hobby http://www.wisebread.com/taxonomy/term/3341/all en-US Are You Ready to Turn Your Hobby Into a Business? http://www.wisebread.com/are-you-ready-to-turn-your-hobby-into-a-business <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/are-you-ready-to-turn-your-hobby-into-a-business" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/hobby-83402322.jpg" alt="knitting" title="knitting" class="imagecache imagecache-250w" width="250" height="141" /></a> </div> </div> </div> <p>Do you have a hobby you enjoy? This can be anything from painting to building furniture to playing video games. In other words, anything you do in your spare time to have fun. (See also: <a href="http://www.wisebread.com/10-awesome-money-making-hobbies?ref=seealso">Awesome Money-Making Hobbies</a>)</p> <p>While some people are content with keeping their hobby a hobby, others get the bright idea of turning theirs into a side gig or business. They begin to wonder if there's a way to take their favorite activity and turn it into a money-making machine.</p> <p>Before you make this big decision, it is imperative to consider the pros and cons. If you take the leap without thinking twice, you may find that you have killed your hobby and are now in over your head. (See also: <a href="http://www.wisebread.com/the-10-worst-ways-to-make-extra-money?ref=seealso">The Worst Ways to Make Extra Money</a>)</p> <h2>Can You Handle the Pressure of Turning Your Hobby Into a Business?</h2> <p>A hobby is supposed to be fun. A hobby is something you turn to when you are looking to relax and escape the stress of your everyday life. The second you turn this into a side gig, everything is going to change. Now, there is a lot of pressure on you to perform.</p> <p>Let's look at the example of somebody who enjoys painting. When this is a hobby, you don't have any pressure to make the piece &quot;marketable.&quot; You don't have to concern yourself with what others may think. In other words, you are painting because it is something you love.</p> <p>Once you turn this into a business, however, everything changes.</p> <ul> <li>Do you have a plan for selling the piece?<br /> &nbsp;</li> <li>Can you work fast enough to make it worth your while?<br /> &nbsp;</li> <li>What will you do if a customer is unsatisfied?</li> </ul> <p>As you can see, there are many questions you need to answer. As a hobby, your only concern was the actual painting. Once it is a side gig, everything else is a concern.</p> <h2>Do You Have Enough Time?</h2> <p>A hobby doesn't require you to work a certain amount of hours. You don't answer to anybody but yourself. If you decide to take a day or week (or longer) away from your favorite activity, it really doesn't matter.</p> <p>When you have a side business, there is no walking away, especially if you have customers who rely on you or orders you have to fulfill.</p> <p>The big question is this: Do you have enough time in your day to handle your full-time job, personal life, and the side gig? If you bite off more than you can chew, you could find yourself strapped for time. You'll be making a few extra dollars each month, but you may find it coming at a cost, such as less time with your family or your other work suffering as a result. (See also: <a href="http://www.wisebread.com/the-secret-to-time-management-and-work-life-balance?ref=seealso">The Secret to Work Life Balance</a>)</p> <h2>Are You Prepared for the Risk?</h2> <p>Starting a business, regardless of the size or industry, is a big risk. This is particularly true if it will cost you a lot of money to get up and running.</p> <p>There is no denying the fact that a bigger risk comes with a bigger potential reward, but you must decide early on if you are willing to put yourself on the line. Are you OK with losing money if your move from hobby to business fails? Are you OK ith wasting a lot of time should things not work out?</p> <h2>Questions to Answer</h2> <p>At this point, you may be so scared about turning your hobby into a side gig that you never let this cross your mind again. But remember, it's not all bad. There are many people who've taken something they love and turned it into something that earns them a lot (or a little) money. (See also: <a href="http://www.wisebread.com/10-great-home-based-side-business-ideas?ref=seealso">10 Great Home-Based Side Businesses)</a></p> <p>By answering these questions, you may find it much easier to decide what to do next.</p> <ul> <li>Do you enjoy your hobby so much that you wouldn't mind if it turned into a money-making business?<br /> &nbsp;</li> <li>Would you shy away from your hobby in the future should your business flop?<br /> &nbsp;</li> <li>Are you the type of person who can deal with the pressure of owning their own business?<br /> &nbsp;</li> <li>Do you have the time to start a side business?<br /> &nbsp;</li> <li>Will your side gig pose too much of a risk?</li> </ul> <p>Now that you understand when you shouldn't make your hobby a side gig, you can decide which steps to take next. Tread softly as this is a decision that will impact your life on many different levels.</p> <p><em>Have you turned a hobby into a side business? Please share your experience in comments!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/mikey-rox">Mikey Rox</a> of <a href="http://www.wisebread.com/are-you-ready-to-turn-your-hobby-into-a-business">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-bodily-fluids-you-can-exchange-for-cash">5 Bodily Fluids You Can Exchange for Cash</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/13-ways-to-make-money-online-that-arent-scams">13 Ways to Make Money Online That Aren&#039;t Scams</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-ways-to-sell-your-body-to-science">6 Ways to Sell Your Body to Science</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-new-income-streams-anyone-can-create">5 New Income Streams Anyone Can Create</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-signs-its-time-to-make-your-side-gig-your-career">6 Signs It&#039;s Time to Make Your Side Gig Your Career</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Extra Income business extra income hobby hobby business side business Thu, 24 Apr 2014 08:36:22 +0000 Mikey Rox 1136716 at http://www.wisebread.com 12 Gift Ideas for Crafters http://www.wisebread.com/12-gift-ideas-for-crafters <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/12-gift-ideas-for-crafters" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/hobby-137741509.jpg" alt="crafts" title="crafts" class="imagecache imagecache-250w" width="250" height="141" /></a> </div> </div> </div> <p>Got someone on your list who loves to make her own jewelry, sew his own clothes, and is a minor celebrity on Pinterest? Here are some ideas that'll to help you cross your friend off your holiday shopping list. (See also: <a href="http://www.wisebread.com/10-holiday-gifts-that-you-yes-you-can-make-with-paper?ref=seealso">10 Gifts You Can Make With Paper</a>)</p> <h2>1. Decorative Tape</h2> <p><a href="http://www.amazon.com/s/?_encoding=UTF8&amp;camp=1789&amp;creative=390957&amp;field-keywords=decorative%20tape&amp;linkCode=ur2&amp;tag=holidaygiftg-20&amp;url=search-alias%3Daps">Decorative tape</a> is an essential item in any crafter's arsenal and they can't get enough of it. A popular type is <a href="http://www.amazon.com/gp/product/B00BJSQY3E/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00BJSQY3E&amp;linkCode=as2&amp;tag=holidaygiftg-20">Washi tape</a>, which comes in gorgeous designs. (See also: <a href="http://www.wisebread.com/25-awesome-useful-gifts">20+ Useful Gifts</a>)</p> <h2>2. Metal Stamps</h2> <p>Customize jewelry with initials and designs with <a href="http://www.amazon.com/s/?_encoding=UTF8&amp;camp=1789&amp;creative=390957&amp;field-keywords=decorative%20tape&amp;linkCode=ur2&amp;tag=holidaygiftg-20&amp;url=search-alias%3Daps">metal stamps</a>. Pick up this highly rated how-to guide to <a href="http://www.amazon.com/gp/product/1596681772/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=1596681772&amp;linkCode=as2&amp;tag=holidaygiftg-20">making custom jewelry</a>.</p> <h2>3. Screen Printing Kit</h2> <p>Create your own shirts and other accessories with <a href="http://www.amazon.com/s/?_encoding=UTF8&amp;camp=1789&amp;creative=390957&amp;field-keywords=screen%20printing%20&amp;linkCode=ur2&amp;tag=holidaygiftg-20&amp;url=search-alias%3Daps">screen printing</a>. Simple and easy to get started today!</p> <h2>4. Rotary Cutter</h2> <p>Easier to handle than scissors, a <a href="http://www.amazon.com/gp/product/B000B7M8WU/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B000B7M8WU&amp;linkCode=as2&amp;tag=holidaygiftg-20">rotary cutter</a> makes cutting a variety of fabrics simple. (See also: <a href="http://www.wisebread.com/how-to-make-your-own-curtains?ref=seealso">Easy Homemade Curtains</a>)</p> <h2>5. Glue Gun</h2> <p><a href="http://www.amazon.com/gp/product/B0009XTPAO/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B0009XTPAO&amp;linkCode=as2&amp;tag=holidaygiftg-20">Glue guns</a> can glue material such as wood, plastic, metal, ceramics, fabric, and more. A must have for any crafter. A <a href="http://www.amazon.com/gp/product/B004C6LMY6/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B004C6LMY6&amp;linkCode=as2&amp;tag=holidaygiftg-20">glue gun helpers kit</a> will be a useful addition as well.