With 62% of Americans Living Paycheck to Paycheck Amid Inflation, More People Have a Side Job

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With 62% of Americans Living Paycheck to Paycheck Amid Inflation, More People Have a Side Job
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As it gets harder to keep up with higher prices, more people have picked up a side job to improve their financial standing, according to a new report.

"What is clear: No matter your income bracket, having supplemental income greatly impacts financial stability and can often mean the difference between living without difficulty and living paycheck to paycheck and struggling to pay monthly bills," Nayar said.

Instead of — or in addition to — earning more to help cover monthly expenses, consumer finance expert"Inflation has likely thrown your spending and savings plan out of whack," she said. Start by going over your expenses and negotiate with current providers, or cut costs where you can, such as increasing your auto or homeowners insurance deductible to lower your monthly premium.

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