Financial planning: Freelancers need a more flexible investment strategy

They should be able to stop investing and also withdraw money from their investments whenever their cash flows decline

Over the past few years, both globally as well as in India, there has been a significant expansion of the gig economy, which refers essentially to the creation of flexible jobs using freelancers, part-time, temporary or short-term contract employees, instead of full-time employees. Since the cash flows of gig workers tend to be more irregular and lumpy, they need to plan their finances differently from regular, full-time workers.
 
Employer-employee needs driving the shift: About one third of the US working population today is in some way a part of the gig economy. India, too, now has among the largest