Do you have a child, grandchild or other close relative working in the gig economy, the temporary labor market of short-term contracts or freelance work as opposed to permanent jobs? Do they have a plan for financial security?
If not, encourage them to develop a relationship with a local banker, preferably one you or another family member already know and trust. The gig worker can benefit from the banker’s experience with known family members when it comes to assessing their financial needs. Click here to read the full article.