Times are tough at the moment. The global economy has yet to fully recover from the whirlwind that was the last few years. Wages have stagnated while the cost of living increases. So people have started turning to side hustles to bring in a bit of extra income.
Not every side hustle needs to be a traditional business venture. There are plenty of ways you can turn your current home hobbies into a lucrative source of income. This guide will walk you through some of the best hobbies that you can do to make a bit of extra cash. As well as explaining how to go about monetizing them.
Arts And Crafts
It has been proven time and time again that creating something is extremely good for your mental health. Flexing your creative muscles with painting, sculpting, or whatever means of artistic expression you most prefer, is a great way to spend your free time.
But why stop there? The independent artist market is an extremely lucrative one these days. And there are plenty of viable selling platforms you can utilize to make a bit of extra cash with your crafts.
Etsy is a user focused platform for selling handmade crafts. Here you can find everything from crochet clothes to fantastic paintings. If you’re thinking of selling your projects, Etsy is one of the best places to do it. It has a user-friendly interface and a lot of seller support.
Or, if you don’t want to use Etsy, you could create your own independent business and use platforms such as Instagram and Facebook to market your products. This is a great way to build up your income without worrying about commission.
Gaming
Gaming used to be little more than a fringe hobby. Now it is one of the most popular activities on the planet. With hundreds of new titles released every year, it is no surprise that gaming has become a lucrative market. And not just for the companies that make the games either.
There are numerous ways you can make money from your gaming hobby. The first is by playing cash games. These are games that actually pay you for playing them. Some of the best real cash games in 2023 can add up to 20 to 30 extra dollars into your weekly income. If you are willing to put the time and effort into them. Some of these games are games still in testing, where the companies pay you to find bugs.
Another way you can turn your gaming hobby into an income source is with streaming. Twitch.tv has blown up in the last few years. Hundreds of people stream daily with thousands upon thousands of viewers. If you put in the time and effort you can make a fair bit of money off of your Twitch stream.
Music
Everyone loves music. It is the lifeblood of the world. Wherever you go you will find music. From the chirping of the birds to the buskers in the street. Whether you’re someone who is learning an instrument for fun, or you’re a seasoned musical veteran, there is no reason you can’t make some money from your musical talent.
As we said before, busking is one way you can make a bit of extra cash from your musical skills. Depending on where you live you will need to get a busking license. If you are skilled in a specific instrument then you might consider offering private lessons to people in your local area. Parents are always looking for people to teach their children new skills. And you can make quite a bit of extra cash from Instrument tutoring.