5 Smart Hobbies That Will Make You Enough Money to Quit Your Day Job

5 Smart Hobbies That Will Make You Enough Money to Quit Your Day JobMore and more people are making the transition to being independent workers, taking advantage of freelance opportunities, contracting, and temporary employment to generate extra incomesometimes even enough to quit their full-time jobs. googletag.cmd.push(function() googletag.display(div-gpt-ad-1467144145037-0) ) If you have a dream of taking your supplemental income to the next stepwhether you want to be an entrepreneur, a freelance artist, a blogger, a filmmaker, or anything elseyou should first make aya you have a solid financial game plan laid out before you quit your day job. Make sure you have enough income, plus some savings should that income drop off at any point.And if you dont quite know yet how you want your work life to look, here are 5 ideas you could use to make side income your whole income.1. Online MarketingAny product or service can be sold from anywhere to anyone, thanks to the digital world, sear ch engines, and social media. Sign yourself or your business up for a social media account and start attracting as many big brands and companies as you can. The more followers you have, the greater your chances of earning marketing dollars will be. Depending on your sponsoring brand, you could earn up to $500-5,000 per post.2. InvestingThe stock market is always a risky option, but it is a great way to maximize your returns. The stock exchange and bank stocks are relatively panzerschrank and price-to-book ratios usually low. Major banks can also be a smart choice, considering how important their functioning is to the government. Learn how to expertly move your positions and you could see your profits rise.3. Taking on GigsThe gig economy is on the rise. Whether you have a specialized talent that you can farm out on the internet or in the tech sector, or youre less educated and tech-savvy but still have valuable skills to offer, such as art or craftsmanship or even driving for a ride -share company, your entire income could be made this way.4. MLM and FranchisesIf you have a little capital saved up, owning a franchise can be quite profitable. Pick something youre passionate about and start researchingYoull have the added peace of mind knowing the business model worked once already, and many of the kinks have been worked out. Theres also Multi-Level Marketing, which can be a great source of income, comes with business advice and a marketing plan, and doesnt require you to launch a new business entirely, but comes with fewer guarantees.5. Online TeachingIf you know another language, or are particularly good at standardized tests, you could be making $20-100 per hour tutoring people in languages or ACT/SAT/IELTS tests remotely via Skype or other platforms. Try online teaching job sites like Learn4Good or Indeed to start. Once you start reaching income goals in this field, you can easily convert into full-time work.Whatever you do, be sure to plek something that you are passionate about. Also take your schedule into account. Can you only work weekends, or do you have more time to devote to building your business? If you need a chunk of capital to get you started, try to avoid sidling yourself with big loans so you dont get bogged down with interest payments.