> 00:00:02,760 Speaker 1: Welcome to How the Money. I'm Joel and I in that. 2 00:00:03,160 --> 00:00:26,680 Speaker 1: Today we're discussing the insidious nature of gig work. Insidious. 3 00:00:26,840 --> 00:00:28,960 Speaker 1: That's just a fun word to say, Joel. I almost 4 00:00:28,960 --> 00:00:31,320 Speaker 1: said it three times in a row, just for additive. 5 00:00:31,400 --> 00:00:33,280 Speaker 1: You know what happens when you say insidious three times 6 00:00:33,280 --> 00:00:34,879 Speaker 1: in a row with the lights off with your hand 7 00:00:34,920 --> 00:00:37,360 Speaker 1: on the mirror, right? Did you ever do that as 8 00:00:37,400 --> 00:00:40,720 Speaker 1: a kid? What is it? Bloody Mary with a baby thing? Oh? Yeah, no, 9 00:00:40,800 --> 00:00:43,880 Speaker 1: remember that. I remember that hearing that's too scared as 10 00:00:43,880 --> 00:00:46,480 Speaker 1: a kindergartener and being freaked out that people would even 11 00:00:46,680 --> 00:00:48,680 Speaker 1: like we're even talking about that, But that was that 12 00:00:48,800 --> 00:00:51,879 Speaker 1: was something that like, oh, I don't want to hear that, 13 00:00:51,880 --> 00:00:55,200 Speaker 1: this too scary. But yeah, man, we feel that there 14 00:00:55,280 --> 00:00:58,480 Speaker 1: is an insidious nature to gig work, the gig economy. 15 00:00:58,480 --> 00:01:00,560 Speaker 1: It's more popular than ever, but there's kind of like 16 00:01:00,560 --> 00:01:03,480 Speaker 1: this messed up, kind of dark underbelly to the different 17 00:01:03,520 --> 00:01:06,080 Speaker 1: gig jobs out there. We're gonna talk about those because 18 00:01:06,080 --> 00:01:08,480 Speaker 1: those are the things that these different platforms, all the 19 00:01:08,480 --> 00:01:11,520 Speaker 1: shiny apps. You know, you see their website and their 20 00:01:11,520 --> 00:01:13,840 Speaker 1: app on your phone. It looks so clean and polished, 21 00:01:14,040 --> 00:01:16,000 Speaker 1: all the pictures of the people having fun doing the 22 00:01:16,040 --> 00:01:18,760 Speaker 1: gig jobs. Yeah, but the actual work it's a lot 23 00:01:18,880 --> 00:01:21,440 Speaker 1: different than maybe how they portray it. The sun is 24 00:01:21,480 --> 00:01:24,400 Speaker 1: not always shining like it is, right, But we will 25 00:01:24,400 --> 00:01:27,920 Speaker 1: give the positives of gig work too. It's not it's 26 00:01:27,920 --> 00:01:29,920 Speaker 1: not all bad, but we get not all doom and 27 00:01:29,959 --> 00:01:33,080 Speaker 1: gloom in this episode. But before we get to that, Matt, 28 00:01:33,120 --> 00:01:35,280 Speaker 1: I just wanted to quickly give people an update. I 29 00:01:35,280 --> 00:01:38,039 Speaker 1: didn't realize. I was just thinking today as I rode 30 00:01:38,040 --> 00:01:40,920 Speaker 1: my bike to the dentist before we begin this recording, 31 00:01:41,200 --> 00:01:44,559 Speaker 1: I was like, it's been ten months since we sold 32 00:01:44,880 --> 00:01:46,920 Speaker 1: our Nissan Leaf and went down to having one car, 33 00:01:47,319 --> 00:01:48,760 Speaker 1: and I just kind of wanted to give a quick 34 00:01:48,880 --> 00:01:51,840 Speaker 1: update to our listeners because we haven't. I haven't really 35 00:01:51,840 --> 00:01:53,840 Speaker 1: talked about it all that much. It's true, Yeah you haven't, 36 00:01:53,960 --> 00:01:56,640 Speaker 1: and I'll be honest with you, it surprises me that 37 00:01:56,760 --> 00:01:58,600 Speaker 1: you've it's only been ten months, Like in my mind, 38 00:01:58,600 --> 00:02:00,560 Speaker 1: I feel like you've always just had one car, Like 39 00:02:00,600 --> 00:02:02,400 Speaker 1: you've joined the one car families out there, like us, 40 00:02:02,440 --> 00:02:04,960 Speaker 1: the all mixes, and I almost barely remember a time 41 00:02:05,240 --> 00:02:08,280 Speaker 1: when you were like everybody else out there. I will 42 00:02:08,280 --> 00:02:10,040 Speaker 1: say not everybody but I'm pretty sure the plural of 43 00:02:10,080 --> 00:02:13,320 Speaker 1: your name is all mice. No. Yeah, he's just at 44 00:02:13,320 --> 00:02:15,639 Speaker 1: the y s Okay. So yeah, So I just want 45 00:02:15,639 --> 00:02:18,560 Speaker 1: to let people know. One, I think that not having 46 00:02:18,639 --> 00:02:20,440 Speaker 1: a car for our family financially has been a really 47 00:02:20,480 --> 00:02:23,000 Speaker 1: good thing, having just one car as opposed to there 48 00:02:23,080 --> 00:02:26,280 Speaker 1: was even so in the state of Georgia in in 49 00:02:26,440 --> 00:02:28,560 Speaker 1: January after we sold it, we would have had to 50 00:02:28,600 --> 00:02:32,160 Speaker 1: pay a three hundred dollar tax for owning that car 51 00:02:32,680 --> 00:02:35,960 Speaker 1: was a separate eavy exactly basically because I don't pay 52 00:02:36,000 --> 00:02:39,200 Speaker 1: for gas and I don't pay gas tax to help 53 00:02:39,240 --> 00:02:41,600 Speaker 1: fund the roads, then I would I would have to 54 00:02:41,639 --> 00:02:44,320 Speaker 1: pay three directly to the states in order to kind 55 00:02:44,320 --> 00:02:46,079 Speaker 1: of pay my fair share, which I get. But I 56 00:02:46,160 --> 00:02:47,440 Speaker 1: got to take care of the roads I was able 57 00:02:47,480 --> 00:02:49,440 Speaker 1: to skip out on that I was able to. You know, 58 00:02:49,480 --> 00:02:52,880 Speaker 1: I'm able to pay less in insurance costs on the RAG, 59 00:02:53,120 --> 00:02:55,480 Speaker 1: which has been great. It's definitely lowered my insurance costs 60 00:02:55,520 --> 00:02:58,160 Speaker 1: having only one car instead of two. And you know, 61 00:02:58,280 --> 00:03:00,840 Speaker 1: the maintenance factor wasn't that pick of a deal. Having 62 00:03:00,880 --> 00:03:03,600 Speaker 1: an EV It's it's pretty cheap to run and maintain. 63 00:03:04,080 --> 00:03:06,720 Speaker 1: But until that battery doesn't hold a charge anymore like 64 00:03:06,760 --> 00:03:10,040 Speaker 1: my phone, right, yeah, yeah, well, and also in some ways, actually, uh, 65 00:03:10,240 --> 00:03:12,359 Speaker 1: you know, our gas bill has gone up because we're 66 00:03:12,440 --> 00:03:14,800 Speaker 1: only driving the gas Barer card when we might have 67 00:03:14,840 --> 00:03:16,840 Speaker 1: driven the EV. But for the most part, it has 68 00:03:16,840 --> 00:03:18,720 Speaker 1: been really, really good. And I'm trying to think of 69 00:03:18,760 --> 00:03:22,959 Speaker 1: like times where we felt stranded with only having one car, 70 00:03:23,520 --> 00:03:25,760 Speaker 1: and it may have just been once or twice, like 71 00:03:25,800 --> 00:03:28,120 Speaker 1: it's not been a big deal. And and in that case, 72 00:03:28,360 --> 00:03:30,160 Speaker 1: I just used ride chair and I did complain I 73 00:03:30,200 --> 00:03:31,720 Speaker 1: think on Twitter, I don't know, a few months ago 74 00:03:31,800 --> 00:03:34,800 Speaker 1: about just an awful experience with ride chair where it 75 00:03:34,840 --> 00:03:36,360 Speaker 1: took over an hour to get a ride, and so 76 00:03:36,400 --> 00:03:39,120 Speaker 1: in that situation, I was really frustrated. I was like, man, 77 00:03:39,160 --> 00:03:41,800 Speaker 1: I wish I had one car here. But for the 78 00:03:41,880 --> 00:03:44,080 Speaker 1: most part that is so rare, and and I'm able 79 00:03:44,080 --> 00:03:47,320 Speaker 1: to ride my bike most places because where we live 80 00:03:47,440 --> 00:03:51,120 Speaker 1: is so biker walker friendly. Um, I can get everywhere 81 00:03:51,200 --> 00:03:53,920 Speaker 1: needs to go on my bike. And so you've been 82 00:03:53,960 --> 00:03:56,400 Speaker 1: really intentional about making sure that you live within a 83 00:03:56,440 --> 00:03:59,640 Speaker 1: certain number of miles from your house, right. We obviously 84 00:03:59,640 --> 00:04:01,640 Speaker 1: know that for some of our listeners where they live, 85 00:04:01,880 --> 00:04:05,360 Speaker 1: it's more difficult where we live. We've done it on purpose, 86 00:04:05,360 --> 00:04:07,360 Speaker 1: but it is it is a little bit easier to 87 00:04:07,360 --> 00:04:10,040 Speaker 1: make that switch. And so yeah, I just wanted to say, hey, 88 00:04:10,080 --> 00:04:12,360 Speaker 1: ten months in, it's really not that big of a deal. 89 00:04:12,400 --> 00:04:14,760 Speaker 1: I'm still so glad we did it. Will we ever 90 00:04:14,800 --> 00:04:16,560 Speaker 1: go back to having two cars? I don't know, to 91 00:04:16,640 --> 00:04:19,520 Speaker 1: keep it up? Yeah, but for the time now, time being, 92 00:04:19,720 --> 00:04:21,800 Speaker 1: we don't have any plan to change change things up. 93 00:04:21,839 --> 00:04:24,919 Speaker 1: And you know, my wife actually started grad school and 94 00:04:24,920 --> 00:04:27,760 Speaker 1: she has been driving actually more because of that. And 95 00:04:27,839 --> 00:04:30,240 Speaker 1: I've had been forced to not have a car even 96 00:04:30,279 --> 00:04:33,120 Speaker 1: more than I otherwise thought when we sold the e V. 97 00:04:33,360 --> 00:04:35,520 Speaker 1: But so you're still be good good. Yeah, So you're 98 00:04:35,560 --> 00:04:37,720 Speaker 1: kind of at like the peak of inconvenience right now, 99 00:04:38,000 --> 00:04:39,440 Speaker 1: you know where you might might get strained. So how 100 00:04:39,440 --> 00:04:41,640 Speaker 1: many times have you actually like paid for a ride 101 00:04:41,640 --> 00:04:43,520 Speaker 1: if it was like pouring down raining or something like 102 00:04:43,640 --> 00:04:46,960 Speaker 1: I'm so cheap, Matt, Like, I I budgeted for it, 103 00:04:47,000 --> 00:04:49,000 Speaker 1: but my goal is to not use any of that money. 104 00:04:49,240 --> 00:04:52,320 Speaker 1: So but can count on like hand on one hand, Okay, 105 00:04:52,520 --> 00:04:54,760 Speaker 1: there's times that you failed her, right, exactly? Awesome, Yeah, 106 00:04:54,760 --> 00:04:56,200 Speaker 1: And well there was one time I think when it 107 00:04:56,240 --> 00:04:57,719 Speaker 1: was raining and I was supposed to take my daughter 108 00:04:57,760 --> 00:04:59,400 Speaker 1: to school. I think that's that's the one. I remember 109 00:04:59,440 --> 00:05:01,080 Speaker 1: your wife and pick me up. So I didn't pay 110 00:05:01,120 --> 00:05:04,160 Speaker 1: for right well, because the lift canceled on me and 111 00:05:04,200 --> 00:05:06,360 Speaker 1: I was like, dang it. Okay, So obviously having some 112 00:05:06,760 --> 00:05:10,080 Speaker 1: ride share mishaps, you can't necessarily count on it like 113 00:05:10,120 --> 00:05:12,320 Speaker 1: I like I thought you could. But even still, I 114 00:05:12,320 --> 00:05:16,159 Speaker 1: would say it's been overly a massively positive move totally. 115 00:05:16,200 --> 00:05:17,960 Speaker 1: And then let's write and we'll actually talk more about 116 00:05:18,040 --> 00:05:19,960 Speaker 1: rides share later this episode, but let's go ahead and 117 00:05:20,000 --> 00:05:21,960 Speaker 1: introduce our beer for this episode, and you and I 118 00:05:22,040 --> 00:05:25,280 Speaker 1: are sharing a fluff oh sand Oh, it's got a 119 00:05:25,320 --> 00:05:27,960 Speaker 1: picture of a marshmallow sand which they're they're on the 120 00:05:28,000 --> 00:05:30,599 Speaker 1: front of it. But this is by Pipe Works, and 121 00:05:30,600 --> 00:05:32,120 Speaker 1: we will share our thoughts on the spirit at the 122 00:05:32,200 --> 00:05:34,000 Speaker 1: end of the episode. Sounds good, looking forward to it. 123 00:05:34,200 --> 00:05:35,880 Speaker 1: But for now, let's get onto the subject at hand. 124 00:05:35,880 --> 00:05:39,040 Speaker 1: We're talking about the insidious nature of gig work, and Matt, 125 00:05:39,120 --> 00:05:42,400 Speaker 1: I don't know how you feel about commercials for prescription medications. 126 00:05:42,400 --> 00:05:45,120 Speaker 1: Oh my gosh, they're so weird. They're pretty annoying, I 127 00:05:45,120 --> 00:05:47,919 Speaker 1: would say that, and they're actually illegal in most countries. 128 00:05:47,960 --> 00:05:49,920 Speaker 1: I believe it's just the United States and New Zealand 129 00:05:50,360 --> 00:05:55,080 Speaker 1: that allowed direct advertising from the pharmaceutical companies to us 130 00:05:55,160 --> 00:05:57,360 Speaker 1: as individuals. And it's kind of one of those things. 