10 Frugal Hobbies That Will Actually Make Money (2024)

10 Frugal Hobbies That Will Actually Make Money (1)

Today’s post is from regular contributor, Tyler Philbrook. Enjoy!

Every day people search for ways to make money, yet they are unaware, or unsure how to make money with the hobbies they already do.

Here are a list of 10 hobbies that won’t cost you much to start, but could make a nice amount of side income.

1. Sewing

There was a time when sewing was common knowledge. Growing up,anytime anything broke, if Mom couldn’t sew it back together than Nana could – and with a large family of all boys there werelots of clothes that needed repair.

Those skills are rare today, and people will pay for them. This article shows how to grow this hobby into income.

Editor’s note – I madesome Tour De France bunting a couple of years ago and made a nice profit. Sewing flags and buntingfor celebration events can prove to be extremely profitable!

2. Crochet and Knitting

Along with sewing, we grew up with someone who was always knitting, whether that be a scarf, a blanket, or anything else. It seemed that someone was always hard at work.This hobby costs very little, just the cost of the knitting needles and yarn. You can make money using this process here.

3. Baking

Who doesn’t love freshly baked cookies? I know that I have at times bribed my coworkers by simply agreeing to make a batch of delicious cookies.For those of you who love to bake like me, this article will get you started.

4. Drawing or Painting

This is something that I have never been good at but so many of my friends and family excel at. It’s also something that you can make some extra cash with.If you have artistic skills and would like to learn how to make some extra income check out this post / video about enjoying your art, and make some money with it at the same time.

5. Teaching or Playing Music

I wanted to learn how to play the piano and found that the lessons would cost $50 for only 30 minutes. Just for fun I asked how much a lesson for a saxophone (an instrument I play well) would be and was quoted the same price.

It was then that I got the idea of tutoring on the saxophone. Even though I’ve never tried this, it’s still a great way to make some money and keep up with your own musical talents. See this teacher of 40 years give away how she got started and how you can too.

6. Be a Magician

Who isn’t intrigued by a magician when they see them? And some kids really do get to grow up to live their dream of becoming one. Some of us though will just learn a few tricks that may impress young kids at birthday parties and the like.If that’s you, then your hobby could make you some extra money, check out this post to find out more.

7. Metal Detecting

For a small start up fee, you could turn a hobby that helps you get into shape into something that feels more like a treasure hunt. If you’re interested in getting started check out this tutorial.

8. Photography

If you’re any good with a camera then the possibilities are truly endless. From stock photography to wedding photography, you could turn your hobby into cash. If you have ever thought about this then read how here.

9. Dog Walking or Sitting

My wife and I would love to have a dog, but aren’t allowed to where we live. So we borrow other people’s dogs so we can kind of get our fix (we do the same thing with kids too but that’s a whole other story).

If you like the idea of this, thenyou can actually turn your love of animals into something that can make you an income. Check out thisForbes article on how to cash in on people’s love for dogs.

10. Shopkicks

This is my wife’s hobby that makes her some money; she scans things at stores with this app and gets walk in “kicks” or points. She uses these “kicks” to get gift cards. For example she’s been able to buy tupperware and curtains with these, saving us nearly $200 hundred dollars. Go here for a step by step guide.

Conclusion

With so many possibilities out there, we can find a hobby that we enjoy… something we look forward to doing. At the same time, we can help our bank account get just a little bit larger.If none of these 10 ideas seem practical to you, then check out this articleright here on the blog,with 101 ways to make money at home.

It is possible to make money with your frugal hobbies and it’s possible to enjoy yourself while making money. With these tips you can do it!

What hobbies do you enjoy that have the potential of earning money?

______________________________________________________________

Author Bio:Tyler Philbrook runs the blog I Am The Future Me.He talks about his journey from $29,000 in debt to becoming financially independent by cutting costs, making more money, and making good financial decisions.

10 Frugal Hobbies That Will Actually Make Money (2)

Subscribe by email and receive a free ebook!

'The Gift of Debt' ebook will be delivered to your inbox within minutes.

By subscribing, you'll receive new blog updates by email and occasionally I might email you with any exciting news. I promise not to spam you and your details will never be passed on.

10 Frugal Hobbies That Will Actually Make Money (2024)

FAQs

What hobby makes the most money? ›

Best hobbies that can make good money
  • Social media. Social media can be a very profitable hobby. ...
  • Graphic design. Graphic design and illustration are lucrative hobbies and skills to have. ...
  • Writing. ...
  • Photography. ...
  • Website design and development. ...
  • Start a blog. ...
  • Teach art. ...
  • Sell antiques.

What is a hobby that requires little to no money? ›

Hiking. Hiking is the perfect fun inexpensive hobby if you love the outdoors. It provides the opportunity to take in amazing scenery, get some gentle exercises, and all without spending a cent.

What are some hobbies that cost money? ›

  • Bread baking. Baking your own bread is often considered low-cost and more affordable than buying bread from the store. ...
  • Board games. Game night with friends and family is a cherished tradition for many people. ...
  • Camping. ...
  • Collecting. ...
  • Cooking. ...
  • Traveling. ...
  • Watching movies.

