May Tips: Create Steady Income Streams From Hobbies

Hobbies can be a great little side business to start generating income. The best ones are passive income generating. This means, without you putting in any direct or constant work into them, they’re generating income. A great example of this is the Youthpreneur gumball machine. Once a child or teen has set up a connection with a business owner to place the machine in their shop, they can generate income all week long while that business is open, without having to put in any extra work! Think of other hobbies you may have though that you can make some money off of. Research the market and see if you can find a niche to fit it. Whether it’s bead making, photography or more, there’s lot of little ways you and your kids can generate income from a hobby.