131 00:05:57,400 --> 00:05:59,760 Speaker 1: It's like, well, you know, I understand why it's banned 132 00:05:59,800 --> 00:06:01,960 Speaker 1: it's many other places, partly because of the annoyance, but 133 00:06:01,960 --> 00:06:04,640 Speaker 1: partly because because it's like, should I actually be going 134 00:06:04,640 --> 00:06:07,320 Speaker 1: to my doctor and telling them what prescription drug that 135 00:06:07,360 --> 00:06:09,960 Speaker 1: I want? Should shouldn't they know and be prescribing something 136 00:06:09,960 --> 00:06:12,719 Speaker 1: based on their own their own knowledge? Why am I 137 00:06:12,760 --> 00:06:14,960 Speaker 1: the one who's prescribing what drug I should do? Yeah, Yes, 138 00:06:15,000 --> 00:06:16,320 Speaker 1: it feels a little backward. No doc, I think I'm 139 00:06:16,320 --> 00:06:18,919 Speaker 1: gonna make my own diagnosis here. Yeah. But yeah, on 140 00:06:18,960 --> 00:06:22,000 Speaker 1: those commercials there, so there's always people doing happy, fun 141 00:06:22,080 --> 00:06:24,760 Speaker 1: things and taking a vacation with their family, or throwing 142 00:06:24,760 --> 00:06:26,760 Speaker 1: a tennis ball to their dog, taking a hike through 143 00:06:26,760 --> 00:06:31,719 Speaker 1: the woodskids exactly. Yeah, and it's like, oh man, these 144 00:06:31,839 --> 00:06:35,040 Speaker 1: these drugs obviously just make you incredibly happy, like this 145 00:06:35,120 --> 00:06:37,120 Speaker 1: must be a good thing because people have smiles on 146 00:06:37,160 --> 00:06:39,640 Speaker 1: their faces, and so, yeah, I think the pharma companies 147 00:06:39,640 --> 00:06:42,240 Speaker 1: are trying to sell you hard on the fix that 148 00:06:42,279 --> 00:06:44,760 Speaker 1: their medication is supposed to be bringing. But at the 149 00:06:44,800 --> 00:06:47,080 Speaker 1: end of the commercials there's always this disclaimer. There's like 150 00:06:47,120 --> 00:06:50,159 Speaker 1: a long list of side effects, and sometimes it's long, 151 00:06:50,520 --> 00:06:53,040 Speaker 1: and uh yeah, some are more serious. I feel like, 152 00:06:53,080 --> 00:06:55,320 Speaker 1: then the disease that you're caring if you want to 153 00:06:55,320 --> 00:06:58,039 Speaker 1: carry your restless leg syndrome, which you know, I'm sure 154 00:06:58,160 --> 00:07:00,359 Speaker 1: is an annoyance, it's a frustration, it's thing that you 155 00:07:00,440 --> 00:07:02,479 Speaker 1: want to have taken care of. It turns out that 156 00:07:02,520 --> 00:07:06,680 Speaker 1: the cure, the most commonly prescribed medication, could have a 157 00:07:06,680 --> 00:07:09,800 Speaker 1: side effect that would lead you to becoming a compulsive gambler, 158 00:07:12,400 --> 00:07:14,720 Speaker 1: which amongst other things. But I was like, okay, that's 159 00:07:14,720 --> 00:07:16,920 Speaker 1: a weird one. And also intuitively that doesn't make any sense. 160 00:07:16,960 --> 00:07:19,120 Speaker 1: Because here's something that's going to calm down your leg 161 00:07:19,160 --> 00:07:21,880 Speaker 1: and cause your leg from doing impulsive things. I would 162 00:07:21,920 --> 00:07:23,760 Speaker 1: think that that would also cause you to do less 163 00:07:23,760 --> 00:07:25,680 Speaker 1: and pulsive things overall. You know, like what if other 164 00:07:25,760 --> 00:07:27,920 Speaker 1: drill turns out Now yeah, it's like, hey, you got 165 00:07:28,000 --> 00:07:30,400 Speaker 1: a headache, take this medicine. It's like, and then it'll 166 00:07:30,440 --> 00:07:33,320 Speaker 1: make your liver hurt, but at least your your head 167 00:07:33,320 --> 00:07:35,320 Speaker 1: won't hurt anymore. I don't like how it's like transferring 168 00:07:35,360 --> 00:07:37,840 Speaker 1: that malady to another part of your body. Yeah, exactly, 169 00:07:38,120 --> 00:07:40,560 Speaker 1: Like it's kind of weird, like somebody with restless leg syndrome, 170 00:07:40,680 --> 00:07:42,800 Speaker 1: Like I kick that, but now I can't stay away 171 00:07:42,800 --> 00:07:44,960 Speaker 1: from the crops table lost all my money. Exactly. It's 172 00:07:44,960 --> 00:07:47,160 Speaker 1: probably not a good trade off, but it's it's just 173 00:07:47,240 --> 00:07:49,320 Speaker 1: kind of crazy to think that that's a real possibility. 174 00:07:49,400 --> 00:07:51,360 Speaker 1: And it's just it's kind of crazy to think that 175 00:07:51,400 --> 00:07:54,160 Speaker 1: the cure could end up making things worse than the 176 00:07:54,160 --> 00:07:58,560 Speaker 1: initial problem itself. And I think just that sounds maybe 177 00:07:58,800 --> 00:08:01,200 Speaker 1: not related to gig work, But as the opportunities to 178 00:08:01,200 --> 00:08:03,760 Speaker 1: do gig work proliferate, you and I we feel compelled 179 00:08:03,800 --> 00:08:06,480 Speaker 1: to say that gig work can actually be similar. It 180 00:08:06,520 --> 00:08:08,920 Speaker 1: can be like it can seem like it's this solution 181 00:08:08,960 --> 00:08:12,600 Speaker 1: to a problem, but in reality it causes more problems 182 00:08:12,640 --> 00:08:14,200 Speaker 1: for a lot of people. No, totally, I don't think 183 00:08:14,240 --> 00:08:15,640 Speaker 1: we would be the only ones who said that there 184 00:08:15,680 --> 00:08:19,880 Speaker 1: is an insidious nature to pharmaceuticals in the companies and 185 00:08:19,920 --> 00:08:21,720 Speaker 1: the things that are trying to sell as well. But 186 00:08:21,760 --> 00:08:23,840 Speaker 1: as we're talking about gig work, you know, depending on 187 00:08:23,840 --> 00:08:26,240 Speaker 1: who you are, you might instantly think that gig work 188 00:08:26,360 --> 00:08:28,800 Speaker 1: is just, you know, a complete waste of time. Maybe 189 00:08:28,920 --> 00:08:31,280 Speaker 1: you have a great career, you're really happy with your job. 190 00:08:31,480 --> 00:08:33,760 Speaker 1: But for others, I think they might see these types 191 00:08:33,800 --> 00:08:36,760 Speaker 1: of jobs as maybe the answer to all of their 192 00:08:36,760 --> 00:08:39,839 Speaker 1: life problems. They might think too highly of gig work. Uh. 193 00:08:39,880 --> 00:08:42,559 Speaker 1: And since you know at least one in three Americans 194 00:08:42,600 --> 00:08:45,720 Speaker 1: actually perform gig work in some way, form or fashion, 195 00:08:45,760 --> 00:08:48,120 Speaker 1: this is according to a gallop pole, it's an important 196 00:08:48,120 --> 00:08:50,920 Speaker 1: thing for us to cover. And so whichever side of 197 00:08:50,960 --> 00:08:54,000 Speaker 1: the aisle that you are on, there are certainly benefits 198 00:08:54,160 --> 00:08:57,680 Speaker 1: worth considering. But also there's this darker side to gig 199 00:08:57,720 --> 00:08:59,080 Speaker 1: work as well, and that's what we want to make 200 00:08:59,080 --> 00:09:01,600 Speaker 1: sure that we're covering, and we're gonna address both sides 201 00:09:01,679 --> 00:09:04,000 Speaker 1: during this episode. We're gonna help you determine if gig 202 00:09:04,000 --> 00:09:06,680 Speaker 1: work is a good fit for you, and then if yes, 203 00:09:07,160 --> 00:09:09,800 Speaker 1: I'll actually help you to think through choosing the best 204 00:09:09,800 --> 00:09:11,920 Speaker 1: one for your life. All right, So let's do a 205 00:09:12,000 --> 00:09:15,240 Speaker 1: little bit of a history dive here, Matt into where 206 00:09:15,320 --> 00:09:17,679 Speaker 1: gig work started, where where it is now. You know, 207 00:09:17,720 --> 00:09:20,199 Speaker 1: in its current form, it's relatively new on the scene, 208 00:09:20,200 --> 00:09:22,560 Speaker 1: but it's been around in different iterations. I think for 209 00:09:22,559 --> 00:09:27,280 Speaker 1: for longer than people might assume. The term initially actually gigs. 210 00:09:27,320 --> 00:09:30,400 Speaker 1: It started with jazz musicians back in the early nineteen hundreds, 211 00:09:30,400 --> 00:09:32,160 Speaker 1: like oh yeah, I'm gonna go do this gig. That 212 00:09:32,160 --> 00:09:34,720 Speaker 1: that kind of became the common I got a gig 213 00:09:34,760 --> 00:09:37,559 Speaker 1: tonight exactly exactly, pull out my trumpet and it makes 214 00:09:37,559 --> 00:09:39,280 Speaker 1: them makes some noise to take the cigarette out of 215 00:09:39,280 --> 00:09:43,200 Speaker 1: their mouth. Smoking was more common back then, and uh 216 00:09:43,240 --> 00:09:44,800 Speaker 1: it was. I mean that's a turn that still used 217 00:09:44,840 --> 00:09:46,839 Speaker 1: today too with musicians just like, hey, oh yeah, I 218 00:09:46,880 --> 00:09:48,920 Speaker 1: got a gig this weekend. I got two gigs, you know, 219 00:09:49,240 --> 00:09:51,000 Speaker 1: and you, I mean you probably use that when it 220 00:09:51,080 --> 00:09:53,240 Speaker 1: came to shooting weddings, right, like, yeah, yeah, I got 221 00:09:53,240 --> 00:09:55,360 Speaker 1: a gig. Like I remember, it definitely felt a little 222 00:09:55,360 --> 00:09:57,640 Speaker 1: more towards like the freelancer side of things, but that 223 00:09:57,800 --> 00:09:59,560 Speaker 1: it definitely was. It's just like, this is something I'm 224 00:09:59,600 --> 00:10:01,760 Speaker 1: gonna be out for a limited period of time. And 225 00:10:01,960 --> 00:10:03,880 Speaker 1: I certainly think that's how gigs kind of came to 226 00:10:03,880 --> 00:10:06,120 Speaker 1: be a part of our language. Yeah, And then temper 227 00:10:06,160 --> 00:10:09,640 Speaker 1: agencies started springing up in the nineteen forties, which continued 228 00:10:09,679 --> 00:10:12,439 Speaker 1: to fuel the rise of gig work, where people would 229 00:10:12,840 --> 00:10:15,240 Speaker 1: work at a job, not taking a full time position, 230 00:10:15,520 --> 00:10:19,079 Speaker 1: but it's really incredibly temporary. Uh. And then yeah, in 231 00:10:19,200 --> 00:10:22,840 Speaker 1: nine Matt stats show that ten percent of all Americans 232 00:10:22,840 --> 00:10:25,839 Speaker 1: were using some type of gig work to make money. 233 00:10:26,000 --> 00:10:30,000 Speaker 1: And this was even before the Internet really came along, 234 00:10:30,160 --> 00:10:34,600 Speaker 1: making gigging ubiquitous, making it just super accessible for people 235 00:10:34,600 --> 00:10:37,440 Speaker 1: to work when and how they wanted, just through the 236 00:10:37,440 --> 00:10:40,040 Speaker 1: simple use of an app and and technology obviously since 237 00:10:40,040 --> 00:10:42,520 Speaker 1: then has had a massive impact on our ability to 238 00:10:42,600 --> 00:10:46,920 Speaker 1: perform all sorts of different jobs in gig form. And yeah, 239 00:10:47,000 --> 00:10:49,680 Speaker 1: there's pros and cons to that. Yeah, and that impact 240 00:10:49,760 --> 00:10:52,040 Speaker 1: has been felt in both good and bad ways. So 241 00:10:52,080 --> 00:10:53,560 Speaker 1: it's kind of get us up to speed with you 242 00:10:53,559 --> 00:10:55,400 Speaker 1: know what we think of today when we talk about 243 00:10:55,400 --> 00:10:57,480 Speaker 1: the gig economy. You instantly think of Uber, you think 244 00:10:57,520 --> 00:11:00,800 Speaker 1: of Lift, or even your favorite food delivery service, which 245 00:11:00,920 --> 00:11:03,400 Speaker 1: is certainly going to be maybe too expensive. I don't 246 00:11:03,480 --> 00:11:05,680 Speaker 1: have a favorite food delivery service, Matt, because I refuse 247 00:11:05,760 --> 00:11:08,680 Speaker 1: to use them. But there are other companies doing unique 248 00:11:08,679 --> 00:11:11,599 Speaker 1: things in the space as well. Sites like Amazon's Mechanical 249 00:11:11,679 --> 00:11:15,040 Speaker 1: Turk also known as m Turk, started simple online gigging 250 00:11:15,440 --> 00:11:18,520 Speaker 1: task Grabbit and fiber. They both normalized gig work even more. 251 00:11:18,840 --> 00:11:21,640 Speaker 1: Airbnb in Turro they offer gig work opportunities, you know, 252 00:11:22,080 --> 00:11:25,400 Speaker 1: with the assets that items that you already own, whether 253 00:11:25,400 --> 00:11:27,400 Speaker 1: that be renting on a room in your house or 254 00:11:27,520 --> 00:11:29,840 Speaker 1: or your car. And the neuber came along at twenty 255 00:11:30,040 --> 00:11:33,440 Speaker 1: and uh and drivers have now given billions of rides 256 00:11:33,520 --> 00:11:35,600 Speaker 1: on that platform. And so that's where it's at today. 