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What Is a Good Side Gig Income for 2026?
Yahoo Finance· 2026-01-03 16:38
Group 1 - A significant portion of Americans are setting financial goals for the New Year, with 75% of those making resolutions focusing on increasing their income, driven by concerns over inflation and the labor market [1] - The average monthly earnings for Americans with side hustles decreased to $442.76 in 2025 from $688 in 2022, indicating a shift in side gig income trends [2] - The most common income range for side hustlers is between $51-$250, with 32.1% of respondents falling within this bracket, while about 10% earn over $1,000 per month, which skews the average higher [3] Group 2 - A Bankrate survey reported a higher average monthly income for side hustlers at $885 in 2025, slightly down from $891 in 2024 but up from $810 in 2023, suggesting variability in income across different surveys [4] - Earning between $500-$1,000 per month is considered close to or above average for side gigs, while lower earnings of $51-$250 are common among many side hustlers [5][6] - Individuals with aggressive financial goals, such as paying off debt or saving for a house, may need to aim for higher income ranges, acknowledging that averages can be skewed by top earners [7]
5 Unexpected New Year’s Resolutions That Can Make You Wealthier
Yahoo Finance· 2026-01-02 19:45
You’ve set new goals for the new year. Naturally, you’re working on your fitness. You’ve been meaning to travel. Improving your finances in 2026 is just as important to you, but you’re not sure where to start, beyond the standbys of finding a financial advisor or paying down debt. Fortunately, some creative and unexpected resolutions can help you build a stronger financial future in the upcoming year. Sometimes, thinking small can actually lead to major mindset shifts that help you save more over time. Y ...