Make Money With Your Hobby

People have a tendency to underestimate themselves.  They look at other people and see all the positives but have trouble recognizing their own value.  We are all unique individuals and those who have reached retirement age have learned more than they realize.  Worse, they tend to undervalue that knowledge.  This is true of every aspect of our life and, believe it or not, it’s especially true with our hobbies.  You can make money with your hobby no matter what it is.  Even if it’s as obscure as anything you can imagine, I bet if you do a search on the internet, you’ll find other people making money from something you just thought of as a hobby.  Even if you think the hobby has gone out of style, there is a market for it somewhere.  Why not take it as a challenge to turn your hobby into a money maker?  Now your first thought might be that it would take all the fun out of it, but I would counter with the question of how do you know?  We know a couple of jewelry makers who are now backlogged with orders after displaying their work at a meeting of the garden club.  Are they making a fortune?  No, but the added income more than pays for their supplies to keep their hobby going.  You can make money with your hobby, and you might find the added twist even more interesting than just the hobby itself.

I know someone who has collected stamps and coins for years and forgot about them for a little while because finding coins in circulation that are valuable has become extremely rare because money is almost a thing of the past.  And stamps have followed a similar fate.  He asked me what to do with his coin collection and I asked him if he would consider selling it.  You would have thought that I was asking him to sell a child.  He couldn’t believe I would ask such a question.  I apologized for hurting his feelings but asked him to check out the internet to see what he could find.  My last words to him were that “you can make money with your hobby” and I apologized again and wished him well.

You can guess what happened next.  I’m happy to say that he took my advice and actually did a search.  It opened up a whole new world for him.  He found coin dealers that were operating out of their homes and apparently making a nice income.  He’s investigating how to do the same thing. And, you know what?  It doesn't matter if he follows through or not because he now has a new interest and the lure of a business on the internet is going to be something that keeps him motivated and exploring new things.  He did confirm that I was right.  You can make money with your hobby.  The knowledge you gain by pursuing an activity over the years gives you knowledge that you sometimes don’t value as much as you should.  If you have a hobby or interest, take a few minutes and do a search on the internet to see what’s out there.  In particular, pay attention to the books that are written on that particular subject.  Why couldn’t you put your knowledge into a book for people to read?  It’s done all the time.  Not only can you possibly make some money, but you might also be able to deduct some of the expenses of your hobby.

You can make money with your hobby no matter what it is.

Travel is our hobby and the number of people making money from this activity is incredible.  From travel guides to writing articles for magazines, anyone who likes to write has a steady market to tap for extra income.  They have all found out that you can make money from your hobby.  The travel market is huge and if you can write an informed review of an airline, restaurant, cruise line or hotel, your knowledge and the ability to put that information into words is worth more money than you think.  All you need is a slightly different angle that will attract an audience.  I’ve seen people with different food allergies write about the best places to eat for people with the same issue.  If you like to write, if you do it in your spare time or just find pleasure in it, you can make money from your hobby.

No matter what your passion or interest is, there is nothing wrong with making money from it.  It doesn't have to decrease the pleasure you get from it and there’s a distinct possibility it will make that little hobby of yours even more pleasurable when you see your bank account grow.  The internet might provide the easiest path if you want to try to make money with your hobby and many seniors have started a small business with incomes that have exceeded their wildest imaginations.  The startup cost is low, and the technology has advanced to the point that, if you can write an Email, you can create a website.  The number of retirees who are going down this path is increasing all the time and with good reason.  It’s fun, it’s different and you have a chance to make some extra money.  How can you lose?  Why not give it a try.  It’s time to Enjoy Retired Life!

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