Young adults more likely to take on side hustles to meet savings targets: AsiaOne survey
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Lim started her part-time job as a swim coach as a university student for her monthly expenditures. Now, she works full time as a HR manager but continues her coaching job every weekend. Speaking to AsiaOne, the 24-year-old laments her busy schedule that oftYoung adults more likely to take on side hustles to meet savings targets: AsiaOne survey
Lim started her part-time job as a swim coach as a university student for her monthly expenditures. Now, she works full time as a HR manager but continues her coaching job every weekend. Speaking to AsiaOne, the 24-year-old laments her busy schedule that often extends into 10-hour work days. Despite that, she has never thought of quitting her side hustle, which makes up about five per cent of her current pay, to get more rest and time for her personal life. «I use [income from coaching] as spending money so that I don’t have to touch my main salary.» As a young adult without any significant financial commitments, she gives a portion of her full-time salary to her parents as monthly allowance and puts a majority of the remaining balance into her savings. Side hustle culture among Gen Z Lim is just one of many young adults with side hustles to support their income. To better understand the saving and investment preferences of its readers, including young adults, AsiaOne conducted a survey which received 1,190 valid responses. Read more