</p> <h2>6. Martha Stewart</h2> <p>Martha Stewart, the queen of crafters, will inspire and bring out the creative juices. Get a <a href="http://www.amazon.com/gp/product/B005WYSJQ6/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B005WYSJQ6&amp;linkCode=as2&amp;tag=holidaygiftg-20">Martha Stewart Living Magazine</a> subscription or her <a href="http://www.amazon.com/gp/product/0307450570/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=0307450570&amp;linkCode=as2&amp;tag=holidaygiftg-20">Encyclopedia of Crafts</a>.</p> <h2>7. Fusing Kit</h2> <p>For those who love to make their own jewelry, this <a href="http://www.amazon.com/gp/product/B001O5ULP4/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B001O5ULP4&amp;linkCode=as2&amp;tag=holidaygiftg-20">fusing kit</a> allows you to create stunning pendants, earrings, and bracelets in your microwave!</p> <h2>8. Embroidery Machine</h2> <p>An embroidery machine will allow you to add fun, colorful designs on your creations. This <a href="http://www.amazon.com/gp/product/B003AVMZA4/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B003AVMZA4&amp;linkCode=as2&amp;tag=holidaygiftg-20">Brother Combination Computerized Sewing and Embroidery Machine</a> includes a built-in embroidery design library of 70 designs, or upload your own.</p> <h2>9. Sewing Machine</h2> <p>If your friend doesn't already have a sewing machine, this <a href="http://www.amazon.com/gp/product/B000JQM1DE/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B000JQM1DE&amp;linkCode=as2&amp;tag=holidaygiftg-20">Brother CS6000i</a> is <em>the </em>machine to get, according to over 2000 reviews on Amazon. (See also: <a href="http://www.wisebread.com/the-5-best-sewing-machines?ref=seealso">Top 5 Sewing Machines</a>)</p> <h2>10. Die Cut Machine</h2> <p>Die cut machines cuts various types of material, such as paper, cardstock, and fabric, to specific specs and designs. The three most popular machines are the <a href="http://www.amazon.com/gp/product/B007R83VKE/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B007R83VKE&amp;linkCode=as2&amp;tag=holidaygiftg-20">Silhouette Cameo</a>, <a href="http://www.amazon.com/gp/product/B000WOV83M/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B000WOV83M&amp;linkCode=as2&amp;tag=holidaygiftg-20">Cricut Expression</a>, and the <a href="http://www.amazon.com/gp/product/B00BWJCCI6/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00BWJCCI6&amp;linkCode=as2&amp;tag=holidaygiftg-20">Sizzix Big Shot</a>. You can also pick up <a href="http://www.amazon.com/gp/product/B005S2O61E/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B005S2O61E&amp;linkCode=as2&amp;tag=holidaygiftg-20">replacement blades</a>, <a href="http://www.amazon.com/gp/product/B00BD10GZ4/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00BD10GZ4&amp;linkCode=as2&amp;tag=holidaygiftg-20">cartridges</a>, and <a href="http://www.amazon.com/gp/product/B001CE3CGM/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B001CE3CGM&amp;linkCode=as2&amp;tag=holidaygiftg-20">other accessories</a> if your friend already has one of these.</p> <h2>11. Thermal Laminator</h2> <p><a href="http://www.amazon.com/gp/product/B0010JEJPC/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B0010JEJPC&amp;linkCode=as2&amp;tag=holidaygiftg-20">Thermal Laminators</a> allow you to create reusable items like calendars and signs, protect projects like posters, collages, and a host of arts and crafts projects.</p> <h2>12. 3D Printer</h2> <p>A 3D printer will allow any crafter to create a variety of customized items. It's also a <a href="http://www.wisebread.com/8-reasons-why-you-should-get-a-3d-printer">versatile device that can help anybody save money</a>.</p> <p><em>What's on your crafter's wish list this year?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/lynn-truong">Lynn Truong</a> of <a href="http://www.wisebread.com/12-gift-ideas-for-crafters">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/holiday-gifts-for-your-co-workers">20 Gift Ideas for Your Co-Workers</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-great-gift-ideas-for-geeky-fanboys-and-fangirls">10 Great Gift Ideas for Geeky Fanboys and Fangirls</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/9-holiday-gifts-to-give-the-neighbor-you-like">9 Gifts to Give the Neighbor You Like</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-holiday-stocking-stuffers-for-techies">10 Holiday Stocking Stuffers for Techies</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ultimate-gift-guide-thoughtful-ideas-for-every-list-and-every-budget">Ultimate Gift Guide: Thoughtful Ideas for Every List and Every Budget</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Shopping Buying Guides buying guide crafts gifts hobby holiday gift guide product reviews Thu, 28 Nov 2013 11:24:05 +0000 Lynn Truong 1098788 at http://www.wisebread.com Become a Producer to Put Your Consumption in Perspective http://www.wisebread.com/become-a-producer-to-put-your-consumption-in-perspective <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/become-a-producer-to-put-your-consumption-in-perspective" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/home-4361219-small.jpg" alt="carpentry" title="carpentry" class="imagecache imagecache-250w" width="250" height="167" /></a> </div> </div> </div> <p>Since the invention of agriculture, and especially since the industrial revolution, the division between what we call production and what we call consumption has grown increasingly stark. This is crazy. (See also: <a target="_blank" href="http://www.wisebread.com/the-freedom-of-the-independent-yeoman">The Freedom of the Independent Yeoman</a>)</p> <p>Oh, there's a reason for it &mdash; if everybody specializes in whatever they do best, all our standards of living go up.</p> <p>Whether the thing you do best is drive a truck or operate precision machine tools or write software or style hair, it makes the most economic sense for you to do that thing for as many hours a week as practical, and then use the money you earn to buy the necessities of life.</p> <p>Even if you're a polymath who can do carpentry as well as the best cabinet maker <em>and</em> brand steers as well as the best cowboy, it makes no economic sense to try to do both jobs for yourself (and not just because of the overhead of switching from workshop to open range). If you stick to what you do best and I stick to what I do best, and then we use economic transactions to trade for what we need, we both come out ahead.</p> <p>That simple fact does not make it reasonable to create this rigid binary division in our lives. Many things can &mdash; and should &mdash; be both production and consumption.</p> <h2>Why You Should Expand Your Production</h2> <p>Your standard of living is usually measured by how much money you spend getting the things you want, and by that standard you're always going to come out ahead working more hours at your regular job, earning more money, and then spending it on stuff you want.</p> <p>So, of course, what I'm saying is that that standard is wrong. There are a bunch of <em>non-economic</em> advantages to including some production in your life, besides your regular job. Let's look at some of the key ones.</p> <p><strong>It's More Fun</strong></p> <p>Maybe whatever you do for your job is the <a target="_blank" href="http://www.wisebread.com/dream-job-or-day-job">most fun thing you can think of</a> to do. I hope so &mdash; that's the best situation to be in. But even people who love their jobs usually have other things they want to do, too. Some of those things will be pure consumption &mdash; eating dinner, watching a movie, playing a video game &mdash; but some of them will have a component of production &mdash; knitting a sweater, painting a picture, working in the garden. Do not disdain the productive aspects of these sorts of activities, just because you'd be &quot;more productive&quot; at your regular job.</p> <p><strong>It's Higher Quality, Maybe</strong></p> <p>For a lot of things, you can't produce a higher quality item than you can buy. (You can't make a better cell phone or camera lens, for example.) But there are a bunch of ways that your own production can be better than what you can buy. You can use better raw materials &mdash; knitting with premium wool. You can produce exactly what you want &mdash; cooking dinner exactly to your own taste. You can add a personal touch &mdash; writing your own condolence notes.</p> <p><strong>It's More Satisfying</strong></p> <p>A lot of the things where the quality of what you produce doesn't quite measure up can still be entirely satisfactory &mdash; and more satisfying. Anybody can whittle a wooden spoon, and even your first efforts are probably going to be good enough to use in the kitchen, even if you could buy a better wooden spoon for less than the cost of a piece of wood suitable for whittling. It would probably take years of practice (not to mention a forge or metal shop) to make a kitchen knife as good as one you can buy for a few dollars &mdash; but if you enjoy the work, even your early practice knives are going to be good enough to use, and much more satisfying than an $8 knife from a big box store.</p> <p><strong>It's More Dependable</strong></p> <p>It's always more dependable to do something yourself than to seek it in the money economy. When you do, you're insulated from global corporations deciding that whatever you want is no longer sufficiently profitable to produce, or should be produced in inferior form, or should be sold at a higher price. You're also much less dependent on the smooth functioning of the economy &mdash; each thing you can produce yourself is one thing you can be sure you can provide for your family, even if you lose your job.