ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

10 Most Unique and Lucrative Ways to Turn Hobbies Into Income

From getting paid to sleep as a professional bed tester to selling photos online.
PUBLISHED JAN 9, 2024
A hand holding coins | Getty Images | Photo by Christopher Furlong
A hand holding coins | Getty Images | Photo by Christopher Furlong

Diverse avenues to earn money doing what you love

Faroukh of Minitech Project is recording a DJ set in a studio to be broadcast on social media | Getty Images | Photo by Pierre Crom
Faroukh of Minitech Project is recording a DJ set in a studio to be broadcast on social media | Getty Images | Photo by Pierre Crom

Embark on a journey to turn your passions into profits with these unique and innovative ways to earn money. From getting paid to sleep as a professional bed tester to monetizing your gaming skills through live-streaming, discover unconventional avenues that promise both enjoyment and income. Whether you're a photography enthusiast, a financial guru exploring peer-to-peer lending, or an expert in a specific field crafting online courses, these opportunities cater to diverse interests. Explore the world of affiliate marketing, house-sitting, and more, and transform your hobbies into lucrative ventures. Get ready to unleash your potential and discover the joy of earning while doing what you love.

1. Get paid to sleep as a professional bed tester

A woman is sleeping on the lower portion of a bunk bed | Getty Images | Photo by  Smith Collection
A woman is sleeping on the lower portion of a bunk bed (representational image) | Getty Images | Photo by Smith Collection

If your ideal job involves getting paid to sleep, you're in luck! Professional sleepers, also known as bed testers, have the unique opportunity to make their dream a reality. However, with fierce competition and limited vacancies, aspiring snoozers should regularly check job boards, especially those associated with mattress companies or hotels. Landing a position as a professional sleeper offers a rare chance to turn your passion for snoozing into a paid profession.

2. Sell your photos online

A page from a photo album | Getty Images | Photo by Wojtek Laski
A page from a photo album (representational image) | Getty Images | Photo by Wojtek Laski

Turn your passion for photography into a lucrative venture by selling your images on stock photo platforms such as Shutterstock and iStock. Capitalize on your knack for capturing compelling moments, and every download of your photo will translate into earnings, with a percentage coming your way. These platforms provide exposure to a vast audience seeking quality visuals for various purposes. Whether you're a professional photographer or an amateur enthusiast, monetizing your photo collection is a rewarding way to showcase your talent while earning income.

3. Launch your peer-to-peer lending business

A man removes Euro currency bills from a wallet | Getty Images | Photo by Sean Gallup
A man removes Euro currency bills from a wallet (representational image) | Getty Images | Photo by Sean Gallup

Put your spare cash to work by venturing into peer-to-peer lending. In this dynamic financial model, you lend money to individuals, reaping higher returns on your investment. Mitigate risks by thoroughly assessing borrowers' repayment capacity, examining their lending history, and initiating smaller loans before entrusting larger sums. This proactive approach ensures prudent financial dealings, safeguarding your assets. Dive into the world of peer-to-peer lending, turning your idle cash into a powerful tool for financial growth while contributing to the success stories of those seeking funds. 

4. Unleash price drop refunds with apps

South Korean bank employee gives change in euro banknotes | Getty Images | Photo by Chung Sung-Jun
South Korean bank employee gives change in euro banknotes (representational image) | Getty Images | Photo by Chung Sung-Jun

Bid farewell to post-purchase regret. Tired of witnessing a recently purchased item go on sale shortly after? Utilize apps like Earny and Capital One Shopping to monitor your accounts diligently. These apps tirelessly secure the refunds you deserve, automatically claiming the difference if a price drop occurs. While they may deduct a processing fee, the prospect of gaining up to $300 in annual cashback makes it a worthwhile investment. Ensure you never pay more than necessary and let these savvy apps work on your behalf to maximize savings on every purchase.

5. Turn empty spaces into cash

A sign advertising apartments for rent is displayed in front of an apartment complex | Getty Images | Photo by Justin Sullivan
A sign advertising apartments for rent is displayed in front of an apartment complex (representational image) | Getty Images | Photo by Justin Sullivan

Unlock a stream of income by renting out your unused parking spot, especially if you reside near a bustling city center. Cater to daily commuters seeking convenient parking near their workplace and pocket up to $10 a day. Over a year, these daily earnings can accumulate into a substantial sum. Transforming idle spaces into a lucrative venture, this simple initiative benefits your bank account and alleviates parking challenges for those in need of a hassle-free solution. It's a win-win situation for both parties involved.

