The rise of the side hustle

Whether it’s to meet a financial need, test driving a new career or to fulfil a lifelong passion, the way we work is evolving and more people have second jobs or “side hustles” than ever before – according to a landmark report.

In collaboration with the Centre for Economics and Business Research (Cebr), an in-depth study by Utility Warehouse (UW) indicates one in three Britons have taken on a second job or side job to generate more income, with the equivalent of over 20 million now defined as Multi-income individuals (‘Miis’).  Furthermore, almost half of the UK’s workforce (47%) are predicted to earn extra income by 2025 – up from 10% in 2017.

As we move away from the traditional 9 to 5, the side hustle has grown in popularity.  Indeed, hard-working Brits can earn almost £10,000 a year through a side-hustle or second job to supplement their main salary, earning on average around £780 each month from their secondary income.

Aston spoke to financal journalist and TV presenter Jasmine Birtles and Andrew Lindsay (MBE), co-CEO of Utility Warehouse and Olympic gold medalist.

Photo by Colin Watts on Unsplash