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Last Updated on August 6, 2018

This List of 50 Low-cost Hobbies Will Excite You

This List of 50 Low-cost Hobbies Will Excite You

Do you want to find a fun and low-cost hobby? A good hobby is entertaining, fulfilling and will enhance your life. There’re in fact many mental benefits of having hobbies.

But hobbies can often also be very expensive. Luckily, there are still lots of cheap and even free hobbies that are fun, educational and rewarding.

Here’re 50 fun and low-cost hobbies you can try:

1. DIY

Buy a book on DIY and start on anything that needs fixing around your house, make your own clothes or give your friends self-made presents. You’ll learn a new skill while improving your home! Check out these easy DIY jobs for a good way to get started.

2. Write A Themed List, And Work Through It

Make a list of things you want to do or see. It could be anything from films you want to watch to local places you want to visit. Try to work through your list in a month!

3. Watch Online Documentaries

You can find lots of free documentaries on the websites of TV channels, or even on Youtube, covering hundreds of subjects, such as history or the ocean. You could also finally watch your favorite actor’s,author’s or musician’s biography.

Some documentaries ideas for you:

50 Best Documentaries Of All Time That Will Change Your Life

4. Learn New Things

Educating yourself doesn’t have to be boring. What are you passionate about? It could be science, the oceans, or even horror films. Google your interests and become as knowledgeable as you can about your passions.

5. Gardening

    Photo credit: Source

    Gardening can be fulfilling and therapeutic, as well as entertaining. Buy a few cheap packets of seeds, and see what you can grow! You can also find lots of tips on gardening online.

    6. Go Camping

    Try going camping with your friends during the weekend. All you need is a tent, some snacks, and drinks. If you don’t live near woods or a forest, you can even try camping in your back garden! You will be surprised by how much fun it is!

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    7. Play Board Games

    Set aside an evening to play board games with your friends or family. This fun hobby is a low-cost way to spend time with your loved ones, as you only need to buy a secondhand boardgame – or it is free, if you already have some laying around!

    Here’re some nice board games to try:

    25 Awesome Board Games That Will Make You Smarter And More Creative

    8. Discover New Music

    Look for new music on music websites or Youtube or Spotify by searching for your favorite genre. You could find a band you love!

    9. Scrapbook Important Events

    Scrapbooking is an awesome way to help you remember all the best parts of your life. You could make a scrapbook about a friendship, a holiday, or even your school years. Supplies are cheap and you can find free printable ideas on Pinterest.

    10. Start Knitting

    Knitting makes you happier. This low-cost, handy hobby can help pass the time – and you could even knit people birthday presents! You’ll never be bored on a train ride again, if you always have your knitting supplies at hand.

    11. Learn How To Cook

    Cooking is a useful life skill as well as a fun way to spend your time. Invest in cheap ingredients and learn how to cook all of your favorite meals. You can find free cooking course on YouTube and similar websites.

    12. Try Drawing

    Drawing is a really enjoyable way of expressing yourself. There are lots of different ways to draw, from painting to sketching to doodling, so choose one you are comfortable with and give it a go!

    13. Go To Free Community Events

    It is likely your local government or local organisations regularly holds meetings and events. Check your community’s homepage to see when the next festival, open air movie night or workshop is.

    14. Start Investing

    Investing is a great way to earn some extra money, just make sure you do your research properly when you first start. You don’t have to invest large sums, but small ones will be just as rewarding if you have a plan.

    15. Start Budgeting

    Set aside a night of the week to create a spending budget. This hobby is a great way to get your finances in order and save you some money. Plus, with this technique you might be able to start a more expensive hobby in a year or two.

    16. Volunteer

    If you have the free time available, volunteering is a great hobby to pick up, as it is one that will benefit many others. You could help people in need, fight for the environment or take care of homeless animals.

    17. Yoga

    Use videos on Youtube to master some yoga positions. It’s low-cost, and good for your mind and body! You can also find lots of useful tips for yoga beginners online. Yoga is a very rewarding sport that can easily be practised at home.

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    18. Writing

    Writing is one of the cheapest ways to have fun. From blogging to trying your hand on a book, there are lots of different ways to enjoy writing. All you need is a pencil and paper to get started.

    19. Play Cards

    Invite some friends over, and get a pack of cards. There are hundreds of different games you can play with cards, and a pack is fairly cheap.

    20. Learn To Dance

    This low-cost hobby is great for your body and an enjoyable pastime. Use Youtube videos and tutorials to teach yourself new dance moves, such as this video teaching you basis steps for beginners.

