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PREVIOUS:You may sustain a long-term, lucrative career by approaching your gig work as a business and putting productivity & self-care techniques into practice. The gig economy offers plenty of chances for success, but it also has some common pitfalls that, if you don't watch out for them, can limit your earning potential. Paying too little attention to taxes and other costs related to your gig work is one of these traps. When someone works gigs, they frequently have to pay for their own taxes, insurance, and other expenses, unlike those in traditional employment. It's important to keep up with tax laws and deductions that apply to independent contractors as well as to set aside a portion of your earnings for these expenses. Not giving enough thought to security & safety when working in the gig economy is another typical mistake.NEXT:Due in large part to the widespread use of mobile applications that allow people to work for themselves, the gig economy has grown significantly in recent years. For people looking for part-time work or additional income, these platforms provide a variety of options. Providing different skilled services, grocery delivery, and ridesharing driving are some of the options. Choosing an application that fits one's interests and skills is crucial if one wants to make the most money in the gig economy.