7 Common Hobbies That you Can Enjoy to Make Extra Money

Every people has their own hobbies. They spend their pastimes to enjoy doing the things that are fun or fulfilling. Yet, they don’t realize that some of our recreations can be turned to income.

So, find time to research on how to turn this into a stream of revenue while have fun doing it. There are many common hobbies that to make extra money from if you know how to do it.

And, this gets even better.

So keep reading:

Below is the list of common hobbies that are possible for you to earn. This can give you one or more potential and consider for an extra stream of income.

Imagine, it would be like, while you are using your spare time to enjoy doing hobbies it relieves you from stress! It relaxes and makes you happy plus, an extra revenue will flow in your bank account. This sounds Awesome!

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Here is the list of some common hobbies that YOU can Monetize

#1. Writing

If you have a passion to teach, share your ideas, and concepts through writing. Then why not use that drive or passion to earn some extra money as a freelance writer?

Look:

All you have to do is be able to quickly learn about certain topics, ideas, and concepts. And communicate them in a clear and sound.

How can you earn revenue from your writing?

The most obvious way to make money in writing is to go and sell your services to freelancing sites. Like Fiverr or Upwork or reaching out directly to blogs for paid gigs.

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#2. Cooking

The only thing that will remain in demand and never out from the market is food. Everyone needs it. If you have a passion for cooking or you have the skills to cook delicious foods. Then this great opportunity to earn extra cash.

How to earn money in cooking?

You can share your own variety of recipes on social media. Through blogging, posting in your Instagram account or YouTube channel

You can start with the food truck business

To learn more about the online food business, click here for a guide
jeshoots-com-250229-unsplash#3. Playing your favorite video games

Nowadays, playing video games is a huge and fast-growing industry. You can make extra income from playing your favorite video games.Yes, it is true! That is during your leisure time. Yet,  it would depend on your popularity and the quality of your performances.#4. Event Photography and Videography

If you have a DSLR camera or any good quality digicam. Learn how to use it like professional. Then you can make some revenue from being a freelance photographer or videographer. You can do it offline or online by selling your shots on stock photography sites or as prints.

Here is an idea, according to photography website PetaPixel. The average charge of amateur photographers will be up to $75 per hour or $500 to shoot a wedding.  Of course, this will dramatically increase. If you will gain more experience or become a professional photographer.

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#5. Illustration and Graphic Design

If you have a passion for being an artist or designer. There are countless ways you can earn money from your designs and artworks. Get started as a freelance graphic design or illustrations artist. You need to create your own website. Use a service like (Wix or Squarespace) and reach out to the business directly.
steve-johnson-643285-unsplash#6. Crafting

Crafting is a vague term, you have many options to make money out of your hobbies as crafting. You know how to sew, carve, print, paint, sculpt, fold, mold, and weld anything that you want to design with. And make it pretty and attractive, artistic, unique and people like it and buy it from you and make some extra money.

rawpixel-463436-unsplash#7. Gardening

Gardening is more than a hobby for some. it is a way of life especially for moms who are fun of different colors of flowers and plants. You can sell your harvest either offline or through online posting. And earn meaningful profit out from your garden production.

Bottom Line

The above list of common hobbies is your guide. This should open your mind that you can take advantage of your usual recreation. Use them to make extra money while having fun and enjoying the things that you love. For sure, you have more hobbies that currently you are doing right now. Some may not be on the list, yet, you can do further research how to monetize your existing hobby.

As always comment below and let us know what you think.

REFERENCES

UPwork

How to Start an Online Food Business: The Ultimate Guide

Get Rollin’: How to Start a Food Truck Business

Essential Facts About the Computer and Video Game Industry

11 Everyday Hobbies That Make Money – and How to Get Started Today

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5 Tips on How to Effectively  Market the Baby Boomers Generation

Senior citizens are a unique demographic group of individuals. And their population is increasing as years passes by. While their age grows older their needs become higher. Both in products and services.

In this instance, it’s good to know how to effectively market the segments of baby boomers. So that we will not miss the opportunity to capture their specific markets. The good thing is if you can understand their lifestyle, then it’s not difficult for you to market them.

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Photo by Mircea Iancu on Pexels.com

Why need to market Baby boomers?

The fact is, boomers are the largest age group and they represent 44% of the US population. And 5 years from now they are projected to hold 70% disposable income of US. You’re missing a huge opportunity to make a profit. If your marketing strategy doesn’t target the senior citizens. Because this age group spends more than any other group across.

And, that is all categories of products.

Senior Citizens represent in a large segment of the population. And are active consumers. So thus, it’s important to target them. Most especially when you are selling them your product or services.

You can use social media like Facebook, YouTube, and Twitter in reaching them. But using the traditional way of marketing strategies are best to use in marketing them. Such as TV ads, and direct mail for the older generation.