257 00:11:35,640 --> 00:11:36,920 Speaker 1: But one of the things worth pointing out here is 258 00:11:36,920 --> 00:11:40,000 Speaker 1: that gig work seems to be furthering the the dissolution 259 00:11:40,400 --> 00:11:44,319 Speaker 1: of the relationship between employers and employees. It's important to 260 00:11:44,400 --> 00:11:47,120 Speaker 1: highlight because this comes with positives and negatives that we're 261 00:11:47,120 --> 00:11:50,120 Speaker 1: gonna be talking about today. Fortunately, doing gig work in 262 00:11:50,120 --> 00:11:51,520 Speaker 1: one of the side effects is not that you might 263 00:11:51,559 --> 00:11:53,640 Speaker 1: become a compulsive gambler. If it was, then we would 264 00:11:53,640 --> 00:11:55,599 Speaker 1: say this is really really bad, guys, stay away. But 265 00:11:55,679 --> 00:11:57,400 Speaker 1: let's talk about the pros, you know, some of the 266 00:11:57,440 --> 00:12:00,280 Speaker 1: benefits of gig work before we jump into the ways 267 00:12:00,320 --> 00:12:03,680 Speaker 1: it sucks. We talked about all the insidious aspects exactly 268 00:12:04,160 --> 00:12:06,560 Speaker 1: because there are some benefits and I think actually some 269 00:12:06,640 --> 00:12:08,560 Speaker 1: of the ways that some of the things that gig 270 00:12:08,600 --> 00:12:11,200 Speaker 1: economy has done have actually rubbed off on some of 271 00:12:11,240 --> 00:12:14,320 Speaker 1: traditional employers, and I think that's been good. But um, really, 272 00:12:14,360 --> 00:12:15,960 Speaker 1: when it comes down to it, is there anything better 273 00:12:15,960 --> 00:12:18,679 Speaker 1: than choosing when you want to work? That is, like, 274 00:12:18,880 --> 00:12:20,720 Speaker 1: sounds pretty nice. One of the top check marks in 275 00:12:20,760 --> 00:12:23,920 Speaker 1: favor of gig work, right, because this really was a revolution. 276 00:12:24,679 --> 00:12:26,920 Speaker 1: Folks who choose to do gig work have ultimate control 277 00:12:26,960 --> 00:12:29,360 Speaker 1: over their schedule, which jobs they want to say yes to, 278 00:12:29,480 --> 00:12:31,400 Speaker 1: and what they want to say no to. You can 279 00:12:31,400 --> 00:12:33,400 Speaker 1: stop when you want, both for the day and forever. 280 00:12:33,520 --> 00:12:35,720 Speaker 1: Like you can be like, I'm giving two more rides 281 00:12:35,760 --> 00:12:38,720 Speaker 1: tonight and then I'm never doing it again. I'm never 282 00:12:38,760 --> 00:12:41,280 Speaker 1: opening this app again until for the evening. But you 283 00:12:41,320 --> 00:12:44,880 Speaker 1: can blow the popsicle stand altogether, that the banana standard, 284 00:12:45,120 --> 00:12:46,880 Speaker 1: and then after that, I'm gonna go to my jazz gig. 285 00:12:46,880 --> 00:12:50,800 Speaker 1: I've got later exactly, double gigging exactly. And there's no 286 00:12:50,840 --> 00:12:53,760 Speaker 1: one that can tell you otherwise. Um. And so yeah, 287 00:12:54,040 --> 00:12:56,199 Speaker 1: maybe let's say Matt and I were on five or 288 00:12:56,240 --> 00:12:58,720 Speaker 1: poking around trying to get someone to do some web 289 00:12:58,760 --> 00:13:00,839 Speaker 1: work for us, and we could say, hey, do you 290 00:13:00,840 --> 00:13:02,360 Speaker 1: want this gig for a hunter fifty bucks? And you 291 00:13:02,360 --> 00:13:05,480 Speaker 1: could say no, Actually, I'm ethically opposed to people saving 292 00:13:05,520 --> 00:13:06,959 Speaker 1: more of their money. And so I'm not going to 293 00:13:07,080 --> 00:13:09,400 Speaker 1: take this gig like I refuse, and that's a few 294 00:13:09,400 --> 00:13:12,240 Speaker 1: people should be taking this stands, But it really is 295 00:13:12,320 --> 00:13:15,079 Speaker 1: up to the individual, Like I can choose whether or 296 00:13:15,120 --> 00:13:16,640 Speaker 1: not I want to do this and when I want 297 00:13:16,679 --> 00:13:18,360 Speaker 1: to do it. And we're seeing you know, more of 298 00:13:18,360 --> 00:13:20,640 Speaker 1: the regular economy, like I said, take on elements of 299 00:13:20,640 --> 00:13:22,800 Speaker 1: this gig work too. Matt. I talked to a friend 300 00:13:22,880 --> 00:13:26,440 Speaker 1: recently who works for Amazon locally and he puts together 301 00:13:26,600 --> 00:13:28,880 Speaker 1: grocery orders. It was just kind of fascinated to talk 302 00:13:28,880 --> 00:13:30,840 Speaker 1: to him about. He actually puts on this like suit 303 00:13:30,920 --> 00:13:33,640 Speaker 1: to go in the freezer to to start putting packing 304 00:13:33,679 --> 00:13:36,360 Speaker 1: people's bags and he does nine at a time, nine 305 00:13:36,440 --> 00:13:39,000 Speaker 1: orders at a time. Holy cow. Very interesting. But he 306 00:13:39,080 --> 00:13:41,360 Speaker 1: has because he have like special cover rolls that he like, yeah, 307 00:13:41,480 --> 00:13:43,200 Speaker 1: something like that. Yeah, he didn't show me a picture 308 00:13:43,240 --> 00:13:44,920 Speaker 1: of it, but he didn't get too cold. Yeah, yeah, 309 00:13:45,040 --> 00:13:47,719 Speaker 1: I mean he doesn't want frost bite in there. But yeah, 310 00:13:47,760 --> 00:13:49,640 Speaker 1: he has just this like a ton of flexibility when 311 00:13:49,640 --> 00:13:52,960 Speaker 1: it comes to choosing his hours and whether he wants 312 00:13:53,000 --> 00:13:55,640 Speaker 1: to come in at all. Uh, you know, the hours 313 00:13:55,640 --> 00:13:57,960 Speaker 1: get posted for the next day, the shifts and there's 314 00:13:57,960 --> 00:14:01,120 Speaker 1: like variable pay rates among the shifts that he can choose, 315 00:14:01,160 --> 00:14:02,760 Speaker 1: and he can be like, all right, if I work 316 00:14:03,240 --> 00:14:05,520 Speaker 1: this this shift here, I'm actually gonna get paid two 317 00:14:05,520 --> 00:14:08,160 Speaker 1: dollars more an hour, so I'll take that one. Or 318 00:14:08,200 --> 00:14:09,680 Speaker 1: you know what, I don't want to choose the shift 319 00:14:09,720 --> 00:14:12,400 Speaker 1: at all because I'm going to the lake. Uh. He 320 00:14:12,480 --> 00:14:15,080 Speaker 1: really is in charge of that. Even though his job 321 00:14:15,200 --> 00:14:18,880 Speaker 1: isn't traditional gig work. We're starting to see more employers 322 00:14:19,240 --> 00:14:24,160 Speaker 1: offer some more of these gig like uh perks from 323 00:14:24,200 --> 00:14:26,760 Speaker 1: you know, to their employees. On a similar note, one 324 00:14:26,760 --> 00:14:28,800 Speaker 1: of the benefits of gig work is that you can 325 00:14:28,800 --> 00:14:31,360 Speaker 1: do it part time while you have another job. It 326 00:14:31,400 --> 00:14:33,960 Speaker 1: really can be a side hustles. Because of the flexible 327 00:14:34,040 --> 00:14:36,480 Speaker 1: nature of gig work, you can you can take, for instance, 328 00:14:36,600 --> 00:14:39,160 Speaker 1: m turk surveys on the side for just a few bucks. 329 00:14:39,200 --> 00:14:42,000 Speaker 1: You can even take IM turk surveys while you're at 330 00:14:42,000 --> 00:14:43,680 Speaker 1: your day job, and you can be like killing two 331 00:14:43,680 --> 00:14:45,520 Speaker 1: birds at the one stone. I don't recommend that might 332 00:14:45,520 --> 00:14:49,760 Speaker 1: be an inethical use of the company's time, uh, you know. 333 00:14:49,840 --> 00:14:51,520 Speaker 1: Or you can actually just take a few clients and 334 00:14:51,560 --> 00:14:53,680 Speaker 1: maybe you can perform that work in spare time, like 335 00:14:53,760 --> 00:14:56,720 Speaker 1: outside of your main thing, and an attempt to make 336 00:14:56,760 --> 00:14:58,840 Speaker 1: it your full time job. That might be a more 337 00:14:58,880 --> 00:15:01,520 Speaker 1: on the up and up way of taking on some 338 00:15:01,560 --> 00:15:03,840 Speaker 1: additional work. I don't actually recommend that. I was just 339 00:15:04,200 --> 00:15:06,680 Speaker 1: saying it's possible. You're just joking around, but we wanted 340 00:15:06,720 --> 00:15:09,920 Speaker 1: to mention this because there aren't as many rules surrounding 341 00:15:09,960 --> 00:15:11,880 Speaker 1: gig work and how you want to fit that into 342 00:15:11,880 --> 00:15:14,200 Speaker 1: your life, like it. Yeah, it makes me think of 343 00:15:14,200 --> 00:15:16,440 Speaker 1: outback steakhouse. What is it's like no rules, just right 344 00:15:16,600 --> 00:15:19,040 Speaker 1: or whatever. That's the model I live by, which, by 345 00:15:19,080 --> 00:15:20,800 Speaker 1: the way, that doesn't make any sense because like there 346 00:15:20,800 --> 00:15:24,000 Speaker 1: are a lot of rules in Australia, actually Australia outback steakhouse. 347 00:15:24,160 --> 00:15:25,480 Speaker 1: You can't go back in the kitchen if you want, 348 00:15:25,680 --> 00:15:27,800 Speaker 1: you can't do whatever you want. But I just really 349 00:15:27,800 --> 00:15:30,080 Speaker 1: like how you can use gig work to almost like 350 00:15:30,120 --> 00:15:32,680 Speaker 1: filling just the cracks of your life when it comes 351 00:15:32,680 --> 00:15:34,360 Speaker 1: to income, right, Like you've got your main gig, you've 352 00:15:34,360 --> 00:15:36,520 Speaker 1: got got your main job, um, and it kind of okay. 353 00:15:36,520 --> 00:15:38,600 Speaker 1: So it makes me think of like this illustration that 354 00:15:38,640 --> 00:15:40,800 Speaker 1: I remember seeing when I was in middle school. But 355 00:15:40,840 --> 00:15:43,480 Speaker 1: you remember, like there's like a glass vase or jar, 356 00:15:43,840 --> 00:15:45,360 Speaker 1: and you've got a couple of big rocks, and then 357 00:15:45,400 --> 00:15:47,080 Speaker 1: you've got a bunch of sand, and you can fit 358 00:15:47,160 --> 00:15:49,680 Speaker 1: all of it into the jar below the line if 359 00:15:49,680 --> 00:15:51,240 Speaker 1: you do things in the right order, so you get 360 00:15:51,280 --> 00:15:53,600 Speaker 1: those big rocks in their first, and then that sand, 361 00:15:53,680 --> 00:15:55,920 Speaker 1: it fills in all the little nooks and crannies and 362 00:15:55,920 --> 00:15:58,960 Speaker 1: you're able to maximize how much you're able to fit 363 00:15:59,000 --> 00:16:00,760 Speaker 1: in that jar. And I see the same thing with 364 00:16:00,800 --> 00:16:04,240 Speaker 1: gig work. You've got these small, flexible jobs that, especially 365 00:16:04,240 --> 00:16:07,360 Speaker 1: if you're really going after a savings or an investing 366 00:16:07,360 --> 00:16:09,680 Speaker 1: goal or debt payoff goal the side, gigs allow you 367 00:16:09,720 --> 00:16:12,680 Speaker 1: to slot in some additional money just in all these 368 00:16:12,720 --> 00:16:15,640 Speaker 1: little cracks that aren't being utilized, that aren't being fully 369 00:16:16,120 --> 00:16:18,880 Speaker 1: maximized with your day job. I think that's a great 370 00:16:18,920 --> 00:16:21,400 Speaker 1: way to think about it, because I think if you're 371 00:16:21,640 --> 00:16:24,760 Speaker 1: pursuing gig work as your full time job for most people, 372 00:16:24,880 --> 00:16:26,800 Speaker 1: that doesn't make a whole lot of sense. But if 373 00:16:26,840 --> 00:16:29,360 Speaker 1: you are pursuing it on a purely part time basis 374 00:16:29,400 --> 00:16:31,160 Speaker 1: to fill in some of those cracks, I think it 375 00:16:31,240 --> 00:16:33,480 Speaker 1: does make a little bit more sense for you to 376 00:16:33,680 --> 00:16:37,320 Speaker 1: include gig work in your work repertoire. But yeah, yeah, 377 00:16:37,400 --> 00:16:40,680 Speaker 1: for another perk though for many gig workers, it means 378 00:16:40,680 --> 00:16:43,240 Speaker 1: the ability to earn not just earn side money, but 379 00:16:43,320 --> 00:16:46,240 Speaker 1: earn instant income. You know, there's not much hating you 380 00:16:46,280 --> 00:16:48,800 Speaker 1: can do about getting paid instantly for the work that 381 00:16:48,800 --> 00:16:50,840 Speaker 1: you're performing. If you try for Uber, you have the 382 00:16:50,840 --> 00:16:54,680 Speaker 1: ability to transfer your earnings to a debit account that 383 00:16:54,680 --> 00:16:57,400 Speaker 1: you have linked up to five times a day. That's crazy, 384 00:16:57,440 --> 00:17:01,840 Speaker 1: which is pretty spectacular. It's impressive, right, That's better than 385 00:17:01,880 --> 00:17:04,600 Speaker 1: getting paid every two weeks on a delayed cycle. And 386 00:17:04,720 --> 00:17:07,960 Speaker 1: this immediate access to your pay has really shifted the 387 00:17:08,000 --> 00:17:10,720 Speaker 1: reality on the ground when people lose a job, which 388 00:17:10,720 --> 00:17:12,760 Speaker 1: I think is one of the best things that gig 389 00:17:12,800 --> 00:17:16,080 Speaker 1: work has ever done. There's this instant job with instant 390 00:17:16,080 --> 00:17:18,399 Speaker 1: incompetential waiting there for you. If you get laid off 391 00:17:18,440 --> 00:17:21,159 Speaker 1: on a Friday, you can be driving Uber on the 392 00:17:21,160 --> 00:17:24,080 Speaker 1: next Tuesday, probably after you get your car inspected or whatever. 