December 26th 2023.
Keke Palmer, the actress/TV personality, recently took to Twitter/X to advocate for side hustles and the need for multiple streams of income. She stated that depending on one source of income can lead to having no autonomy in the workplace.
"Thoughts on side hustles and multiple streams of revenue? I feel like they are necessary and the only way to create a sense of personal power in the work place," she wrote.
Many agreed with Palmer and shared their own experiences of managing a side hustle and a career. One person wrote, "For us regular corporate workers, be careful who you share your hustle and other job details with. Employers may not support you having multiple streams of income."
Statistics from a 2023 report and survey from LinkedIn, LendingClub, PYMNTS.com, and Bankrate back up Palmer's statement. The report estimated that more than 50% of the US has at least one side gig, and 53% of Gen Zers have a side hustle. 44% of those with side hustles feel they'll always need one.
The need for side hustles is attributed to several factors such as inflation, people being underpaid, and a weakening job market, as reported by CNBC.
It is clear that Keke Palmer has successfully raised awareness on the importance of having multiple streams of income and the need for side hustles.
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