News

Actions

Survey: Millennials not lazy, actually working hard to make extra cash

Posted at 1:24 PM, Jul 12, 2017
and last updated 2017-07-12 22:13:27-04

Many think of millennials as a group of lazy and entitled people, but a recent report contradicts that thought, actually suggesting millenials are doing the exact opposite. 

In a new survey released by Bankrate, Americans are working more side jobs to make extra cash. The group that is working the hardest to save the most are millenials, people between the ages of 18 to 26. 

Some interesting figures: 

  • 28% have a way of making money on the side 
  • 25% make more than $500 a month working a side job (the median monthly income from a side job is $200)
  • 61% of millenials work a side job at least once a week
  • 96% of millenials work a side job at least once a month 

Sarah Berger, who works at Bankrate and helped with the survey, said the biggest surprise with this survey was the sheer amount of millennials who said they had "side hustles." 

"I think that there’s this stereotype that, as a country, we’re not hard workers, but that is simply not true, and the numbers this survey revealed are a testament to that.”

Additionally, the survey found more mothers are working side jobs to make extra income as well.

ABC15 spoke with a single mom who took on a side job to pay expenses as well as spend more time at home with her children. Nikki Aksamit works a full-time job but works a side job with her daughter, Reesyn, making jewelry and selling them online. 

"We're all trying to make a little bit of extra money to do those fun things with the kids or pay child care, legal fees," Aksamit said.