How To Treat Yourself With Pleasures That Pay

Many of us have probably been brought up with the mindset that you need to work really hard to earn money. While this might be true to some extent, as you will always need to make an effort to do anything worthwhile, perhaps it’s time to shake up this way of thinking.

With online commerce and a world full of opportunities, there are so many ways that you can treat yourself with pleasures that pay, and take what you enjoy doing from passion projects to steady paycheck.

In fact, the truth is that there are so many ways to take what you love and turn it into a lucrative enterprise, and it might be difficult to know where to start. To help you out, in this article we’ll share just some of the many ways to earn money doing the things you love. 

5 Ways to Treat Yourself With Pleasures That Pay

1. Turn Your Green Fingers into Greenbacks

If you’re passionate about growing plants, there is very likely an opportunity to earn some money getting your hands dirty. While you could do this just growing fruit and vegetables and selling them, there are many opportunities for specialised growing too.

For example, mushroom cultivation takes dedication and learning, so if you’re passionate about it, there will be many opportunities for you to grow and sell specialty mushrooms. In addition to this, cultivating selective plants like orchids could prove to be a thriving business, if you’re passionate about tending more delicate plants.

While growing and selling might be your first port of call, with “growing” interest in all kinds of small scale cultivation around the world, you could even turn your hand to teaching people how to grow to earn money (which brings us to the next point).

2. Share Your Knowledge as a Teacher Online

With the advent of YouTube and online learning platforms, there is no limit to the amount of information you can share. If you get really excited about sharing information and connecting with people, this could be an avenue to explore.

What’s more, you can even set up a paid subscription service with certain online platforms, that allow people to subscribe and pay for instalments. While you might use YouTube to build up to this point, there are many ways to monetise your YouTube channel once you have established a loyal audience (for example, working together with brands to promote them online).

However, before you do this it’s important to think about whether the skills and knowledge you have to offer is market ready. That being said, you never know what kind of following you might gain for even the most obscure hobby.

3. Turn Your Love of Sports into Cash

There are many people who are fanatical about sports around the world, but how many people actually turn this passion into earnings? If you’re a true fan, have the dedication to follow stats, and keep up with all the latest news, you could be a prime candidate for sports betting success.

Using a legitimate online gaming platform, you can start to earn money by just doing what you love doing, which is supporting your team, and keeping up with all of the latest fixtures.

Of course, you’ll need to be selective about what platform you use, but once you get going, there is a world of sports betting to take part in, once you’ve set up an account and connected your banking details.

4. Share Your Passion for Exercise

If you love to move your body, why not consider becoming a yoga, dance or fitness instructor, or something similar? What’s great about this passion project is you can do it both in-person and online, and can use the power of social media to grow a dedicated following.

Of course, you may need to spend a bit of money getting certified, but once you’ve done that, you’re free to target and cater for any market you choose, and this is where the fun comes in. This is because while there might be many similar kinds of instructors online, everyone’s body is different, and looking to work with someone who understands their needs.

Therefore no matter what you are passionate about, you are sure to find an audience that likes to move the way you do. Also, with so many people spending so much time sitting at their desks behind computers, being encouraged to move our bodies is now more timely than ever.

5. Tantalise Other People’s Tastebuds with Your Own Cooking

If you’re passionate about cooking, you’re sure to find a willing market wherever you go, as everyone likes to eat!

Whether you choose to offer a cooked food delivery service, or even cooking lessons (online or in-person), there is no limit to the inspiration you can share. With cooking such a big part of our lifestyles today, there is even more opportunity for you to work with restaurants and other foodie institutions once you’ve established yourself.

In fact, even if you’re just passionate about sharing your love of food with friends and family, this could already be a way to bring in some extra income.

As we have covered in the article above, there are many ways to earn money by doing what you love. There are of course many other ways that we haven’t covered, but this article gives you some ideas as to how to turn your pleasures into a paycheck.

Some of what we’ve mentioned includes ideas like growing plants, sharing your knowledge and teaching, online gaming, exercise and fitness as well as cooking. There are so many ways but these ideas are just meant to serve as a starting point to get you going. In fact, why not work together and collaborate with others to combine some of the ideas above for an even more successful business idea?

4 Things You Must Do Before You Buy a Car

It’s not hard to see why many of us aspire to car ownership. After all, not only is it much safer and secure to drive your own vehicle rather than use public transportation. But having an automobile around means that you can travel anywhere you want if and when the need arises. However, buying a car isn’t a cheap proposition. In actuality, it can put a considerable strain on your finances if you tackle the process lightly. So in the interest of getting a reliable vehicle that you’ll be happy to own at a manageable price, here are a few things that you must do before you purchase an automobile.

1. Make sure that you do your homework

Before you buy a car, one of the first things that you must do is research. After all, automobiles usually require sizable commitments of financial resources. And there’s hardly any reason to spend on a big-ticket item that is unable to deliver the results that you want. More importantly, taking the time to do your homework will also help you find cheaper alternatives and money-saving deals, which will make the purchase easier on your budget.

