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10 Inexpensive Hobbies You Can Start This Year

10 Inexpensive Hobbies You Can Start This Year

Everyone should have a hobby, but sometimes the costs really outweigh the benefits of discovering one that’s best for you. Not anymore!

This post will show you that there are tons of great, inexpensive hobbies and activities you can pick up if you are looking for a change in your life. From hiking to scrapbooking, you can learn a totally new skill or enjoy the outdoors for less than than a few hundred dollars a year. Read on to find out more about them.

$100 or Less

1. Hiking – All you need is the great outdoors. Well, you need that and some quality clothes of course! When you go hiking, it’s important to get hiking boots that are fitted correctly so that you can avoid blisters and unnecessary foot pain. If you are hiking and camping on the same trip, that will get more expensive since you will likely have to purchase a tent and other supplies. However, if you just want to hike, you can spend less than $100.00 for a nice pair of hiking boots. Oh, and don’t forget to look on the ground for an excellent free hiking stick!

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2. Blogging – Blogging is an awesome hobby to have that might also transform into part-time income some day. All you need is a few dollars to buy your domain name and hosting. For less than $100, you can start off with a smaller site and only spend more for hosting as your site grows. Also, it’s completely free to market your blog on social media and make new friends at the same time.

3. Reading – Reading is such an easy (and often free!) hobby. Whether you love the newspaper or your e-reader, this is quite possibly the best hobby for improving your brain. Reading can actually be 100% free if you’re devoted to your local library.

$200 or Less

4. Tennis – Tennis is one of those sports that can either be very inexpensive or very costly depending on how much time you want to devote to it. If you just want to hit a ball with a friend, all you need to purchase is a racket and tennis balls. However, if you really, truly want to make this a hobby for the long term, investing in some instruction is a wise idea.

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5. Scrapbooking – Anyone who loves scrapbooking can tell you that it can get costly. However, with a little self control, you can make absolutely gorgeous scrapbooks for your friends and family for under $200 a year. Remember to search for supplies on places like eBay and resell the ones you aren’t using to get back some of your investment.

6. Guitar – If you’ve always wanted to learn a musical instrument, the guitar is a great place to start. You can often purchase a used guitar to practice on until you gain enough confidence to invest in a more expensive piece. Ask your friends for lessons or search YouTube for great, free tutorials.

$300 or Less

7. Cooking – Some of the best people in my life love to cook. They enjoy exploring new recipes on free online sites and trying out new cuisine. The endless lists of ingredients can definitely get expensive for cooking experts, but the satisfaction of their family members is well worth it!

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8. Ballroom Dancing – Ever since Dancing With The Stars came out almost a decade ago, ballroom dancing has surged in popularity again. All you need to do is sign up for a class and grab a partner. Most large studios even host dance nights where you can practice your skills, making for a very fun night out.

9. Sewing – Sewing is a great hobby to have. The biggest expense will be the machine. Some experts can spend thousands of dollars on a machine, but if you are just getting started, order a modestly priced one and ask your grandmother to give you some lessons! While you may be tempted to buy all the supplies you will need at once, just build your collection slowly as you add on new skills. This approach will help keep sewing affordable and fun.

10. Video Games – Video games can actually build a lot of skills, although it’s not advised that you spend all your days playing them! For just a few hundred dollars a year, you can purchase a game console and start enjoying time with your friends as you try to beat them to the next level!

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As you can see, there are so many great, inexpensive hobbies that you can take up to fill your spare time or learn something new. Remember, hobbies don’t have to be expensive to be fun! With just a little bit of monetary investment, you can learn a life-changing skill and make new friends along the way.

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Catherine Alford

Catherine is the go to personal finance expert for educated, aspirational moms who want to recapture their life passions.

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Published on November 11, 2020

10 Best Ways to Save Money Faster and Smarter

10 Best Ways to Save Money Faster and Smarter

People love to talk about budgeting, reducing spending. and investing. But unfortunately, talk is cheap, and poor money management is expensive. It’s easy to talk about the best way to save money, but putting it into practice is a different thing.

What people need to talk about is the practical and efficient ways you can quickly save money to accomplish your goals. After all, they don’t teach this stuff in school.

Here are the 10 best ways to save money faster and smarter.

1. Cancel All Your Subscriptions

Yes, all of them.

Okay, you can keep your wifi and trash. But other than that, cancel all your monthly subscriptions for one month. You will survive, I promise. Better yet, you will realize you won’t miss all of them.

Now that you have had 30 days to examine what you really missed and what you never thought twice about, you can add some of them back in. The others? you never have to think about them again.

This is something you can and should do with every part of your life. If it’s clutter, cancel it. Being able to step back and see what is cluttering your life and what is excelling your forward helps improve your quality of life and financial standing.

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2. Automate Savings From Your Paycheck

Many of us are so excited about getting a new job that we rush through the paperwork during the hiring process. Good news for you, I have had lots of jobs so I have seen it a million times.

There is an option for a portion of your paycheck to go directly into a secondary savings account. This is by far the most effective way to save money every month. We tend to spend most of what we have. So, if we take it off the top first, then it’s less likely to be spent. Just head over to HR and ask. It will only take two minutes.

