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15 Concise Ways To Turn Your Passion Into Profit

15 Concise Ways To Turn Your Passion Into Profit

Are you one of those people who can hardly wait to get off work so you can go home and pursue your passion? If you are, have you started to also wonder how you could make your passion into full-time work? Whether you believe it or not, it can be done. All it takes is some dedication to your craft and a little marketing effort. There are many hobbies that can be turned into profitable businesses very quickly. Here are just a few of them:

Photography

If you are able to shift the emphasis of your photography efforts from casual to artistic, chances are good that you could find a ready market for what you produce. Put your work in front of that market, and you’re in business. A lot of photographers with the most followers[1] can earn money by marketing their works over Instagram, Pinterest, and many stock photo online stores.

Fitness Instructor

If you enjoy being fit and think you could teach others to do so, why not become a fitness instructor. You can do it with as little as a desire, but to really be taken seriously, you should get a certification, then the sky is the limit.

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Writing

Were you told that you had a knack for writing when you were in school? It so happens that publishers go begging for the work of good writers who produce good work on time. This could be due to the high demand of Internet marketing where articles and content are important and badly needed. Likewise, you can also make your own blog with a certain topic (for example, TechieBlast is a personal blog entirely focused on technology).

Video Creation and Editing

If you enjoy creating videos, with any number of the software packages that are available today you could be in business very quickly. Now is also a good time to offer services that allow people to transform other formats into DVDs, and they need people like you to do the work for them.

Web Design

If you like working with computers and you have a flair for design, why not combine the two with a whole new career in web design? Today’s software can teach you how it’s done, or take a class, and you’re in business.

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Graphic Design

There are shelves full of graphic design programs that can turn practically anyone into a designer. But if you’re really good at it, you can make a living out of it. Creativity is pretty much needed to come up with a business idea. Some can even combine a few different passions. Krowmark started by simply designing T-shirts, but now they have expanded their expertise on selling other jackets, tracksuits, bags and incorporate free logo designing. So if you have a flair for art and can improvise an idea, you’re in business.

Auto Mechanics

Do you like cars? Are you someone who enjoys working on their own car? Perhaps you have what it takes to turn a hobby into a career working in the automotive industry.

Sports Refereeing

If you love sports, you could offer yourself up as a referee and stay busy for a season. There are loads of sports, both indoor and outdoor, that you can choose from. If you like to be on a big field, there’s volleyball or basketball. If you are more likely to go indoor, then hang around game room where you’re sure to find ping pong table games and board games[2] that you can keep score with. Better yet, you could learn the finer points of several sports and keep yourself busy all year long.

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Carpentry

Do you have a home workshop? You could easily keep busy doing custom cabinetry for others, or make what you like and offer your products for sale.

Teaching and Tutoring

There are many people who would love to sing or play a musical instrument. If you can teach them how, you could make a good living as a teacher or a tutor. One doesn’t need to be a college graduate to start teaching or tutoring someone with a particular instrument. You just need to be good at it.

Studio Musician

If you have a recording studio in your community, you could offer yourself for hire as a studio musician.

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Antiques

Do you like antiques? If you do, and you know something about them, you could become a dealer to others who love them as much as you do.

Pets

If you like animals, you could offer your services to others in any number of ways. You could be a groomer, farrier, board and care provider, and sitter. However, since you get to be responsible for other people’s beloved pet, you need to know the basic pet safety. This includes asking the owners for their pet’s age, breed, and also the basic knowledge on food for it (for example, if the cat is allergic to chicken or if pears are safe for dogs[3]).

Baking

Do you like baking? Do your family members and friends swoon when something comes out of the oven? Maybe it’s time to offer your baked goods for sale to others, including restaurants. Mrs. Fields did it, and so can you!

Picking

If you have ever seen the television show American Pickers, you know what picking is all about. Go everywhere you can find things for sale, including garage sales, yard sales, and others, then turn around and sell what you bought at a profit.

Reference

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Junie Rutkevich

Game Developer of iXL Digital

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Last Updated on April 3, 2019

How to Nix Your Credit Card Debt in Less Than 3 Years

How to Nix Your Credit Card Debt in Less Than 3 Years

Debt is never a fun thing to be in. But, there are many actions that you can take that will help you rid yourself of the burden of debt once and for all.

By coming up with a set plan, eliminating your debt can feel much easier than constantly thinking about it.

This post will provide some tips on how you can do this to help you nix your credit card debt in less than 3 years.

Hint: there are ways that are easier than you think.

1. Consider Consolidating Multiple Credit Cards If Possible

This may not be applicable to you, but if you have multiple cards – it is something to consider. Keeping up with multiple bills is time consuming.