    21. Reading

      Photo credit: Source

      Reading is a great way to exercise your mind. You can choose to lose yourself in a fictional world, learn more about your own world, or read the autobiography of someone you admire. If you decide to pick reading up as a low-cost hobby, consider getting a library card for your local library. They will have a huge selection of books and best of all – it’s free!

      22. Teach Yourself A Language

      You can use lots of free resources online to help you learn another language. Try downloading some podcasts and listening to them during the evening – you could be speaking another language in no time! You can also find advice and tips online.

      23. Explore Where You Live

      Exploring all of the streets, tunnels and bridges in the area you live in, can be fascinating. You will learn about where you live and its history – but be careful not to trespass!

      24. Keep Up With Current Events

      Keeping up-to-date with what is going on in the world is very important. If you already keep up with the news in your country, consider learning about current affairs in other countries. Remember that there is a whole world out there!

      25. Learn Magic

      Find a book or an online tutorial on magic, and teach yourself a few tricks to show to your friends and family. The suprised faces of your friends, when you make things disappear and reappear, will be the best reward.

      26. Play Free Games

      There are many websites online where you can play popular games for free, against yourself or another player. You will soon find out how much fun it is to create your own character, go on adventures and fight your opponents.

      27. Learn Origami

      Origami is a beautiful art, and this low-cost hobby can help you produce beautiful decorations for your home. I know, it looks like it’s super difficult, but I promise you it’s actually quite easy if you know the tricks.

      28. Surf The Web

      It is very likely that you already surf the web as a hobby, but there are always new and exciting things to do online. Consider watching videos on YouTube, reading stories on Reddit, or finding a forum about something you are passionate about, from a computer game to running. Fun sites include Reddit and StumbleUpon.

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      29. Write A Song

      If you are creative, try your hand at writing a song. You could really enjoy yourself, or discover that you have written something you love. If you know how to play an instrument, you can be your own band.

      30. Try To Beat A World Record

      If you have any interesting or weird skills, check online to see if other people have done them – and how well they did. Then try to beat the record yourself!

      31. Visit Local Museums

        Photo credit: Source

        It is possible you live near a museum that offers free entry. Try visiting your local museum with your friends to see what you learn. You might be astonished by what a rich history your community has.

        32. Play Sudoku

        Sudoku books are reasonably cheap, and will fill many hours of your time. This fun low-cost hobby is also a great way to sharpen your mind.

        33. Start running

        If you already have a pair of good quality trainers, then picking up running as a hobby is completely free. Running is great for your body and helps you clear your head, and there are lots of free apps to help you track your progress. Look online to find running meet-ups.

        34. Practice Meditation

        If you have patience, try practicing meditation to help find inner peace. There is nothing more rewarding than letting go of all your stress. Check out free tutorials to make sure you’re doing it right.

        35. Start a blog

        A blog is a great way to express yourself and find like-minded people. Try WordPress – it is completely free and hosts thousands of blogs.

        36. Listen To Podcasts

        There are funny podcasts, educational podcasts, podcasts with celebrities – you get the idea. Whatever you’re interested in, it is very likely there are podcasts about it. Search online and see if there are any that grab your attention.

        37. Photography

        If you love taking pictures wherever you go, consider making a hobby out of it. There are free photography tutorials and applications online similar to Photoshop, available to anyone. You don’t need an expensive camera, you can also take good pictures with your phone.

        38. Cycling

        Cycling is a great form of exercise, and you can plan trips with your friends or discover the beautiful nature. If you don’t have a bike yet, you can either borrow one from a friend or buy a cheaper model.

        39. Whittling

        Try whittling if you want to learn a useful skill that only requires a stick and a knife. It’s creative and easy to learn with some helpful tutorials.

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        40. Join A Sports Team

        If you enjoy sports, go down to your local gym or park and see if there are any teams playing. Often there are free games going on that you can join, or you could even join a free team.

        41. Mentoring

        Mentoring is a really helpful and fulfilling way to spend your free time. If you are an expert, or extremely knowledgeable in one area, think about helping others to further their knowledge.

        42. Stargaze

          Photo credit: Source

          For this fascinating hobby, all you need to do is buy a second-hand beginners telescope and find somewhere where the skies are clear. Learn to identify the stars and amaze yourself.

          43. Build A Kite

          If the weather is appropriate, kite-building can be a fun and rewarding hobby to pick up, and you can find many useful websites online to help you.

          44. Learn Computer Programming

          You can learn how to computer programme for free thanks to websites and downloadable tool online. Start learning this handy skill with Youtube tutorials. This will not only offer you better job oppurtunities but is also a fun activity in your freetime.

          45. Teach Your Pet Tricks

          If you have a pet, this can be a really enjoyable way to spend your free time. They probably already know the basic commands, so try to teach them something more challenging, like ‘play dead’.

