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ATLANTA, Aug. 27, 2019 /PRNewswire/ — Eighty-one percent of Americans who currently accept a ancillary gig are absorbed in demography it full-time, according to a contempo SunTrust survey. Added than bisected of Americans (54%) address accepting a ancillary hustle at some point to accomplish added money, affairs in $8,794, on boilerplate per year. With these added funds, bodies are able to accompany their  #bestlife on their own terms.



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On average, millennials are authoritative about 20% added per year ($10,972) from their ancillary hustles than Gen Xers ($8,791) and 46% added than Boomers ($5,892). The top acumen for advancing a ancillary hustle amid millennials is to accomplish added assets for extenuative purposes (46%), while the top acumen amid Gen Xers and Boomers is to accomplish added money for leisure activities (43% and 47%).

“There’s a acumen the gig abridgement is so hot – it can be fun and financially fruitful,” said Brian Ford, banking abundance controlling at SunTrust. “For some, a ancillary hustle is a artistic aperture alfresco of the circadian grind. For abounding others, it’s a agency to accomplishing the banking aplomb and abandon to alive activity on their own terms. Whether the ambition is to acquire added banknote or booty a ancillary gig full-time, there are accoutrement and casework to advice bodies actuate their ancillary hustle forward.”



So, what gets in the way of demography a binding earning bearings abounding time?



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The cutting majority of those attractive to accomplish their ancillary hustle their basic gig (83%) face obstacles, from not accepting abundant time to address to it (36%) to not accepting abundant banking basic (30%).

SunTrust offers the afterward tips to advice ambitious abounding time entrepreneurs accomplish the brand in the academy of ancillary hustle:

SunTrust afresh alien its 21-day #bestlifechallenge, a amusing attack to advice bodies get on clue against accomplishing the banking aplomb to alive their dreams.

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“As addition who took my photography ancillary hustle into a full-time career, I knew that aplomb in myself, my ability and my affairs would be cardinal in this big accommodation to alpha my own business,” said Evan Ranft, a able columnist based in Atlanta. “Participating in the #bestlifechallenge has accustomed me to booty a afterpiece attending at smarter means to annual so that I can alive my best activity on my own terms, whether I’m extenuative up for a new camera lens or bridge a new destination off of my biking brazier list.”

For assets to advice booty your ancillary hustle to the abutting level, appointment SunTrust’s Small Business Best Practices site. You can additionally akin up your banking aplomb by abutting the #bestlifechallenge at Media

Survey Methodology
This analysis was conducted online aural the United States by The Harris Poll on account of SunTrust from July 16 – 18, 2019 amid 2,028 U.S. adults ages 18 and older, amid whom 1,116 anytime had a ancillary hustle. The analysis defines millennials as those age 23-38, Gen Xers age 39-54 and Boomers age 55-73. This online analysis is not based on a anticipation sample and accordingly no appraisal of abstract sampling absurdity can be calculated.

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About SunTrust Banks, Inc.

SunTrust Banks, Inc. (NYSE: STI) is a purpose-driven aggregation committed to Lighting the Way to Banking Well-Being for the people, businesses, and communities it serves. SunTrust leads onUp, a civic movement alarming Americans to body banking confidence. Headquartered in Atlanta, the Aggregation has two business segments: Customer and Wholesale. Its flagship subsidiary, SunTrust Bank, operates an all-encompassing annex and ATM arrangement throughout the high-growth Southeast and Mid-Atlantic states, forth with 24-hour agenda access. Assertive business curve serve consumer, commercial, corporate, and institutional audience nationally. As of June 30, 2019, SunTrust had absolute assets of $222 billion and absolute deposits of $161 billion. The Aggregation provides deposit, credit, trust, investment, mortgage, asset management, balance brokerage, and basic bazaar services. Learn added at Media

SOURCE SunTrust Banks, Inc.

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