6. Take online surveys for gift cards

Amazon gift card | Getty Images | Photo by Smith Collection
Amazon gift card | Getty Images | Photo by Smith Collection

Explore opportunities on platforms like Swagbucks and Survey Junkie, where your web usage insights are valuable. Install browser add-ons that track your online activity, and earn points by completing surveys and watching videos. Accumulate these points and redeem them for gift cards usable at your preferred stores. This straightforward method allows you to voice your opinions and rewards you with gift cards, transforming your spare time into a profitable venture. Share your insights, shape market trends, and enjoy the perks of gift card rewards for your participation.

7. Earn with affiliate marketing programs

A passenger waiting for her flight to depart from San Antonio International Airport | Getty Images | Photo by Robert Alexander
A passenger waiting for her flight to depart from San Antonio International Airport (representational image) | Getty Images | Photo by Robert Alexander

Leverage your blog or website's influence by joining affiliate marketing programs. Earn commissions every time a purchase is made through your advertising link. Don't own a website? Amazon's associate program offers a unique approach—partner with a friend, refer each other, and earn cash based on each other's spending. Whether you have a dedicated online platform or are teaming up with a friend, affiliate programs provide a lucrative opportunity to generate income through referrals and online purchases. Capitalize on your online reach and turn it into a revenue stream with affiliate marketing.

8. House sitting

Children Listening to Roosevelt Radio Address | Getty Images | Photo by Bettmann
Children Listening to Roosevelt Radio Address (representational image) | Getty Images | Photo by Bettmann

If your idea of a perfect day involves lounging on the sofa and binge-watching Netflix, consider house-sitting for clients on holiday. Earn money by taking care of homes while their owners are away. Your reliability is your bargaining power, enabling you to negotiate higher pay and maximize your earnings. Embrace the opportunity to get paid for relaxing in a comfortable space. House sitting not only supports homeowners but also provides you with a flexible source of income. Enjoy your favorite shows while earning as a trusted house sitter.

9. Launching profitable online courses

Student studying for his degree | Getty Images | Photo by Leon Neal
Student studying for his degree | Getty Images | Photo by Leon Neal

Transform your expertise into a lucrative venture by creating and selling online courses. Share your knowledge in a specific field, allowing people to purchase and stream valuable content. After the initial effort, capitalize on your expertise continuously. Career coaches, for instance, craft courses guiding professionals to secure their dream jobs or enhance confidence. This income stream not only provides financial returns but also establishes you as an authority in your niche.

10. Monetizing game streaming for serious gamers

Twitch Streamer SOMERSET takes on Marriott Bonvoy Land in a Livestream Event | Getty Images | Photo by Dave Kotinsky
Twitch Streamer SOMERSET takes on Marriott Bonvoy Land in a Livestream Event | Getty Images | Photo by Dave Kotinsky

For avid gamers with a substantial social media following, turning their passion into profit is now a reality through live-streaming gameplay. Essential tools include a gaming device, a headset, a webcam, a reliable internet connection, and preferred games. Engage with an online audience while showcasing your gaming skills. Platforms like Twitch and YouTube Gaming provide opportunities to monetize through ads, subscriptions, and donations. Elevate your gaming experience into a potential revenue stream, combining entertainment and income for those who excel in the digital realm.

MORE ON MARKET REALIST
Sheila won a brand new entertainment unit, complete with an HD plasma TV and mini bar from Howard Miller.
50 minutes ago
The appraiser disclosed that Yoakum began painting in the 1960s and he created one unique piece of art every single day.
2 hours ago
The entrepreneur also managed to get the sharks to taste the vegan alternative meant for pets.
4 hours ago
Throughout the game Monica tried to calm her nerves by placing her right hand over her chest.
1 day ago
Harvey later realized that the contestant had a crush on him and they had a moment.
1 day ago
The host had warned the men in advance to not risk their marriage for some points.
2 days ago
The big box retailer's signature brand detergent which has a cult following, may be discontinued.
2 days ago
The player made two great comebacks while playing the "Spelling Bee" game to win a car.
2 days ago
The item that had been hanging over the guest's stove for years turned out to a piece from Picasso.
2 days ago
Her loss turned into a bittersweet moment as fans were touched by a reference to another popular game show.
3 days ago
The player wasn't sure if she had to keep going after getting it right in the first attempt.
3 days ago
Fans of Shark Tank know that inflated numbers don't go down well with the judges.
4 days ago
The contestant was jumping around even before he had started playing the game.
4 days ago
On the show's unofficial Reddit forum, fans complained that the show lacks strict rules for players.
4 days ago
Harvey wasn't convinced that such an answer was appropriate, but most people in the survey felt otherwise.
4 days ago
The creator flagged the warning on a version that is issued in case of pesticides.
5 days ago
The answer that brought down Jennings was a shocker and people let out a collective gasp.
5 days ago
Announcer George Gray was also following orders from the models alongside Carey.
5 days ago
The guest had also conducted her own research for which she was commended by the expert.
5 days ago
The guest was shocked to learn how much the watch could have been with the original parts.
6 days ago