No Result
View All Result
  • Login
Wednesday, August 26, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Money

Americans Are Relying on Side Hustles to Pay Bills. Which Pay Best?

by theadvisertimes.com
3 months ago
in Money
Reading Time: 3 mins read
A A
0
Americans Are Relying on Side Hustles to Pay Bills. Which Pay Best?
Share on FacebookShare on TwitterShare on LInkedIn


Whether they’re delivering food late into the night, selling handmade crafts online or creating social media content with the hopes of landing a brand deal, nearly one in three Americans are turning to side hustles to make ends meet as essential costs rise.

Side hustles and small business creation boomed following the start of the pandemic, as inflation surged and remote work gave employees back time that would have otherwise been spent commuting.

Years later, prices are climbing again, and new research from Omnisend finds 28% of Americans have taken on a side hustle. Nearly half of them – 49% – started one in the past year, and about 54% said they took one up “to earn extra money for bills or essentials.”

A separate ZipRecruiter survey estimates the share of Americans with a side hustle is even higher, finding that 35% have an alternate income stream. Following a year of historically weak job growth in 2025, ZipRecruiter Economist Nicole Bachaud said people are relying on side hustles not only to cover essentials, but also to build a financial cushion because they fear layoffs in a job market that is weak outside of a few resilient sectors.

“The market sitting the way it did for the last year, I think a lot of people were saying, ‘If I were to lose my job right now, it would be really hard to find something else,’” Bachaud said. “Adding something on the side is just really to prepare themselves for the ‘what if’ environment.”

Who Has a Side Hustle?

Side hustles are popular across generations and income brackets.

Gen Z’s entrepreneurial mindset makes them the most likely to have one, but they’re not alone. Last year, a Bankrate survey found 34% of Gen Z, 31% of millennials, 23% of Gen X and 22% of baby boomers have sought one out.

And they aren’t just for people scraping by.

In fact, high earners are most likely to have a side hustle. The ZipRecruiter survey found that about 45% of those earning more than $150,000 do supplemental work, compared to about 31% of workers earning less than $25,000 and about 31% of those earning between $25,000 and $50,000.

“It’s the old adage: The more money you have, the easier it is to make money,” Kory Kantenga, head of economics for the Americas at LinkedIn, said. “For example, you today are an AI engineer and you’re working for a company. There’s a lot of AI consulting work there available to you. It’s just sitting there waiting for the taking.”

What Are the Most Popular Side Hustles?

E-commerce has emerged as the most popular way to make extra cash, with people selling handmade goods, secondhand items and various digital products on sites like eBay, Etsy and Facebook Marketplace.

The Omnisend report found of those with side hustles, about 46% sell or resell products online, 31% do freelance work and 21% do social media content creation or run a blog.

“People are going out less, especially if they have less money. They’re wearing their clothes less, wearing their shoes less – it’s easier to resell this stuff,” Greg Zakowicz, an ecommerce advisor to Omnisend, said, adding the popularity of resale markets leads him to believe Americans are asking, “How do I get the money for the least amount of effort?”

E-commerce seems to be an answer. Of respondents to the Omnisend survey, about 39% of e-commerce side hustlers said they make more than $1,000 each month. That’s compared to about 28% of freelancers, 26% of food delivery workers and 19% of content creators.

What Are the Most Profitable Side Hustles?

Using income data from Upwork, a BestBrokers analysis ranked popular side hustles based on their profitability and career potential.

It found that life coaches make the most per hour – $150 on average – but noted “demand depends heavily on personal brand and reputation.” Content creators for brands are next on the list, making an average of $40 per hour, though income is inconsistent early on. While income depends on traffic and conversions, affiliate marketers make an average of $37.50 per hour.

E-commerce freelancers, photographers, T-shirt designers, influencer marketing freelancers, copywriters and tutors all make upward of $30 per hour on average, the analysis said. It found photo editors, proofreaders, Canva designers, blog writers and digital artists earn upward of $20 per hour on average.

Zakowicz said those looking to start a side hustle should remember three things: time is money, understanding your finances is key and being realistic doesn’t hurt.

“The thing people don’t realize is you’ve got to look at that next step ahead,” he said. “That next step might be a cliff, and you got to be willing to pack a parachute.”



