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Hobbies For Your Income Lifestyle

Updated on November 21, 2017
Tricia Deed profile image

Tricia Deed writes about hobbies and leisure activities. Let's talk about a budget for our entertainment.

Travel Around The World

Visit this Thailand temple in the capital city of Chiang-mai.
Visit this Thailand temple in the capital city of Chiang-mai. | Source

Hobbies Are For Everyone

What part of your budget do you spend on hobbies? Or perhaps you do not maintain a budget and just spend whatever is necessary to participate in your hobby? In either situation I think it is safe to say that most people spend wisely or at least take care of their financial responsibilities before purchasing a service or a product to support their hobby or interest.

We can always find the financial means to participate in a hobby or an interest which appeals to our sense of pleasure. The interests which we support help to define a kaleidoscope of our personalities.

Reading - A Mental Hobby

Reading will open any world of interest you may have. There are no limits. This is an excellent hobby to entertain your mind to participate vicariously.
Reading will open any world of interest you may have. There are no limits. This is an excellent hobby to entertain your mind to participate vicariously. | Source

Hobbies - Low, Medium, and High Incomes

Minimum income: a person’s hobby will include those interests which can be done for free or very low cost. A few examples would include reading, writing, walking, running, and hiking, watching television, listening or playing music, listening to the radio, and fishing.

Middle income: Pursuing hobbies which may possibly be monetized for a career choice. There will be a small investment which is manageable. Examples of these hobbies are dancing, golfing and other sports, hunting, camping, gambling, billiards, collectibles, miniatures, arts and crafts, movies and theater performances, and gardening.

Upper middle income – These hobbies will require monies for supplies, class instruction, and include support activities, such as club memberships, inventory, equipment, and training manuals. Examples of these hobbies include photography, videographer, scuba diving, traveling, boating, gourmet cooking, fine art painting, and making fine jewelry from gems, gold, and platinum.

No financial limits – How lucky can you be? You are free to pursue any hobby or interest without concerns for dollars spent.

Regardless of your income everyone needs to participate in a hobby or interest of their choosing. It is wise to choose within your financial range so that you can pursue your heart’s desire for as long as you wish.

Fishing - Popular Hobby - Pond To Ocean

Fishing from a lake, river, seashore, or in the middle of the ocean is a hobby which will accommodate any level of income.
Fishing from a lake, river, seashore, or in the middle of the ocean is a hobby which will accommodate any level of income. | Source

Budget Limits

After you select a hobby, know and understand what is expected to support that hobby. The reason for this is to avoid disappointments should it have to be discontinued.

Five affordable methods to help make a decision:

  1. Ask questions of people who are active in the hobby or interest being considered.
  2. Read books and manuals which may be borrowed from your local library.
  3. Do online research.
  4. Observe or work with a mentor.
  5. Know the costs.

Hobbies can be categorized as arts, crafts, and sports. Be familiar with your talents and skills. You will need to invest in your shortcomings along with purchasing products and services.

There is nothing more frustrating when you can do the hobby, but seemingly out of the blue there is a law or requirement, or a large monetary investment that you knew nothing about which will impede progress.

Photography

Photography can be a very expensive hobby. But, if you narrow your choices it can be affordable.
Photography can be a very expensive hobby. But, if you narrow your choices it can be affordable. | Source

Hobby Rewards - Knowledge and Experiences

New knowledge and experiences are gained when pursuing a hobby and when finances slow down or block progress; do not worry. There is always a way to find or earn monies to overcome any financial obstacle. Many of us become very creative fund raisers because of our love for a hobby.

Earlier I had mentioned about working with a mentor. This is valuable for every aspects of your hobby. Whenever monies are holding you back, find employment within this area of interest. This type of employment is a gift as you are being paid for something that you love to do and receiving the benefits of on-the-job training.

Thinking about photography? But, camera expenses are of concern; seek employment in a camera shop or a photography studio. Your employment will be the supplemental hobby to support both your hobby and other financial responsibilities. This strategy applies to any hobby interest.

Arts and Crafts

Arts and crafts offer many business opportunities.
Arts and crafts offer many business opportunities. | Source

Monetize Hobby

There are thousands of hobbies and therefore thousands of income opportunities for the entrepreneurial-spirited beings who wish to be self-employed.

Being an expert in your field of interest is a stepping stone into a business which has every opportunity to become financially successful. Allow your hobby to become a business.

The average individual starts working at approximately 20 years of age. Retirement age is 67 in the United States. Forty-seven years of employment working to build another person’s dream may be best used to build your dreams.

Are you able to use your hobby in a business or have it become your stream of income, or funds for retirement?

Horseback Riding

Riding horses are an affordable income for upper middle class and the wealthy. Food, boarding, and veterinarian expenses are a constant expense. Other equipment such as the saddle, bridle, etc. are usually one-time investments.
Riding horses are an affordable income for upper middle class and the wealthy. Food, boarding, and veterinarian expenses are a constant expense. Other equipment such as the saddle, bridle, etc. are usually one-time investments. | Source

Hobbies Fulfill Our Pleasures

Hobbies make us happy, supplies our zest for living, keeps us enthused, alive, and energetic. Some of us will cheerfully support our hobby or let our hobby become a business or support our lifestyle. Yes, you can have more than one hobby.

6 Strangest Hobbies Ever

What kind of a hobbyist are you?

Do you enjoy hobbies?

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    • Tricia Deed profile imageAUTHOR

      Tricia Deed 

      8 months ago from Orlando, Florida

      Free hobbies are plentiful. It is our state of mind which thinks we are limited to our financial status. Writing is an excellent outlet. Look what it did to the author of the " Harry Potter" series. She supposedly spent two years on welfare assistance and today after publishing her writings she is a multi-millionaire. I wonder what her hobbies are today?

    • Coffeequeeen profile image

      Louise Powles 

      8 months ago from Norfolk, England

      Well, I'm on quite a low income, but I have quite a lot of hobbies. I do card making and read a lot of books too. Plus like to write about films I've seen etc, so always keep myself busy doing something!

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