In today’s economy, many people are looking for ways to supplement their income outside of their main job. Enter the gig economy, where individuals take on flexible, short-term jobs or freelance work to boost their earnings. Whether it's driving for a rideshare service, freelancing online, or selling products, side jobs provide a great opportunity to reach financial goals faster.

These side jobs often allow individuals to leverage their skills and passions while maintaining the security of their primary job. Not only can this extra income help pay down debt or build savings, but it can also give people the freedom to explore new career paths or hobbies.

But do you know the term used for this type of supplemental income? Let’s find out!