This uncertainty makes it difficult for gig workers to budget and plan their finances.
One of the primary challenges for gig workers is income volatility. Unlike traditional jobs that provide a steady paycheck, gig work can be unpredictable. The availability of gigs can fluctuate based on market demand, seasonal trends, or changes in platform algorithms. This uncertainty makes it difficult for gig workers to budget and plan their finances. For high school students relying on gig work for their income, this instability can be particularly stressful, as it can affect their ability to save for future goals such as college or personal expenses.