3. Cancel the Happy Hours for the Rest of the Pandemic

We are in the middle of a global pandemic, which means that there is no better time to buy some drinks from the local store and stop shelling out $5 a drink at the local cocktail bar. When we look back at our bank statements, we are always shocked that fast food and alcohol can add up so quickly. You can easily save a couple of hundred dollars just by taking this step.

A great exercise is to print out your last bank statement and highlight all the areas of alcohol and fast food. The amount may surprise you and make you think twice about that old fashion.

4. Online Grocery Shopping

Some people think online shopping increases the amount they spend. For the most part, I would agree—except for this category.

Online grocery shopping is now a no-brainer, though. Whenever you walk through a grocery store, two things always happen: you always grab impulse items, and you never know the total of your cart until you checkout. This means that we always spend more than we originally planned.

With online shopping, you can see your total as you add items to your cart. You are way less inclined to make those impulse purchases and because of that, I would venture to say that you could even pay to have them delivered to your door and still save money each month by choosing online grocery shopping.

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5. Get a Famzoo Debit Card

This is something my wife and I swear by, and it’s great for the entire family! Famzoo strictly exists to help families and kids budget their money better. Each month, my wife and I have an allotted amount loaded onto our pre-paid Famzoo debit card. This amount has changed every year depending on promotions, kids, stage of life, etc.

The important part is that when you give yourself the freedom to spend a certain amount, you are more likely to only spend the allotted amount. Think of it as a diet. If you are counting calories, you are more likely to stick close to the amount you set. You can also look for some tips online to better stick to your family budget.

6. Purge

This is actually my favorite to do, and it is actually one of the best ways to save money. Raise your hand if you have ever moved. Okay, so everyone.

When we move, we are always amazed at how much junk we have acquired. I have found that about every 6 months, I can find a couple of boxes to sell online of things that we never use. This not only gives you so extra quick cash, but it also keeps your house more tidy and organized.

Now, go clean out that garage!

7. Amazon Subscribe and Save

32! That is how many items I have setup on amazon subscribe and save. Let me explain.

This sounds expensive, I know. But it actually saves us hundreds of dollars per year! We all need toothpaste, shampoo, razors, laundry detergent, toilet paper right? This feature is truly a triple threat. When you have more than 5 items on subscribe and save, you automatically unlock the max savings for every product on your list. This can be up to 20% per item!

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Now, even better is that it ships straight to your door on the exact day you want the item, maybe monthly or maybe you only need it every 4 months. This way, you never have too much or never run out. Either way, it’s totally customizable.

Lastly, there is no contract for any items, which means you can switch brands or items at any given time at no cost. My advice: every single staple item should be on your subscribe and save.

8. Rewards

This may ruffle some feathers, but if you are using your debit card for purchases, you are missing out on free money! We have this notion that credit cards are evil but in reality, they are the same piece of plastic as your debit card.

How you use it can be bad, don’t get me wrong. But if you want my opinion though, ditch the debit card and get a rewards credit card. Use it just like you would your debit card and make sure to pay it off as soon as the statement comes in!

Just to give you an idea of how powerful this can be in terms of money, here are some things that our miles have paid for:

  • 4 nights in Vail with Flight
  • Rental car in Vail (convertible might I add)
  • Flight to Ireland
  • Flight to Hawaii
  • Multiple staycations at very nice Hotels

That’s roughly about 7 thousand dollars in travel expenses so far! Remember that the credit card is just a tool and can be one that benefits you if you use it wisely. Ironically, this can be an effective way to save money.

Pro tip: If you don’t trust yourself carrying around a credit card, then set up all your monthly bills with your credit and leave it in a drawer at home. This way, you rack up miles but don’t get tempted to overspend.

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9. Vacation With Friends

Now, I know travel is hard right now but what a perfect time to go grab an Airbnb in the woods with a couple of friends and detox from the world right now!

Vacationing alone can be pricey and get rather boring quickly, but if you split lodging and set out for a road trip, it can become affordable quickly! For a couple of hundred bucks apiece, you can have one of the most relaxing vacations ever. Don’t forget to pick up your food at the local grocery store to avoid eating out every meal!

10. Make a Budget

When is the last time you updated your budget or made one for that matter? Making a budget is like writing down your goals. If you don’t make a budget, then you will struggle to save.

How can you know if you are spending wisely if you are not tracking everything?

Our advice would be to get a finance app like Mint, Every dollar, or personal capital. All these apps are free and do a tremendous job of tracking spending and budgeting. I still am old-school and have an excel spreadsheet which I do highly recommend.

Work Smarter, Not Harder

The entire goal is to boost your bank account while reducing the effort required. Efficiency is the name of the game, and automation is the key player. Luckily, we live in a world that has more perks than we can ever take advantage of. But if I were to choose a few, it would be the ones above.

Taking on all 10 of these steps may seem a little daunting. You can first try to pick three of your favorite and start there. Saving money doesn’t have to be a chore as long. As we use the tools correctly, it can be quite effortless. And now, you have a great blueprint to get started!

More Tips on Saving Money

Featured photo credit: Sharon McCutcheon via unsplash.com

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