A hobby is something that you do simply for the pleasure it brings you. A thing that you like to do, so you make time for it. It can be reading, knitting, sewing, cooking…anything! There are absolutely no restrictions on what you can have as a hobby. Why not take up some money making hobbies?
These days we are all strongly encouraged to stay at home whenever possible and observe social distancing as much as we can. On top of that, most of us are also working from home. In these trying times, one of the best things you can do for yourself is to pick up a hobby or two.
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And if you are actively deciding to pick up a hobby, isn’t it better to actually choose one that has the potential to pay you back in the long run? Money making hobbies that you master so well it starts to fill your bank account, what could be better?
It is, however, important that you choose a hobby with care. While it should have financial potential, it should also spark at least some degree of interest in you. If it doesn’t, you will end up bored with it and will give up. And that won’t do!
Without further ado, let’s take a look at 5 great hobbies that you can pick up, and make them serve you well in the years to come.
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5 Money Making Hobbies For Filling Your Bank Account
The pandemic, when it forced people into their homes, made many of them whip out their measuring spoons and mixing bowls. The reason is that cooking and baking are nurturing hobbies. Whatever you are making will be presented to a loved one to make them happy, and you want to give them the best.
Also, food is comforting. Watching food come together in front of your eyes and knowing it is going to taste all warm and delicious is a feeling akin to a long hug.
By picking up cooking or baking as one of your money making hobbies, you will be able to perfect your culinary skills and it will also be a great way to eat healthy. But once you have mastered the art, you can sell it. You can start a small home kitchen or bakery, and sell your delicious food items online.
Later on, when you have earned enough from your online shop to invest and you have established your clientele, you can open a cute little bakery with a cute little logo in your cute little neighborhood. And watch your baby grow!
2. DIY crafts
If you have a knack for making things with your hands you can do really well in this area. Some people find these activities really soothing and grounding, and they love to engage their hands in making things their minds know really well. If you try your hand at this or already make DIYs, you can turn it into a profitable business.
DIY crafts can be anything, from soaps to candles, from cards to decorative ornaments, from jewelry to sweaters… you name it. If you like making candles you can also try your hand at soap-making, if you like knitting knick-knacks you can try knitting sweaters and scarves as well, and so on.
‘Homemade’ has a certain warm appeal to it. When you sell a ‘homemade’ soap or a candle, people know it has been made with love. It is not something mass-produced in a factory and certainly does not involve atrocious things like shady chemicals or animal cruelty.
Once you master your hobby, you can start selling your unique products online or you can even stock them at your local shops if they allow it. Your hobby doesn’t have to remain a secret!
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Gardening is also one of those money making hobbies that many people have picked up recently, as they’ve been forced into their homes with not much to do except worry.
You might think it is a hobby that not everyone can pick up, as not everyone has access to a patch of land. But we’re talking about starting a hobby, not a business just yet. Once you have established it as a hobby and have started seeing the plants as your babies, you will see all sorts of ways to grow plants even in your limited space.
You can start by making a small kitchen garden (I know you’ve seen plenty on Pinterest, don’t say you don’t know how to make one). You can grow herbs like basil, mint, thyme, or cilantro to start it off. Then you can proceed to grow veggies like tomatoes, radishes, scallions, or chilies.
If you don’t have a garden or something similar, you can use planters for this purpose. Trust me, they work just fine. The only difference will be that your yield will be a little less.
This might not be a hobby that pays you cash, but it can help you save up by spending less on produce. And when you’re saving, every penny counts!
Do you like writing in general? Or do you keep a journal? Does the written word have a certain appeal to you? If you said yes to any of those questions, blogging can be a great hobby for you to later turn into a side hustle.
You can blog about literally anything. Your blog can be about your day to day life, or about your travels, or about what you cook every Sunday for the fam. This can be a very relaxing, grounding of the money making hobbies for anyone who finds some degree of interest in writing.
This is also a very productive activity as well since it pushes you to do more. Once you have an established group of readers who wait for every post of yours, you will find yourself trying out new things so you can share your experiences with them.
And once your blog has grown, you can start making money. It can be through advertisements, through affiliate commission with product reviews, through collabs with brands… you name it. It can also pay you back in terms of free products, samples for you to try and review, discount coupons, gift cards, etc.
Interestingly, this can go hand in hand with another monetized hobby that you might have. You can blog about your cooking business, your plants, your crafts… to name a few.
If you have real skill and talent, you don’t need an expensive camera to start you off. In fact, you shouldn’t make a hefty investment when starting a money making hobbies (the point is to make money not spend it, right?) that you don’t even know will take off or not. You can even start with your regular mobile phone camera if you don’t have the proper equipment.
If taking photos is something that appeals to you, try your hand at taking really good photos and then enhance them with editing. Photo-editing is not something that anyone can do, but with practice you can learn. Keep at it until you have a hang of it.
You can make an Instagram handle to get reviews on your photos from the general public. This kind of exposure will help you make friends with like-minded people and will also help you make relationships that can transform into work opportunities.
Once you are positive your hobby has developed into a kick-ass skill, you can try selling your photos on websites like Shutterstock that pay you for stock photos. You can even do freelance work, or sell prints of your photos online or in your local markets.
Life can be hard, and making money can be harder still. But if you do something that you actually like doing and then transform it into a side-hustle, there’s no better way. Having a hobby is great for the mind, and if you manage to monetize it effectively you will enjoy almost every day of your life!
About the guest author…
Aisha enjoys a lot of hobbies, like reading, writing, cooking, baking, photography, gardening, crafting, renovating, and what-not. Let’s also add binge-watching Netflix to this list, which she manages to make productive by watching Spanish shows to help her in her Spanish studies. Also, she has effectively monetized one of her hobbies by writing for Kitchen Faction.