It will depend on the balance you have on each. Consolidate ones you can but do not do it to the point that you get too close to the maximum limit. Also, it is ideal to pick the card with the lower interest rate.

Consider if there are any fees or alternatively, rewards, with transferring a balance to another card. Watch out for fees. Note that some cards offer rewards for transferring a balance to them. This is extra cash that can help go towards paying off your debt.

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Having one or two cards can make nixing your debt much simpler than keeping up with the balance of a bunch of cards. Keeping track of paying the minimum towards a bunch of cards is time consuming. Spend the time to consolidate instead to make the overall process simpler going forward.

My tip: Have one main credit card. Have a second one that you use for necessities – such as groceries or gas – that offers rewards for those purchases (a lot of cards do) and set the second one on auto-pay. You should be able to pay off a smaller amount on auto-pay if it is a necessity. If you think you cannot, then you may need to cut down a lot on expenses.

Why do I suggest doing this? Having one thing set to auto-pay is one less thing to think about. One less thing to waste time on. Same idea with consolidating to one main card. Tracking down too many is a hassle.

2. Try to Pay the Full Balance You Spent Each Month at the Very Least

You need to pay off the amount you are spending each month when that bill comes in. This is the amount you spent THAT month.

Do not let the debt keep accruing while you work on paying any unpaid debt that has accrued. It will become a never-ending battle. Try as best as you can to be current on paying for each month’s expenses when that month’s bill comes out.

If this is a strain, consider why. You may need to cut expenses. Or you may need to consider other cards. Or look at where this money is going.

3. Pay Extra When You Can – Every Small Amount Counts

This cannot be emphasized enough. If you are looking at a lot of credit card debt, it can look daunting, but each extra amount that you can put towards the debt will really add up – no matter how small it is.

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It does not just reduce the principal amount that you have left to pay off, but it reduces the amount that is collecting interest. You will always save money with that reduced interest.

4. Create a Plan on How to Pay Extra

Back to the main point, having this plan is giving you one less thing to think about.

This plan should be a plan that works for you. If it does not work for you, your spending habits, and your views on debt, then it will not be an effective plan.

For instance, if a set plan of an extra $50 (or another amount that you know you can afford) works for you, then do that. Set that aside every month and pay that extra amount. Treat it like a bill. Choose an amount that works for you and pay it like clockwork as though it was a bill you had to pay each month.

Little amounts will not nix it entirely, but they will help tackle it and having a set plan can make it less of a chore. Creating a new plan of how much to put towards it each month is an unnecessary added stress.

5. Cut out Costs for Services You Do Not Use

If you are signed up for subscriptions that you do not use because of some free trial or for some other reason, cut it out. Your overall financial position will look better.

In turn, that will make cutting your credit card debt easier. Look at your statements to find these expenses. If you do not use them, you may forget you are paying some unnecessary amount each month. Cutting it out can really add up in savings that you can put towards other needed expenses.

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6. Get Aggressive About It

Consider these points:

Depending on the interest and the level of debt, you may need to give up a few indulgences. For example, instead of ordering delivery or going out to eat, cook at home. Everything adds up.

Other things may be more of a sacrifice. It may be a trip you wanted to go on, or a daily latte habit you’ve picked up. In these instances, consider how important it is to you and if it’s worth the sacrifice. And if it is a costly expense, think whether you can wait to indulge.

Cutting an extravagant expense can really help make a dent in your overall debt. Try not to add to debt when you are trying to pay it off. It will be a never-ending battle. Make it less of a battle with these tips and it will feel easier.

Bottom line: Do what you can to make this process easier for you. Implement steps that do this. It takes time now, but will help overall. Also, keep track of your spending and paying down of your debts. Which is the next point.

7. Reevaluate Your Progress at Set Intervals

Doing a regular check-in can help you see your efforts pay off or maybe indicate that you need to give this a bit more effort. If you check every 3-6 months, it will not feel so much like a chore or feel so daunting.

By doing this, you will be able to better understand your progress and perhaps readjust your plan. Bonus: if you see it pay off, it will feel great to do this check-in. You will get there.

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Finally (and most importantly)…

8. Keep Trying

Do not get discouraged. Pushing it off will make it worse. Just keep trying.

Once your debt becomes lower, each monthly payment will reduce the balance more. Why? You are paying less towards interest. It will be a snowball effect eventually and it will become much easier to manage. Just get to that point. And know once you do, it will feel easier and motivating.

Start Knocking out Your Debt Today

The best way to eliminate debt is to get started right away. Begin by implementing the above steps and watch your debt just melt away. Try out some of the above strategies and see what works best for you. Soon you’ll be on your way to a debt free life.

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Featured photo credit: Pexels via pexels.com

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