Generate extra income from the hobbies you love

 

The old saying “if you love what you are doing then you never work a day in your life” can also be said for hobbies. However, it’s still nice to be paid for the activities that you are great at. Who doesn’t want that?

Here are nine hobbies that go beyond the living room. Why not supplement your pension or income?

1. Photography

Taking photos is so enjoyable, and if you’re excellent at it, then you may be able to make a bit of money!

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There are several ways to monetize your photography hobby. You can sell your photos to stock websites, or you can market to people you know. Word of mouth is your best friend, as many individuals like to look for budget options, and may be willing to take a chance on you early on. Get an excellent portfolio, create a Facebook page, and advertise as much as possible with reasonable rates.

2. DIY upcycling

Are you addicted to doing up old items? Do you see potential in stuff others would throw away? You could earn money from upcycling furniture. Not everyone is handy, but many people appreciate older pieces that have been updated. Old duchesses and chairs are particularly attractive. If you can use spray paint and have a creative streak, you could get a nice profit from selling your DIY creations.

3. Music teaching

Do you love playing an instrument? A young person could benefit from your guidance and experience. You could become one of the teachers or tutors that can help both children and adults to master the craft. And you don’t even need to be considered an expert to teach. To start tutoring, you could put an ad on a site like Gumtree, or letterbox drop in your area. Parents are often looking for teachers and tutors to help their children master an instrument.

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4. Crafts

Making crafts has been a popular way to make money for many years, but it has blown up since the website Etsy was founded in 2005. Etsy is an online marketplace for arts and crafts of all types, from the very normal to the unique. If you love to knit stuffed animals, or even make jewellery, this is the place to sell it. Most cities in Australia have craft markets where you can sell your wares too.

5. Proofreading and editing

Have you seen websites and blogs that need proofreading and editing? It’s very common to see spelling errors and grammar issues, but not everyone has the eye for it. If this is something you’re good at, either because of previous experience or because it’s something you simply like to do, why not ask?

6. Public speaking

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Most people hate speaking in public, which is exactly why this can turn into a potentially lucrative opportunity if that’s something you like to do.

Businesses need people who can speak to groups or even do voiceovers for ads. The possibilities are endless if you have the confidence.

7. Pets

If you love pets, there are plenty of ways to make money on this front. The most common are dog walking and pet sitting, but if you’re qualified, you could even do pet grooming. People are always looking for good deals, and if you offer a great product at a great price, they’ll come to you.

8. Baking

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Participating in local bake sales is not the only way to make money from your baking – there are plenty of small shops, bakeries, farmers markets, and even neighbours in your area that may need your skills. Baked goods have had a renaissance and many people now make cakes, cupcakes and even macarons for a living.

9. Shopping

Not only is mystery shopping legitimate, but it’s also an excellent way to make money. Once you’ve signed up to a company, you complete a real transaction, rate the quality of service, and are reimbursed. If you love shopping, scratch that itch while still getting paid.

What hobby do you have? Do you currently make money from your hobbies?

Important information: The information provided on this website is of a general nature and for information purposes only. It does not take into account your objectives, financial situation or needs. It is not financial product advice and must not be relied upon as such. Before making any financial decision you should determine whether the information is appropriate in terms of your particular circumstances and seek advice from an independent licensed financial services professional.