Gen Z and Millennials are always looking for ways to increase their income—whether through job hopping for better salaries or picking up a side hustle. In fact, social media has helped normalize having multiple streams of income as creators share all their tips and tricks for having a side hustle. And of course, these gens also aren’t afraid to admit they need the money. This year especially YPulse data shows young consumers have been hit hard with the impacts of inflation and the ambiguous “recession” threat (45% say it’s already underway). So, with so many bills to balance, and still a hope to treat themselves where they can, multiple streams of income and side hustles are even more popular than in years past. Our Finance / Spending Monitor report shows how many 13-39-year-olds currently say they have multiple streams of income: One third of young consumers have multiple streams of income Overall, one third of young people (34%) are earning money from multiple streams of income, more than...
- Article