Why American side hustles are so popular, here to stay: economists

Jul 12, 2024 · Forty-five percent of Americans with side hustles use them to pay off debt and regular living expenses, Bankrate found last year. $250 per month is “by no means enough to …

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Why American Side Hustles Are So Popular, Here To Stay: Economists

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Jul 12, 2024 · Forty-five percent of Americans with side hustles use them to pay off debt and regular living expenses, Bankrate found last year. $250 per month is “by no means enough to …

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More Than 1 In 3 Americans Have A Side Hustle, But They’re …

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Jul 11, 2024 · The side-hustle craze is only becoming more lucrative. In 2023, extra work aside from one’s primary income resulted in an extra $810 per month; this year, it’s up to $891.

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Survey: 39% Have A Side Hustle, And 44% Believe They’ll ... - Bankrate

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Nearly two in five (39 percent) U.S. adults have a side hustle, according to Bankrate, meaning they earn money outside of their primary job, money from a family member, trust fund or any other main source of income. Side hustles are more popular among younger Americans, as 53 percent of Gen Zers (ages 18-26) and 50 percent of millennials (ages 27-4...

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Survey: More Than 1 In 3 Americans Earn Money Through Side …

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Jul 10, 2024 · Side hustling is bringing in more money year-over-year. The average side hustlers say they make $891 on average per month in extra income aside from their main source of …

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Experts Say Americans Are Approaching Side Hustle Spending All …

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The hustle is back in style. In a recent 2,300-person survey, more than one in three U.S. adult respondents (36%) told Bankrate they have a side hustle. The side-hustle craze is only …

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Looking For Side Hustles? Here's How Americans Are Earning Extra …

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Jul 27, 2024 · The gig economy is still big in the U.S. and growing. More than a third (36%) of U.S. adults are working a side hustle – earning money in addition to their main source of …

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People Are Earning More From Side Gigs And Needing Them Less

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Jul 10, 2024 · The average side gig now nets $891 a month, up 10% since 2023 — well ahead of inflation. The findings add up to “a more positive view” of the side-hustle economy, said Ted …

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77% Of Americans Have A Side Hustle To Cover Their Day To Day …

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Aug 20, 2024 · Nearly three-quarters (72%) of American men have a side hustle. American women are close behind at 66%. More than one-quarter (27%) of Americans’ side hustles …

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More Americans Are Relying On Side-hustle Money To Make Ends …

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June 21, 2022, 11:53 AM PDT. About 41% of Americans who have a side gig report that they need the additional income to pay for the cost of living, according to a new Bankrate survey. …

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Are Side Hustles The New Normal? 54% Of Americans Say

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Aug 16, 2024 · Key Findings. More than half (54%) of Americans say they’ve adopted a side hustle to supplement their primary source of income in the last 12 months. Gen Zers are most …

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What Side-hustlers Are Really Making - BBC

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May 4, 2023 · 34-year-old Sira Masetti makes about £3,500 ($4,365) per month off her side hustles (Credit: Courtesy of Sira Masetti) Another reason these creators may keep their full …

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Side Hustle Jobs: American Workers Turn To Gig Economy To

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Jun 7, 2019 · On a more promising note, 31% of millennials say they've taken on a side hustle in order to boost their savings. "That's a positive thing," Dixon said, "because a lot of people are …

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More Americans Rely On Side Hustles - LinkedIn

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Jul 18, 2024 · Side hustles reign supreme. More than a third of American adults now have one, according to a new Bankrate survey. They're bringing in an extra $891 a month on average, …

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Americans Are Keeping The Side Hustle Alive In Pursuit Of A

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Aug 24, 2022 · As of June 2022, 44% of Americans are working at least one extra job, which underscores the staying power of this trend. While there hasn’t been a notable increase in side …

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Top Side Hustle Trends For 2025, According To The Experts

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Sep 3, 2024 · According to DollarSprout’s 2024 Side Hustle Study, which revealed that nearly 70% of Americans now have a side hustle, it’s clear that the gig economy is becoming an …

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FAQs about Why American side hustles are so popular, here to stay: economists Coupon?

Why do 1 in 3 Americans work a side hustle?

Here's why 1 in 3 Americans do it. The gig economy is still big in the U.S. and growing. More than a third (36%) of U.S. adults are working a side hustle – earning money in addition to their main source of income – according to a new Bankrate survey. ...

How much money does a side-Hustle Make A month?

The side-hustle craze is only becoming more lucrative. In 2023, extra work aside from one’s primary income resulted in an extra $810 per month; this year, it’s up to $891. Not everyone is equally invested in the practice: Men are bigger side hustlers than women, and younger workers are more likely to side hustle than older folks. ...

Why are so many people looking for a side hustle?

High inflation and rising housing costs, in addition to regular monthly bills and the desire to travel and save money, are causing more people to look to side hustles, Rossman said. "Americans are still finding that one job isn't enough. The cost of living has risen sharply in recent years," he said. ...

Can a side hustle increase your income?

One of the popular ways to increase your income is to start a side hustle. Today, more than one in every three Americans reports having a side hustle outside of their day job to generate additional income. ...

Are men more invested in side hustles than women?

Not everyone is equally invested in the practice: Men are bigger side hustlers than women, and younger workers are more likely to side hustle than older folks. (Men also outearn women in side hustles, as they do in the primary job market; the average male side hustler earns $1,034 per month, while women $735 on average.) ...

Are You using Your Side Hustle to support your basic necessities?

However, Ted Rossman, a senior analyst at Bankrate, told Fortune that respondents aren’t actually using their side hustles to support their basic necessities. Rather, they’re using the extra cash for discretionary purposes—shopping for non-essentials . ...