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Funding Your Hobbies: Our Tips To Improve Your Income

Funding Your Hobbies: Our Tips To Improve Your Income

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There are few greater pleasures than spending time diving into your hobbies. Whatever they may be. The desire to create and explore is part of being human. Finding joy in the process and reveling in the satisfaction of the finished product.

Sadly though we can’t ignore the realities of our world. We have to work to provide for ourselves. And, often, to fund our hobbies. There are only a few hobbies in the world that can be done completely for free. And even those can be improved with various accessories or equipment.

Times are tough out there for everyone. South Korea and many other nations are facing a cost of living crisis. But that doesn’t mean you have to cut back on your hobbies. Today we are going to give you a few tips on how to improve your income to better fund your passions.

Monetize Your Passions

The best and most obvious answer is to try monetizing your hobbies. Nearly every passtime can be turned into a business in some form. Particularly if you are creating works of art. And, thanks to the advent of the internet and the boom of social media, it is now easier than ever before to monetize your hobbies.

Let’s look at art for example. Websites like Patreon and Ko-Fi allow you to bring in donations from your fans to subsidize your artistic endeavors. But, to do this, you will first need to build a name for yourself. Instagram and TikTok are great avenues for this. Start uploading your work online and try to maintain a consistent upload schedule. Once you have built up a bigger following you can start advertising your Patreon.

If your hobby is more physical in nature, such as working out, running, or some form of gymnastics, you could offer your services as a trainer. Many beginners will often look for cheaper personal trainers who are more specialized. And there are numerous apps here in South Korea that allow you to offer your services without need for an agency.

Get A Part-Time Job

One of the most effective ways to bring in a bit of extra income is to get a part-time job. Here in South Korea there are ample night part-time jobs going in various entertainment venues, restaurants, and bars. We do recommend using a job finding platform like Bubblealba rather than applying directly. When you find a night part-time job with Bubblealba you can pre-upload your working availability and switch between venues with ease.

Part-time jobs are also a great chance for networking. If you are in a creative field you could look at getting a part-time job in a gallery or karaoke bar. Or, if you’re into a more active hobby, you could get a part-time job at a gym. You will meet a lot of like minded people who can help you improve your skills and potentially provide new career opportunities.

Cryptocurrency

One of the best ways to earn a bit more money is to start investing in cryptocurrency. If you don’t know, cryptocurrency is a completely digital form of currency that is completely decentralized. Meaning no governing body has control over it. The value of a cryptocurrency is determined by the people. Crypto is unique in that each currency has a finite amount of coins or tokens that will ever exist. This stops the value from being artificially inflated.

Investing in crypto is far easier than investing in stocks and shares. There are numerous apps, Like Crypto.com, that make the whole process safe and easy. These apps also provide a lot of education regarding how crypto works and how to better invest your money.

We recommend starting out with a small investment. Maybe 17k won to begin with. Examine how well your investment does over a week and, if it has gone up, sell it and then reinvest in another coin or wait until that same coin has gone down again. This will help you get a better understanding of the whole process.

The important thing to note is you should never invest more than you can afford. And to always try to sell for more than you bought. Chances are your crypto will go down in value at different points throughout the year. The important thing is to not panic and hold onto it. It will stabilize and go up again with time.

Sell Your Old Clothes

One of the best ways to earn a bit of extra money. The second hand clothing market is booming right now. Primarily due to people being exhausted with fast fashion and its environmental impact. Websites like Vinted are a great platform to sell your old outfits on.

Shoes such as sneakers are particularly popular at the moment. A lot of sneaker collectors are often hunting rare editions. And you never know what rare treasures you might have sitting about in your wardrobe.

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