Thoughtful Money with Adam Taggart · Sunday, August 30, 2026
Adam Taggart points to the rise of the gig economy, where independent contractors often lack benefits like healthcare, retirement, paid time off, and job security. He suggests that this precarious situation forces individuals to seek other means of securing their future, frequently leading them to take on debt as a consequence.
“You know, I've been looking at, uh, the rise of the gig economy over the past decade.”
“And, you know, people who are working as independent contractors, they're not getting benefits, they're not getting retirement. They're not getting healthcare. They're not getting paid time off. And they're not getting job security.”
“And so, you know, what do you do when you're in that situation? You've got to find other ways to secure your future. And for a lot of people, that means taking on debt.”