4.6 • 682 Ratings
🗓️ 9 June 2023
⏱️ 9 minutes
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0:00.0 | This is the Ramsey Call of the Day, part of the Ramsey Network. |
0:10.8 | We've taken a lot of calls so far from young folks in their, you know, early 20s, 2021. |
0:16.9 | And this article right here is interesting. |
0:18.9 | It says almost half of Gen Zs have side jobs as money fears take over, according to Deloitte. |
0:24.8 | And here's the stat. |
0:25.6 | 46% of Gen Zers currently have either a full-time or part-time job in addition to their main one, a new Deloitte survey shows. |
0:33.7 | And the figure is slightly lower for millennials at 37%. |
0:36.9 | It goes on to say side jobs are on the rise as folks struggle to make ends meet. |
0:41.8 | Some of the most popular second jobs are selling products and services online, |
0:45.5 | working gig economy jobs like food delivery or ride hailing, artistic outlets, |
0:49.9 | or creating social media content as an influencer. |
0:53.3 | Look at that. |
0:56.5 | It says, while money is the top reason for having a side job, respondents also see it as a way to monetize their hobbies, |
1:00.7 | unplug from their primary job, expand their networks, and in some cases develop skills for a new |
1:05.8 | career path. And of course, the survey shows that cost of living is the biggest concern, |
1:11.5 | and it's especially pertinent as over half of each generation say they live paycheck to paycheck, 5% more than a year ago. |
1:17.8 | So here's what this tells me. |
1:19.0 | Obviously, there's a sad part to this of inflation's crazy or in debt like crazy. |
1:24.0 | People are trying to make ends meet, so they're turning to these jobs for those reasons but there's |
1:28.3 | a byproduct of this that i love that they mentioned which is it monetizes their hobbies it helps them |
1:34.8 | unplug from their primary job it expands their networks and helps them develop skills for a new career |
1:39.6 | path and i live this out in my 20s as i sat there with 4040,000 in student loan debt and credit card debt going, oh my gosh, I did everything the system told me to do, everything society told me to do. |
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