Study: 44 Percent Supplement Income with Side Hustle

By:
Chris Gaetano
Published Date:
Jul 13, 2017
STORY NO.6

The days where having one job and one job only seem to be fading into the past, as a recent survey has found that 86 percent of people supplement their income with a side gig of some sort or another, according to CNN Money. The survey, conducted by personal finance website Bankrate, found that those between the ages of 18 to 26 are the most likely to have a side gig, though only 19 percent of those 18 to 36 make more than $500 extra a month doing it. In contrast, of those 50 and older, half make more than $500 with their own side gig. Overall, 32 percent make more than $500 a month from their other jobs. Over half of those with side gigs use their proceeds for expenses, versus savings or investment. 

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