Side Hustles
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X @Bloomberg
Bloomberg· 2025-12-02 15:34
Automakers have increasingly been doing what you’d expect when times are tough: looking to supplement their income with side hustles https://t.co/cTglcpBIoO ...
Nearly Half Of Gen Z Lives With Their Parents To Save Money — Here's How They're Cutting Costs Everywhere Else
Yahoo Finance· 2025-11-27 21:30
Core Insights - Nearly 50% of Gen Z lives with their parents to save money, indicating a trend towards multifamily living arrangements [1] - Approximately 40% of Gen Z engages in side gigs and freelance work to supplement their income, reflecting a proactive approach to financial stability [2] - A significant 64% of Gen Z regularly considers their financial future, suggesting a strong inclination towards financial planning and income generation through side hustles [3] Spending Habits - Only 26% of Gen Z adheres to a strict budget for vacations, while 43% find a balance between spending and saving for travel [4] - Gen Z shows a preference for experience-based purchases, with a focus on catching up on missed experiences post-pandemic [5] - Thrifting is prevalent among Gen Z, with 58% combining new clothing with secondhand items, indicating a shift towards sustainable consumption [6] Financial Consciousness - The findings from the Affirm survey highlight that Gen Z is financially conscious, with almost half avoiding credit cards and preferring debit cards for spending [7] - 37% of Gen Z actively maintain budgets, demonstrating a commitment to managing their finances effectively [7]
X @Decrypt
Decrypt· 2025-11-09 15:09
The 5 Hottest AI-Powered Side Hustles That Actually Seem Plausible► https://t.co/GdbHRVyiPD https://t.co/GdbHRVyiPD ...
How the Young Middle-Class Are Quietly Building Generational Wealth
Yahoo Finance· 2025-11-08 21:55
Core Insights - A financial revolution is occurring among the young middle class, focusing on strategic money management rather than quick wins [1][2] - This new generation emphasizes consistency and long-term planning as the keys to financial freedom [1][3] Investment Strategies - Automation in investing is prevalent, with younger individuals setting up recurring contributions to diversified portfolios, akin to subscription services [4] - Building emergency funds covering three to six months of expenses is a deliberate strategy to maintain investment during downturns and avoid debt [5] Income Generation - Many young individuals are pursuing additional income streams by acquiring high-value skills such as coding and digital marketing, leading to higher-paying jobs or freelance opportunities [6] - Side hustles are not merely for extra cash; they provide flexibility, diversify income, and enhance financial independence [7] Housing Trends - The concept of house hacking, where individuals live in one unit of a multi-family property while renting out others, is becoming increasingly popular [8]