          46. Start A Club With Your Friends

          If you and your friends all love something similar, you could start a club themed around the thing you love. From comedy films to skateboarding, you could meet up and watch videos or discuss the subject.

          47. Do Calligraphy

          You can buy the paper and special pens for this low-cost hobby in your local craft stores, and there are lots of helpful videos online. If you become skilled at it, you could even make a little money creating beautiful wedding invitations!

          48. Collect Something

          Collecting is a fun and low-cost hobby, and you could even end up with a very valuation collection! You can collect almost anything, from coins to clothes to comics.

          49. Start People Watching

          If you catch yourself people watching often, make a hobby out of it! Take a trip to a busy area and settle down to watch the bustling activity.

          50. Try Geocaching

          Geocaching is a fascinating and exciting hobby that costs very little, all you need is a GPS capable device! There are many adventures to go on though geocaching.

          Do you know any low-cost hobbies that haven’t been included on this list? Comment your ideas below!

          Featured photo credit: Unsplash via unsplash.com

          More by this author

          Amy Johnson

          Amy is a writer who blogs about relationships and lifestyle advice.

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          Published on May 7, 2019

          How to Invest for Retirement (The Smart and Stress-Free Way)

          How to Invest for Retirement (The Smart and Stress-Free Way)

          When it comes to stocks, I bet you feel like you have no idea what you’re doing.

          Everyone who’s not a financial expert has been there. I’ve been there. But, time is passing and you need to be crystal clear with how you’re investing for your retirement.

          Otherwise, it’s back to work until you can afford not to. So, how can you invest for retirement when you’re not a financial expert?

          You take the time to learn the fundamentals well. If you do, you can grow your wealth and retire happy. The best part is that you don’t need to be a financial expert to make smart investment decisions.

          Here’s how to invest for retirement the smart and stress-free way:

          1. Know Clearly Why You Invest

          Odds are you already know why should invest for retirement.

          But, maybe you know the wrong reasons. It’s time you get clear on why you’d like to retire. Here are some questions to help you get started:

          • Will you spend more time with your family?
          • What does retirement mean to you?
          • Are you looking to launch that business you’ve been holding off for years?

          Everyone wants to retire but not for the same reasons. Once you’re clear for why retirement is important for you, you’ll focus on making it happen.

          Investing in the stock market allows you to take advantage of compound interest.[1] All this means is that your money earns money on top of its interest. A reason why investment in the stock market is one of the best ways to plan for retirement.

          2. Figure out When to Invest

          “The best time to plant a tree was 20 years ago. The second best time is now.”– Chinese Proverb

          It’s true if you’d had started investing when you were 10 years old, you’d have a lot more money than you do today.

          The reality is that most people don’t start investing until it’s too late. So, if you’re currently waiting for the perfect time to start an investment, it would be today. Open your calendar and block out 2 to 3 hours to choose how you’ll invest for retirement.

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          A quick way to get a snapshot of where you stand is to use Personal Capital. Input all your personal information and spend some time setting your retirement goals. Once completed, you’ll know where you stand with your retirement.

          Having a savings account for retirement isn’t planning for retirement. Why? Your money loses value when you factor in US inflation.[2]

          3. Evaluate Your Risk Tolerance to Create the Perfect Portfolio

          Investing your money well depends on your emotions.

          Why?

          Because when the market drops most people panic and withdraw their money. On average, the US stock market yields an annual 6% to 7% ROI (return on your investment.) But, this won’t happen if you’re worried about short-term loses.

          Before you invest your next dollar, know your risk tolerance.[3] Your risk tolerance determines the number of risky and safe investments you’d have.

          Regardless of your investing style, you need to view investing for retirement as a long term game. Know that some years you’ll lose money but recoup this in the long-term.

          Avoid watching market-related new. Also, create a double authentication to log in your investment account. This way you’re less likely to withdraw your money.

          4. Open a Reliable Retirement Account

          Depending on your circumstance, you may need to open a new brokerage account. This is the account is where you’ll invest your money.

          If you’re currently working for a company, odds are that they offer a 410K investing account. If so, here’s where you’ll invest most of your money. The only problem with this is that you’re limited to the stock options that are available.

          You do have the option to open a separate IRA (individual retirement account.) Here are some of the best brokers:

          1. Vanguard
          2. TD Ameritrade
          3. Charles Schwab

          5. Challenge Yourself to Invest Consistently

          Committing to invest for retirement is hard, but continuing to do so is harder.

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          Once you’ve started investment for your retirement, you run at risk from stopping. Often you’ll want to contribute less, so you’d have more money in your pocket.