</p> <p><strong>It's Healthier</strong></p> <p>This comes to the fore with food-related production: gardening and cooking. From a health perspective, you're way ahead of the game cooking your own food as compared buying industrial food. Food you grow in your garden is unquestionably fresher than anything you can buy, and it's probably more nutritious as well (not to mention tastier). But not just food falls into this category. You can choose your own lawn care chemicals, if you do your own yard work, for example.</p> <p><strong>It's More Ethical</strong></p> <p>Each thing you can produce for yourself is one more thing you can be comfortable consuming, without having to worry if it was produced in a sweatshop by child laborers or prisoners or slaves. You can know that it wasn't tested on animals. You can know that it is made from materials produced in a sustainable manner.</p> <p><strong>It's Possible</strong></p> <p>When you think about it, the whole idea that you could just work one more hour and earn another hour's pay may be completely false. A lot of people are on salary &mdash; they can work all the hours they want, but they won't get paid any more. A lot of other people are already working as many hours as their employer has available. A lot of people don't even have regular jobs. What they can earn for each extra hour worked is hard even to know. But you can always produce the things you need and know you'll have those things.</p> <h2>How You Can Produce</h2> <p>In the examples above, I've already implied a bunch of ways you can add production to your life, but here's a short list of some of the most obvious &mdash; the ones that anyone can do.</p> <p>All of these are, of course, in addition to your regular job, your regular contracting gig, or your regular profession.</p> <p><strong>Cooking</strong></p> <p>Cooking is probably the most basic way to add production into your life. It's always going to be <a target="_blank" href="http://www.wisebread.com/frugalize-any-recipe">cheaper and healthier</a> than eating out, and <a target="_blank" href="http://www.wisebread.com/teach-yourself-to-cook">probably quicker and easier</a> as well. It can also produce better tasting food, if you put a little effort into getting good at it.</p> <p><strong>Your Garden</strong></p> <p>Gardening is a bigger step than cooking, but it doesn't have to be a huge step. A few pots on the windowsill can give you fresh herbs that will taste way better than anything you can buy in a jar. Even a small patio or balcony has room for a pot to grow a tomato plant or a pepper plant. Even the smallest patch of ground has enough space to grow some lettuce, spinach, kale, mustard or collard greens. It is immensely satisfying to eat food that you grew yourself.</p> <p><strong>Your Hobby</strong></p> <p>When people think of the economic impact of the hobby they're usually listing it as an expense &mdash; the cost of tools and supplies. If they think of it as production, they're usually thinking of what they can make and sell. But many other things are also production; things you make and use. Things you make and trade. Things you make and give away. <a href="http://www.wisebread.com/make-your-hobby-pay-its-way">Any hobby</a> where you make something is production.</p> <p><strong>Household Repair and Maintenance</strong></p> <p>This is the classic example of coming out ahead by sticking to the money economy &mdash; work at your regular job; pay someone to do your yard work for you. This is all the more true for work that requires specialized tools, such as car repair, where someone who specializes in the work can keep their tools busy. And yet it remains the case that doing it yourself can be more dependable (no more waiting around for a workman who doesn't show up), more satisfying (getting something done the way you want it), healthier (choosing what chemicals your family gets exposed to), and all the other advantages listed above.</p> <p><strong>Solar Panels, etc.</strong></p> <p>Just like a garden is an opportunity to have your yard produce for you, things like solar panels are a way for you to <a target="_blank" href="http://www.wisebread.com/non-financial-investments">have production happen</a> without having to do anything yourself. (And solar panels are getting cheaper all the time.) Something as simple as a rain barrel, catching water that falls on your roof so that you can use it later to water your lawn or garden, makes you that much less dependent on the money economy.</p> <p>Be careful about dividing your life into production and consumption. Many areas of your life can &mdash; and should &mdash; be both at the same time. I like to start each day with a bit of production, just to know that I've done so, even if I do quite a bit of consuming later in the day.</p> <p><em>How about you? What do you produce that isn't part of your regular job?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/philip-brewer">Philip Brewer</a> of <a href="http://www.wisebread.com/become-a-producer-to-put-your-consumption-in-perspective">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/choosing-a-luxury-eccentricity">Choosing a Luxury Eccentricity</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/make-your-hobby-pay-its-way">Make Your Hobby Pay Its Way</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/beware-of-pretty-things-4-reasons-im-keeping-my-ugly-old-stuff">Beware of Pretty Things: 4 Reasons I’m Keeping My Ugly, Old Stuff</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/book-review-the-self-sufficient-life-and-how-to-live-it">Book review: The Self-Sufficient Life and How to Live It</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/money-making-hobby-panning-for-gold">Money making hobby: panning for gold</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Lifestyle consumer hobby self-sufficiency Wed, 03 Jul 2013 10:36:30 +0000 Philip Brewer 980306 at http://www.wisebread.com Ask the Readers: How Do You Save Money on Your Hobbies? http://www.wisebread.com/ask-the-readers-how-do-you-save-money-on-your-hobbies <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/ask-the-readers-how-do-you-save-money-on-your-hobbies" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/3337795296_8ce5dfed2a_z-1.jpg" alt="How Do You Save Money On Your Hobbies?" title="How Do You Save Money On Your Hobbies?" class="imagecache imagecache-250w" width="250" height="141" /></a> </div> </div> </div> <p><em>Editor's Note: Congratulations to </em><a href="http://www.wisebread.com/ask-the-readers-how-do-you-save-money-on-your-hobbies#comment-533292"><em>Melissa Hansson</em></a><em>, </em><a href="http://www.wisebread.com/ask-the-readers-how-do-you-save-money-on-your-hobbies#comment-533253"><em>Alex J</em></a><em>, and </em><a href="http://www.wisebread.com/ask-the-readers-how-do-you-save-money-on-your-hobbies#comment-533254"><em>Margaret Davis</em></a><em> for winning this week's contest!</em></p> <p>If you have any free time after work or on the weekends, you probably have some sort of hobby you participate in to pass the time. Whether you are a guy who loves to work on his car, a beach fanatic who enjoys surfing, or a movie buff who must see the latest movie as soon as it comes out, your hobby probably costs you money. Chances are you have figured out how to keep your passion for your hobby alive without breaking the bank!</p> <p><b>How do you save money on your hobbies?</b><span style="font-weight:normal">&nbsp;Do you use discount sites? Buy previously used equipment? Or do you have other tricks to help you participate in your favorite hobby frugally?</span></p> <p>Tell us how you save money on your hobbies and we'll enter you in a drawing to win a $20 Amazon Gift Card!</p> <h2>Win 1 of 3 $20 Amazon Gift Cards</h2> <p>We're doing three giveaways &mdash; one for random comments, one for random Facebook &quot;Likes&quot;, and another one for random tweets.</p> <h3>Mandatory Entry:&nbsp;</h3> <ul> <li>Post your answer in the comments below&nbsp;</li> </ul> <h3>For extra entries (1 per action):</h3> <ul> <li>Go to our <a href="http://www.facebook.com/pages/Wise-Bread/26830741467?ref=ts">Facebook page</a>, &quot;Like&quot; us, and leave a comment on this article telling us you did, or</li> <li><a href="http://www.twitter.com/">Tweet</a> your answer. You have to be a follower of our <a href="http://twitter.com/wisebread">@wisebread account</a>. Include both &quot;@wisebread&quot; and &quot;#WBAsk&quot; in your tweet so we'll see it and count it. Leave a link to your tweet (click the timestamp for the individual URL) in a separate comment.</li> </ul> <p><strong>If you're inspired to write a whole blog post OR you have a photo on flickr to share, please link to it in the comments or tweet it.</strong></p> <h4>Giveaway Rules:</h4> <ul> <li>Contest ends Monday, May 7th at 11:59 pm Pacific. Winners will be announced after May 7th on the original post. Winners will also be contacted via email.</li> <li>You can enter all three drawings &mdash; once by leaving a comment, once by liking our Facebook update, and once by tweeting.</li> <li>This promotion is in no way sponsored, endorsed or administered, or associated with Facebook.</li> <li>You must be 18 and US resident to enter. Void where prohibited.</li> </ul> <p><strong>Good Luck!