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:
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.
Posted by: not confucius | January 20, 2007 at 01:28 AM
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. :)
Posted by: Bob | January 21, 2007 at 10:08 PM
I have a few other ideas for websites in the making. $10k extra would be fantastic. I'd be quite happy with $5k.
Posted by: mbhunter | January 22, 2007 at 01:21 AM
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.
Posted by: Curt at PennyJobs.com | April 08, 2008 at 11:47 AM
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?
Posted by: | July 01, 2008 at 09:54 PM
Turning hobby into income is no mean task. It takes time and it takes passion. However, your hobby, if you are like me, is what you use to unwind. Like walking the dog, surfing the web or reading financial weblogs. That conversion is something worth doing though and I believe with the right balance and with a clear time horizon in view, most if not all hobbies can be converted to cash cows.
Posted by: Mcneri | May 01, 2010 at 03:17 PM
Turning a hobby into a paying job can be one of the most rewarding moves you could ever make. Though by no means an easy task, it is definitely doable.
The benefit of having a job which you really enjoy is immeasurable.
Great post, keep it up!
Posted by: Joel Gray | May 15, 2010 at 10:36 PM