The Gig Economy is a term that has been thrown around a lot in the past few years. But what exactly is it? And why should you care? In short, the gig economy is an economy built on short-term contracts or gigs. It’s essentially a way of life for many millennials, who are choosing to freelance or work contract-to-contract instead of taking on traditional 9-5 jobs. There are pros and cons to the gig economy, but it’s important to understand what it is before you make any decisions about whether or not to join it.