</strong></p> <div class="field field-type-text field-field-blog-teaser"> <div class="field-items"> <div class="field-item odd"> Tell us how you save money on your hobbies and we&#039;ll enter you in a drawing to win a $20 Amazon Gift Card! </div> </div> </div> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/ask-the-readers-how-do-you-save-money-on-your-hobbies">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-4"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ask-the-readers-200-giveaway-what-does-corporate-social-responsibility-mean-to-you">Ask the Readers $200 Giveaway: What Does Corporate Social Responsibility Mean to You?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/getting-by-without-a-job-part-2-boost-income">Getting by without a job, part 2--boost income</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ask-the-readers-what-is-your-new-years-resolution">Ask the Readers: What Is Your New Year&#039;s Resolution?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ask-the-readers-what-is-your-dream-job-0">Ask the Readers: What is Your Dream Job?</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/make-your-hobby-pay-its-way">Make Your Hobby Pay Its Way</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Giveaways Ask the Readers hobbies hobby saving Tue, 01 May 2012 10:36:10 +0000 Ashley Jacobs 926044 at http://www.wisebread.com Choosing a Luxury Eccentricity http://www.wisebread.com/choosing-a-luxury-eccentricity <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/choosing-a-luxury-eccentricity" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/fountain-pens-with-notebooks-and-ganesh-sculpture.jpg" alt="Fountain pens with notebooks and Ganesh Sculpture" title="Fountain Pens with Notebooks and Ganesh Sculpture" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>One piece of the &quot;keeping up with the Joneses&quot; problem is external. It's not just that you're inclined to want what others have; it's that your family, friends, neighbors, coworkers, business contacts, and mentors tell you that you need to have certain things &mdash; otherwise you're a bad spouse or unprofessional or a blight on the neighborhood. I have a trick for dealing with that.</p> <p>This is separate from dealing with your own internal wants. Those can also be tough to deal with, but at least there the path is clear: prioritize. When I was making the shift to spending less and saving more, I was able to deal with my own wants because I'd decided that what I really wanted was to arrange my life so that I could be a full-time writer. However much I wanted a faster car or a bigger house or a newer gizmo, I wanted to be a writer more.</p> <p>But in the real world there are a lot of other pressures on you to spend money. Maybe your neighbors want you to have a weed-free lawn. Maybe your boss wants you to carry a nicer briefcase when you meet clients. Maybe your kids want you to own a cooler car. Maybe your girlfriend wants you to upgrade your wardrobe.</p> <p>A luxury eccentricity helps you stand firm against those pressures while deflecting the ill feelings that can otherwise result.</p> <h2>The Luxury Eccentricity Trick</h2> <p>A luxury eccentricity is just some small area of your life where you pay up for top quality. Having one helps make <em>other people</em> more comfortable with <em>your </em>choices. It does this two ways:</p> <ol> <li>It makes it clear that you're not stingy, depressive, a miser, or a guy who has no life.</li> <li>It justifies your frugality in other areas.</li> </ol> <p>When other people see you take joy in some little thing that obviously matters deeply to you, they're less likely to worry about you, and they're more likely to accept it with good grace when you don't act on their suggestions about other stuff you ought to buy.</p> <h2>What to Choose</h2> <p>To be effective, a luxury eccentricity needs to meet several criteria. It should be:</p> <h3>Something that you can sincerely appreciate</h3> <p>Otherwise, you're wasting money. Don't make fine wine your luxury eccentricity if you prefer beer.</p> <h3>Something that's comfortably within your budget</h3> <p>The whole point is to save money. If your luxury eccentricity is owning a private jet or a European castle, it's not going to help.</p> <h3>Something that other people can relate to at some level</h3> <p>The point is to make other people say, &quot;What a charming eccentricity!&quot; Collecting paintings is fine. Taking up painting as a hobby is even better &mdash; cheaper and more eccentric. Collecting string is a poor choice. Collecting stray cats is even worse.</p> <h3>Something where style counts</h3> <p>When there can be sincere differences of opinion, there's a rich middle ground of moderately priced options. When pretty much everyone agrees what's best, that choice tends to be expensive &mdash; and everything else is viewed as inferior. Ideally, your luxury eccentricity should be one where people agree that &quot;the best&quot; is a matter of personal taste.</p> <h3>Something where knowledge of the field matters</h3> <p>Knowing a lot about your eccentricity &mdash; and sharing that knowledge &mdash; is a big part of signaling that it <em>is</em> your luxury eccentricity and not just a whim. You don't want to annoy or bore people, but you do want other people to sense that you <em>could </em>bore them if you weren't so well mannered. This is how you make sure that people don't try to argue you into buying whatever <em>they</em> want you to buy instead of spending the money on your luxury eccentricity. They need to sense that any such attempt threatens to produce a long boring lecture on just how much more fun / cool / sophisticated / exciting / educational your choice is than theirs. Most people won't do that twice.</p> <p>Keeping your budget aligned with your own needs and wants is tough enough. When there's external pressure &mdash; especially pressure from people who only mean to help &mdash; it's tougher yet. Choosing a luxury eccentricity is a useful tactic for deflecting those pressures.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/philip-brewer">Philip Brewer</a> of <a href="http://www.wisebread.com/choosing-a-luxury-eccentricity">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-5"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/replace-these-8-luxury-buys-with-their-cheaper-better-alternatives">Replace These 8 Luxury Buys With Their Cheaper, Better Alternatives</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-ways-to-add-luxury-to-your-life-without-paying-luxury-prices">10 Ways to Add Luxury to Your Life Without Paying Luxury Prices</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/become-a-producer-to-put-your-consumption-in-perspective">Become a Producer to Put Your Consumption in Perspective</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/lifestyle-upgrades-beware-the-diderot-effect">Lifestyle Upgrades: Beware the Diderot Effect</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/make-your-hobby-pay-its-way">Make Your Hobby Pay Its Way</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Lifestyle eccentricity hobby luxury Wed, 26 Jan 2011 15:00:49 +0000 Philip Brewer 481297 at http://www.wisebread.com Money making hobby: panning for gold http://www.wisebread.com/money-making-hobby-panning-for-gold <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/money-making-hobby-panning-for-gold" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/gold.jpg" alt="Gold flakes" title="gold flakes" class="imagecache imagecache-250w" width="250" height="188" /></a> </div> </div> </div> <p>Lately many Californians have been heading to the rivers and streams to prospect for gold. The increase in people taking up this activity has some newspapers writing about &quot;<a href="http://www.usatoday.com/news/offbeat/2009-04-02-goldpanning_N.htm">the new gold rush</a>&quot;.&nbsp; Although very few people can make a living off of finding gold, it is a decent money making hobby since gold is worth around $900 an ounce currently.&nbsp; Here is how you can get in on the action.</p> <p> First of all, you need to find out where you can legally prospect for gold.&nbsp; National&nbsp; parks are off limits, but there are still lots of public land where you can look for minerals.&nbsp; You should research mining records and public land records at your local Bureau of Land Management if you are serious about finding gold.&nbsp; You can also stake a <a href="http://www.theprospector.com/html/howtostakeclaims.html">mineral claim on Federal lands</a> in 19 states to prevent others from digging in your spot.&nbsp;&nbsp;&nbsp; Usually other prospectors will not tell you where they hunt for gold so it is up to you to find your own sweet spot. An easy way to get started is to join a prospecting club that already has mineral claims on lots of land.</p> <p>Next, you would need some tools.&nbsp; A simple gold pan is enough for sifting gold from streams.&nbsp; You also need a plastic container to hold the gold you find.&nbsp; A magnifying glass and a pair of tweezers would also help&nbsp; with extracting the tiniest pieces of gold. A shovel also helps in digging up sediment.&nbsp;&nbsp; More serious gold hunters also use metal detectors and dredges to suck up gravel.&nbsp; However, if you are just starting out you probably would not want to invest heavily in machinery, yet.</p> <p>As a final step you would head out to the site to pan for gold as the weather allows.&nbsp; This activity is actually pretty labor intensive and requires a lot of patience. You should not expect to find a lot on the first outing, but it is good exercise and you will most likely be somewhere with fresh air.&nbsp; Your gold yield&nbsp; may get better as you learn more about prospecting, but as long as you enjoy the adventure the monetary rewards will probably come second.