Anyone who knows me knows that I have more hobbies than I know what to do with. Just having one hobby can get expensive, but then you start adding in computer building, drone racing, sport shooting, or woodcraft and you can see your hobby budget dwindle quickly. Along with being loaded down with hobbies, I am very cheap. Maybe not cheap, but financially aware. With baby number 2 on the way, we are pinching every penny we can. We’re soon going to have to allot for diapers, and wipes, and all the other “stuff” that comes with bringing home another tiny human. And it’s not going to be cheap. With this in mind, I’m always thinking of ways to make things a little financially easier for all of us.
Enter the side hustle. I feel that everyone needs a hobby on the side that they not only enjoy but one that also generates a little extra income. As their father, I hope to pass down a good work ethic to my kids. And hopefully if they see me working hard so that we can easily have an extra fun night a week, they will catch on. Here are a few of the ways I generate a little bit of “fun money” while still having fun, and releasing a little stress. I have thrown a couple referral links in here in case any of you want to try them out. We would both get a little something if you do.
Woodwork has always been a passion of mine so I tried a few ways to monetize it. I quickly realized that large projects (furniture) were not my cup of tea since they consumed so much time and money but didn’t yield much joy…or money after all was said and done. I started turning smaller items like pens and keychains on a lathe and people got excited. I have now been actively turning these out for a little over two years and I am always having fun with it. Last year I brought in $2000 for the year minus equipment, which brings it down to around $700 in true profit. But like I said, I’m not going to retire on these side gigs, just provide an extra date night or family outing every now and then. You can find me on Etsy – I hope to have my shop back up and running soon. In the meantime, be sure to follow along on Instagram.
This is relatively new for me as I just started driving for them in the last month. Having a toddler around makes going out to dinner tough, so when we ordered Uber Eats for the first time, I picked the delivery guy’s brain for a few minutes to see what it was all about. I decided it would be an easy side hustle to add to my repertoire. The great thing is you can turn the app on or off whenever you want and it pays out weekly. I will usually go out a couple nights a week after Adeline goes to bed and I’ll bring in about $40/week minus gas. It’s also nice to just drive around and listen to podcasts while making a little extra money.
IT guys are always in demand. Sometimes, someone just needs to be told to ‘turn it off and on again.’ This side gig doesn’t usually yield much cash, but it can generate an endless supply of homemade cookies.
I was wondering if this would count as a side hustle or not and I ended up deciding that it could fit, but just by technicality. Warren Buffett once said “If you don’t find a way to make money while you sleep, you will work until you die” and I like that. I have always enjoyed playing with investments but never wanted to throw real money at it. Robinhood provides commission free trades, so I can hop in and out of stocks pretty much whenever I want without shelling out a ton of cash. The reason I put this under my side hustles is because I put a lot of what I have in there into high yield dividend funds, hence, money while I sleep. These funds produce about $10/month so nothing to go crazy about, but money is money.
What are you favorite hobbies? Do you (or does your husband/s.o.) have any side hustles? What would you do with a little extra money a week?