At one point or another, it may have crossed your mind that there has to be more to striking it richer than your regular nine-to-five job. And that’s right—in order to make it big, you need to sweat the big stuff, but it’s not rocket science, really. Some simple hobbies you already seem to enjoy can turn you into a millionaire, sometimes in the long run, and sometimes overnight!
1. Stock Market & Investing
It’s probably the most obvious option, as it’s pretty much ‘the hobby of the rich.’ If you enjoy following the money market and have a good gut feeling when it comes to finances, go ahead and place the bet! You can buy shares or invest in small businesses that show potential. It’s a risky hobby for sure, but if you master it well, big bucks might start pouring in.
2. Contests & Sweepstakes
Another great idea to hit the jackpot is to make a habit of entering contests and sweepstakes. You can go for the cash prizes directly, or even sell the unwanted items you won—the outcome may range from a couple of movie tickets to a villa by the sea! If this sounds attractive already, make sure you study the sweepstakes registration requirements and pay attention to the legal details. Your luck will surely play a big part in your success, but when you take the right steps and be persistent, it can turn out to be a very fruitful hobby to pursue.
Who would have thought that something as leisurely and fun as video games would turn into one of the biggest industries of our time, even surpassing the movie and music industries? There’s a good number of people who professionally play video games and participate in worldwide tournaments. Even if you haven’t gone that far just yet, you can still start a streaming channel to share your gaming experience with others, or you can make a living from selling your successful video game accounts.
4. Blogging & Vlogging
Social media influencers and YouTubers are the glitterati of the Generation Y. They make money from ads and sponsorships, and if they happen to reach a large enough audience, opportunities come flowing with content creation, product placements, brand ambassadorships, affiliate marketing, and even physical products. So if you have something you’re ready to tell the world about, why not start a blog or a vlog, and become part of this huge online community?
5. Home Décor & House Flipping
It’s a known fact that large figures are at play in the real estate industry. But you don’t have to be an agent or a broker to make a profit out of people’s nesting instincts—if you have an aptitude for interior design, home décor and renovation, you can invest in old and decrepit properties, repair and renovate them, then put them back on the market for a significantly higher price. Though this may not necessarily sound like a “simple” interest, once you get a taste of it, it might become utterly fun and profitable at the same time.
Make It Your Own
While there may be dozens of other ways to make a fortune, what matters in the end is to find one that truly gives you pleasure. That’s what a hobby is supposed to be all about; and if it helps you pay the bills in the meantime, that’s the best of all possible worlds. So don’t forget to follow your heart, and who knows, maybe one day you’ll come up with your own idea that will put seven figures in your pocket!