Survey: 36% earn extra money from a side gig, many just to pay bills

The video discusses the growing trend of Americans taking on side gigs to supplement their income. While side gigs bring in additional money, many people rely on them to cover basic expenses like rent and groceries. A survey shows that 36% of adults have a side gig, with a slight decrease from 2023 but a significant increase from pre-pandemic levels. The video highlights the challenges faced by side hustlers, such as burnout and the need for extra income to make ends meet. It also explores the demographics of side hustlers, noting that parents of young children are more likely to have side gigs. Despite the challenges, side hustlers earn an average of $891 per month, which is $80 more than the previous year.

What is one of the main reasons Americans are taking on side gigs?

• To travel more

• To invest in stocks

• To pay for basic living expenses

• To save for retirement

According to the survey, what percentage of adults earn extra money through side gigs?

• 25%

• 36%

• 50%

• 60%

What is a common belief among nearly one-third of side hustlers?

• They will save all the extra income

• They will always need a side gig to make ends meet

• They will eventually quit their side gig

• They will use the money for luxury purchases

What is the average monthly income from side hustles as mentioned in the transcript?

• $500

• $700

• $891

• $1000

Which group is more likely to have a side hustle according to the transcript?

• Single adults with no children

• Teenagers

• Retirees

• Parents of young children