Want to turn your hobby into a side activity? here’s how

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There are plenty of good reasons to buy a lateral restlessness in addition to your main job. This extra money could come in handy for paying bills, saving money, or paying off those pesky annoyances. credit card balances you have accumulated. A side activity could also be your ticket to achieving a major goal, be it to buy a house or take your dream vacation.

But there is a downside to having a sideline, and that is having to spend your free time working. This is something you might not appreciate, especially if you are already spending long hours at your main job.

What if there was a way to land a side gig that feels more like a game than a job? It might be possible.

Of those surveyed who chose a side activity, 41% were able to enjoy a hobby, according to a recent study investigation of the Bank of America. If you play your cards right, maybe you can too.

Turning a hobby into a source of income

You might be surprised at the number of hobbies that can be turned into sources of money. Here are some examples of fun hobbies that can make money:

  • Hang out with pets – you can sign up to walk dogs or watch other people’s pets in your home while their owners are away
  • Baking – you can try selling homemade cakes and sweets at local farmers’ markets, or to local parents when their kids are having birthday parties
  • Knitting – you can sell sweaters, scarves and hats online or at local craft fairs
  • Play video games – some companies hire freelancers to test their products or write reviews
  • Copywriting – you could get paid to update a blog or create content for websites
  • Photography – you can advertise at local daycares and schools and see if clients want to hire you to do family portraits
  • Play an instrument – you can see if local restaurants want to hire you for weekend entertainment

There are plenty of options to explore beyond these. The key, then, is to think about the things you love to do the most and find ways to monetize them.

A great way to avoid burnout

The danger of taking a side job is working non-stop and teetering on the brink of burnout. But if you are able to convert one of your hobbies into paid work, you might not experience that feeling of overwork.

Now one thing to keep in mind is that you might be able to make more money, or more regularly, by taking shifts at a local store or driving for a rideshare company than by occasionally taking one. guitar concert in a nearby restaurant or sale of cakes here and there. You will need to consider your income goals when deciding what type of side work to pursue.

However, the point is, it is possible to make money by doing the things you love. And if you spend your time indulging in these hobbies anyway, you might as well make money out of them and use it to improve your financial situation.

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We strongly believe in the Golden Rule, which is why the editorial opinions are our own and have not been previously reviewed, endorsed or endorsed by the advertisers included. The Ascent does not cover all the offers on the market. The editorial content of The Ascent is separate from the editorial content of The Motley Fool and is created by a different team of analysts. Bank of America is an advertising partner of The Ascent, a Motley Fool company. Maurie backman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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