393 00:17:24,320 --> 00:17:26,320 Speaker 1: And yeah, it might not pay as well as the 394 00:17:26,400 --> 00:17:28,439 Speaker 1: job you've just left or got let go from, but 395 00:17:28,480 --> 00:17:31,439 Speaker 1: it can still provide a really helpful financial backstop for 396 00:17:31,480 --> 00:17:34,200 Speaker 1: people who you know, unexpectedly find themselves out of work. 397 00:17:34,560 --> 00:17:37,480 Speaker 1: That's easily one of the biggest pros of gig work. Yeah, 398 00:17:37,480 --> 00:17:39,240 Speaker 1: and that financial peace of mind that it brings to you, 399 00:17:39,480 --> 00:17:41,600 Speaker 1: like before you've even gotten fired, right, like maybe things 400 00:17:41,640 --> 00:17:43,639 Speaker 1: are looking kind of I don't know, maybe things are 401 00:17:43,640 --> 00:17:45,199 Speaker 1: looking kind of rocky at work. But just to be 402 00:17:45,240 --> 00:17:46,959 Speaker 1: able to know that you have that as an option 403 00:17:47,320 --> 00:17:49,280 Speaker 1: to where you can immediately get to work. You're not 404 00:17:49,320 --> 00:17:51,720 Speaker 1: just gonna be sitting on the sidelines, um, you know, 405 00:17:51,800 --> 00:17:54,360 Speaker 1: depleting your emergency fund. Instead, you can you know, get 406 00:17:54,600 --> 00:17:56,680 Speaker 1: get back out there, get back to work, start earning 407 00:17:56,720 --> 00:17:59,359 Speaker 1: money immediately. I was gonna saying the benefit that combo 408 00:17:59,520 --> 00:18:02,760 Speaker 1: of work always being there and then your e fond 409 00:18:02,920 --> 00:18:05,600 Speaker 1: it provides like this, like two by steps worth of 410 00:18:05,600 --> 00:18:07,560 Speaker 1: strength as opposed to just one totally. Yeah, And so 411 00:18:07,600 --> 00:18:11,160 Speaker 1: another one of the the immediate benefits, similar to immediate pay, 412 00:18:11,200 --> 00:18:14,320 Speaker 1: is that most gig work opportunities just take very little training. 413 00:18:14,640 --> 00:18:17,879 Speaker 1: A typical job requires some on site training, you know, 414 00:18:17,920 --> 00:18:20,479 Speaker 1: at the very least, if not like an entire degree, 415 00:18:20,640 --> 00:18:23,800 Speaker 1: a college degree or years of experience, but as long 416 00:18:23,840 --> 00:18:25,919 Speaker 1: as you you know, have a smartphone or if you 417 00:18:25,960 --> 00:18:29,280 Speaker 1: have a laptop, the immediacy that gig work provides can 418 00:18:29,320 --> 00:18:31,040 Speaker 1: just come as a relief to know that this is 419 00:18:31,040 --> 00:18:34,000 Speaker 1: something you can get straight to. Virtually anyone can pick 420 00:18:34,000 --> 00:18:36,240 Speaker 1: out groceries and deliver them. And of course, the more 421 00:18:36,280 --> 00:18:38,840 Speaker 1: efficient you get at that gig job, the more likely 422 00:18:39,200 --> 00:18:42,719 Speaker 1: you are to make but it doesn't require that specialized training. 423 00:18:43,119 --> 00:18:45,879 Speaker 1: Although that being said, not all gig work is created equal. 424 00:18:46,160 --> 00:18:49,520 Speaker 1: While grocery picking is open to virtually anyone, more specific 425 00:18:49,600 --> 00:18:51,840 Speaker 1: jobs that are up on sites like fiber, up on 426 00:18:51,880 --> 00:18:55,240 Speaker 1: task rib it, they actually require a certain talent or 427 00:18:55,240 --> 00:18:57,800 Speaker 1: a certain skill set. Uh, and they're likely going to 428 00:18:57,880 --> 00:19:01,119 Speaker 1: be paying better as well. Yeah, And another benefit of 429 00:19:01,160 --> 00:19:03,840 Speaker 1: the gigs will find on platforms like that, Matt platforms 430 00:19:03,960 --> 00:19:07,320 Speaker 1: like task grabit is there's some variety and novelty involved. 431 00:19:07,320 --> 00:19:09,119 Speaker 1: So if you get bored easily you don't want to 432 00:19:09,200 --> 00:19:11,800 Speaker 1: keep doing the same thing over and over, You're gonna 433 00:19:11,840 --> 00:19:16,360 Speaker 1: have like enough variety maybe to keep you interested. You're 434 00:19:16,359 --> 00:19:19,119 Speaker 1: you're often meeting new folks and sometimes getting introduced to 435 00:19:19,359 --> 00:19:23,480 Speaker 1: entirely new businesses and industries even outside of a specific app. 436 00:19:23,560 --> 00:19:26,040 Speaker 1: Right that the diversity of jobs that you can partake 437 00:19:26,080 --> 00:19:28,400 Speaker 1: in is likely going to be seen as a benefit 438 00:19:28,480 --> 00:19:31,480 Speaker 1: for somebody in the gig work space. Maybe you're getting 439 00:19:31,520 --> 00:19:34,800 Speaker 1: tired of driving people around and you're like, I'm I 440 00:19:34,840 --> 00:19:37,760 Speaker 1: want to do something else, tired of making conversations with strangers. 441 00:19:37,960 --> 00:19:40,240 Speaker 1: I get it. Well, you know you can choose instead 442 00:19:40,280 --> 00:19:42,680 Speaker 1: to do like cross country or local halls of stuff 443 00:19:42,720 --> 00:19:46,040 Speaker 1: that people need shipped with a site like Roadie. So 444 00:19:46,359 --> 00:19:49,800 Speaker 1: I think in that respect, there is enough variety and 445 00:19:49,920 --> 00:19:52,520 Speaker 1: enough choice for you in the gig economy that you 446 00:19:52,560 --> 00:19:55,760 Speaker 1: don't necessarily have to go all in on one company. 447 00:19:55,920 --> 00:19:58,320 Speaker 1: You can take the Mores Merrier approach and kind of 448 00:19:58,600 --> 00:20:02,520 Speaker 1: find ways to benefit from a multitude of different gig 449 00:20:02,520 --> 00:20:05,600 Speaker 1: work opportunities. You can not only maximize how much you're making, 450 00:20:05,600 --> 00:20:07,879 Speaker 1: but you can maximize the different experiences that you have 451 00:20:07,960 --> 00:20:10,400 Speaker 1: as well and people. I don't know, maybe if you're 452 00:20:10,400 --> 00:20:12,240 Speaker 1: stuck on a standard nine to five, maybe you get 453 00:20:12,240 --> 00:20:14,639 Speaker 1: tired of the same people every day. It's if you're 454 00:20:14,640 --> 00:20:17,000 Speaker 1: doing something like task Rabbit or like lift or uber, 455 00:20:17,000 --> 00:20:18,840 Speaker 1: where you're meeting new folks every day. That's just a 456 00:20:18,880 --> 00:20:21,879 Speaker 1: really interesting way just to be exposed to a lot 457 00:20:21,920 --> 00:20:24,840 Speaker 1: of different ideas a lot of different industries. Definitely get 458 00:20:24,880 --> 00:20:28,160 Speaker 1: tired of the first time around between my nine five, Uh, 459 00:20:28,200 --> 00:20:30,720 Speaker 1: you're not referring to me are. One of the other 460 00:20:30,760 --> 00:20:34,480 Speaker 1: benefits of gig work is that you're just entirely independent. 461 00:20:34,920 --> 00:20:36,520 Speaker 1: I think this is one of the main reasons that 462 00:20:36,600 --> 00:20:39,520 Speaker 1: gig workers choose this path, because there, I mean, there's 463 00:20:39,520 --> 00:20:41,680 Speaker 1: no boss who's gonna be breathing down your neck or 464 00:20:41,680 --> 00:20:44,399 Speaker 1: you know, demanding that those TPS reports need to be 465 00:20:44,440 --> 00:20:46,119 Speaker 1: on on their desk, or that you've got to come 466 00:20:46,119 --> 00:20:48,720 Speaker 1: in and work over the weekend when you had plans. Yeah, 467 00:20:48,720 --> 00:20:50,960 Speaker 1: what like what is what does TPS report even stand for? 468 00:20:51,080 --> 00:20:53,360 Speaker 1: I don't know, but it's just like it's a yeah, 469 00:20:53,440 --> 00:20:55,440 Speaker 1: but it's I mean, it's a real thing. It stands 470 00:20:55,440 --> 00:20:58,879 Speaker 1: for that meaningless drudge like drudge work as opposed to 471 00:20:59,400 --> 00:21:02,320 Speaker 1: it's actually something in real life. But the freedom that 472 00:21:02,359 --> 00:21:05,640 Speaker 1: comes alongside not having a boss to report too, it's 473 00:21:05,640 --> 00:21:08,560 Speaker 1: it's hard to quantify, uh, And overall, there is a 474 00:21:09,080 --> 00:21:11,199 Speaker 1: heck of a lot less bureaucracy to deal with. You know, 475 00:21:11,240 --> 00:21:13,560 Speaker 1: there's likely no resumes that you had to fill out 476 00:21:13,560 --> 00:21:15,720 Speaker 1: in order to start working for that you know, that 477 00:21:15,760 --> 00:21:18,359 Speaker 1: gig job, likely you didn't have to interview, And so 478 00:21:18,440 --> 00:21:20,800 Speaker 1: for many this is just as big of a selling point, 479 00:21:21,359 --> 00:21:25,320 Speaker 1: just as the mountainous levels of flexibility, uh that gig 480 00:21:25,400 --> 00:21:27,879 Speaker 1: jobs offer. Yep, it is nice to not have to 481 00:21:27,920 --> 00:21:30,200 Speaker 1: be told what to do, So, Matt, we we called 482 00:21:30,240 --> 00:21:33,760 Speaker 1: this episode the insidious Nature of gig work, and it 483 00:21:33,840 --> 00:21:36,000 Speaker 1: sounds all bright and rosy right now, but it's not. 484 00:21:36,480 --> 00:21:38,479 Speaker 1: I promise you it's not. And we will get to 485 00:21:38,680 --> 00:21:43,000 Speaker 1: the downsides, the under dark underbelly of the gig economy. 486 00:21:43,040 --> 00:21:45,560 Speaker 1: Will get to our thoughts on that right after this. 487 00:21:54,280 --> 00:21:56,760 Speaker 1: All right, we're back, and yeah, we actually maybe talk 488 00:21:56,840 --> 00:21:58,919 Speaker 1: more than we thought we were going to about all 489 00:21:58,960 --> 00:22:02,040 Speaker 1: the different benefits of gig work, because there truly are 490 00:22:02,080 --> 00:22:04,920 Speaker 1: some real benefits there, um, But we want to make 491 00:22:04,920 --> 00:22:08,080 Speaker 1: sure that folks are aware of the downsides of the 492 00:22:08,119 --> 00:22:11,920 Speaker 1: insidious nature of these different gig working apps. So let's 493 00:22:11,920 --> 00:22:13,280 Speaker 1: get to it, man. I think the one of the 494 00:22:13,320 --> 00:22:14,919 Speaker 1: first things that we want to make sure that we 495 00:22:14,960 --> 00:22:17,440 Speaker 1: discuss is just the lack of consistency when it comes 496 00:22:17,480 --> 00:22:20,080 Speaker 1: to gig work. We talked about the flexibility that gig 497 00:22:20,160 --> 00:22:23,199 Speaker 1: work has to offer, which is super nice, but what 498 00:22:23,280 --> 00:22:25,119 Speaker 1: if you depend on gig work for for most of 499 00:22:25,119 --> 00:22:27,600 Speaker 1: your pay and you can't get a gig you know, 500 00:22:27,640 --> 00:22:29,560 Speaker 1: you might be sitting there you know what, like waiting 501 00:22:29,560 --> 00:22:31,600 Speaker 1: to earn money. You're sitting there on your phone refreshing, 502 00:22:32,080 --> 00:22:34,160 Speaker 1: but there are no gigs to be had, no rides 503 00:22:34,280 --> 00:22:36,199 Speaker 1: as an uber driver. Maybe nobody wants to rent your 504 00:22:36,240 --> 00:22:38,600 Speaker 1: car on Touro for a couple of wheel packages that 505 00:22:38,640 --> 00:22:41,560 Speaker 1: need to be taken across town on road, which I 506 00:22:41,600 --> 00:22:43,840 Speaker 1: can hardly imagine a world where there aren't packages that 507 00:22:43,840 --> 00:22:45,960 Speaker 1: need to be delivered with with how much online ordering 508 00:22:46,000 --> 00:22:48,280 Speaker 1: that we do. But the Atlantic they did this piece 509 00:22:48,280 --> 00:22:51,080 Speaker 1: and they interviewed this guy who does pick up Amazon 510 