Tuesday, September 29, 2020 Working one job may be turning into a thing of the past. According to a 2019 study, almost 45% of Americans (roughly 70 million people) report having some sort of side hustle. About a third of those surveyed also indicated that their side income went toward regular living expenses. For Millennials, this number is even higher with 50% reporting side hustles—and nearly 40% of these individuals are using the money to pay for monthly expenses such as utilities, rent, and student loan debt. With side hustles becoming a regular part of life for millions of Americans, we’ve compiled a list of some of the easiest ways to start earning extra money in your free-time.
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The next time they ask you to buy something that’s out of budget, tell them they can earn the money to buy it themselves. As an alternative, suggest that you’ll cover half the cost if they earn the other half. Talk to them about finding a summer job, the work they can do on weekends, or suggest a one-time gig they can initiate.
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5 Side Hustles Anyone Can Do
8 Ways for Kids to Make Money This Summer
The best way to teach children financial responsibility is by encouraging them to earn and manage money on their own. As the weather warms and summer nears, there are many opportunities for your kids to pull in some extra money.
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