$10k Challenge: Turn Your Hobby into an Extra Income

As you may have read a couple days ago, I'm on a quest to raise an additional $10k this year in income -- extra income outside my regular job. The numbers I ran show that making this amount and socking it away year after year can yield quite a sizeable next egg.

My first step towards $10k is to use my freelance writing "hobby" (or side business if you prefer) to earn $2,000 in extra income this year. I make $400 or so per article on average (depending on the length of the piece as well as the publication), so this means I only need to get five pieces picked up. I could do more (I've written upwards of 30 in a year before), but it takes too much time and effort -- and I think I can find other options to get me to $10k with less effort.

So what about you? Do you have a hobby that you enjoy that you could turn into an extra income? I'm sure many of you do.

Want some more thoughts on this subject? Then check out:

• Turning a Hobby Into a Small Business

• Turn Your Hobby into a Career and Love What You Do While You Earn

• Turn a Hobby into Income

Comments

[not confucius]

have you considered being a consultant to local businesses interested in developing a blog presence? you definitely have the qualifications, and i'm sure you could negotiate a fair price and be well on your way to $10k, if not more.

[Bob]

Just look to the right ->. I see links for "Income opportunity", "Make a ton of money", and "You want to make money?". Surely they have the answer for you. :)

[mbhunter]

I have a few other ideas for websites in the making. $10k extra would be fantastic. I'd be quite happy with $5k.

[Curt at PennyJobs.com]

How about re-packaging your money articles into eBooks and adding them to Amazon.com for reading with the ebook reader Kindly.

I have given it a try.

I have found that marketing is the key and you have a great platform with this blog to market your eBooks.

I'am starting to feel hopeless against the world. I make $12 an hour and I want to become financially secure. I own my own home. Been on my piece of a crap job for almost 10 years and have no idea what I really love. Hobbies..?????. How do I save if Iam already behind?