00:22:51,160 --> 00:22:54,080 Speaker 1: Flex shifts. Uh. And the day that they're interviewing him, 511 00:22:54,119 --> 00:22:56,080 Speaker 1: he likes to pick up the four to six am 512 00:22:56,119 --> 00:22:57,840 Speaker 1: shift and he just woke up and was sitting there 513 00:22:57,840 --> 00:22:59,719 Speaker 1: with his coffee and kept refreshing and there were no 514 00:23:00,000 --> 00:23:01,399 Speaker 1: ox that's what they call him. You have to reserve 515 00:23:01,440 --> 00:23:03,760 Speaker 1: a block um uh. And so for him like that 516 00:23:03,840 --> 00:23:05,439 Speaker 1: was just gonna be a morning that he got up 517 00:23:05,440 --> 00:23:08,159 Speaker 1: early but wasn't going to actually make any money. That 518 00:23:08,200 --> 00:23:10,240 Speaker 1: would be incredibly frustrating for someone to like not to 519 00:23:10,320 --> 00:23:12,639 Speaker 1: smell the roses. But if you're if doesn't want what 520 00:23:12,640 --> 00:23:14,800 Speaker 1: you're wanting to do with your morning, that's frustrating exactly. Yeah, 521 00:23:14,920 --> 00:23:16,879 Speaker 1: sleep is important, man. So it's important to keep in 522 00:23:16,920 --> 00:23:19,720 Speaker 1: mind that when the demand isn't there, you aren't always 523 00:23:19,760 --> 00:23:22,560 Speaker 1: going to be able to make money when you want to. Uh. 524 00:23:22,600 --> 00:23:25,879 Speaker 1: And you know, not only are the market forces going 525 00:23:25,960 --> 00:23:28,440 Speaker 1: to determine your pay, but because you're just a kind 526 00:23:28,440 --> 00:23:31,159 Speaker 1: of a small cog and this giant machine you, you know, 527 00:23:31,200 --> 00:23:33,680 Speaker 1: you likely don't have much say as to what's going on, 528 00:23:34,080 --> 00:23:36,600 Speaker 1: nor do you have the ability to make changes like 529 00:23:36,760 --> 00:23:39,840 Speaker 1: you could if you actually owned your own business. You're 530 00:23:39,880 --> 00:23:43,320 Speaker 1: more subject to the whims and policy that the corporation 531 00:23:43,680 --> 00:23:46,280 Speaker 1: decides to implement, and that's going to have an effect 532 00:23:46,320 --> 00:23:48,560 Speaker 1: on your ability to work, on your ability to earn 533 00:23:48,640 --> 00:23:50,679 Speaker 1: as well. Yeah, and it's hard to push for a 534 00:23:50,680 --> 00:23:54,400 Speaker 1: pay raise when you're working with this faceless company that 535 00:23:54,800 --> 00:23:57,160 Speaker 1: you have zero dealings with. You don't have a manager 536 00:23:57,200 --> 00:23:58,720 Speaker 1: that you work correctly to, which is part of the 537 00:23:58,720 --> 00:24:00,440 Speaker 1: bright side, but it's also a part of the downside. 538 00:24:00,440 --> 00:24:02,520 Speaker 1: You can't be like, listen, I need a raise or 539 00:24:02,560 --> 00:24:05,560 Speaker 1: it's time to walk um. And you know, there's always 540 00:24:05,600 --> 00:24:07,760 Speaker 1: somebody else willing to open up their app and do 541 00:24:07,840 --> 00:24:10,240 Speaker 1: that gig if you're not going to. So that is 542 00:24:10,240 --> 00:24:12,720 Speaker 1: definitely one of the dark sides. I think on a 543 00:24:12,720 --> 00:24:15,680 Speaker 1: similar note, Matt, gig work doesn't offer a career path 544 00:24:15,800 --> 00:24:19,120 Speaker 1: for people. They're often just there's no way to advance 545 00:24:19,160 --> 00:24:22,560 Speaker 1: your career in the gig economy. You're literally just doing 546 00:24:22,600 --> 00:24:25,480 Speaker 1: a job at a time. Um, And yeah, you're doing 547 00:24:25,520 --> 00:24:28,480 Speaker 1: it because specifically of the pros that we mentioned earlier, 548 00:24:28,640 --> 00:24:30,800 Speaker 1: you're not necessarily trying to move up the ladder. You're 549 00:24:30,840 --> 00:24:34,520 Speaker 1: not necessarily trying to increase your earnings. You know, if 550 00:24:34,560 --> 00:24:36,480 Speaker 1: you're choosing to be a part of the gig economy, 551 00:24:36,800 --> 00:24:40,639 Speaker 1: it's likely because you aren't as interested in climbing that 552 00:24:40,760 --> 00:24:43,800 Speaker 1: corporate hierarchy. But yeah, it is important to note that 553 00:24:43,840 --> 00:24:47,440 Speaker 1: this is a significant downside. It is fine to start 554 00:24:47,440 --> 00:24:50,400 Speaker 1: gigging if you want to, but there's just no real avenue, 555 00:24:50,440 --> 00:24:53,880 Speaker 1: no path for advancement and for making more money, for 556 00:24:54,000 --> 00:24:57,160 Speaker 1: getting a promotion that doesn't exist in this world. That's right. Yeah, 557 00:24:57,160 --> 00:25:00,440 Speaker 1: you inherently don't have control of your career trajectory. That's 558 00:25:00,440 --> 00:25:03,280 Speaker 1: because there is no trajectory. Like basically, you either work, 559 00:25:03,480 --> 00:25:05,200 Speaker 1: uh and you get money, or if you don't work, 560 00:25:05,240 --> 00:25:07,880 Speaker 1: you don't get that money. Directly, training time for money, 561 00:25:07,880 --> 00:25:12,760 Speaker 1: It's incredibly consistent in that way, I'll say that health considerations, 562 00:25:12,800 --> 00:25:14,679 Speaker 1: man like, that's another big downside to most of the 563 00:25:14,680 --> 00:25:18,160 Speaker 1: gig work opportunities right now. Uh. And because of the 564 00:25:18,200 --> 00:25:20,880 Speaker 1: sort of warped way that we've set up healthcare in 565 00:25:21,040 --> 00:25:24,720 Speaker 1: this country, your coverage or lack thereof, is tied to 566 00:25:24,760 --> 00:25:27,320 Speaker 1: your employer, and so if you are partaking in the 567 00:25:27,320 --> 00:25:30,639 Speaker 1: gig economy with most of your working hours, you won't 568 00:25:30,720 --> 00:25:34,680 Speaker 1: have access to that highly subsidized, really nice, posh healthcare 569 00:25:34,760 --> 00:25:37,720 Speaker 1: plan from your employer. And so that's definitely something you 570 00:25:37,720 --> 00:25:39,399 Speaker 1: want to keep in mind. I will say there is 571 00:25:39,440 --> 00:25:41,919 Speaker 1: one bright spot on this front, though. Many folks who 572 00:25:41,960 --> 00:25:45,240 Speaker 1: are getting paid primarily via the gig economy will be 573 00:25:45,280 --> 00:25:48,560 Speaker 1: able to qualify for the massively subsidized plans on the 574 00:25:48,600 --> 00:25:52,280 Speaker 1: Healthcare Exchange. It's more affordable than you think. And we 575 00:25:52,280 --> 00:25:54,520 Speaker 1: wanted to mention this because a lot of gig workers 576 00:25:54,560 --> 00:25:58,400 Speaker 1: aren't aware that they can get these very affordable plans 577 00:25:58,960 --> 00:26:00,760 Speaker 1: on the Exchange. And this was all due to the 578 00:26:00,800 --> 00:26:04,160 Speaker 1: American Rescue Plan that was passed earlier this year. UH. 579 00:26:04,160 --> 00:26:05,840 Speaker 1: And so gig workers, if you're out there, make sure 580 00:26:05,840 --> 00:26:08,200 Speaker 1: that you look into that, because if you're not insured, 581 00:26:08,640 --> 00:26:11,280 Speaker 1: you are on thin ice because yeah, medical bills, that's 582 00:26:11,280 --> 00:26:13,760 Speaker 1: the number one reason for personal bankruptcy in this country, 583 00:26:13,840 --> 00:26:16,120 Speaker 1: no doubt. Yeah, I was talking. I mentioned my friend 584 00:26:16,119 --> 00:26:19,359 Speaker 1: who works at Amazon and he puts together the grocery orders, 585 00:26:19,400 --> 00:26:20,920 Speaker 1: and I was talking to him about health insurance the 586 00:26:20,960 --> 00:26:24,560 Speaker 1: other day. He doesn't have health insurance right now. I 587 00:26:24,560 --> 00:26:25,800 Speaker 1: was like, dude, it's time to get on it. And 588 00:26:25,840 --> 00:26:27,439 Speaker 1: this this is where you need to turn. You need 589 00:26:27,480 --> 00:26:30,000 Speaker 1: to go to healthcare dot gov. And in all likelihood, 590 00:26:30,119 --> 00:26:34,280 Speaker 1: most people who are working for gig work rates, they 591 00:26:34,320 --> 00:26:38,119 Speaker 1: do qualify for little to know out of pocket the 592 00:26:38,119 --> 00:26:40,560 Speaker 1: premiums are going to be super low or non existent. 593 00:26:40,680 --> 00:26:43,320 Speaker 1: Might be able to get one of those ten dollar plans. Yeah, exactly, exactly, 594 00:26:43,520 --> 00:26:45,720 Speaker 1: And yeah, it's not just a lack of healthcare though. 595 00:26:45,720 --> 00:26:47,720 Speaker 1: When it comes to benefits, there are few to no 596 00:26:47,880 --> 00:26:50,199 Speaker 1: benefits at all when it comes to gig work, right. 597 00:26:50,480 --> 00:26:53,000 Speaker 1: The gig economy isn't going to offer you access to 598 00:26:53,040 --> 00:26:56,480 Speaker 1: retirement benefits. There's no paid vacation time. Although you can't 599 00:26:56,480 --> 00:26:58,840 Speaker 1: take as much time off as you want, you're not 600 00:26:58,840 --> 00:27:01,199 Speaker 1: gonna get paid. Is not that? Yeah, And that is 601 00:27:01,400 --> 00:27:03,439 Speaker 1: that's a bummer. Right When you're like I feel like 602 00:27:03,440 --> 00:27:04,679 Speaker 1: I need a couple of weeks at the beach, and 603 00:27:04,680 --> 00:27:08,360 Speaker 1: it's like, well, you're sorry, you're gonna You're gonna pay 604 00:27:08,400 --> 00:27:10,680 Speaker 1: on both ends. You're not going to be earning any money. 605 00:27:10,760 --> 00:27:12,600 Speaker 1: And guess what it's gonna cost you. Yeah, you might 606 00:27:13,280 --> 00:27:15,639 Speaker 1: open up your gig work app and take some gigs 607 00:27:15,680 --> 00:27:17,800 Speaker 1: while you're trying to rest and recuperate and get away 608 00:27:17,800 --> 00:27:19,159 Speaker 1: from take some surveys while you're out there on the 609 00:27:19,160 --> 00:27:23,359 Speaker 1: beach exactly. And yeah, although not all employers offer a 610 00:27:23,359 --> 00:27:26,840 Speaker 1: match for your retirement contributions, you certainly won't get that 611 00:27:26,920 --> 00:27:29,120 Speaker 1: access to free money while you're gigging. You can still 612 00:27:29,119 --> 00:27:31,520 Speaker 1: open up your own account. You can start contributing, which 613 00:27:31,560 --> 00:27:35,080 Speaker 1: is great, but don't expect any benefits from that side 614 00:27:35,080 --> 00:27:37,680 Speaker 1: gig that you're doing. You know, there's no workers copy either, Matt. 615 00:27:37,680 --> 00:27:39,840 Speaker 1: And that's something to think about. If you break your leg, 616 00:27:40,000 --> 00:27:43,000 Speaker 1: God forbid it, while delivering a food order, you don't 617 00:27:43,040 --> 00:27:45,879 Speaker 1: have access to a short term this ability policy in 618 00:27:45,880 --> 00:27:48,399 Speaker 1: all likelihood through that gig company. You need to have 619 00:27:48,440 --> 00:27:51,199 Speaker 1: your own policy, and if you don't, you might be 620 00:27:51,320 --> 00:27:54,320 Speaker 1: laid up out of work, unable to make any income 621 00:27:54,600 --> 00:27:57,480 Speaker 1: with nothing coming in. So that is definitely one of 622 00:27:57,480 --> 00:28:01,240 Speaker 1: the most insidious things about gig work is if something happens, 623 00:28:01,240 --> 00:28:04,400 Speaker 1: you're kind of s ol really to a certain degree. Yeah, 624 00:28:04,440 --> 00:28:07,719 Speaker 1: another downside to gig jobs the pay. It's not all 625 00:28:07,720 --> 00:28:10,320 Speaker 1: that great, man. We've got some stats here, so hang on. 626 00:28:10,600 --> 00:28:13,760 Speaker 1: Eight percent of gig workers make less than five dollars 627 00:28:13,880 --> 00:28:16,960 Speaker 1: a month, which is, yeah, that's not so great. Um. 628 00:28:17,040 --> 00:28:18,560 Speaker 1: And again, this is fine actually if this is a 629 00:28:18,600 --> 00:28:20,919 Speaker 1: part time thing. But if that's what you're making, you know, 630 00:28:20,960 --> 00:28:24,040 Speaker 1: gigging full time, then that's gonna be pretty terrible. How 631 00:28:24,160 --> 00:28:26,439 Speaker 1: much you can make in the gig economy just depends 632 00:28:26,440 --> 00:28:28,920 Speaker 1: on a whole lot of different factors. For instance, those 633 00:28:29,040 --> 00:28:31,200 Speaker 1: m Turk surveys, like, they're not gonna pay you much, 634 00:28:31,840 --> 00:28:33,639 Speaker 1: that's for sure, But maybe if you