With new research showing that younger Australians are feeling the stress of the ongoing cost of living crisis most of all, it’s no surprise many are looking for ways to add to their income.
And one young Sydney resident is leading the way, turning a side hustle into a six-figure income.
Alex Munao, 24, joined the burgeoning car-sharing movement several years ago when his grandmother, who could no longer drive, gave him her 2006 Toyota Corolla.
This planted a seed that bore further fruit late last year, when in November Munao decided to take a new plunge into the industry as a way of getting together some extra cash.
In less than a year, his fleet, which he rents out through Turo, has grown to 16, and he has no plans to stop.
“Demand has been really, really high,” Munao said.
High enough that, with a projected income of $160,000 this …