{"id":18411,"date":"2023-05-09T03:00:00","date_gmt":"2023-05-09T03:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4091672_AE91672_0"},"modified":"2023-05-09T03:00:00","modified_gmt":"2023-05-09T03:00:00","slug":"3-in-5-people-have-side-job-to-help-make-ends-meet-herbalife-asia-pacific-survey","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=18411","title":{"rendered":"3 in 5 people Have Side Job to Help Make Ends Meet – Herbalife Asia Pacific Survey"},"content":{"rendered":"

SINGAPORE<\/span><\/span>, May 9, 2023<\/span><\/span> \/PRNewswire\/ — Herbalife, a global health and wellness company and community, released the findings of its 2023 Asia Pacific Side Job Survey which<\/span> showed that almost<\/span> 3 in 5 (59%) respondents have a side job, and the top reason for doing so is to make ends meet (61%). Other reasons for starting a side job included dealing with the rising cost of living (44%) and being less reliant on a single source of income (43%).<\/p>\n

The survey was commissioned by Herbalife and conducted via One Poll<\/span> in Australia<\/span>, Indonesia<\/span>, Malaysia<\/span>, Philippines<\/span>, Singapore<\/span>, Taiwan<\/span> and Vietnam<\/span> among 5,500 respondents.<\/p>\n

More than half (56%) said their current financial situation makes it difficult to pay for necessities like food, utilities, and medicine. Seven in 10 (72%) admitted that they were equally, if not more worried, about money now than a year ago. In addition, 56% said that they have no idea what their financial future looks like, and for some, this is having a negative effect on their mental health.<\/p>\n

When asked about their side jobs, selling products on e-commerce websites; content creation; and writing, editing or proofreading were the most common \u2014 while direct sales, otherwise known as network marketing, came in as the fourth most common side hustle. APAC respondents with a source of additional income said, on average, they’d need to earn between US$300<\/span>–$700<\/span> per month to live comfortably.<\/p>\n

“The increased cost of food, housing and natural resources have affected communities globally, causing people to search for supplemental income streams. The direct selling opportunity has existed for more than a century – it provides a way to ease people’s financial situation and, more importantly, a support system to achieve one’s goals,” said Stephen Conchie<\/span>, Herbalife’s regional president of Asia Pacific<\/span> and China<\/span>.<\/p>\n

“Whilst having a side job can provide more financial flexibility, a sense of security and the means to make ends meet, it’s important for individuals to choose a side job that’s right for them,” said Conchie. “Direct selling offers time flexibility and low start-up costs. It’s also an opportunity to market a product or service you’re passionate about, which helps ensure you’ll dedicate the necessary time and effort.”<\/p>\n

The survey also revealed the differences in how Millennials and Gen Zs viewed side job compared to other age groups:<\/p>\n