Gen Z Freelancer Has Seven Income Streams But Still Wants A Full-Time Job | Money Mind | Indonesia

About this video

• Video Title: Gen Z Freelancer Has Seven Income Streams But Still Wants A Full-Time Job | Money Mind | Indonesia
• Channel: CNA Insider
• Speakers: Rika (implied speaker, referred to as "she" and speaks in Indonesian)
• Duration: 00:06:19

Overview

This video profiles a 26-year-old Gen Z freelancer in Indonesia who has established seven diverse income streams to achieve financial stability. Despite her entrepreneurial efforts, she expresses a strong desire for a full-time job due to the inherent instability and unpredictability of freelance work, which complicates financial planning and impacts her peace of mind.

Key takeaways

• Multiple Income Streams: The subject juggles seven different jobs, including makeup gigs, administrative work, baking, and tutoring, to supplement her income.
• Job Search Challenges: She faces difficulties in securing a full-time position after graduating with a degree in international relations, encountering issues like age limits for certain roles (e.g., CPNS) and employers requiring experience for entry-level positions.
• Freelance Instability: The fluctuating income from freelancing makes financial planning challenging, forcing her to adapt her spending to her earnings, unlike those with a steady salary.
• Importance of Emergency Fund: A significant emergency fund (6-12 months of expenses) is recommended for freelancers to navigate slower months, requiring consistent saving and budgeting.
• Desire for Stability: Despite her success in generating multiple income streams, the core desire remains a stable full-time job for financial security and peace of mind, though she also wishes to continue some freelance work alongside it.