5 Tips on How to Market Baby Boomers Generation

TIP#1: Make things Simple for them to comprehend.

Boomers come from diverse generations. Their communication tools are simple and easy to understand. They want marketing messages that clear, clean and straight to the point

TIP#2: You have to speak with their language.

In promoting your product and services to the senior citizens do not use jargon words. Like those that only the millennial or teenage can relate and understand. Avoid using trendy language, teenage jargon, and internet slang to prevent misunderstanding. And to put your effort in vain.

Seniors want to know how your products and services help them. Or improve their life quality so relate that clearly to them and avoid more drama’s.

TIP#3: Provide quality and personalize services.

Let your boomers’ customer experience personalize and quality service. So that they will remember you for a long time. You must pay attention to the customer’s experience. By giving them superior customer support. Provide an after sale service, keep in touch with them after a purchase has been made.

TIP#4: Create your social media advertising user-friendly and easy to understand.

Yes. Senior Citizens do like to shop online. In fact, boomers shared about a third of all social media users. As it is also their primary means of shopping comparison. And those aged 50 and older spent about $7 billion a year online shop.

TIP#5: Focus on value and dependability rather than the Price.

Do not give more emphasis about the lower price in your marketing. But focus on how your product provides better quality versus the competitors. Boomers are more interested and care the products that will last. More reliable, dependable, longevity and has value products are top of their choices.

Verdict

If you have business for seniors then you are on the right track and good market. Always remember, baby boomers want products and services that can provide high quality. Those services and products that make their life easier. These 5 tips above, will help you to establish your market in seniors segment. As well on keeping them as your long-term customers.

 

REFERENCES

SELLING TO SENIORS: WHY AND HOW

Boomers to Control 70% Of US Disposable Income

HOW TO MARKET TO SENIOR CITIZENS

5 Ways New Companies Are Capturing the Growing Senior Market

 

Methods to make money from thrift stores

A thrift store is one of a kind that helps people buying things at a very affordable price. Regardless if it is brand new or secondhand doesn’t matter. What matters most is it helps people who cannot afford to buy brand new items. Aside from being an effective and cheaper store, this will help make extra money. Most especially if you are knowledgeable in buying and reselling from thrift stores.

Here are important things that you should understand. Before you can earn money from thrift store purchases. First, you should know where and how to find the best price deals. When you shop, you must strictly follow the very specific list of do’s and don’ts of a thrift store.

Second, you should understand that not all the time when you make a purchase you will earn big income. Just like a normal business you sometimes you hit big profit, sometimes break even or losing some.

Six practical ways to make big money from Thrift Stores

1. Your  Smartphone is always ready. It is of great advantage if you can check every now and then any valuable item. When see the opportunity grab your phone and go to eBay, do a search for it. Then, you need to sort the price from highest to lowest and vice versa including the fee of shipping. In this way, you can take 90% of your guesswork out of thrift for profit using your smartphone.

2.  Know where to sell- in selling online the biggest keys is to know where the item is best to offer or sell. Losing and making money rely on where you can possibly resell the item you bought. Most online seller prefers eBay. But still there are a lot of other options, it always defends the profitability concerned. You should know and consider the five things that can make big money in reselling on eBay.

Know what item to sell. We suggest choosing items which are fast selling with high profitable value. Such as video games, toys, and books, clothing, and DVD.

3. You should know the real value of the item. You can easily find the real value by means of searching completed eBay auction. You can get the average sale price in eBay auction. But always remember the different averages will have different selling areas.

4. Ask for feedback from your customer.  To assess your effectiveness, especially in customer service, feedback is important. This could be from your online sales either in eBay, Facebook, and Amazon. Regardless if it is a good, neutral or bad feedback is very useful. To help you make certain improvements and changes.

5.Patience and consistency is a virtue– do not expect overnight success in a thrift store. It takes a lot of time to master and familiar the system. Continue doing research. Find the best strategy on how to earn a lucrative income from your thrift store.

Bottom Line

In order for you to earn a huge money from your thrift store, it requires a lot of hard work, patience, and consistency. Do not limit yourself with the given practical ways on how to make money of thrift store. But do your part for further research and study the system.

REFERENCES:

8 Thrift Store Shopping Do’s and Don’ts

11 Ways to Earn Extra Cash From Thrift Stores

5 Things You Can Resell on eBay That Make the Most Money

eBay

How to become a successful hair salon station renter

Barbershop and Salons are design or structured with a station or booth rental model. This model needs diligence in modeling your financials. As this is a very challenging business model to determine your salon point of break even.

You should know the effective way to become a successful hair salon station renter. Because lack of knowledge and poor management system will lead to unprofitable business.

Being a booth renter means that you are also a business owner. You should not forget your responsibility while enjoying your freedom and flexibility. Below are the few Tips and bits of advice on how to become a successful salon booth renter.

