In exclusive interview with Netstar, The Forex Trading Coach confirmed recent strong growth in new members seeking a side business to balance household budget.
-- The explosive growth in “side hustles” is a clear sign that inflation and high interest rates are continuing to suck people’s household budgets dry.
But not all side hustles are created equal. With 39% of working Americans - around 80 million people - already running a side business, and another 35 million planning to start one this year, the "hustle culture" is reaching fever pitch.
It’s been reported that: 70% of Gen Z are looking for a side hustle, 64% of these plan to “monetize a project on social media” in the next year with 40% starting one in 2024.
It’s not just a millennial thing; 24% of baby boomers (age 59-77) indicated they have a side hustle. In the UK, 42% of Gen Z and 39% of millennials report having a side hustle.
Meanwhile, a recent Australian banking survey showed more than 40% of homeowners were considering a sideline business, and 21% were looking at getting a second job, to cope with rising loan repayments. This trend holds true across Canada and most of the EU also.
Andrew Mitchem, Founder of The Forex Trading Coach said this when interviewed by Netstar Lifestyle Magazine, “What the so called "gurus" don't tell about starting a business on the side is that the hidden costs can be enormous, the time commitment is brutal and most take 12-24 months before seeing any real profit. It's why more people are turning to the currency markets to build their wealth in 2025. Trading doesn't need to consume one’s life to be profitable, members achieve consistent results without sacrificing their lifestyle or peace of mind. Many start at just 30 minutes per day, with small amounts of capital, and grow from there."
To start an e-commerce store takes thousands of dollars in inventory before you make a cent. To launch a coaching business takes months of building your personal brand while paying for ads. Driving for Uber is trading hours of your life for minimal returns while destroying your car's value. Many try to become a social media influencer but standing out in 2025's saturated market is proving too difficult to the vast majority who try this.
Most side hustles fail within the first year - they simply require too much upfront investment of both time and money.
The Forex Coach’s growth has been driven by members seeing great results in just 30 minutes per day with minimal startup costs. Members have the luxury of earning while they learn and the potential is there to generate thousands in monthly income once they are consistently profitable.
"Some members are now managing million-dollar accounts. It's a testament to the reliability and resilience of the strategy" says Mitchem, who has taught more than 4,000 people from 109 countries how to trade profitably over the last 16 years
Netstar Lifestyle Magazine’s own research found that when how much time and capital it takes is considered to launch a traditional business, the low-time/high-reward nature of Forex trading makes it the ultimate side hustle to balance strained household budgets in 2025.
About The Forex Trading Coach
The Forex Trading Coach is founded by current principal Andrew Mitchem who is a passionate and experienced Forex Trader. The coaching program can be taken via private coaching or online training. In the United States and Canada one on one training at the trader’s premises is available. The Forex Trading Coach is helping people create personal and financial freedom through their proven trading strategies in the Forex markets.
To learn more about The Forex Trading Coach and Andrew Mitchem visit their website here: https://theforextradingcoach.com/
Contact Info:
Name: Andrew Mitchem
Email: Send Email
Organization: The Forex Trading Coach
Address: 54 Glen Road, Nelson, RD1 7071, New Zealand
Website: https://theforextradingcoach.com
Source: PressCable
Release ID: 89152450
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