Source link

Tags: AmericansBillsHustlesPayRelyingSide
ShareTweetShare
Previous Post

XRP Price Set for New Volatility Cycle as CME Opens 24/7 Crypto Trade

Next Post

AI Just Broke One of Software’s Oldest Rules

Related Posts

6 Part-Time Jobs Retirees Can Explore Before the Holiday Hiring Rush

6 Part-Time Jobs Retirees Can Explore Before the Holiday Hiring Rush

by theadvisertimes.com
August 7, 2026
0

The weeks before the holiday hiring rush can be a surprisingly good time for retirees to decide whether a little...

Medicare Deadlines New Retirees Should Put on the Calendar Before Leaving Work

Medicare Deadlines New Retirees Should Put on the Calendar Before Leaving Work

by theadvisertimes.com
August 7, 2026
0

A 65-year-old retiring in November may have a completely different Medicare timeline from a 68-year-old leaving an employer health plan...

8 Side Effects of Aging That No One Prepares You For

8 Side Effects of Aging That No One Prepares You For

by theadvisertimes.com
August 7, 2026
0

Aging is often portrayed as a graceful journey filled with wisdom, leisure, and newfound freedom. While those aspects can certainly...

Stock news for investors: Quarterly earnings from Telus, Shopify, BCE, and more

Stock news for investors: Quarterly earnings from Telus, Shopify, BCE, and more

by theadvisertimes.com
August 6, 2026
0

The company reported a loss attributable to common shareholders of $1.8 billion or $1.17 per share for the quarter ended...

The world’s largest corporate holder of Bitcoin has been selling—should you be concerned?

The world’s largest corporate holder of Bitcoin has been selling—should you be concerned?

by theadvisertimes.com
August 6, 2026
0

While selling BTC is not alarming in itself, it seems to go against Executive Chairman Micheal Saylor’s public image as...

7 Warning Signs an Older Adult May Be Under Financial Pressure

7 Warning Signs an Older Adult May Be Under Financial Pressure

by theadvisertimes.com
August 6, 2026
0

It often starts with what seems like a harmless favor. A relative offers to help pay bills online. A new...

Next Post
AI Just Broke One of Software’s Oldest Rules

AI Just Broke One of Software's Oldest Rules

Fed’s Bowman warns against hiking interest rates due to inflation spike

Fed's Bowman warns against hiking interest rates due to inflation spike

  • Trending
  • Comments
  • Latest
Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

August 7, 2026
Biggerpockets Pro Members Can Now Turn Home Equity Into a Flexible Line of Credit With Aven

Biggerpockets Pro Members Can Now Turn Home Equity Into a Flexible Line of Credit With Aven

August 3, 2026
The 19 Largest Global Startup Funding Rounds of June 2026 – AlleyWatch

The 19 Largest Global Startup Funding Rounds of June 2026 – AlleyWatch

July 27, 2026
Fourth of July 2026 Freebies and Deals

Fourth of July 2026 Freebies and Deals

July 3, 2026
Kellogg’s Back to School Snacks Instant Savings: Save  off  Purchase + Deal Scenario!

Kellogg’s Back to School Snacks Instant Savings: Save $10 off $35 Purchase + Deal Scenario!

August 6, 2026
CVS Deals Under  This Week

CVS Deals Under $1 This Week

July 27, 2026
XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

0
Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

0
Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

0
The Unwinnable Iran War | Armstrong Economics

The Unwinnable Iran War | Armstrong Economics

0
Bezeq declares NIS 515m dividend

Bezeq declares NIS 515m dividend

0
AI Will Clarify What Asset Managers Are Paid For

AI Will Clarify What Asset Managers Are Paid For

0
XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

August 8, 2026
Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

August 8, 2026
Bitcoin outlook: ,000 or ,000 this weekend

Bitcoin outlook: $70,000 or $60,000 this weekend

August 8, 2026
Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

August 8, 2026
CEO of the world’s largest workspace provider says commuting will be extinct by 2040

CEO of the world’s largest workspace provider says commuting will be extinct by 2040

August 8, 2026
F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

August 8, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push
  • Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak
  • Bitcoin outlook: $70,000 or $60,000 this weekend
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.