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Americans turn to side hustles to fight inflation

MISSION, Kan., September 1, 2022 /PRNewswire/ — (Family Features) As inflation rises, many Americans are looking for ways to earn extra money to reach their financial goals faster, save for a big purchase or just make ends meet. In fact, 41% of Americans need extra income from sources like side businesses, according to a Bankrate survey, up from 31% in 2019.

Photos courtesy of Getty Images

The booming gig economy and a variety of side hustle options may be a solution for some. One option, the Spark Driver platform, powers delivery services for Walmart, Sam’s Club and other retailers, allowing drivers to deliver everything from groceries and cleaning supplies to tools and home decor . Available in more than 600 cities and all 50 states, the platform allows independent contractors to earn money by delivering or buying and delivering orders in flexible and convenient time slots of their choice.

What is a Side Hustle?

Different from a full-time or part-time job, a side hustle is a flexible way to provide services while being your own boss. You control which opportunities you want to pursue and can independently supplement your main income or fill the job gap. Side hustles can even provide opportunities for people who can’t work in traditional jobs. In fact, 93% of Americans have a side business, according to a study by insuranks.com, and 44% of survey respondents said they do it to make ends meet. Gig opportunities, like shopping orders and delivering goods using your personal vehicle, are increasingly popular as side activities.

Benefits of side hustle

While most people turn to side businesses because of the potential for additional income, there are other benefits that may make them suitable for you and your situation, such as:

  • Flexibility and Convenience: Available almost anywhere at times that suit your schedule, side hustles allow you to be your own boss and earn extra money whenever you want. Be sure to pick one that fits your schedule and can be done anytime. Many offer different time windows to complete service and let you choose where you’re ready to travel, making it easier to plan around other obligations.

  • Earning Potential: Many people turn to side hustles as a supplement to full-time positions with specific money-oriented goals. For example, most drivers on the Spark Driver platform drive as a secondary source of income. In order to achieve a desired goal, it is important to know how much you can expect to earn. When receiving an offer, the platform will display the minimum amount you earn to make the delivery, so drivers know their earnings before accepting offers. Most deliveries also allow for tipping, and incentives and referrals create additional opportunities to increase revenue.

    “The Spark Driver platform has made a huge difference in my life”, driver Christina Hinssen said. “It gives me the ability to make deliveries whenever I want and I can spend more time with my daughter. It has given me extra money to pay for my car and make extra payments to pay off my house. “

  • Simplicity: The ideal secondary activity is one that can be carried out without heavy investment or training. Many gig opportunities offer quick registration processes through easy-to-use apps and only require a background check, a smartphone, a valid driver’s license, and a working vehicle.

Learn more about how to earn extra money from gig opportunities by visiting drive4spark.com or downloading the app.

Photos courtesy of Getty Images

Michael French
mfrench@familyfeatures.com
1-888-824-3337
editors.familyfeatures.com

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The leading source of high-quality food, lifestyle and home & garden content, Family Features provides readers with tips, takeaways, information, recipes, videos, infographics and more. . Find articles and additional information on Culinary.net and eLivingToday.com.

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