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Starting a Side Hustle Should Come With a Warning Label — Here's What You Need to Know Not everyone who starts a side hustle will be successful — some unlucky individuals might find themselves even worse off than they began.
By Amanda Breen Edited by Jessica Thomas
Key Takeaways
- More than a third of American adults have a side hustle — an effective, flexible way to earn additional income.
- However, those who neglect a few critical steps might end up losing more money than they make.
More than a third (36%) of adults have a side hustle — and 32% of them believe they'll always need them to make ends meet, according to a Bankrate survey.
Although side hustles can be an effective, flexible way to earn some extra cash, starting and running them successfully isn't always easy.
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