Working extra hours, getting a second job, or doing some side hustles are usually what come to mind when you think of what you could do to earn some extra money.
And while those options are great and will usually give you results as well, there is a more fun way that you can add more money to your pocket. Hobbies can be huge money earners for you if you’ve got the talent and put in the effort. Let’s look at five hobbies that would be great to monetize this year.
This might seem like a very obvious one, but most people don’t know how easy it can be to start doing photography on the side.
In today’s day and age, people are wanting to capture more and more events of their lives on camera. A lot of the time, these photos need to be taken by someone else so that everyone is in the picture, or by someone who knows a little more about photography and editing.
If you think photography is something you might want to do to earn some extra cash consider these pros and cons.
Getting starting does take some work, and if you don’t already have a DSLR camera (I’m sure you do if it’s your hobby) it will take some cash as well. However, once you have the equipment and basic know how you are ready to go. Here are some tips that I’ve come up with that can make getting started easier and/or cheaper for you.
Growing up my mom made me take years of piano lessons, and while I did quit the second I was allowed to, many people love playing instruments and continue that hobby into their adulthood. If you are like one of those people, teaching an instrument to others could be the perfect side hustle for you.
Here are some pros and cons that I came up with.
Since no equipment is needed and you’ve already built up your skill, getting started takes little effort. Your main focus should be advertising your services and coming up with a basic lesson plan. Here are some other ideas.
If you love baking and do it as a hobby, chances are that you are already doing most of the work for this side job. I personally love to bake, but can’t possibly eat all of the stuff I bake. You might feel the same way too.
A great way to turn this hobby into some extra money is by selling your baked goods. There are so many occasions where people need treats, and if you can provide something delicious that they don’t have to make themselves, you’ll be widely popular.
I did a version of this side business when I was in Jr. High. I called up all of my neighbors and asked them if they wanted to buy cookie dough to store in their freezer for events. I was able to get about a dozen orders in just a few calls and even had people asking for more.
I’d recommend starting by advertising your work. This can be from word of mouth like I did or through social media. Photos can do a lot when selling baked goods. Take a few photos of desserts that you already make, and share them on your Instagram or Facebook. Here are some more tips.
All of us know that we should be working out multiple times a week, but I don’t think we all know how you can take this activity and monetize it. There are a variety of ways that you can take this hobby and turn it into cash, all while keeping up healthy habits.
Since there are a variety of ways that you can turn this hobby into something that earns you cash, I decided I’d list the options for you to choose which one works best with your goals. Here are some options.
When we bought our first home and starting furnishing it, I realized just how expensive furniture could be! Instead of forking out a fortune on a whole house of new furniture, I turned to thrift stores. Most of the furniture I purchased was old and worn, but with some paint and new knobs, they looked brand new. This then became a fun hobby for me to do on the weekends.
Recently, I sold one of the pieces that I had fixed up and sold it for almost quadruple the price that I bought it for! If you enjoy fixing up furniture, this can be a way that you bring in some extra cash.
While there are a lot of different avenues for furniture flipping, I want to present some of the basic ways to earn money from this hobby. Here are some tips that I came up with to monetize your furniture fixing hobby.