&nbsp; Many <a href="http://www.sheboyganpress.com/article/20090325/SHE0101/903250385/1973/SHE0204">weekend prospectors have met good friends</a> through the hobby, and those friendships are&nbsp; more valuable than the little shiny specks they find.</p> <p><em>Have you ever gone out to hunt for gold and other treasures?&nbsp; What is the most rewarding part of your hobby?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/xin-lu">Xin Lu</a> of <a href="http://www.wisebread.com/money-making-hobby-panning-for-gold">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-6"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/make-your-hobby-pay-its-way">Make Your Hobby Pay Its Way</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ten-tenets-for-arranging-your-rich-part-1-rich-is-relative">Ten Tenets for &quot;Arranging Your Rich&quot; - Part 1: Rich is Relative</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/if-youve-got-an-area-of-excellence-rich-can-be-arranged">“If you&#039;ve got an area of excellence…rich can be arranged.”</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/my-disgusting-fake-game-show-asks-what-would-you-do-for-money">My disgusting fake game show asks &quot;What would you do for money?&quot;</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/hoopde-for-sale-starting-price-500-winning-bid-226521">Hoopde for sale. Starting price - $500. Winning bid - $226,521.</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Lifestyle gold hobby Making Extra Cash money treasure Thu, 09 Apr 2009 20:49:28 +0000 Xin Lu 3030 at http://www.wisebread.com Getting by without a job, part 2--boost income http://www.wisebread.com/getting-by-without-a-job-part-2-boost-income <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/getting-by-without-a-job-part-2-boost-income" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/handy-man.jpg" alt="Handy man whitewashing a house" title="Handy Man" class="imagecache imagecache-250w" width="250" height="310" /></a> </div> </div> </div> <p><em>[Editor's note:&nbsp; If you recently lost your job, take a look at Wise Bread's collection of <a href="http://www.wisebread.com/lost-my-job-tips-for-the-recently-laid-off">tips and resources for the recently laid off</a>.]</em></p> <p>If there's one fundamental rule for financial success, it's &quot;spend less than you earn.&quot; That rule applies whether you have a job or not. But, if you're used to having a job, the adjustments to getting by without one are going to be huge. It can be done, though. I suggest a three-pronged strategy, the first prong being to boost your income.</p> <p>This is part two of a four-part series. Part 1 was on the first <a href="http://www.wisebread.com/getting-by-without-a-job-part-1-losing-a-job">things to do if you lose your job</a>. Parts 3 and 4 will be on cutting expense and getting what you need without money. Look for them here over the next few days.</p> <p>There are countless ways to raise your income, besides the obvious one of getting a job (which I assume that you're already applying yourself to in a workman-like fashion). Here are a few categories, and a few suggestions.</p> <h2>Casual labor</h2> <p>The most obvious option is working--just outside the framework of a regular job. Some kinds of work are traditionally structured this way and others are freelance versions of work that is just as often done by employees. Either way there's a long list of possibilities. Here are just a few:</p> <ul> <li>handyman</li> <li>house cleaner</li> <li>house painter</li> <li>gardener</li> <li>writer</li> <li>editor</li> <li>web designer</li> <li>massage therapist</li> <li>dog walker</li> <li>photographer</li> <li>tutor</li> <li>bicycle messenger</li> </ul> <p>None of these are likely to be well-paid and all are likely to be facing a drop in demand (because the potential buyers are also suffering in the economic crunch) at just the same moment that there'll be a surge in supply (as all the other unemployed folks try to pick up a little extra cash). Still, an income above zero is better than an income of zero.</p> <h2>Seasonal and temporary work</h2> <p>This category covers everything from detasseling corn to being a department store Santa. Although in many cases people are technically hired as employees for these sorts of jobs, I'm including it because it's not like having a permanent job.</p> <p>There are seasonal jobs for every season. In the weeks leading up to Christmas, stores hire extra sales help and delivery companies hire extra package loaders and sorters. There is agricultural work at almost any season except the dead of winter. These sorts of jobs are usually very hard work for not much pay.</p> <p>Especially early in hard economic times, temporary work tends to dry up--temps are the first to be let go, during the phase when employers are still hoping to avoid layoffs. But there continues to be some temp work right along, because companies always need some things done and don't want to hire employees when they can't offer long-term employment. In particular, as a recession winds down--but while companies are still waiting to see if this is really a lasting increase in business--they often hire temps in large numbers.</p> <p>Seasonal workers are usually hired directly. Temporary workers are more often hired through a temporary agency.</p> <h2>Employ yourself</h2> <p>Some people already have a small business that they were running on the side while working at a regular job, in which case ramping up the small business to bring in more money can be a great option. Other people have always wanted to run a small business, and losing a job can give them the freedom to take a chance on doing so sooner rather than later.</p> <p>If you don't already have a small business--or at least have some kind of small business in mind--this may not be the best choice. Starting a small business requires capital, and unless running a business is what you really want to do, you might be better off just investing the capital in something that pays interest.</p> <h2>Sell assets</h2> <p>Another place to get some money, at least for a while, is to sell stuff that you've got that has some value. Sadly, it's probably the case that most of your stuff is worth only a tiny fraction of what you paid for it, but a lot of it will nevertheless be salable. Depending on the item, consider:</p> <ul> <li>vintage clothing stores</li> <li>consignment shops</li> <li>pawn shops</li> <li>used bookstores</li> <li>garage sales</li> <li>internet classifieds and auction sites</li> </ul> <p>This is a limited source--you've only go so much stuff--but you can pick up some money here.</p> <h2>Sell crafts</h2> <p>More sustainable than selling your used stuff is selling <strong>stuff you make</strong>. Almost any hobby that produces an actual thing (quilts, sweaters, mugs, earrings, jam) can produce some cash income--sometimes quite a bit. Even when it isn't particularly profitable--when the selling price barely covers the cost of materials or maps to a ridiculously low hourly wage--it can still be a way to turn stuff you bought back when you had a job (fabric, yarn, beads) into more money than you could make trying to sell the raw materials.</p> <p>Stuff you make is also good for bartering, something that I'll talk about in part 4 of this series.</p> <h2>Other hobby-related income</h2> <p>Related to selling things you produce, many hobbies also provide other ways to pick up some extra cash by teaching, writing, speaking, and so on. I wrote about this a while back in <a href="http://www.wisebread.com/make-your-hobby-pay-its-way">Make your hobby pay its way</a>.</p> <h2>Rent out assets</h2> <p>Some assets can be rented out in a way that produces a sustainable income rather than the one-time cash payment you'd get from a sale. Your savings earns some amount of interest (until you spend it). A spare room in your house can be rented out to a boarder. There are legal issues involved--if you rent your car to someone, you're probably taking on considerable liability if he gets into an accident--but if you've got stuff that people will rent, it's worth considering.</p> <h2>Not a complete solution</h2> <p>For most people, the sort of money you can pick up through casual labor or by selling crafts will never match what you could make at a regular job. That means that, if you want to get by without a job, you're almost certainly going to have to cut your cost of living--the topic of the next post in this series:</p> <ul> <li><a href="http://www.wisebread.com/getting-by-without-a-job-part-3-cut-spending">Getting by without a job, part 3--cut spending</a></li> <li><a href="http://www.wisebread.com/getting-by-without-a-job-part-4-get-free-stuff">Getting by without a job, part 4--get free stuff</a></li> </ul> <p>&nbsp;</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/philip-brewer">Philip Brewer</a> of <a href="http://www.wisebread.com/getting-by-without-a-job-part-2-boost-income">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-7"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/turn-your-passion-into-a-living">Turn Your Passion Into A Living</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-35-best-ways-to-spend-your-free-time-frugally">The 35 Best Ways to Spend Your Free Time (Frugally)</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-signs-youre-working-for-an-impossible-boss">7 Signs You&#039;re Working for an Impossible Boss</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/are-you-underpaid-how-to-figure-out-what-salary-you-deserve">Are You Underpaid? How to Figure Out What Salary You Deserve</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-more-fun-money-making-ideas">5 More Fun Money-Making Ideas!