Hobbies

Money Making Hobbies to Earn You Extra Income Every Month

In the age of the internet, it’s never been easier for people to make money from their hobbies. And it’s never been easier for those hobbies to eventually become a full-time profitable business.

On this page, you’ll find a list of hobbies that have the potential to earn you money every month. The amount you can earn from each one varies but they’re all do-able, even when you have a regular day job.

1) Blogging

The two main ways you can make money from blogging are 1) Start your own blog or 2) Find work as a freelance blogger.

The first option, starting a blog, is by far the best path to follow because the earning potential is greater than working for somebody else. The biggest issue you have is time. It takes many months and sometimes years to earn a decent living from a blog.

If you need cash quickly, choose the second option and blog for somebody else.

2) Selling stuff

To quote Madonna – “We live in a material world” and it doesn’t look like the age of consumerism is slowing down anytime soon. What is a bit of an issue for some people is a lack of funds. Which means they need to buy used stuff instead of buying new.

This creates an opportunity for you to offload the stuff you no longer want or need to people who do want or need that stuff!

You can get rid of the gear you no longer want at a car boot sale or through websites and apps. Check out the following guides for more information.

3) Website building

If you enjoy building websites in your spare time, making them for small businesses and charging them hundreds (or thousands) of dollars for your service, is definitely doable.

Even someone who hasn’t built a website before could learn how to do it in just a few hours. Once you built a few more and gained experience, you can go out and find some paying customers. Okay, you won’t be able to charge as much as the person who’s built websites for years, but in time, you will.

A good way to find customers is through Facebook or your family and social network. Just let people know that you’re willing to take on projects and if they know somebody who needs a site, to mention you. One or two projects a month will keep you busy and your bank account bulging.

4) Vlogging on YouTube

You can start a YouTube channel with nothing more than a smartphone. Money making opportunities won’t come straight away, though. You’ll need to build a following you can promote stuff to, show up in the organic search results or generate enough views to place adverts on top of your videos.

What kind of videos make money? A few suggestions include product reviews, unboxing/review and how-to tutorials. The way you make money from these videos is by linking to Amazon or another affiliate product from inside the description area.

People will watch your video, in which you’ll praise a product, show people how it works and mention that if they want to buy it, the links are below. A percentage of views will click those links and a subset of those people will buy the product and you’ll earn a commission for each sale.

You should fully disclose in your video that you’re an affiliate and will earn a commission from each sale.

To generate ad revenue, you’ll need to become a member of the YouTube Partner Programme. Here are the minimum eligibility requirements:

  • Follow all the YouTube monetisation policies
  • Live in a country/region where the YouTube partner programme is available
  • Have more than 4,000 valid public watch hours in the last 12 months
  • More than 1,000 subscribers
  • Have a linked AdSense account

As you can see, becoming a YouTuber isn’t a quick way to earn extra income. If this is something you’d like to get into, click this link for more details.

5) Influencing

To make money as an online influencer, you’ll need to have a large social media following. The most popular platforms in 2021 are Instagram and TikTok.

If you’re big on either of these platforms (or others – you just need a following) you can work with brands and companies to promote their products and services to your audience, which will in turn, earn you income from commissions and the deals you set up with each one.

6) Start an Amazon FBA business

FBA stands for ‘fulfilment by Amazon’. It works like this – you secure goods from somewhere, send them to Amazon, they let you advertise them via their website and when you make a sale, Amazon delivers the goods to the customer on your behalf.

They don’t do this for free, of course. You’ll need to pay a monthly fee to use the service and inventory fees based on everything Amazon stores for you at its warehouse, and fulfilment fees based on everything Amazon delivers for you.

The main benefit to this service is the access you have to millions of customers. There is no way you could reach so many people so quickly if you set up a traditional online store.

7) Become a Twitch streamer

Twitch is a livestreaming platform, primarily used by gamers. People earn their money in similar ways to online influencers – brand sponsorships and affiliate marketing – but also through subscriptions and tips from their audience.

Once again, making good money from Twitch livestreaming requires a massive audience but people with small audiences can make money too.

8) Podcasting

If livestreaming or making YouTube videos doesn’t appeal to you, how about starting a podcast? Look on iTunes or other listings’ websites and you’ll find podcasts on just about every subject. Typically they make money from advertising and sponsorship deals with brands and services, but it’s also possible to earn commissions from affiliate sales by providing listeners with a specific link that records the sales you generate.

Something else to think about: YouTube videos can be converted into a podcast by taking the audio file and uploading it services such as iTunes and Spotify.

9) Teach

Sharing your knowledge and experience is a great way to earn extra income.

There are several ways to do it:

  • Create online courses that people can take again and again with a website like Teachable.
  • Create video courses for a site like Udemy
  • Deliver one to one or on to many classes over video software such as Zoom

If you’re thinking this sounds way too complicated and time consuming for hobby, I tend to agree, but I also think it’s worth including for people researching alternative ways to generate income in a post-Covid world.

11) Through your social media accounts

Just because you’re not an influencer, Twitch streamer or YouTuber, doesn’t mean you can’t make money from your social media accounts. You can.

The way to do it is by using an affiliate link in your update and letting people know that the tweet, for example, is promoting a product or service by using a hashtag like #ad or #sponsored. Some of your followers will dislike this if you do it too often, so tread carefully.

12) Online surveys

Taking part in online surveys is an easy way to generate extra income each month. You can complete the surveys at any time during the day or night from the comfort of your own home, and get paid at the end of each month. For some, it’s better than spending hours watching TV!

Gaming

  • Become a gamer
  • Become a video game tester
  • Deal in old consoles, gear and collectibles

Creative

  • Draw portraits or caricatures of your friends
  • Draw pets and animals
  • Draw cartoons
  • Freelance writing
  • Photography
  • Fiction writing
  • Novel writing
  • Design t-shirts
  • Design clothing
  • Interior design
  • Make music
  • Upcycle anything (clothes, furniture, household items)

Education

  • Teach people a skill you have
  • One-on-one coaching
  • Consulting
  • Host a question and answer session
  • Public speaking
  • Event speaker

Food

  • Offer catering services (personal or group)
  • Bake celebration cakes
  • Start a food truck
  • Teach people how to cook

Sport

  • Become a sports commentator
  • Buy and sell sports memorabilia

Featured image by Shutterbug75 from Pixabay

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