The uncertainty that came with Covid-19 and lockdown restrictions has led many people down a money rabbit-hole, struggling to make ends meet. Some of you may have also been furloughed, in which case your income may be lower than it normally would be.
Because of this, the motivation and need to earn extra income has never been so rife.
Can my hobby make me money?
Absolutely! There are hundreds of hobbies out there which you can get into and can do so from the comfort of your own home. Some will inevitably be more profitable than others depending on what it is you’re wanting to get into. Understanding what your current skill set is and how much you’re willing to invest in the beginning will be the perfect start to discovering which hobby will be best for you.
To help you get some ideas, I’ve created a list of 50 Ways to Earn Extra Money. So let’s take a look.
Table of Contents
Are you Creative?
Fancy yourself an artist or enjoy creating things? The below hobbies will be perfect for you! Online platforms such as Etsy, eBay, Amazon and Shopify have made it super easy to establish your own business selling crafts.
- Soap Making
- Knitting
- Making pet clothes
- Macramé
- Crochet
- Candle Making
- Create cards for all occasions
- Paintings/Drawings
- Label-making
- Calligraphy writing
- Carpentry
Wish to be more cash savvy?
In these uncertain times, stretching cash in between pay days is the new norm’. Try to be more cash savvy by signing up to cashback sites such as Top Cashback (where you can earn cash back on purchases). You’ll be massively surprised at the savings you can make on these sites and I would highly recommend it for big purchases, such as a new broadband contract. Also use voucher codes/discount codes as seen on Honey and Vouchercodes.
- Cashback
- Voucher codes
- Collect coupons
- Sign up for an NUS discount card (if you’re still in education)
Wish to be more business’y?
See yourself as the next Lord Alan? Why not set up your own business or try something new.
- Start investing/trading
- Start a blog
- Become a brand ambassador/affiliate
- Start a Youtube channel
- Stream video games
Are you a foodie?
I don’t know about you, but all I’ve done during lockdown is eat countless letterbox brownies! Platforms such as Etsy have become so popular for these sorts of things.
- Sell baked goods
- Make your own jams
- Start home brewing
Declutter!
Hanging onto that dress you haven’t fitted into for 5 years? Get rid! Selling your items on platforms such as Shpock or Depop (or Music Magpie for tech) can earn you lots of $$.
- Sell your clothes/shoes/books
- Sell your old mobile phones/tech
- Sell images to Shutterstock
- Buy and sell antiques
- Buy and sell job lots
Start an online class
Do you usually host a class but have not been able to during lockdown? Why not create a virtual Zoom class and collect subscriptions as usual.
- Online comedy show
- Become an online tutor/coach
- Start a fitness class – Yoga/Dance/PT
- Feng shui/Interior design
Sell a service
Hone in on those skills and offer out your services. Unless you’re trying out something new, utilising your current skill set should be the perfect hobby choice (as you should already be half decent!).
- Become a virtual assistant
- Dog walk/dog sit
- Babysit
- Start an afterschool club
- Professional services/advice
- Bookkeeping
- Proofreading
- Online surveys
- Event planning
- Freelance writing/blogging
- Social media manager
- Video editing
- Voice-over work
- Create a local guide/tours/walks
- Become an Uber or Deliveroo driver
- Coding
- Web design
- Rent your driveway
I hope this has given you some food for thought and got those creative juices flowing!
But don’t forget….A great way to earn extra income, is to in fact cut your costs! By building a budget and identifying where you can decrease your expenditure, you will by proxy find that, your disposable income will increase. For more details on how to set up a budget, head over to my Beginner’s Guide to Budgeting, or if you prefer a detailed step by step, then head here.
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