Making money using your talents

Almost everyone has a talent or hobby that they could use as almost a second job to make money on the side. Some of these include music, art, crafts, jewelry design, photography, hair stylist, handyman, cooking or baking and more. I've listed some ideas below for a few of the talents. Some I take part in myself.

Music

  • Form a cover band
  • Write and record songs to sell
  • Teach voice or instrument lessons

Art

  • Sell paintings, drawings, sculpture or other art
  • Teach a class in your specialty
  • Commission portraits or other works

Cooking/Baking

  • Start a catering business part time
  • Hire yourself out as a personal chef
  • Sell baked goods out of your house
  • Teach others to cook or bake

Not only can you use these to make money but you can also open your own business which has several tax benefits. Between the extra cash and the tax deductions you'll notice that you're slowly getting richer. Of course the trade off here is your time and sometimes additional education.

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, Newark Personal Finance Examiner

Jamie has an MBA from Rutgers University and a Professional Certificate in Real Estate Finance, Investment and Development from NYU. He's traded stocks since he was 13 and bought his first property within a year of graduating college. He also flipped properties and got out before the 2008...

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