</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career and Income craft crafts hobbies hobby income self-employment temporary work work Sat, 29 Nov 2008 22:38:57 +0000 Philip Brewer 2611 at http://www.wisebread.com How good writing skills save and earn money http://www.wisebread.com/how-good-writing-skills-saves-and-earns-money <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/how-good-writing-skills-saves-and-earns-money" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/penpaper.jpg" alt="Pen and paper" title="Pen and paper" class="imagecache imagecache-250w" width="250" height="250" /></a> </div> </div> </div> <p>A while ago an article on Wise Bread talked about how <a href="/the-letter-always-wins">complaining via a letter works much more effectively</a> than complaining with phone calls. This made me think about all the other ways good writing skills could be financially beneficial to a person. Here is a list of ways good writing skills could save and earn money for you.<br /><strong><br />1. You will be able to negotiate more effectively in large transactions </strong>- My grandfather told me that he saved about 30000 RMB on his condo purchase because he wrote a nice letter about why he deserved a discount. He showed me the letter and it was very concise and listed both personal and business reasons why he should get a price break. If he did not know how to write so clearly then he might not have gotten the discount. My mom also did the same thing when she and my dad purchased their first home. She wrote a clear letter detailing the issues surrounding the house and got a discount of $7500 beyond the accepted offer.<br /><strong><br />2. Good writing skills make you more desirable to employers</strong> - In many instances, the first impression you make on a potential employer is in a cover letter or resume. An interesting and well written cover letter could potentially lead to an interview and eventually a job. Even when you do not have a formal cover letter, there are often many email exchanges during an interview process. Emails that are clearly written generally makes you seem more intelligent and responsible to a potential employer. Personally, I know that my ability to write coherent emails has given me an edge in finding software engineering jobs because most software engineers are not taught to write properly.</p> <p><strong>3. It is a cheap hobby </strong>- Writing is probably one of the cheapest hobbies out there. You do not need expensive materials or equipment and you can start with a plain notebook and pencil. Writing could also take up quite a bit of time so you could be entertained for hours by your own imagination and creativity.</p> <p><strong>4. Well written content has monetary value</strong> - Many people make a living through writing. For example, even in a software company we have copywriters and technical writers. The ability to communicate useful information is worth its weight in gold. Even if you are not a professional writer, it is possible to start a blog and earn a bit of side income because there is an endless amount of content on the internet and good content is rare.</p> <p>Writing is a skill that can be learned and improved. You can take a class at a local college that teaches you to write or just read articles and books about the art of writing. Another great thing is that you can practice it anywhere and any way you want. I think it is unfortunate that proper writing is not emphasized in this highly technical world and we have mainstream journalists that <a href="http://www.mercurynews.com/ci_10212320">publish phrases like &quot;we wuz robbed&quot;</a> , but I believe that being able to communicate effectively through language will always be valued.</p> <p>&nbsp;</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/xin-lu">Xin Lu</a> of <a href="http://www.wisebread.com/how-good-writing-skills-saves-and-earns-money">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-8"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/seven-tips-for-the-newly-unemployed">Seven Tips for the Newly Unemployed</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/tips-for-finding-legitimate-work-at-home-opportunities">Tips for Finding Legitimate Work at Home Opportunities</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/is-six-figures-really-that-much">Is Six Figures Really That Much?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-ways-to-pay-less-money-for-a-college-degree">6 Ways to Pay Less Money For A College Degree</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ten-tenets-for-arranging-your-rich-part-1-rich-is-relative">Ten Tenets for &quot;Arranging Your Rich&quot; - Part 1: Rich is Relative</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance Frugal Living Career and Income hobby Making Extra Cash money negotiation saving writing Thu, 21 Aug 2008 21:53:19 +0000 Xin Lu 2355 at http://www.wisebread.com “If you've got an area of excellence…rich can be arranged.” http://www.wisebread.com/if-youve-got-an-area-of-excellence-rich-can-be-arranged <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/if-youve-got-an-area-of-excellence-rich-can-be-arranged" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/162333365_68b33d6339.jpg" alt="Shark" title="Shark" class="imagecache imagecache-250w" width="250" height="167" /></a> </div> </div> </div> <p>That&rsquo;s part of a quote from a great Martin Scorcese movie &ndash; The Color Of Money. Certainly not in my top 10, it has Tom Cruise in it after all, but it had some sparkling dialogue from the fabulous Paul Newman. And as I was watching it recently, I really gravitated to the idea that &ldquo;rich can be arranged.&rdquo;</p> <p>The full quote from the movie comes from Newman&rsquo;s character, &ldquo;Fast&rdquo; Eddie Felson, and it goes like this:</p> <blockquote><p><em>&ldquo;If you've got an area of excellence - you're good at something; you're the best at something; Anything; Then, rich can be arranged. I mean rich can come fairly easy.&rdquo;</em></p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> </blockquote> <p><img height="186" width="186" title="TCOM" alt="TCOM" src="http://healthcarehacks.com/files/fruganomics/u17/51G7ERCWXDL__SS500_.jpg" /></p> <p><a href="http://www.amazon.com/gp/product/B000035Z5G?ie=UTF8&amp;tag=wisebread07-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B000035Z5G">The Color of Money</a><img height="1" border="0" width="1" alt="" src="http://www.assoc-amazon.com/e/ir?t=wisebread07-20&amp;l=as2&amp;o=1&amp;a=B000035Z5G" /></p> <p>When that movie was made back in 1986 I don&rsquo;t think I realized just how applicable that profound statement would be over 20 years later. Because now, with the vast resource that is the Internet, rich can be very easily arranged if you&rsquo;re an expert on anything&hellip;and I mean anything.</p> <p>Let&rsquo;s start with a site like About.com. They&rsquo;re always looking for freelance writers, called &lsquo;guides,&rsquo; who are experts in some of the most unusual fields. Here&rsquo;s a sampling of just a few positions available right now:<br /> <img height="330" width="317" title="About" alt="About" src="http://healthcarehacks.com/files/fruganomics/u17/Picture_3_2.png" /></p> <p>What can you earn? Well, About.com <strong>guarantees</strong> a starting income of $725 a month. Not bad, but it gets better. If you work hard on your expert site and write some good, informative articles, your page views can dramatically increase. And that can lead to an income of over $100,000 per year. Not bad for less than 20 hours per week, usually working from home. Here&rsquo;s a link to the <a href="http://beaguide.about.com/compensation.htm">compensation</a> package.</p> <p><strong>Where else can be profitable? Try Metacafe.</strong></p> <p><img height="68" width="218" title="MC" alt="MC" src="http://healthcarehacks.com/files/fruganomics/u17/Picture_6.png" /></p> <p>As some of you know, <a href="http://www.metacafe.com/channels/Kipkay/">Kipkay</a> is one of my favorite producers over at Metacafe. He&rsquo;s turned his passion for inventions and life hacks into a very lucrative business. In fact, since he started submitting videos in the middle of 2006, he has earned over $91,000. When was the last time a hobby got you that kind of green?</p> <p><img height="377" width="281" title="KK" alt="KK" src="http://healthcarehacks.com/files/fruganomics/u17/Picture_4_0.png" /></p> <p>Just think, is there anything you do that people would be interested in knowing more about? Take a video of it, you could start earning some serious revenue. Start <a href="https://secure.metacafe.com/account/login/?token=8766705a4d8bcbbf77f3ba915c022185&amp;action=submit">here</a> .</p> <p><strong>ExpertVillage is another great resource for, well, experts.</strong></p> <p><img height="60" width="240" title="EV" alt="Ev" src="http://healthcarehacks.com/files/fruganomics/u17/Picture_5.png" /></p> <p>You can be an expert on anything from Kung Fu and bellydancing to cooking and car maintenance. I haven&rsquo;t yet found out just how much money you can make being an expert, but the site suggests that contributors get great financial rewards. Read more about it <a href="http://www.expertvillage.com/expertinfo.htm">here</a> :</p> <p>Blogging, as I&rsquo;m sure you know, is also a way to turn your thoughts and ideas into cold, hard cash. If you blog as a hobby, you can make a little extra money from Google Adsense. But serious bloggers can easily make upwards of $100,000 a year from a combination of Adsense, affiliate programs, subscriptions, merchandising and more.