2. Explore your financing options

Let’s face it: very few of us have enough money to pay off a car in one sitting. And because of this fact, you’re likely to need some form of financing to purchase a vehicle. But while the sheer number of options available can make the task more than just a little overwhelming, it also presents us with a unique opportunity to get what we need on favorable terms. So before you make any commitments, make sure that you explore all available financing options and read through upgrade reviews.

3. Test drive the vehicle first

There’s a good reason why a test drive is necessary when shopping for a car. After all, not only will it give you the opportunity to assess its condition as well as its features. But it will also allow you to check whether or not it will deliver the driving experience that you want out of an automobile. So whether you’re buying a brand new vehicle or a second-hand model, always make sure to test it out first. It will save you money.

4. Check the resale value

Not unlike everything else, cars will eventually depreciate over time. And unless you plan on purchasing a classic automobile, there’s a good chance that you won’t get the same amount of money that you paid for it when the time comes to part ways with the vehicle. However, you can minimize the loss by checking the chosen model’s resale value first. As tedious as it might be, doing so will give you peace of mind that you’ll still get a sizable amount for it when you sell it.

Buying a big-ticket item like a car is never as simple as people make it out to be. However, by investing time and effort into research and preparation, you’ll be able to obtain the vehicle that you will deliver on your needs without having to commit a considerable amount of financial resources in the process.

5 Ways to Reduce Your Risk of Financial Hardship

Following the news can be alarming, especially when topics arise concerning the economy and the financial future. Whenever the markets take a dip or interest rates ride a roller coaster, it can have a devastating effect on your finances. Unfortunately, you can’t always foresee financial chaos or know how long a recession or uncertain economic conditions will last, so it is best to have a proactive approach to securing your financial health. As statistics show, 40% of Americans aren’t in a financial condition that can weather a recession.  It’s never too late to get your finances in order, protecting yourself from whatever fate may hold.

1. Start Reducing Debt

The most important thing you can do with your finances is to pay down your outstanding debt. Start with the high-cost debt, like credit cards, in order to give your budget a little breathing room. One of the biggest concerns for anyone during a recession or economic uncertainty is the loss of employment. Without job security, your financial situation is in jeopardy. Paying off outstanding obligations (no matter how big or small) can bring you some peace of mind when you find your income reduced. Even if a recession isn’t looming, it is always a good practice to get rid of debt. Prioritize what you owe, looking first at revolving credit lines that tend to have higher interest rates, then move on toward your mortgage and auto loans. There are several great sites online that can help you formulate a plan for paying off debt.

2. Secure Your Money

Most people aren’t stuffing cash under their mattresses in an attempt to keep their money safe, but there is still a need to keep an eye on your money. Opening a savings or checking account will give you a place to keep your money, and there are now options for completely digital banking. Credit Sesame, well-known for its services to monitor consumer credit scores, has extended its service options include online banking. With a Sesame Cash account, your money is kept secure in a financial institution backed by the FDIC. Not only this, but there are fee-free accounts that let you keep an eye on your finances every day, in addition to being able to track your credit score. With Sesame Cash, there is also an incentive program that pays you cash for improving your credit score.

3. Save, Save, Save

The threat of lost income or higher living expenses due to economic downturns can make it really difficult to live comfortably or even paycheck to paycheck. It is always in your best interest to save money well before any crisis happens, but you should definitely designate an emergency savings fund. Add a contribution to this fund as a part of your budget, making it an obligation. While it would come in handy whenever the economy shows signs of faltering, you could also rely on these funds for major car repairs, a medical crisis, or a home repair. Paying down your debt is a priority, but if you don’t anything in savings, you will just end up in more debt if you have to finance or borrow money to get out of an emergency situation. Try to get an emergency account going that has one month’s worth of living expenses. Continue to work on paying off your debt, and once that is accomplished, work your way up to at least six months of cash reserves.

4. Stop Making Purchases

To get on firm financial ground, you need may need to take drastic but swift action. Even though you may not be in a financial crisis right now, start evaluating what areas of life you could cut back on. You may be in the habit of eating out two or three times a week, but consider making a change to just once a week. Saving $40-$50 a week adds up to a couple of hundred dollars a month. You could either put that money towards your debt or stash it into your savings account. Sit down and make a list of all your monthly expenses. Identify the things that are a necessity, and label the things that are considered discretionary incomes. These are things you don’t need. You could eliminate subscription services that aren’t used very often, or you could give up your daily latte in favor of brewing a cup at home. Cutting back on the extras can get your spending and saving on track, making it easier to live within your means.

5. Stay Focused

Trying to save money and stay on track can get frustrating, especially when the unexpected happens. Kids need to go to the doctor or your tire needs to be changed. Until you have a solid savings account going, riding through financial hard times can be overwhelming. It may take finding supplementary income or making some major cutbacks in your discretionary spending, but the end results will be worth it.  Sit down with your family or partner and put your financial goals out in the open. Keeping everyone on the same page with finances helps with accountability, but it also makes the lifestyle transition easier.

Hearing that the economy might be taking a turn or that the stock market is on the verge of collapse is alarming news. Trying to make sure your finances can ride out the storm will be stressful if you haven’t taken steps to insulate yourself against disaster. With these five areas, you can better prepare yourself to stay on positive financial ground when the unexpected occurs.

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