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Freelancing Won’t Help You Build Wealth, But Doing This Might

Freelancers rarely own a stake in the work that they do, which can make it harder to build wealth over time.

The gig economy is here, it’s real, and it’s global. According to a report by the Freelancers Union, 34% of American workers can now be classified as freelancers. And while that number is a subject of some debate and includes your Uber driver, it encompasses a growing number of white-collar workers as well—people who offer legal, financial, accounting, or design services on demand.

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