Tip #1. You need to get sets of skills

As a matter of fact, hair salon station renter needs salon training. These are recognized internationally that has designed for booth Renters Management System. It has to meet the specific business needs both renters in barbershop and salons.

Most of the successful booth renters are not only business minded. But also has a teachable mind and heart.

Excellent communication skills are very important tools. It will help you effectively manage the salon renting business. You should also learn the skills of management of different people personalities.

Tip #2. You must be Clear and Precise

Make your expectations and agreement with your new renter clear. It must be precise and not arguable. Your lease agreement must black and white, readable and easy to understand. All required duties and responsibilities as well as sanctions. As well as the number of warnings should be incorporated in the binding agreement.

Tip #3. Be a good role model

Setting as a good example in tone as well as modeling being a team player is so vital in salon station rentals. The more you are willing to help and pitch other renters, the greater chances of success of your salon. Respect always and being courteous will make people more comfortable with you.

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Photo by Pixabay on Pexels.com

Tip #4. Manage your emotion

Managing your emotion is very important in decision making. Sometimes being so emotional will hinder to execute good judgment. You can either consider the renter as your assets or liabilities.

If you find your renter good this could mean they can be a potential asset. That you need to keep, but if your renter is problematic then he or she is your liability so, better to let it go.

It’s all your business and your decisions matters most.

Tip #5. You should know the Laws

Knowing the law of an employee and employer relationship.  As well as the law between tenants and the landlord is very important in the business. The written contracts make all things easier and both sides are protected in the long run.

Final Thoughts

To become a successful hair salon renter is not the easy task. It requires a set of skills, a clear vision, and a specific goal. As well as a good role model without this it is impossible to achieve the ultimate success of the business. In all business, emotional stability and maturity play a vital role. Also, to succeed in your business technical and legal knowledge are essential to apply.

REFERENCES:

How to Make the Booth Rent Model Work for a Salon or Barber Shop

Tips for becoming a successful salon booth renter

5 ESSENTIAL TIPS FOR A SUCCESSFUL BOOTH RENTAL SALON

BUSINESS BASICS FOR BOOTH RENTERS

Helpful Ideas on where to Invest Your $1000

In our present economic status, it is not practical to rely upon a single source of income. Especially if you already have a family that depends on you. There is a need to start for looking best opportunity to start with like investing. And the truth is if you have $1000 in your pocket you can start investing and earning extra income.

Some people misunderstood the word investment because they think huge money. The idea given in venturing into any form of financial investment looks grandeur.

Now the big question goes if it is possible to make money out of your $1000 investment? Can you possibly invest with that certain amount of money?

The answer is “yes” you can start investing and grow your profit with a thousand dollars capital. There are plenty of options and ways where you can invest your $1000 capital.

Yes, having the big amount of money has a  great advantage to start a business or investment but not all are necessary. As long as you can you have enough skills to identify the risk and reward ratio of your investment. There is a high risk involved in the minimal capital. But if you know how to choose the right opportunity. And learn how to plan to manage the risk you will increase your net worth.

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Below are the best options for when to start investing your $1000. And make Return of your investment in the fastest ways.

  • Trade Cryptocurrencies

Perhaps you are not familiar of this but you can do your personal research. And study how to start trading cryptocurrencies.  Yes, for beginners it is difficult to understand this kind of investment. But this is very rewarding. And you can start investing your thousands of dollars in this kind of investment.

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  • Trade Forex

This is a highly volatile market wherein you can take advantage of the movement of price either ups or down. The simple principle is to buy at a low price and sell high price, likewise, sell at high and buy at the bottom. You can start mini trading account some brokers offer as much as $50-$500 of investment like FXCM.

The good thing in forex trading is you can trade on a short-term basis, you can buy or sell anytime you want. All you have to do is always put risk management techniques every time you make a position or enter a trade. Common use to protect your investment is to put stop loss to limit your losses and put take profit. You can manually liquidate your position or automate the liquidation.

Before you start trading forex you need to learn more and do further research on how to trade forex. This is not for everybody this is good for the strong individual and not fit for faint-hearted. But this a high reward investment that you can double your money. Even in a few trades, but there is also great chances of losing so, always put stop loss.

  • Engage in Peer-to-peer lending.

This is one of the hottest investment vehicle these days. You can do more research on peer-to-peer lending if it is suitable for you.

Point of View

There are lots of options that all you have to do is research and study. Being limited of capital is not a big problem anymore for you to start investing. There are many available opportunities in the market today. That you can start earning money by means of starting investing, even in a $1000 of capital. You have many options where to invest that is comfortable with you.

REFERENCES:

6 Cryptocurrencies You Should Know About (and None of Them Are Bitcoin)

FXCM- A Leucadia Company

How to Trade Forex

7 Quick Ways to Make Money Investing $1,000

Why Peer-to-Peer Lending Could Be a Good Investment Choice