Listen free for 30 days

Listen with offer

Sample
  • Earning Additional Income Through Side Hustles

  • Begin Earning Money Immediately
  • By: B. Vincent
  • Narrated by: Daniel Coker
  • Length: 15 mins

£0.00 for first 30 days

Pick 1 audiobook a month from our unmatched collection - including bestsellers and new releases.
Listen all you want to thousands of included audiobooks, Originals, celeb exclusives, and podcasts.
Access exclusive sales and deals.
£7.99/month after 30 days. Renews automatically. See here for eligibility.

Earning Additional Income Through Side Hustles

By: B. Vincent
Narrated by: Daniel Coker
Try for £0.00

£7.99/month after 30 days. Renews automatically. See here for eligibility.

Buy Now for £2.99

Buy Now for £2.99

Pay using card ending in
By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

Summary

Side hustles are a relatively new concept, dating all the way back to the 1950s. A side hustle is a way for individuals to generate money in addition to their normal jobs. The word has exploded in popularity over the last decade as more people explore methods to earn some extra money. It's no accident that its popularity has coincided with the rise of the gig economy—with the arrival of firms like Uber and Airbnb, many people can now earn an additional income without making drastic lifestyle changes.

If you're interested in finding ways to earn money in your leisure time, this is the guide for you. Chapter one discusses the benefits of side hustles, chapter two discusses internet side hustles, and chapter three discusses offline side hustles. By the end of this book, you'll be able to identify the ideal side hustle for your schedule and needs.

According to research Princeton University conducted in 2017, over 44 million Americans have a side hustle, spanning practically every demographic. The following statistics shed light on who engages in side hustles and why they do so:

  • Eighty-six percent of side hustlers do so on a monthly basis. This includes 96 percent of adults between the ages of 18 and 26, and 83 percent of people beyond the age of 26.
  • The quantity of money earned via side hustles varies significantly between generations.
  • Thirty-six percent of side hustlers earn more than $500 every month.
  • Fifty percent of baby boomers earn this amount of income, compared to just 19 percent of millennials, who earn an average of $200 each month.
  • The majority of people in their 50s and 60s make more than $1,000 each month.
  • Just over half of side hustlers use their earnings to pay required expenses, with only 46 percent viewing their earnings as disposable cash.
  • The way in which side hustle earnings are spent varies by gender, with women more than twice as likely as men to use them to cover expenses.

The real question is why all of these individuals have side hustles. The reasons vary from pragmatic to personal, and it can be an excellent opportunity to experiment with something new if you're considering a career shift or simply want a new interest.

As inflation continues to climb and wages remain stagnant, side hustles provide a measure of comfort to many individuals by demonstrating that they do not have to rely entirely on traditional job patterns for money. The concept of work has evolved significantly over the last few decades, and the growing popularity of side hustles is enabling an increasing number of individuals to combine work and play in ways that work for them.

©2021 B. Vincent (P)2022 B. Vincent
activate_samplebutton_t1

Listeners also enjoyed...

The Side Hustle Bible cover art
How to Make Money cover art
Passive Income Ideas in 2022 cover art
Passive Income Ideas: $100,000 Year Step by Step Guide cover art
Generate Passive Income - Passive Income Streams and Ideas in 2022 cover art
Win Competitions Online : The 3-in-1 Bumper Pack Special Edition Guide cover art
Metaverse Investing for Beginners and Specialists: An In-Depth Guide to Understanding and Investing in the Metaverse, Including Strategies to Earn with NFTS, Digital Land, Virtual Reality, and More cover art
Cryptocurrency: 3.0 cover art
Passive Income cover art
Digital Product Mastery cover art
Passive Income: The Holy Grail of Financial Freedom cover art
Passive Income: Proven Business Ideas for Anyone to Generate Passive Income Streams (Crack the Code to Make Money Online) cover art
Passive Income 2020 cover art
Online Side Hustle: Newbie-Friendly Guide for Making Your First $1,000 in Passive Income Each Month on Autopilot -- With 7 Proven Business Models Including Social Media, Shopify, and Amazon FBA cover art
Passive Income Ideas cover art
Work Life Balance, Work from Home, Side Hustle, Passive Income cover art

What listeners say about Earning Additional Income Through Side Hustles

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.