</p> <p><img height="69" width="392" title="PB" alt="PB" src="http://healthcarehacks.com/files/fruganomics/u17/Picture_7.png" /></p> <p>If you want an outlet for your writing, try <a href="http://www.problogger.net/">ProBlogger</a> as a source to learn more about this lucrative and vastly growing industry.</p> <p>Those are just a few ideas that can help you turn your area of expertise, whatever that may be, into fast-flowing streams of revenue. And if you haven't already done so, check out <a href="/the-key-to-making-money-online-diversification-baby">Kate Luther's excellent article</a> about online diversification for more tips. Whatever you do, just remember those golden words &ndash; &ldquo;If you've got an area of excellence&hellip;rich can be arranged.&rdquo;</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/paul-michael">Paul Michael</a> of <a href="http://www.wisebread.com/if-youve-got-an-area-of-excellence-rich-can-be-arranged">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-9"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/101-tax-deductions-for-bloggers-and-freelancers">101 Tax deductions for bloggers and freelancers</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/write-for-money-online-part-5-your-own-blog-or-website">Write for money online - Part 5 - Your own blog or website</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/money-making-hobby-panning-for-gold">Money making hobby: panning for gold</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-good-writing-skills-saves-and-earns-money">How good writing skills save and earn money</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-easy-ways-to-make-extra-money-blogging">5 Easy Ways to Make Extra Money Blogging</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> blogging excellence hobby income Making Extra Cash money revenue Wed, 13 Feb 2008 21:05:32 +0000 Paul Michael 1790 at http://www.wisebread.com Make Your Hobby Pay Its Way http://www.wisebread.com/make-your-hobby-pay-its-way <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/make-your-hobby-pay-its-way" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/spinning-wheel-and-yarn.jpg" alt="Spinning wheel with yarn" title="Spinning Wheel with Yarn" class="imagecache imagecache-250w" width="227" height="399" /></a> </div> </div> </div> <p>Hobbies generally end up in the expense category. Depending on the hobby, you may be paying for equipment, supplies, books and magazines, classes, training--the list goes on. Short of turning your hobby into a business, is there any way to get your hobby to pay its own way? Very possibly.</p> <p>Most hobbies offer you a shot at any number of income streams. And, besides actual income streams, there are also ways to use your hobby to reduce expenses--which any economist will tell you is just as good. (Maybe better, because you have to pay taxes on any income.)</p> <h2>Sell your stuff</h2> <p>The most obvious income stream is to <strong>sell stuff you make</strong>. This really only works for hobbies where you make stuff, so it works better for potters and jewelry makers than for people whose hobby is mountain climbing or scuba diving.</p> <p>My wife spins and weaves. Each year the local spinners and weavers guild has a show and sale where members sell what they produce. Some members go beyond the single annual sale. Some set up booths at any number of arts and crafts sales. Some set up booths at the farmers market. Some sell things on consignment through local shops and galleries. Some run web-businesses to sell their creations.</p> <p>A single annual sale keeps you solidly on the &quot;hobby&quot; end of the continuum. The other options are all steps down the road to, essentially, running a small business. That's fine if you want to run a small business, but can take the fun out of a hobby.</p> <h2>Teach your hobby</h2> <p>The next obvious income stream is to <strong>teach the skills of your hobby</strong>. Some hobbies are very easy to pick up, and others have practitioners who are so excited by new adopters that they'll teach people how to do it for free. In either of those cases, it may be hard to make any money teaching. But, for many hobbies, there is plenty of opportunity to make a few dollars teaching classes or workshops.</p> <p>Some hobbies, such as scuba diving and parachuting, are dangerous enough that there are certification processes to make sure that instructors meet certain minimum levels, but in most hobbies anyone can teach.</p> <p>There are a hundred ways to get paid to teach. Around here it's possible to teach classes under the auspices of the local community college, the YMCA, the park district, and the public schools continuing education programs. Other places to consider are senior centers, youth centers, community centers, and public libraries. If your hobby has a local club, it may very well organize classes for members. Local businesses that cater to your hobby may offer classes as well.</p> <p>To be successful, a class requires students, which probably means getting the word out to potential students. Fliers at libraries and related businesses are a good idea, as is networking with local hobbyists. Develop relationships with others who teach related classes.</p> <p>If you've not taught before, it can be quite a bit of work to design a class, and then it often takes some experience teaching before you develop teaching skills to match your hobby skills. Knowing how to do something is not the same as knowing how to teach it.</p> <p>Besides teaching a class, it may also be possible to tutor someone one-on-one.</p> <p>Because of the work involved in developing, marketing and teaching a class, it too can turn into a small business, if you let it.</p> <h2>Sell a training DVD</h2> <p>A related option is to <strong>create a training DVD</strong>. The big attraction of this option is that, once you have the DVD, you can sell it and go on selling it, with minimal extra time and effort.</p> <p>The equipment to record, edit, and produce such a DVD is cheap and readily available, but of course this option requires not only that you know the skills of your hobby, and how to teach them, but also how to produce a video. Still, even if you need to learn new video-making skills, or bring in another person to help, the attraction of being able to go on selling DVDs makes this an attractive option.</p> <h2>Write articles or books</h2> <p>An obvious possibility is to <strong>write articles or books about your hobby</strong>. You can sell them to magazine or book publishers, both those that specialize in the area of your hobby, and (possibly) mainstream publishers.</p> <p>Start by surveying what's already available. Many hobbies have a vast array of specialized book and magazine publishers. Many pay quite well for well-written books and articles, especially ones that cover an area that isn't already covered.</p> <p>One advantage of non-fiction writing (over fiction) is that you don't have to write a finished work to market it. Create a proposal for an article or a book and shop it around to potential publishers. If no one wants to publish it based on your proposal, come up with some new ideas.</p> <p>Just as teaching is a separate skill from those of your hobby, so is writing. There are innumerable books and articles on writing books and articles (duh), so check out a few.</p> <h2>Become a local rep</h2> <p>If your hobby require specialized equipment or supplies, you may be able to <strong>act as a local representative for a supplier</strong>. For certain hobbies, it can make sense to do this simply to get the materials at wholesale prices. It may also be possible to sell to fellow hobbyists in quantities that will bring in some actual cash.</p> <h2>Give talks</h2> <p>If your hobby is interesting, it may be possible to get people to pay you to <strong>speak about your hobby</strong>. Many groups have regular meetings and want a speaker at each one--they often have a budget that allows for paying an honorarium to the speaker.</p> <p>Unless you're a celebrity, you're not going to make a living out of speaker's fees, but even a small fee can go a some ways toward paying the costs of your hobby--which is the whole point.</p> <h2>Lead groups</h2> <p>You can make money--or at least reduce your own expense--if you're willing to <strong>lead a group</strong>. Many hobbies--kayaking, rock climbing, bird watching, fishing, scuba diving--are more fun some places the others, meaning that participants end up wanting to travel to those places. If you're willing to do the work of organizing the travel, it is often possible to arrange things so that your own trip is subsidized.</p> <p>Even in cases where no travel is involved, it's often possible to get discounts on supplies, equipment, the use of a location, and so on, if you undertake to arrange an event where the other participants pay to attend.</p> <h2>Barter your products or your skills</h2> <p>Americans are so tied into the money economy that they often don't realize just how much opportunity there is for barter. You may be able to <strong>barter items that you make for other things that you want or need</strong>. This can work very well with individuals and local businesses; typically not so well with big corporations.