While there are some who prefer only make money from their job, there are plenty of others who would love to make some extra cash from one of their hobbies. Who doesn't want some extra income heading their way? All it takes is effort, initiative and looking at your hobby a bit differently to start earning money from it. So what are some ways your favorite activities can also help you bring in some cash?
Barter your skills
Rather than have to spend money on certain items, try to find a way to barter your services. For example, if you're fantastic at baking and know someone who makes gorgeous jewelry that you'd love to give as Christmas gifts, ask if you could make certain desserts for her to use during the holidays in exchange for the jewelry. Sure you may have to buy the baking supplies, but between using items you already have and grocery store discounts, you could probably make the recipes for a steep discount.
Teach a class
Chances are others would love to learn some of the skills you already know. Offer to teach a class through a school or organization in your area or you could even offer to do it as a freelancer. Before you jump into teaching, do some research to see how much you should charge first.
Sell your leftovers
There are plenty of hobbies that involve having leftovers from which you could actually make money. If your hobby is reading, sell the books when you're done reading them or if you have badly broken books or come across some, sell the pages in bundles. If you're a fan of trying different types of beer, sell the bottle caps on a craft site. Even gardeners can sell seeds from their crops. Think outside the box and your "garbage" leftovers could be someone else's treasure.
Become a reviewer
If you have writing skills but just don't want to write as a profession, you could become a reviewer and do it in your spare time. Love watching movies? Start up a blog or look for a part time position where you could make money off your movie reviews. If you go out to restaurants often, write up your opinions of the places you visit. Are you someone who is always on the look out for the best beauty products? You may just be able to find a reviewer position where you get paid to test out the different products.
Become a "flipper"
There are quite a few hobbies where you could buy the initial items and "flip" them for a higher price. If you're a fan of shopping, look for clothes you could resell to make a profit. Should you have a love of reading, check out the discount shelves in bookstores to see if there's some from which you could make money. You initially have to shell out a few dollars, but the returns can be great depending on what you're selling.
Sell completed items
If you're crafty and good with your hands, there's plenty of places to sell your completed items. Whatever you love making as a hobby, do a little research for how and where you could sell your specific items. It could end up earning you quite a bit of money.
Get a job
The best job you could have is one you love doing, so if you're doing your hobby and not even getting paid for it, why shouldn't you turn it into a little cash-earning venture? Even if you start off as part time and work your way up to a full time job or business, you're better off waking up every day to a job you love than having to wait until the end of your day to partake in your hobby.
If you're looking to make money from your hobbies, you have to use your imagination and business sense in order to make it work. Look at your hobby in a different way - from a financial perspective - and see if you could turn it into a little business venture. Your hobby you've loved doing for so long could end up making you some pretty good cash.
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