want to, you know, 635 00:28:33,640 --> 00:28:34,960 Speaker 1: if you want to earn a few bucks while you're 636 00:28:35,119 --> 00:28:37,320 Speaker 1: laying out there on the beach. Uh, if you do 637 00:28:37,359 --> 00:28:39,640 Speaker 1: your research and if you only take the very best 638 00:28:39,680 --> 00:28:42,600 Speaker 1: paying surveys that the best jobs, you might be able 639 00:28:42,640 --> 00:28:45,160 Speaker 1: to make eight to ten dollars an hour. Uh. The 640 00:28:45,160 --> 00:28:47,560 Speaker 1: average pay of someone who drives full time for Uber 641 00:28:47,880 --> 00:28:50,800 Speaker 1: is just under thirty dollars annually. So you take that 642 00:28:50,840 --> 00:28:53,080 Speaker 1: you break it out to the average hourly rate, and 643 00:28:53,200 --> 00:28:56,280 Speaker 1: it's gonna be less than twenty dollars before expenses. And 644 00:28:56,280 --> 00:28:58,200 Speaker 1: then after that, don't forget you've got all the other 645 00:28:58,200 --> 00:29:02,000 Speaker 1: additional expenses. When it comes to maintaining a vehicle, cars 646 00:29:02,040 --> 00:29:04,320 Speaker 1: are not cheap to keep up and running. Yeah, twenty 647 00:29:04,320 --> 00:29:06,239 Speaker 1: bucks an hour doesn't sound bad. And then you're like, 648 00:29:06,600 --> 00:29:09,080 Speaker 1: wait a second, when you factor in the I R 649 00:29:09,200 --> 00:29:11,920 Speaker 1: S rape for mileage, and the wear and tear on 650 00:29:11,960 --> 00:29:14,360 Speaker 1: your car, the extra oil changes you're gonna have to do, 651 00:29:14,440 --> 00:29:17,680 Speaker 1: You're you're burning gas, You're you're potentially paying extra for insurance, 652 00:29:17,680 --> 00:29:19,360 Speaker 1: all that stuff. The pay is not as good as 653 00:29:19,400 --> 00:29:23,400 Speaker 1: it initially seems. And the next downside we we we 654 00:29:23,480 --> 00:29:26,760 Speaker 1: gotta cover mat is that it's just harder to stop working. 655 00:29:27,080 --> 00:29:29,120 Speaker 1: Talk about like being harder to get away for vacation 656 00:29:29,200 --> 00:29:31,920 Speaker 1: because you don't get compensated for that vacation time in 657 00:29:31,960 --> 00:29:34,640 Speaker 1: any way. But I feel like a lot of jobs 658 00:29:34,680 --> 00:29:37,400 Speaker 1: actually feel constant for people these days. We've got email 659 00:29:37,440 --> 00:29:39,520 Speaker 1: apps on our phone, we've got slack on our phone, 660 00:29:39,880 --> 00:29:42,200 Speaker 1: and you know, it feels like you can never fully 661 00:29:42,280 --> 00:29:45,640 Speaker 1: get away from the office, just engage. When when you 662 00:29:45,640 --> 00:29:47,240 Speaker 1: look at the stats. So what happens when people do 663 00:29:47,320 --> 00:29:49,120 Speaker 1: go on vacation, They're still checking in with their boss, 664 00:29:49,120 --> 00:29:51,760 Speaker 1: they're still checking in with their manager. They might work 665 00:29:51,760 --> 00:29:53,680 Speaker 1: still for an hour every day just to kind of 666 00:29:53,680 --> 00:29:55,520 Speaker 1: make sure things don't fall apart. And I think that's 667 00:29:55,600 --> 00:29:58,560 Speaker 1: really really bad, Like, that's a bad you're not gonna 668 00:29:58,640 --> 00:30:00,959 Speaker 1: be able to actually fully realize as the benefits of 669 00:30:01,000 --> 00:30:03,600 Speaker 1: that time away if you don't actually fully get away. 670 00:30:03,640 --> 00:30:07,080 Speaker 1: But yeah, we're actually we'd like to see you take 671 00:30:07,120 --> 00:30:10,240 Speaker 1: those apps off your phone completely because it's unhealthy really 672 00:30:10,280 --> 00:30:12,960 Speaker 1: to be constantly connected. And that's for a traditional job, 673 00:30:13,000 --> 00:30:15,880 Speaker 1: but a job that might have more healthy boundaries, right, 674 00:30:15,920 --> 00:30:18,760 Speaker 1: think about how stressful it can be if your literal 675 00:30:18,880 --> 00:30:21,560 Speaker 1: livelihood is attached to your phone, which you you know, 676 00:30:21,600 --> 00:30:23,680 Speaker 1: also make calls and texts on to your friends. And 677 00:30:23,720 --> 00:30:26,120 Speaker 1: then well, let's see what's going on in the gig. 678 00:30:26,200 --> 00:30:28,960 Speaker 1: Are they any good gigs available right now? And so 679 00:30:29,360 --> 00:30:31,800 Speaker 1: when you can start making money at the tap of 680 00:30:31,840 --> 00:30:35,280 Speaker 1: your finger, it's just easier to go in that direction 681 00:30:35,320 --> 00:30:38,120 Speaker 1: more frequently, or to feel stressed about the fact that 682 00:30:38,440 --> 00:30:40,000 Speaker 1: is that what I should be doing right now? Should 683 00:30:40,040 --> 00:30:42,200 Speaker 1: I be digging as opposed to sitting here watching a 684 00:30:42,200 --> 00:30:45,120 Speaker 1: baseball game or whatever. And yeah, I think it can 685 00:30:45,160 --> 00:30:48,600 Speaker 1: be hard to shut it down, especially for drivers like 686 00:30:48,680 --> 00:30:51,160 Speaker 1: people who do uber and lift or roady stuff like that. 687 00:30:51,480 --> 00:30:53,080 Speaker 1: We think about the uber and lift drivers Matt who 688 00:30:53,120 --> 00:30:55,440 Speaker 1: are getting pained for the next ride before the current 689 00:30:55,440 --> 00:30:57,600 Speaker 1: one is even over, and they're like, I guess I'll 690 00:30:57,640 --> 00:31:00,200 Speaker 1: do one more. Um. It can just be difficult to 691 00:31:00,240 --> 00:31:03,160 Speaker 1: not feel compelled to work when what you actually need 692 00:31:03,240 --> 00:31:05,120 Speaker 1: is some time off to rest. You're trying to shut 693 00:31:05,160 --> 00:31:08,280 Speaker 1: it down and everything, all that technology is kind of 694 00:31:08,320 --> 00:31:12,200 Speaker 1: conspiring against you to get you to keep working. Um, 695 00:31:12,320 --> 00:31:15,520 Speaker 1: keep the app up and keep doing keep doing work 696 00:31:15,680 --> 00:31:18,040 Speaker 1: when you need to chill. Yeah. Yeah, there's those physical 697 00:31:18,120 --> 00:31:20,120 Speaker 1: things that are kind of calling you back to the work, 698 00:31:20,160 --> 00:31:22,640 Speaker 1: like the notifications on your phone and just the the 699 00:31:22,680 --> 00:31:24,640 Speaker 1: awareness that if you are not working, you are not 700 00:31:24,680 --> 00:31:27,200 Speaker 1: making money. Like those are physical things that like, oh, 701 00:31:27,240 --> 00:31:29,080 Speaker 1: I need to be working. But then, like you said, 702 00:31:29,120 --> 00:31:31,000 Speaker 1: like there is just the stressful mental side of it. 703 00:31:31,040 --> 00:31:33,200 Speaker 1: And I feel like, honestly, this is the most insidious 704 00:31:33,440 --> 00:31:35,840 Speaker 1: aspect of gig work is that it is just constant. 705 00:31:35,880 --> 00:31:38,200 Speaker 1: It's always there. Uh, And so I think it would 706 00:31:38,240 --> 00:31:40,680 Speaker 1: take somebody with a lot of discipline somebody with like 707 00:31:40,880 --> 00:31:43,600 Speaker 1: very hard clear boundaries to understand that like, all right, 708 00:31:44,240 --> 00:31:47,680 Speaker 1: I am actively saying no to income by you know, 709 00:31:47,720 --> 00:31:50,560 Speaker 1: turning off notifications for the app for the next twelve 710 00:31:50,600 --> 00:31:53,320 Speaker 1: hours or or whatever it is, but understanding that you 711 00:31:53,360 --> 00:31:56,160 Speaker 1: have to proactively put measures in place to make sure 712 00:31:56,200 --> 00:31:58,880 Speaker 1: that this isn't going to wear on your mental health 713 00:31:58,880 --> 00:32:00,640 Speaker 1: and just destroy other things things in your lives that 714 00:32:00,680 --> 00:32:04,320 Speaker 1: are just even more important than maybe earning another buck, relationships, 715 00:32:04,480 --> 00:32:07,040 Speaker 1: your health, um, just mental health in general as well. 716 00:32:07,040 --> 00:32:10,120 Speaker 1: There are just so many different aspects that can start 717 00:32:10,160 --> 00:32:13,120 Speaker 1: to crumble when we let something like gig work seep 718 00:32:13,160 --> 00:32:15,200 Speaker 1: its way into our lives. Yeah, it makes me think 719 00:32:15,200 --> 00:32:17,120 Speaker 1: of the analogy that gave earlier with the rocks in 720 00:32:17,160 --> 00:32:20,440 Speaker 1: the sand, and it's like it can start to mentally 721 00:32:20,720 --> 00:32:23,600 Speaker 1: feel like your gig work is encroaching on your brain 722 00:32:23,640 --> 00:32:26,880 Speaker 1: like that right there, singing everywhere exactly. It's like glitters 723 00:32:26,880 --> 00:32:28,800 Speaker 1: like oh my gosh, I must respond, I must do something. 724 00:32:28,840 --> 00:32:31,440 Speaker 1: And yeah, I think that that is one of the 725 00:32:31,480 --> 00:32:34,080 Speaker 1: biggest downsides is that it can it can feel like 726 00:32:34,600 --> 00:32:36,920 Speaker 1: it's you're always on your it's and you always have 727 00:32:37,000 --> 00:32:40,440 Speaker 1: to respond, when in reality you don't. But with gig 728 00:32:40,480 --> 00:32:44,880 Speaker 1: work it can feel like that, especially when every single 729 00:32:44,920 --> 00:32:47,280 Speaker 1: gig that you make directly correspond to how much you're 730 00:32:47,320 --> 00:32:50,000 Speaker 1: gonna be able to save or invest or how much 731 00:32:50,000 --> 00:32:52,080 Speaker 1: money you're gonna have to buy groceries that month of this. Right, 732 00:32:52,080 --> 00:32:54,680 Speaker 1: but we we've got more to get to. Should you 733 00:32:54,720 --> 00:32:57,479 Speaker 1: consider gig work? When is it right? And then how 734 00:32:57,480 --> 00:32:59,520 Speaker 1: do you choose the best one for you? Well, we'll 735 00:32:59,520 --> 00:33:10,560 Speaker 1: talk about that right after this break. All right, we'll 736 00:33:10,600 --> 00:33:12,720 Speaker 1: back now that we've covered the some of the pros, 737 00:33:12,760 --> 00:33:14,520 Speaker 1: some of the cons the gig work has to offer. 738 00:33:14,600 --> 00:33:18,160 Speaker 1: We have discussed some of the good things that gig 739 00:33:18,160 --> 00:33:21,200 Speaker 1: work has done to employment in this country, and then 740 00:33:21,240 --> 00:33:24,440 Speaker 1: the insidious nature, the dark ways in which it can 741 00:33:24,560 --> 00:33:27,160 Speaker 1: have a hold on you. That's not good. Well, should 742 00:33:27,200 --> 00:33:29,680 Speaker 1: you consider doing gig work would be the question. And 743 00:33:30,280 --> 00:33:34,200 Speaker 1: when we're in tough financial situations, sometimes we don't have many, 744 00:33:34,240 --> 00:33:36,760 Speaker 1: if any options that we that we can take uh 745 00:33:36,800 --> 00:33:38,880 Speaker 1: when when it comes to work, the fact that gig 746 00:33:38,880 --> 00:33:41,840 Speaker 1: work exists, like we said earlier, is great, specifically for 747 00:33:41,840 --> 00:33:44,480 Speaker 1: people in who just lost a job and they're looking 748 00:33:44,520 --> 00:33:47,400 Speaker 1: for ways to pay the bills this week, this month, 749 00:33:47,680 --> 00:33:50,120 Speaker 1: Matt I'll be the first to admit the gig work 750 00:33:50,280 --> 00:33:52,239 Speaker 1: it's not really on my radar these days. I'm not 751 00:33:52,480 --> 00:33:55,000 Speaker 1: very interested. We've got a lot going on with the 752 00:33:55,040 --> 00:33:57,400 Speaker 1: podcast on our website and the stuff that we're pursuing, 753 00:33:57,640 --> 00:34:00,520 Speaker 1: and gig work would feel like another thing I have 754 00:34:00,560 --> 00:34:03,120 Speaker 1: to do that I'm not interested in jumping on. But 755 00:34:03,280 --> 00:34:05,239 Speaker 1: I have done some of the past. Actually, I think 756 00:34:05,280 --> 00:34:08,239 Speaker 1: I talked years ago about my one lift ride that 757 00:34:08,280 --> 00:34:09,880 Speaker 1: I gave because they had a sign up bonus of 758 00:34:09,920 --> 00:34:13,360 Speaker 1: a thousand dollars, which was like an error. I think 759 00:34:13,360 --> 00:34:15,479 Speaker 1: the programming language. It was like up for like five 760 00:34:15,480 --> 00:34:18,520 Speaker 1: hours before they before they pulled it. They quickly corrected 761 00:34:18,520 --> 00:34:19,840 Speaker 1: it because they knew they were going to