Working a full-time job may not always be enough, with the limited income and the uncertainty of job stability, people have started to look for other sources of income. One interesting option is side hustles. Side hustles are a great way to earn extra income and channel passion and creativity into a rewarding experience. It’s exciting to explore various gigs that allow you to pursue your interests while also making some money. In this blog post, we will explore different fun facts about side hustles that will educate and inspire you.
1. Side Hustles Are Worth Billions
Side hustle jobs include a vast variety of work opportunities such as freelance writing, photography, online tutoring, and social media influencing, just to name a few. According to a survey in 2019, around 45% of American adults have a side hustle on the side of their primary job to earn extra income. That means that side hustles are worth $3.5 trillion in the United States alone.
2. Side Hustling Is Not Just For Millenials
Contrary to popular belief, millennials are not the only demographic that participates in side hustles. In fact, the highest percentage of individuals who have a side hustle in the United States are those who are 35 to 44 years old. Older generations are looking forward to earning extra money to be financially stable in the future.
3. Side Hustles Can Ignite A New Passion
Not only are side hustles financially rewarding, but they also offer an opportunity to engage in something that you might never have tried before. For example, someone who works in an office all day may discover that they love photography by taking photos and selling them online. Side hustles give you the chance to explore various opportunities and discover something that you genuinely enjoy.
4. Side Hustles Offer Flexibility
Most side hustles are either freelancing or offering services online. That means that you are in control and can manage your work schedule and hours according to your needs. You can choose which projects you take on, and if you feel like taking a break, you can always do that too. Side hustles give you the power of controlling your work-life balance.
5. Side Hustles Can Complement Your Primary Income
We all have different financial goals, such as paying off debt, saving for a house, traveling, or investing. Side hustles can provide an extra boost to your income while also keeping you motivated and encouraged. By allocating money purely from your side hustle, you can invest it in your financial goals and achieve success quicker.
Keep Exploring!
Hope you enjoyed these fun facts about side hustles! Exploring side hustles can be a fun and exciting experience that can boost your income and lead to significant personal growth. With time, passion, and perseverance, they can be a money-making venture and offer the flexibility and excitement that a typical job might not provide. Keep exploring and make the most out of your side hustle journey!
Be sure to check out other inspiring articles on the Mattie Hacks Marketing Blog. And let us know what topics you’d like to see discussed in the comments. Hope you enjoyed!