Published on 28 Jul 2023 on Insider Monkey via Yahoo Finance

15 Best Side Hustles From Home

In this article, we will look at the 15 best side hustles from home. We have also explored some interesting insights on side hustles that make atleast $1000 a month. If you want to skip our detailed analysis, head straight to 5 Best Side Hustles from Home.

How Common are Side Hustles in the US?

Nearly 2 in 5 American adults have a side hustle, who work alongside their primary jobs to earn extra money due to inflation and rising costs. About 28 percent of side hustlers believe they will always need additional income to meet expenses, and 26 percent expect to maintain a side gig for discretionary spending. Despite a strong job market, the prevalence of side hustles is surprising. Younger generations, particularly Gen Z at 53 percent and millennials at 50 percent, are more likely to have side hustles than Gen X at 40 percent and boomers at 24 percent. For those aged above 50, cultivating a side hustle can help boost retirement savings and handle increasing expenses. Speaking of retirees, you can check our article on part-time retirement jobs that pay well.