5 Surprising Hobbies That Make Money

Did you know there are hobbies that make money? When most people think of their hobbies, they think of the activities they regularly enjoy doing in their downtime, like reading, watching TV, or working out. These activities are usually the first things to take a backseat when more pressing concerns arise, like financial woes that demand more of your time. But what if you used your hobbies to make you money.

What a lot of people don't know is there's a surprising number of hobbies that make money and that can help bring in extra revenue. If you find yourself in a financially tough spot, you can make money off an existing hobby or by taking up a new one. You may not need to take those extra hours at work or that second job to make ends meet just by doing something you love.

Below is a list of five surprising hobbies that make money and how they generate revenue:

5 Hobbies That Make Money

1. Journaling

Surprisingly enough, journaling as a hobby has the potential to bring in as much as $32,000 a year. So, how do you make money off your journaling hobby? Create your own blog!

Blogging is basically an online journal or informational website where you can write about the things that interest you. If you have other hobbies you can even incorporate them into your blog topics.

When you start to build up an audience you can start making revenue by displaying ads on the site, selling digital products, or through sponsored posts.

2. Playing Video Games

Who would have thought the one activity your parents said would never pay you enough to do could be lucrative?

Some expert gaming streamers bring in an average of $48,000 a year. Streaming services like Twitch allow you to stream your gaming experience for people to watch, where subscribers make monetary donations. Once you have a decent following you can get sponsors and brand partnerships for extra revenue.

You can also try creating your own podcast series talking about a video game storyline, the gameplay, or visual aesthetics.

3. Playing an Instrument

Just because its difficult to make it big in the music business doesn't mean you can't make a profit from a talent. If you happen to play an instrument you can turn it into one of the hobbies that make money by offering music lessons.

Offering private music classes can yield up to an average of $78,000 a year for full-time teachers, or $50-$75 a class. You can even start your own instructional YouTube channel and make money with ads and sponsors.

4. Knitting and Crocheting

Knitting and crocheting may not seem like a very profitable hobby because of the material cost and the amount of time it takes to complete projects, but selling the things you make can still turn a profit.

However, offering lessons on how to knit and crochet either online or in-person can pay up to $120 an hour. You can also make instructional blogs or YouTube videos to generate more income.

5. Working Out

Working out is another one of those hobbies that make money. Like some of the other hobbies above, working out can be a topic for blogs, podcasts, YouTube videos, and more.

You can also make money working out by using certain apps. The app HealthyWage acts as both a motivator and a financial contributor. By setting a weight loss goal and achieving it, you get a monetary award, sometimes over $1,000.

Getting Started

There are plenty of hobbies that make money, and hobbies that make money are relatively easy to start making a profit from. Although some may need a little money upfront to get it going.

Broadcasting your gaming experience requires a quality streaming webcam and headset with some equipment costing a few hundred dollars. If this happens to be the case while you are in a financial bind, don't fret. You can get some of that start-up money by applying for a title loan.

Title Loans

Title loans are a great way to get cash fast and turn your hobbies into money makers. As long as you own a working vehicle you can get the cash you need in as little as 30 minutes. Some places like Missouri Title Loans Inc. can give you title loans up to a whopping $15,000 for that financial bind that won’t wait for hobbies to yield profits. Obtaining title loans are as simple as follows:

• If you live in Missouri and would like to find title loans near me, visit Missouri Title Loans Inc. and select one of the store locations near you. Once you select a store you can fill out the online title loan request form.
• After you apply for a car title loan online, a representative of Missouri Title Loans will call you to go over the items you will need. To get title loans you will need a state-issued I.D. or Driver’s License, lien-free car title, and an up to date inspection.
• Bring your vehicle to the closest store Missouri Title Loans location with the requested documents to have your vehicle appraised for the loan amount they would be willing to pawn your car title for. If you accept how much they offer, then all that’s left is to hand over your title and leave with both your vehicle and cash in hand. Before you know it, you’ll be able to invest in your hobbies that make money like never before.

Today many people are making side money or even a full time living with a hobby they enjoy. If you have a hobby or would like to find one that you excel in, it is a great way to make the money you need. If you run into any issues financially before you have the money needed to address them, an emergency car title loan can give you access to the cash you need in no time. Simply contact Missouri Title Loans Inc. to get more details.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.