How can I find a hobby without spending money? ›

  1. Writing. Writing... ...
  2. Hiking/Walking. Want to kill time, do something enjoyable, and maybe get or stay fit? ...
  3. Reading. I've talked about reading before, but too many people don't realize that reading can be a free activity. ...
  4. Exercise/Fitness. ...
  5. Learn A Foreign Language. ...
  6. Volunteering.
4 days ago

What is the number 1 hobby in the US? ›

When it comes to the most popular hobbies in the United States, cooking & baking tops the ranking.

What is the 5 hobby rule? ›

According to the five hobbies rule, you need one hobby to keep you active, one to keep you creative, one to make you money, one to build knowledge, and one to evolve your mindset! So, have you heard of this rule before?

What is the 3 hobby rule? ›

One to keep you creative, one to keep you fit and one to make you money. As a huge proponent of hobbies, it must be said, not all hobbies are created equally, and not all serve the same purpose.

What is the five hobby rule? ›

To recap: find five hobbies that you love: one to make you money, one to keep you in shape, one to be creative, one to build knowledge, and one to evolve your mindset. Do you have these five hobbies?

What is the most loved hobby? ›

What Are The 10 Most Popular Hobbies in the U.S.?
  • Cooking And Baking: 39%
  • Reading: 36%
  • Pets: 34%
  • Video Gaming: 32%
  • Watching TV – Including Netflix, Cable, etc: 31%
  • Sports: 28%
  • Fitness: 25%
  • Fine Arts (General Art, Painting, Drawing): 24%

How do I find a hobby that makes money? ›

Look for gaps in the market: Another way to figure out a hobby that can make money from is to look for gaps in the market. Once you've chosen an activity that you enjoy, conduct some market research to figure out what products or services people want, and see if your hobby can cater to them.

How to turn your hobby into a side hustle? ›

Turn your hobby into a profitable side hustle: tips for monetizing your passions
  1. Identify Your Hobby's Market Value. The first step in monetizing your hobby is determining if there's a market for it. ...
  2. Choose a Business Model. ...
  3. Set Your Prices. ...
  4. Build Your Brand. ...
  5. Stay Organized.
Dec 12, 2023

What to do in free time? ›

8 Productive Ways To Spend Your Leisure Time
  • Reading‍ Reading comes with innumerable advantages and benefits, especially amongst the youth. ...
  • Writing. We're out of the frying pan and into the fire with writing. ...
  • Learning a language. ...
  • Taking up a hobby. ...
  • Working out. ...
  • Playing a sport. ...
  • Socializing and networking. ...
  • Resting.
Jul 12, 2022

How do I find a hobby at 60? ›

Top 15 Hobby Ideas for Older People
  1. Sports. As we've already mentioned, it's especially important for older people to stay physically active. ...
  2. Fitness Activities. Sports might not be your cup of tea, but that's alright. ...
  3. Gardening. ...
  4. Gaming. ...
  5. Social Media. ...
  6. Cooking. ...
  7. Jigsaw Puzzles. ...
  8. Reading.

What is the highest paying thing to do? ›

Here are the highest paying jobs of 2024:
  • Anesthesiologist: $239,200.
  • Obstetrician and Gynecologist: $239,200.
  • Oral and Maxillofacial Surgeon: $239,200.
  • Psychiatrist: $226,880.
  • Nurse Anesthetist: $203,090.
  • Pediatrician: $190,350.
  • Orthodontist: $174,360.

What is the highest income skill in the world? ›

What are high-income skills?
  1. Artificial intelligence (AI) ...
  2. Cloud computing. ...
  3. Data science. ...
  4. Machine learning. ...
  5. Blockchain technology. ...
  6. Cybersecurity. ...
  7. Digital marketing. ...
  8. Robotics.
Mar 12, 2024

Which skill has most money? ›

8 High-Income Skills To Learn In 2024
  1. Data Analysis. Data analytical skills come handy in a variety of situations and careers, including within leadership and management roles. ...
  2. Project Management. ...
  3. UX/UI Design. ...
  4. Digital Marketing. ...
  5. AI (Artificial Intelligence) ...
  6. Leadership. ...
  7. Web Development. ...
  8. Sales.
Jan 22, 2024

How much money can you make as a hobby before paying taxes? ›

How much money can I make from my hobby without owing tax? If you earn more than $400 in a calendar year from your hobby, you should file a return and report it as self-employed income on your taxes.

Top Articles
Latest Posts
Article information

Author: Lidia Grady

Last Updated:

Views: 6583

Rating: 4.4 / 5 (65 voted)

Reviews: 80% of readers found this page helpful

Author information

Name: Lidia Grady

Birthday: 1992-01-22

Address: Suite 493 356 Dale Fall, New Wanda, RI 52485

Phone: +29914464387516

Job: Customer Engineer

Hobby: Cryptography, Writing, Dowsing, Stand-up comedy, Calligraphy, Web surfing, Ghost hunting

Introduction: My name is Lidia Grady, I am a thankful, fine, glamorous, lucky, lively, pleasant, shiny person who loves writing and wants to share my knowledge and understanding with you.