          That’s why it’s important that you create a budget that allows you to invest each month. If you’re working for a company, you can set a percentage for the amount you’d like to contribute each month. Most people by default contribute 1% but aim to contribute 10% to 15%.

          Be the judge for how much you can afford to contribute after covering important expenses. To stay motivated, use Personal Capital to view your net worth.

          A benefit to contributing money to your retirement account is not taxed. For example, if you earn $100 and invest 10%, you’d contribute $10, then get taxed on the remaining $90. As of 2019, the most you’re able to contribute towards your 401K is 19K but this can change.

          6. Consider Where to Invest Your Money

          The most common way to invest your money is in stocks, but it’s not the only way. Here are other ways to invest:

          Robo Advisors

          Robo-advisors[4] are fancy algorithms that’ll choose the best investments for you. Sites like Wealthfront make it easy for first-time investors to invest their money. You’d input information about yourself and set your risk tolerance.

          Then, set your monthly contribution amount and your robo-advisor would do the rest. Robo-advisors charge a fee to manage your money, but less than regular advisors.

          Bonds

          Think of bonds as “IOUs” to whomever you buy them from.

          Essentially, you’re lending money and charging interest. Like stocks, not all bonds are equal. Some will be riskier than others depending on their rating.

          Here are the different types of bond categories:[5]

          1. Treasury bonds
          2. Government bonds
          3. Corporate bonds
          4. Foreign bonds
          5. Mortgage-backed bonds
          6. Municipal bonds

          Mutual Funds

          Picture a group of people dumping all their money in a jar that’s managed by a professional. This is how mutual funds work. The fund manager manages the money looking to earn capital gains (interest.)

          One of the best types of mutual funds is index funds. Since these funds don’t try to beat the market and instead follow it, they need less research. Because of this they often charge the lowest fees and yield the best long-term results.

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          Real Estate

          Yes, buying a home is an investment when done correctly.

          Imagine buying a home and using it as a rental property. After repairing it, you receive a monthly surplus check of $100 to $200.

          This may not sound like a lot, but repeat this process enough times and you’d earn a large amount of passive income. That’s why real estate is one of the best investments to not only retire but become wealthy.

          But, it requires a lot of money to start and you should expect losing money along the way as you learn the process.

          Savings Accounts

          Your money can still grow in a savings account. Nowadays most online banks offer a 2% annual return. Although the average inflation is higher your money will be available when you need it.

          7. Master Disincline to Dodge Short Success

          Investing for retirement is a long-term strategy. That’s why you need to master delayed gratification. All this means is delaying short-term pleasure for something bigger in the future. Research shows that those who have delayed gratification are more successful.[6]

          So how can you master delayed gratification?

          By building your discipline.

          Think back to what retirement means to you. A clear purpose will help you avoid withdrawing your money during a market downturn. It’ll help you contribute more towards retirement when you’d want to waste it instead.

          Your journey towards retirement will be long, so reward yourself along the way. Choose a reward that’s relevant and meaningful, so that you reinforce positive behavior. For example, after contributing more towards retirement, treat yourself to dinner.

          8. Aggressively Invest on This One Investment

          I’ve mentioned several types of investments but haven’t covered the most important one.

          It sounds cliche but here’s why you’re your best investment towards retirement. The more you know, the more money you’ll be able to make. The more good habits you adopt, the more secure your retirement will be.

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          More importantly, investing in yourself is an investment that no one can take away. There’s no market downturn nor tragic circumstance that’ll wipe your knowledge and experience.

          But, how can you invest yourself?

          Reading books, blogs, and anything that’ll help you learn new topics daily. Listen to podcasts and audiobooks on your commute to/from work.

          Save money to buy courses and hire coaches. I used to believe hiring coaches was a waste of money when I could learn the subject alone.

          But, coaches see your blind spots and hold you accountable. Hiring the right coach will help you achieve your goals faster than you would’ve alone.

          Retire Happy with Excess Money

          The key to a secure financial future doesn’t only belong to financial experts.

          It’s possible for you and I. What if you were able to retire earlier than most people and weren’t a financial planner? What if you were able to focus on what you enjoy doing the most while your money was working hard for you?

          I know this sounds impossible now, but the truth is you’re capable of taking charge of your retirement. I’m not a financial expert but I’ve learned how to invest my money by reading books and learning from others.

          Investing your money is scary. So start small and invest a small amount of your money with a robo-advisor. Feel your money drop and rise for a month or two. Then, invest more and keep this up until you’re aggressively saving for retirement.

          One day, you’ll wake up with a net worth you’re proud of – confident about your retirement. You now know a few strategies you can use to invest in your retirement. Will you take action to retire happy?

          More Articles About Making Wise Investment

          Featured photo credit: Matthew Bennett via unsplash.com

          Reference

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