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  • Writer's pictureJoshua Soloway

Your Guide to Learning New Skills and Hobbies

By - Abby Holt, Founder of Craftability.org

paint pallette, paint brush, paint scraper, paint, and color everywhere

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Life is a blank canvas waiting to be painted with our unique passions, skills, and hobbies. If you’re looking for ways to spend your free time, consider picking up a new hobby or learning a new skill. Few things are more rewarding than expanding your personal skill set! Whether you’re interested in creative hobbies, artistic pastimes, or projects that could bring in some extra income, pouring your energy into activities that interest you is perhaps the best possible use of your time. Let this article from Wrong Side Creations guide you as you explore the captivating world of hobbies!


Finding Your Next Hobby


Finding a fulfilling hobby is an adventure of self-discovery and exploration. There’s a good chance you’ll need to try at least a few different hobbies before you find one that resonates with you. Not sure where to start? Consider what brings you joy and makes you feel inspired. Perhaps it’s a vibrant swirl of colors on canvas, the soothing rhythm of a musical instrument, or the satisfaction of creating something with your hands. Or maybe you’re thrilled at the idea of building a passive income stream to break free from your 9 to 5. Whatever drives you, look for hobbies that align with your existing passions and interests.


Financial Hobbies for Building Wealth


While the allure of creative hobbies is undeniable, The Wealth Wisdom explains that certain business-centric hobbies may be attractive to those who value wealth-building and financial independence. Engaging in financial hobbies such as investing in stocks, trading, or mastering personal finance management can be both intellectually stimulating and financially beneficial.


For example, investing in real estate might be the perfect hobby for you! Let’s take a look at the pros and cons of this venture so you can decide whether it’s worth your time. On the plus side, investing in real estate can provide steady income, the potential for appreciation, and the ability to diversify your investment portfolio. On the other hand, real estate investments come with high initial costs, not to mention the risks associated with market volatility and renting to tenants. As with any investment, careful consideration and research is essential before diving into real estate.


Mastering the Business of Hobbies


Even if your hobby has nothing to do with investing or business ownership, you still have the opportunity to transform your hobby into a thriving business. For example, you could turn your love of baking into a local bakery, transform your knack for crafting into an online store, or share your love of painting by teaching virtual art classes or launching a paid newsletter course.


Whatever path you take for your hobbyist business, consider forming an LLC to shield your personal assets. LLCs also come with certain tax advantages that can make business ownership more accessible. Since states have different rules around forming an LLC, be sure to do your research before moving forward. Keep in mind that you can always use an online formation service for help navigating the LLC process—this is a great way to avoid expensive lawyer fees!


Making Time for Hobbies


If you’d love to pick up new hobbies but just can’t find the time, welcome to the club! As life gets more complicated, we have less and less time to spend on activities that bring us joy and fulfillment. Try to carve out time, even if it means sometimes prioritizing certain hobbies over other activities. See if you can rearrange your daily schedule to make space for learning new skills. For example, you can trade some TV time for hobby time or listen to audiobooks related to your hobby on your daily commute to work. Weaving hobbies into the fabric of your routine will infuse your day with moments of joy and opportunities for growth!


About the Author

Abby created Craftability to inspire you to put your own crafting abilities to good use, whether it’s painting, jewelry-making, quilting, or calligraphy.
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