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How to make money from your hobby or passion?

How to make money from your hobby or passion?

In 20 Ideas on how to make money after retirement I offered some possibilities to earn extra cash. But what if you have no idea how and where to start to make money from your hobby? I’ll give you some ideas here.

Be passionate about your hobby

The number 1 condition is that you are a raving enthusiast of your hobby. Everything else comes second. Your enthusiasm will seep through everything you will tell, write or show about the subject. And enthusiasm is contagious.

Do you know all the ins and outs of your hobby? That’s a nice bonus. Ditto for being a true craftsman or -woman. Or from always getting the best results. 

Believe me, nothing beats passion. You’ll notice once you are going to tell others about your hobby, you’ll want to investigate things thoroughly. Being curious and open-minded is a better starting point then knowing it all.

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The importance of life expectancy for your personal situation

The importance of life expectancy for your personal situation

The most interesting question I ever got was “How old are you going to be?”. There had been a vague notion in the back of my head, but until then I had never put an actual number on it.

The importance of life expectancy is huge. Not just for life insurers but especially for your personal situation.

Why? Well, let’s say you will live to be 100. And that you retire at age 67. That means 33 years of not having a job and maybe more costs because of a declining health. Which in turn means that you’d better have made preparations while you were still working.

Read moreThe importance of life expectancy for your personal situation