</p> <p>You can also work out barter arrangements with your skills. Help someone make a yoga video in exchange for yoga lessons. Swap massage therapy sessions for rock-climbing lessons.</p> <h2>Make gifts</h2> <p>At gift-giving time, always think to <strong>give something that you've made</strong>. It's more personal and more thoughtful than buying stuff.</p> <p>I know lots of people who love the jewelry, quilts, scarves, hats, pottery, paintings, photographs, stuffed toys, and handmade books that people have given them, made with their own two hands.</p> <p>It's not an income stream, but remember--to an economist, not having to spend money is just as good as getting paid.</p> <p>All these ways of making your hobby pay its way work synergistically with one another. Writing articles gives you contacts for teaching classes which gives you contacts for leading groups which gives you contacts for bartering services, and so on.</p> <p>Any one of these activities could easily blow up into a business, if you're not careful. Most of them wouldn't blow up into a big enough business to actually support you, unless you have not only the skills of a hobbyist, but also the skills of a small businessperson. But one of them--or two or three of them--could go a long way towards bringing in enough money that you can enjoy your hobby and not be out-of-pocket for supplies and related costs.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/philip-brewer">Philip Brewer</a> of <a href="http://www.wisebread.com/make-your-hobby-pay-its-way">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-10"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/sell-handmade-goods-buy-cheap-handmade-goodies">Sell handmade goods, buy cheap handmade goodies.</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/who-cares-if-theres-a-recession-i-just-started-a-business">Who Cares if there&#039;s a Recession? I just started a business</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/looking-on-the-bright-side-how-to-find-a-silver-lining-in-the-current-financial-crisis">Looking On The Bright Side: How to Find A Silver Lining In The Current Financial Crisis</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/istopover-earn-extra-income-or-travel-on-the-cheap-and-a-special-promotion-for-wise-bread-readers">iStopOver: Earn Extra Income or Travel on the Cheap, and a Special Promotion for Wise Bread Readers</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/money-making-hobby-panning-for-gold">Money making hobby: panning for gold</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> DIY Extra Income Lifestyle Art and Leisure extra money hobbies hobby make money Making Extra Cash making extra money sell teach writer Wed, 12 Dec 2007 00:41:57 +0000 Philip Brewer 1491 at http://www.wisebread.com Sell handmade goods, buy cheap handmade goodies. http://www.wisebread.com/sell-handmade-goods-buy-cheap-handmade-goodies <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/wisebread_imce/il_430xN_6853277.jpg" alt="Geisha stamp" title="Geisha Stamp" width="243" height="277" /></p> <p>In these days of mass-production and Wal-Mart&#39;s low prices and lower standards, it&#39;s great to see handmade artifacts making a comeback. Today, my wife introduced me to a site that is a meeting-place for buying and selling wonderful handmade items. Everything from jewelry and ties to paintings and teddy bears. And it&#39;s all 100% hand crafted. </p> <p><strong>ETSY.COM - your place to buy and sell all things handmade</strong></p> <p>This place is a treasure-trove of beautiful, lovingly-made goods. When I first heard about ETSY, I thought it would be more for my wife than me. But although it does seem to cater more for the ladies, there&#39;s so0me great stuff for the guys. If you want to be individual and get noticed, check out the selection of metallic silk-screened neckties. The <a href="http://www.etsy.com/view_listing.php?listing_id=6014313">green silkscreened tie with the black raven</a> is awesome. I also loved <a href="http://www.etsy.com/view_listing.php?listing_id=6021030">Bombs Away</a> . And the price...just $30. For a handmade silkscreened tie, well, I think that&#39;s rather good. </p> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/wisebread_imce/il_430xN_8083334.jpg" alt="silk tie" title="silk tie" width="226" height="301" /></p> <p><strong>Something for everyone. </strong><br />Form gifts for your mom and dad, to cool gear for the kids and babies, there is literally something to suit every taste here. I&#39;m having a lot of trouble keeping myself from buying all of my upcoming gifts from this site. Check out the <a href="http://www.etsy.com/view_listing.php?listing_id=5758979">Sunday-best onesies</a> . There are great purses, stuffed animals and all sorts of other cool things. You can also use the <a href="http://www.etsy.com/time_machine.php">TIME MACHINE</a> to see what other folks have been buying, updated every minute.</p> <p><strong>But hang on....there&#39;s also some quality fine art, too.</strong><br />My wife has put me straight on this one. She&#39;s not happy with the cheap part of the headline (hey, I&#39;m a Wisebread blogger) but she&#39;s absolutely right. There are some stupendous pieces of original art on ETSY, hand-painted oils on canvas, some as much as $6000. I like <a href="http://www.etsy.com/view_listing.php?listing_id=5206083">this one below</a> , a steal at $500 (as an artist myself, $500 for a piece of original work is a crying shame actually, considering how much love and time goes into a piece of fine art). The word CHEAP should not be applied here. Or, in fact, to any of the items on ETSY. I&#39;m sorry ETSY folks. I certainly didn&#39;t mean to imply that anything you offer is cheap...it&#39;s all just amazing value for money. </p> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/wisebread_imce/il_430xN_5608830.jpg" alt="twiggy" title="twiggy" width="324" height="415" /></p> <p><strong>How are the other prices? </strong><br /> I would say reasonable, but sometimes that&#39;s an understatment. Considering everything is lovingly made by hand, these prices are surprisingly low. $60 for a hand-dyed indigo cardigan, knitted with love, seems to me to be a bargain. You&#39;d pay way more for something produced fresh from a slave-labor factory in Taiwan. </p> <p><strong>Selling your own creations. </strong><br />ETSY has made it really easy to <a href="http://www.etsy.com/how_selling_works.php">do your own selling</a> . Similar to EBAY but without a lot of the hassle, you can create your own store on ETSY and the whole process is very reasonable, with exceptional rates...</p> <blockquote><p><strong>Sign Up. </strong>It&#39;s free and easy. Choose your username and password, then confirm an email address. There&#39;s an extra step of signing up to be a seller (after choosing your username). To prevent against fraud we require that you keep a valid credit card on file.</p></blockquote> <blockquote><p><strong>Set up your shop. </strong>Every seller on Etsy gets their own shop (for free), located at username.etsy.com. For example, if my username is rokali, my shop is at rokali.etsy.com. You can customize your shop by adding a banner, bio etc.</p></blockquote> <blockquote><p><strong>List an item. </strong>Listing an item is done in five simple steps. We recommend that you&#39;ve got your photos and description ready before jumping in. Listing an item costs 20 cents per quantity.</p></blockquote> <blockquote><p><strong>Selling an item. </strong>As a seller you get to choose what payment methods you accept. We recommend PayPal, as it facilitates instant payment and offers anti-fraud protection. When an item sells both the buyer and seller are sent emails with the transaction details in it. There&#39;s a 3.5% sales fee.</p></blockquote> <blockquote><p><strong>Fees. </strong>Sign up - free, your own shop - free, listing an item - 20 cents, selling - 3.5% fee. That&#39;s it. All listings include up to 5 images. Listings stay up for 4 months.</p></blockquote> <p>So there you have it. ETSY. A great way to support local artists and craftsmen/women, plus a great way to turn your own hobby into something a little bit profitable. And best of all, you now have a place to get unique, creative gifts for your friends and family. Life is sweet. </p> <p><em>Main photo from ETSY.COM, <a href="http://www.etsy.com/view_listing.php?listing_id=5613887">the Geisha Stamp Notecards</a> . Wonderful item. </em></p> <p>&nbsp;</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/paul-michael">Paul Michael</a> of <a href="http://www.wisebread.com/sell-handmade-goods-buy-cheap-handmade-goodies">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-11"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/make-your-hobby-pay-its-way">Make Your Hobby Pay Its Way</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-5-best-sites-to-sell-your-arts-and-crafts">The 5 Best Sites to Sell Your Arts and Crafts</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/12-gift-ideas-for-crafters">12 Gift Ideas for Crafters</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/17-more-places-to-buy-sell-and-trade-books">17 More Places to Buy, Sell, and Trade Books</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/holiday-gift-giving-for-the-truly-broke">14 Gift Ideas for the Truly Broke</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Shopping Art and Leisure arts buy career crafts etsy.com handmade hobby Homemade make money sell Tue, 22 May 2007 20:15:59 +0000 Paul Michael 671 at http://www.wisebread.com