lose a 762 00:34:19,880 --> 00:34:20,960 Speaker 1: lot of money, and they did, and I made a 763 00:34:21,000 --> 00:34:23,239 Speaker 1: thousand bucks for giving one lift ride. But one of 764 00:34:23,280 --> 00:34:26,879 Speaker 1: my favorite gig jobs was doing rapidfi. There are so 765 00:34:26,920 --> 00:34:29,279 Speaker 1: many car wrapping scam sites out there. I don't want 766 00:34:29,280 --> 00:34:30,759 Speaker 1: to tell people, yeah, I get your car wrapped and 767 00:34:30,760 --> 00:34:32,880 Speaker 1: make some side up side money, but there are I 768 00:34:32,920 --> 00:34:36,840 Speaker 1: believe one, maybe two that are not scam scam scam 769 00:34:36,920 --> 00:34:39,080 Speaker 1: artists and rapidfies. One will link to it in the 770 00:34:39,080 --> 00:34:41,640 Speaker 1: show notes, but I like that because I got paid 771 00:34:41,640 --> 00:34:44,279 Speaker 1: for every mile I drove with my car without having 772 00:34:44,360 --> 00:34:46,320 Speaker 1: to do regular work. I went in one time, I 773 00:34:46,400 --> 00:34:48,239 Speaker 1: got the rat put on, and then I just made 774 00:34:48,280 --> 00:34:51,400 Speaker 1: money because I was driving to different places. That is 775 00:34:51,440 --> 00:34:54,160 Speaker 1: my favorite kind of gigging. But yeah, running our own 776 00:34:54,200 --> 00:34:57,239 Speaker 1: small business and freelancing on occasion is great for me, 777 00:34:57,440 --> 00:35:01,200 Speaker 1: just not interested. But for some folks, um, I it's 778 00:35:01,320 --> 00:35:04,600 Speaker 1: worth considering, especially if you're in a place of like 779 00:35:04,960 --> 00:35:07,640 Speaker 1: immediate financial need. Yeah, and so something to consider is 780 00:35:07,640 --> 00:35:10,080 Speaker 1: if you've been able to put together a solid financial 781 00:35:10,120 --> 00:35:13,120 Speaker 1: foundation and you find yourself how to work like, maybe 782 00:35:13,160 --> 00:35:15,400 Speaker 1: the best course of action for you actually isn't too 783 00:35:15,440 --> 00:35:18,279 Speaker 1: immediately download an app and to to look to start 784 00:35:18,400 --> 00:35:21,000 Speaker 1: making some money. Maybe instead it's time for you to 785 00:35:21,040 --> 00:35:24,359 Speaker 1: invest in some self improvement. And that can vary, right, 786 00:35:24,560 --> 00:35:26,919 Speaker 1: whether that means getting a master's in something that you're 787 00:35:26,960 --> 00:35:29,840 Speaker 1: already interested in you could check out, like a certificate 788 00:35:29,840 --> 00:35:32,680 Speaker 1: program in a new field, or even just you know, 789 00:35:32,719 --> 00:35:36,040 Speaker 1: some downtime where you are able to reflect and to 790 00:35:36,160 --> 00:35:38,680 Speaker 1: think through what you want your life to look like 791 00:35:38,840 --> 00:35:41,440 Speaker 1: and what you want to spend your life doing. I 792 00:35:41,440 --> 00:35:44,359 Speaker 1: think this is going to be maybe particularly challenging if 793 00:35:44,400 --> 00:35:47,319 Speaker 1: you are super frugal, you know, just sitting there not 794 00:35:47,440 --> 00:35:50,719 Speaker 1: earning any money and instead uh, costing yourself money. I 795 00:35:50,760 --> 00:35:53,960 Speaker 1: think I would have a maybe difficult time not immediately 796 00:35:53,960 --> 00:35:57,880 Speaker 1: taking action. But we live in such a rushed society 797 00:35:57,920 --> 00:35:59,600 Speaker 1: that I think that the people need to hear this, 798 00:35:59,760 --> 00:36:02,200 Speaker 1: this counter cultural message. This is one way that I 799 00:36:02,200 --> 00:36:05,480 Speaker 1: think it might pay to be a nonconformist, to be 800 00:36:05,480 --> 00:36:07,920 Speaker 1: a little bit of a contrarian, and and to not 801 00:36:08,040 --> 00:36:11,160 Speaker 1: accept the always hustling kind of mentality where you're just 802 00:36:11,200 --> 00:36:13,720 Speaker 1: always just rushing off to your next gig, that Gary 803 00:36:13,719 --> 00:36:15,680 Speaker 1: Bayner Chuck style a living. I think we we do 804 00:36:15,800 --> 00:36:18,160 Speaker 1: too much of that, uh And instead sometimes what we 805 00:36:18,160 --> 00:36:20,560 Speaker 1: need to do is just reflect and maybe make better 806 00:36:20,600 --> 00:36:22,840 Speaker 1: decisions and fewer of them. Yeah. And I think the 807 00:36:23,400 --> 00:36:25,440 Speaker 1: less money that you have on hand, the less financial 808 00:36:25,480 --> 00:36:27,880 Speaker 1: security that you have, the more apt you are to 809 00:36:27,960 --> 00:36:30,440 Speaker 1: take a job where you're getting underpaid. More apt you 810 00:36:30,480 --> 00:36:32,719 Speaker 1: are just to take something quickly. And I've I've seen 811 00:36:32,760 --> 00:36:34,960 Speaker 1: friends do that. Matt. It's terrible. I hate it. I'm like, 812 00:36:35,000 --> 00:36:37,840 Speaker 1: you're smart, you're gifted, you have an education, like, you 813 00:36:37,920 --> 00:36:40,200 Speaker 1: have so much to offer, and you took this job 814 00:36:40,239 --> 00:36:42,399 Speaker 1: not because you wanted to do it and get paid less, 815 00:36:42,480 --> 00:36:44,480 Speaker 1: but because you felt like you had to because you 816 00:36:44,719 --> 00:36:47,480 Speaker 1: didn't have enough money and savings. And so that's why 817 00:36:47,600 --> 00:36:51,000 Speaker 1: we we are big fans of our listeners saving more money, 818 00:36:51,120 --> 00:36:53,799 Speaker 1: um having the financial resources to say no to things 819 00:36:53,840 --> 00:36:56,640 Speaker 1: that they don't want to pursue, not feeling like they 820 00:36:56,640 --> 00:37:00,520 Speaker 1: have to. And yeah, so let's say you are gig 821 00:37:00,560 --> 00:37:02,680 Speaker 1: work is going to work for you. You either just 822 00:37:02,719 --> 00:37:04,560 Speaker 1: want to do a part time or you are in 823 00:37:04,600 --> 00:37:07,480 Speaker 1: immediate need, and you're like, man, I feel like it 824 00:37:07,520 --> 00:37:10,839 Speaker 1: does make sense for me to do some gig work 825 00:37:10,840 --> 00:37:13,640 Speaker 1: on the side. Well, taking to consideration what you like 826 00:37:13,760 --> 00:37:16,800 Speaker 1: to do first, Just like we mentioned, it's worth thinking 827 00:37:16,840 --> 00:37:18,799 Speaker 1: through what you want your life to look like, right, 828 00:37:18,800 --> 00:37:22,040 Speaker 1: even if it's just temporary. It's it's not always all 829 00:37:22,120 --> 00:37:24,759 Speaker 1: about the money. But then consider if you have any 830 00:37:24,800 --> 00:37:27,600 Speaker 1: specific talents that you could use in the space and 831 00:37:27,719 --> 00:37:31,439 Speaker 1: look for those type of gigs specifically. The benefit here 832 00:37:32,000 --> 00:37:34,760 Speaker 1: is that if you have a specialized skill or talent 833 00:37:34,840 --> 00:37:37,000 Speaker 1: that you're able to put to use, then you're gonna 834 00:37:37,000 --> 00:37:40,280 Speaker 1: be compensated better for it. If you choose the lowest 835 00:37:40,320 --> 00:37:44,560 Speaker 1: hanging fruit, the easiest gig work, to that's most accessible. 836 00:37:44,840 --> 00:37:47,120 Speaker 1: It might be easier and quicker to sign up, but 837 00:37:47,320 --> 00:37:50,040 Speaker 1: you might not get paid the most. So make sure 838 00:37:50,040 --> 00:37:52,160 Speaker 1: you also factor in any cost that you're gonna incur 839 00:37:52,600 --> 00:37:55,360 Speaker 1: before believing that compensation hype. You know, we talked about 840 00:37:55,560 --> 00:37:57,759 Speaker 1: how much less you might actually make if you're doing 841 00:37:57,920 --> 00:38:01,000 Speaker 1: rideshare based on you know, hey, you're probably making this 842 00:38:01,080 --> 00:38:03,040 Speaker 1: much money, it's like, but they don't tell you what 843 00:38:03,040 --> 00:38:05,080 Speaker 1: the expenses are. Make sure you factor that stuff into 844 00:38:05,080 --> 00:38:07,280 Speaker 1: so you have a realistic picture of which you will 845 00:38:07,280 --> 00:38:09,839 Speaker 1: actually be making. That's right. Uh, And so let's kind 846 00:38:09,840 --> 00:38:11,279 Speaker 1: of talk about maybe some of the places that you 847 00:38:11,280 --> 00:38:15,480 Speaker 1: can look for different gigs for maybe some different flexible 848 00:38:15,520 --> 00:38:18,240 Speaker 1: work from home options to UH. If you are looking 849 00:38:18,239 --> 00:38:21,239 Speaker 1: for something along those lines, check out flex jobs dot com. 850 00:38:21,560 --> 00:38:23,480 Speaker 1: That's one of our favorite sites for you to turn to. 851 00:38:23,600 --> 00:38:26,439 Speaker 1: It isn't free, but man, it is the best site 852 00:38:26,480 --> 00:38:29,680 Speaker 1: for flexible job opportunities if you're going to look for 853 00:38:29,680 --> 00:38:31,520 Speaker 1: more of those, you know, these gig type jobs, like 854 00:38:31,560 --> 00:38:34,760 Speaker 1: we've been discussing side hustle dot com and that's Hustle 855 00:38:34,880 --> 00:38:37,719 Speaker 1: just h U s L. That's a great site with 856 00:38:37,760 --> 00:38:40,680 Speaker 1: reviews about the different side hustle jobs that you can pursue, 857 00:38:41,239 --> 00:38:44,640 Speaker 1: but especially if you are a creative, Fiber is going 858 00:38:44,680 --> 00:38:47,719 Speaker 1: to be a great site for you to define clients through. 859 00:38:48,000 --> 00:38:49,839 Speaker 1: That's one of the sites where it's definitely gonna pay 860 00:38:49,880 --> 00:38:53,520 Speaker 1: to have a particular niche that you excel at and 861 00:38:53,680 --> 00:38:55,520 Speaker 1: up work. That's another awesome site too, that makes it 862 00:38:55,600 --> 00:38:57,520 Speaker 1: really easy to look for work. All those are great 863 00:38:57,600 --> 00:39:00,480 Speaker 1: resources for you to look online, and we'll make sure 864 00:39:00,480 --> 00:39:02,359 Speaker 1: to link to all of those within our show notes. Yeah, 865 00:39:02,440 --> 00:39:04,759 Speaker 1: looking in the right place is, yeah part of it. 866 00:39:04,800 --> 00:39:07,120 Speaker 1: Don't necessarily just go with the gig that your friend 867 00:39:07,160 --> 00:39:09,520 Speaker 1: recommends or they've been doing for a little while. Do 868 00:39:09,600 --> 00:39:11,520 Speaker 1: your research and see if you can find something that 869 00:39:11,560 --> 00:39:15,279 Speaker 1: pays better or utilizes your skills even more than you know, 870 00:39:15,440 --> 00:39:18,160 Speaker 1: the just the gig that your neighbor down the street 871 00:39:18,200 --> 00:39:21,520 Speaker 1: is doing. And also, I think it's important when you're 872 00:39:21,520 --> 00:39:23,680 Speaker 1: thinking about gig work to always have an exit plan 873 00:39:23,760 --> 00:39:25,920 Speaker 1: in mind. One of the reasons that Matt, you and 874 00:39:25,960 --> 00:39:27,759 Speaker 1: I we like the site Fiber we think it's good, 875 00:39:27,800 --> 00:39:30,840 Speaker 1: it's because you'll be able to utilize some unique skills 876 00:39:30,840 --> 00:39:33,600 Speaker 1: that you have and continue to expand and refine your 877 00:39:33,640 --> 00:39:37,440 Speaker 1: ability to generate income. Pretty easily even outside of the 878 00:39:37,440 --> 00:39:40,239 Speaker 1: platform itself, like you could build up a book of 879 00:39:40,280 --> 00:39:44,440 Speaker 1: business and eventually kind of start your own thing. Starting 880 00:39:44,440 --> 00:39:46,840 Speaker 1: on fiber doesn't mean that you have to gig forever. 881 00:39:47,200 --> 00:39:49,760 Speaker 1: It could be the start of your own business. Really. 882 00:39:50,080 --> 00:39:52,840 Speaker 1: That's tougher to do though, when you're looking into something 883 00:39:52,880 --> 00:39:56,279 Speaker 1: like delivering packages. But whether it is using your gig 884 00:39:56,320 --> 00:39:59,400 Speaker 1: work as a stepping stone to building your own business, 885 00:39:59,440 --> 00:40:02,600 Speaker 1: or whether it is having like an end date in mind, 886 00:40:02,840 --> 00:40:06,319 Speaker 1: like I am gonna pound the pavement and find a 887 00:40:06,400 --> 00:40:09,399 Speaker 1: job and use my network and within the next six months, 888 00:40:09,680 --> 00:40:12,160 Speaker 1: my my goal is to be out of gig work altogether. 