It turns out that when the going gets tough, the tough take on side hustles. According to an Insuranks survey from 2022, 93 percent of Americans have a side job. And their most common reasons for getting into the gig economy aren’t surprising: earning cash and paying bills. Inflation is high, after all, and every little bit counts.
Of course, most side gigs aren’t going to bring in millions. But even a modest one can free you up financially. Maybe you’ll be able to get a degree, take a vacation, or save for retirement. Or perhaps you can substitute a flexible hustle for your current part-time work to be home with your kids. That way, you won’t have to lose money to parent your way.
