In the best-case scenario, a side hustle could turn into a multimillion-dollar business that generates a passive income stream - but at the very least, starting a side gig could help pay some bills.
The majority of people with side hustles (82%) said starting a side gig helped them financially, and kept them from living paycheck to paycheck. Most with side hustles (57%) had savings equal to at least four months of living expenses.
For younger side hustlers, a way to an extra income doubles as a path to becoming more employable. 44% of Gen Z choose to start a side hustle in order to obtain skills for long-term careers.
One in five people with side hustles said they were business owners, too, selling products online or offering services like photography.
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