889 00:40:12,640 --> 00:40:15,200 Speaker 1: Or Yeah, if if your exit plan is just to say, 890 00:40:15,360 --> 00:40:18,200 Speaker 1: once I reached this certain level in savings, uh get 891 00:40:18,200 --> 00:40:20,279 Speaker 1: you know, gig work is helping me get there, and 892 00:40:20,320 --> 00:40:23,399 Speaker 1: then I'm done with it. Uh. Having an exit plan though, 893 00:40:23,440 --> 00:40:25,960 Speaker 1: and not just letting it go on in perpetuity is 894 00:40:26,120 --> 00:40:29,120 Speaker 1: a good approach when we're thinking through how gig work 895 00:40:29,160 --> 00:40:30,920 Speaker 1: should fit into our lives. Yeah, and I like what 896 00:40:30,960 --> 00:40:33,040 Speaker 1: you said to about five or but like, essentially what 897 00:40:33,040 --> 00:40:35,120 Speaker 1: you're what you're talking about there is using the skills 898 00:40:35,120 --> 00:40:37,880 Speaker 1: that you are gaining, that you're refining within that platform 899 00:40:38,040 --> 00:40:40,720 Speaker 1: to potentially turn that into something that you completely control 900 00:40:40,800 --> 00:40:44,360 Speaker 1: on your own, like outside of that platform where they 901 00:40:44,480 --> 00:40:46,360 Speaker 1: aren't taking a cut, where that they're not telling you 902 00:40:46,400 --> 00:40:50,120 Speaker 1: what to do, and you've got your own book of clients. Like, 903 00:40:50,160 --> 00:40:52,360 Speaker 1: being able to translate that into something you fully control, 904 00:40:52,400 --> 00:40:56,120 Speaker 1: into a like a bona fide business is huge eventually, 905 00:40:56,200 --> 00:40:59,160 Speaker 1: hanging your own shingle, giving your own clients, eating what 906 00:40:59,239 --> 00:41:02,040 Speaker 1: you kill, being the master of your own domain exactly. Yeah, 907 00:41:02,040 --> 00:41:04,359 Speaker 1: And so just being able to basically, like you said, 908 00:41:04,360 --> 00:41:05,839 Speaker 1: master of your own domain, Like you want to have 909 00:41:05,920 --> 00:41:08,279 Speaker 1: control over your future, and you're going to be able 910 00:41:08,280 --> 00:41:10,240 Speaker 1: to do that when you are the one calling the shots. 911 00:41:10,680 --> 00:41:13,840 Speaker 1: Generally speaking, like gig work is gonna unlikely be the 912 00:41:13,880 --> 00:41:17,080 Speaker 1: best answer for most folks in an ongoing way, right 913 00:41:17,320 --> 00:41:20,400 Speaker 1: because of the lack of benefits, the different downsides that 914 00:41:20,440 --> 00:41:23,400 Speaker 1: we mentioned, right, and fear or pay, no meaningful ability 915 00:41:23,440 --> 00:41:26,520 Speaker 1: to advance within the company. This isn't an awesome primary 916 00:41:26,600 --> 00:41:28,879 Speaker 1: work solution for most people. If we're talking about doing 917 00:41:28,880 --> 00:41:31,200 Speaker 1: it for years on end, it is awesome, you know, 918 00:41:31,239 --> 00:41:33,560 Speaker 1: Like we said, if you've lost your job, it can 919 00:41:33,600 --> 00:41:36,440 Speaker 1: bridge that gap pretty well. And it's also going to 920 00:41:36,520 --> 00:41:38,000 Speaker 1: be awesome if you have the savings or a debt 921 00:41:38,040 --> 00:41:40,480 Speaker 1: payoff goal and you're using gig work to help you 922 00:41:40,520 --> 00:41:43,200 Speaker 1: to achieve it more quickly in addition to your main gig. 923 00:41:43,440 --> 00:41:46,000 Speaker 1: But just know your timeline and the reason that you 924 00:41:46,040 --> 00:41:48,520 Speaker 1: are using that gig work, because we don't want it 925 00:41:48,560 --> 00:41:51,840 Speaker 1: to become your main gig, your main thing by default. 926 00:41:52,280 --> 00:41:54,560 Speaker 1: We kind of want you to be looking up towards 927 00:41:54,640 --> 00:41:56,440 Speaker 1: you know, towards the horizon for you to have a 928 00:41:56,520 --> 00:41:59,160 Speaker 1: game plan with your work. Yeah, the fact that gig 929 00:41:59,160 --> 00:42:02,759 Speaker 1: work exists, would say is in many ways a good thing. 930 00:42:03,000 --> 00:42:05,200 Speaker 1: If you lose your job tomorrow, you can provide for 931 00:42:05,200 --> 00:42:08,160 Speaker 1: yourself for your family because gig work is just sitting 932 00:42:08,200 --> 00:42:10,040 Speaker 1: there in the background waiting for you to tap into it. 933 00:42:10,480 --> 00:42:13,000 Speaker 1: And money isn't everything, Matt. I think some people might 934 00:42:13,280 --> 00:42:17,440 Speaker 1: find that being a dog walking gig worker works really 935 00:42:17,480 --> 00:42:21,080 Speaker 1: well for their lifestyle. They've got really low expenses, they 936 00:42:21,120 --> 00:42:24,560 Speaker 1: love doing this, they love all of those flexible benefits 937 00:42:24,560 --> 00:42:27,319 Speaker 1: the gig work provides. And if that job not only 938 00:42:27,560 --> 00:42:30,640 Speaker 1: pays the bills but provides a significant amount of like 939 00:42:30,719 --> 00:42:33,799 Speaker 1: work satisfaction and life satisfaction, then it's all good in 940 00:42:33,800 --> 00:42:36,400 Speaker 1: our book. Like We're not gonna hate on anybody who says, actually, 941 00:42:36,400 --> 00:42:38,239 Speaker 1: gig work is the right thing for me, and it's 942 00:42:38,239 --> 00:42:40,000 Speaker 1: the right thing for me to be doing on the leg. 943 00:42:40,360 --> 00:42:43,040 Speaker 1: But you know, as the gig economy grows, it does 944 00:42:43,160 --> 00:42:46,480 Speaker 1: threaten to change the relationship even more between employer and 945 00:42:46,520 --> 00:42:50,319 Speaker 1: employee than it has already. Uh. And it's important for individuals, 946 00:42:50,320 --> 00:42:54,160 Speaker 1: for consumers to know the gig work comes with significant downside, 947 00:42:54,280 --> 00:42:57,239 Speaker 1: mostly which most of them are financial in nature. And 948 00:42:57,280 --> 00:43:00,560 Speaker 1: while gig work does make sense in certain scenarios for 949 00:43:00,600 --> 00:43:04,200 Speaker 1: certain people, it's not a great choice. I think for 950 00:43:04,320 --> 00:43:07,279 Speaker 1: most folks. That's definitely true. Man. All right, let's go 951 00:43:07,280 --> 00:43:08,680 Speaker 1: ahead and get back to the beer that you and 952 00:43:08,719 --> 00:43:11,600 Speaker 1: I shared during this episode. Uh. This was a fluff 953 00:43:11,640 --> 00:43:14,000 Speaker 1: oh Sando, which when I sat at the beginning, folks 954 00:43:14,000 --> 00:43:16,440 Speaker 1: probably didn't I don't know, maybe he had no clue 955 00:43:16,440 --> 00:43:18,759 Speaker 1: what type of beer this is. But it is an 956 00:43:18,760 --> 00:43:23,719 Speaker 1: Imperial Milk style brewed with cocoa nibs, peanut butter, lactose, vanilla, 957 00:43:24,040 --> 00:43:27,440 Speaker 1: and natural marshmallow flavors. This is by Pipe Works Brewing. 958 00:43:27,440 --> 00:43:28,800 Speaker 1: What were your thoughts on this one? Doing? Right? So? 959 00:43:28,800 --> 00:43:30,920 Speaker 1: I have a couple of thoughts. One we should only 960 00:43:31,000 --> 00:43:34,120 Speaker 1: drink Imperial milkstouts from now on, because regular milkstouts are 961 00:43:34,120 --> 00:43:35,960 Speaker 1: a little boring and this one was not boring. Is 962 00:43:36,120 --> 00:43:38,560 Speaker 1: definitely not boring, definitely packed in some flavor. Uh, the 963 00:43:38,800 --> 00:43:41,400 Speaker 1: peanut butter, the marshmallow vibes. I felt like took this 964 00:43:41,480 --> 00:43:43,879 Speaker 1: to a whole new level. It made me like, I'm 965 00:43:43,920 --> 00:43:46,919 Speaker 1: not usually a huge milk stout guy, but this milk 966 00:43:46,960 --> 00:43:49,360 Speaker 1: stout is one I would definitely go back to because 967 00:43:49,600 --> 00:43:52,000 Speaker 1: of the fact that it was a little more robust, 968 00:43:52,160 --> 00:43:54,759 Speaker 1: like a little bit egger, and and then also it 969 00:43:54,920 --> 00:43:57,560 Speaker 1: had these other flavors going on. It wasn't just one 970 00:43:57,600 --> 00:44:00,880 Speaker 1: note lactose and or anything like that. Like, yeah, it 971 00:44:00,960 --> 00:44:03,400 Speaker 1: had kind of a well rounded flavor profile and it 972 00:44:03,480 --> 00:44:05,600 Speaker 1: was kind of unique. Yeah, it was also a little boozy. 973 00:44:05,640 --> 00:44:07,360 Speaker 1: I feel like that that was the first thing I noticed. 974 00:44:07,440 --> 00:44:09,160 Speaker 1: Some beers are able to use the flavors not to 975 00:44:09,239 --> 00:44:11,080 Speaker 1: mask it, but just to kind of incorporate that into 976 00:44:11,120 --> 00:44:12,720 Speaker 1: the beer, Whereas I felt like that was the first 977 00:44:12,719 --> 00:44:15,880 Speaker 1: thing I noticed with this beer. But you know, it 978 00:44:15,920 --> 00:44:18,400 Speaker 1: was a milk stout, but it's got sort of like 979 00:44:18,440 --> 00:44:20,480 Speaker 1: this more aggressive flavor profile. I guess that was like 980 00:44:20,520 --> 00:44:22,960 Speaker 1: maybe the imperial nature that you were kind of commenting on, 981 00:44:23,440 --> 00:44:25,640 Speaker 1: But like that lactose, it makes you it makes you 982 00:44:25,640 --> 00:44:28,200 Speaker 1: think of marshmallows. Right, there's lactose in this beer. But 983 00:44:28,239 --> 00:44:30,880 Speaker 1: it wasn't kind of like the overly sweet marshmallow like. 984 00:44:30,920 --> 00:44:33,520 Speaker 1: It was more like like a marshmallow that you're that's 985 00:44:33,520 --> 00:44:35,960 Speaker 1: caught on fire, like over the campfire a little bit. 986 00:44:36,000 --> 00:44:38,319 Speaker 1: And so it kind of had like this bitter edge 987 00:44:38,360 --> 00:44:41,120 Speaker 1: to it. I think it added to that robust nature 988 00:44:41,120 --> 00:44:43,000 Speaker 1: of this beer, wasn't It definitely wasn't just kind of 989 00:44:43,040 --> 00:44:46,000 Speaker 1: like a dessert milk stout. They definitely had that punch 990 00:44:46,040 --> 00:44:50,080 Speaker 1: that you oftentimes fine with maybe like a Russian imperial stout. Yeah, 991 00:44:50,160 --> 00:44:53,719 Speaker 1: not nearly as bitter as those usually are. But I 992 00:44:53,800 --> 00:44:55,640 Speaker 1: dug it, Manning. I thought it was really good pipe works. 993 00:44:55,760 --> 00:44:57,719 Speaker 1: They're out of what Chicago. They made good beers. So 994 00:44:57,920 --> 00:44:59,759 Speaker 1: I really enjoyed this one most definitely. And by the way, 995 00:44:59,800 --> 00:45:01,880 Speaker 1: have you had a fluff like a fluff of sandwich? 996 00:45:02,480 --> 00:45:03,680 Speaker 1: Never happen? I mean, I see him. It's like a 997 00:45:03,680 --> 00:45:06,000 Speaker 1: p B and J with like melton marshmallow or like 998 00:45:06,000 --> 00:45:08,600 Speaker 1: the marshmallow spread. Have you ever gotten that before? No? 999 00:45:08,719 --> 00:45:10,400 Speaker 1: Not really, but I think we had some when I 1000 00:45:10,400 --> 00:45:11,680 Speaker 1: was a kid back in the day. But it just 1001 00:45:11,719 --> 00:45:15,200 Speaker 1: seems like sandwich, right, Yeah, for sure, Like this is 1002 00:45:15,239 --> 00:45:16,759 Speaker 1: what they used to eat back in the sixties for 1003 00:45:16,840 --> 00:45:19,200 Speaker 1: lunch or send their kids to school with. And yeah, 1004 00:45:19,239 --> 00:45:20,920 Speaker 1: I like the beer form probably better than I like 1005 00:45:21,000 --> 00:45:22,799 Speaker 1: the sandwich for them, but I try that too. Well, 1006 00:45:22,760 --> 00:45:24,480 Speaker 1: all right, that's gonna be it for this episode. The 1007 00:45:24,480 --> 00:45:26,320 Speaker 1: listeners can find our show notes up on the website 1008 00:45:26,760 --> 00:45:28,719 Speaker 1: at how to money dot com. We'll make sure to 1009 00:45:28,760 --> 00:45:30,600 Speaker 1: link to some of the different resources and sites that 1010 00:45:30,640 --> 00:45:33,680 Speaker 1: we mentioned during this episode, no doubt, and if you 1011 00:45:33,719 --> 00:45:36,080 Speaker 1: haven't yet subscribed to the show, please do so. You 1012 00:45:36,120 --> 00:45:39,279 Speaker 1: get notified whenever we released an episode, and Matt, that's 1013 00:45:39,280 --> 00:45:42,080 Speaker 1: gonna do it. So until next time, best Friends Out, 1014 00:45:42,120 --> 00:45:43,040 Speaker 1: Best Friends Out.