Capital One BrandVoice: Investing In Yourself—Hobbies That Can Help You Get Ahead (2024)

All work and no play is no way to spend your days. You have interests. Ideas. Thoughts about how you’d like to spend your spare time. So, why not exercise your inner creative muscles? You might find talents you didn’t know you had, which could turn into something more serious.

Skeptical? Here are few hobbies from folks who have made the transition from hobby to side gig.

Crafting

Tim Gearles spends his free time working with wood. “I get to create something functional while seeing a beautiful mix of nature and technology. Then I get to share it with family, friends, even strangers.”

Tim admits he wasn’t an expert at first, but he had an interest and that sparked a passion. “I didn’t have much knowledge, but after watching my father, collaborating with friends and of course watching online videos, I’ve been able to gain proficiency and add personal flair.”

Tim’s passion for woodwork started with a cutting board. Now his profits help fund future projects. “I’ve had the opportunity to sell some cutting boards and have had a few pieces commissioned. The hope is to use the sales to fund more projects and tools.”

Maybe you loved making jewelry when you were younger and now you live for the moments you get to spend crafting with your kids. You might not be not an avid scrap booker or a fan of knitting feline toys, but that doesn’t mean you can’t create something beautiful.

Sites like Etsy® and ArtFire® were created just for crafty and creative minds like yours. By valuing the human connection that comes with handmade goods, these sites allow you to create to your heart's content and share your story and your creations with consumers around the world. Stained glass, straw hats, stud earrings. Whatever you make that makes you happy can eventually make someone else happy, too.

The Penny Hoarder® reported one Etsy purveyor as pulling in up to $70,000 per month from slinging handmade headbands. You might not make that much, but there’s the potential that your hobby can evolve into something bigger.

Cooking

Even everyday activities could turn into something lucrative. Take a cue from Anya Mills. Anya’s passion in the kitchen evolved into a tasty side gig when she turned a family recipe into an actual Crunch Dynasty. “I watched my mom cook my whole life and when she made this sauce I loved being in the kitchen with her.”

Mom’s tasty sauce sparked something in Anya. Once she saw how friends and family would flock with empty jars just to get a taste, she knew it was worth sharing.

“We launched Crunch Dynasty and started selling,” she said. After earning the attention of popular food bloggers and chefs, their fan base increased, as did their sales. “We have a very loyal following and try to keep growing steadily.”

Find yourself lacking in famous family recipes? Liz Thomson found her niche in food blogging as a way to not only teach herself to cook, but to learn a lot of other creative skills along the way. “I wanted to create easy, healthy recipes that other people could make. It’s been a unique way to learn everything from cooking to photography to search engine optimization.”

And you don’t have to be a seasoned pro to start something up. As long it’s fun, it’s worth it! Thomson can attest, “I had no idea what I was doing at first. I read books about food photography, watched webinars about web design and listened to podcasts about social media.” Since her 2010 launch, Thomson’s blog has not only become profitable, but she recently released her own cookbook. “It’s been fun to learn skills beyond recipe development and I’ve fallen in love with food blogging.” Check out The Truly Vegan Healthy Vegetarian Cookbook to learn more about what Liz learned along the way.

Cars

Richard Kuhlbars has a background in sculpting, but really, he just loves to build things. Custom bike parts, commissioned sculptures. “For me, this often manifests itself in rebuilding custom cars, but I can build just about anything you need out of metal.”

And you don’t have to know what you’re doing to jumpstart a car restoration project. There are plenty of resources available to help you out. When you’re done you either have a cool car of your own or some sweet wheels to sell!

In Conclusion

Shopping, opinionating, dog walking, home brewing, home organizing, music lessons—the possibilities are endless.

Remember why you started this venture. It’s not for profit. It’s for you. “If my initial goal was to start a business, I don’t think I would have stuck with it,” she concludes. Mills agrees that “the greatest goal is to have fun.”

This article is for educational purposes only, and is not intended to provide medical or legal advice, or to indicate the availability or suitability of any product or service for your unique circ*mstances.

Capital One does not provide, endorse, or guarantee any third-party product, service, information or recommendation listed above. The third parties listed are solely responsible for their products and services, and all trademarks listed are the property of their respective owners.

Capital One BrandVoice: Investing In Yourself—Hobbies That Can Help You Get Ahead (2024)

FAQs

Does Capital One investing still exist? ›

As of April 29, 2022, Capital One Investing, Inc. (previously operated under the name “United Income”) no longer provides investment advisory services and has exited the Investment Adviser Business.

Can you invest as a hobby? ›

Everyone needs a hobby. Some like to play sports, learn a language, or read books; others enjoy making art or music. These days, however, many have started investing as a hobby. Just like other hobbies, there are certain things you first have to learn — and in this case, a misstep can mean lost money.

Does Capital One have investment banking? ›

Take advantage of industry and investment banking expertise that leads to successful transactions, active relationships with leading financial sponsors, and insight shaped from engagement across the healthcare industry.

What is the rule 3 invest in yourself? ›

Rule 3: Invest in Yourself. The most important investment you will make in your life has nothing to do with buying a house, a share of stock, or even gold. The most important investment you can make is in yourself. You will most likely earn income by working for someone else or by running your own business.

What does Warren Buffett say about investing in yourself? ›

Yes, in a previous interview he's spoken about the most important investment any man can ever make, saying: “Generally speaking, investing in yourself is the best thing you can do. Anything that improves your own talents; nobody can tax it or take it away from you.

Is Capital One safe from collapse? ›

Deposits are insured up to $250,000 per depositor, per ownership category at Capital One. Deposit insurance is calculated dollar-for-dollar—that includes principal plus any interest accrued.

What bank is Capital One merging with? ›

Two financial giants are joining forces, but the impact may not be seen until early 2025. On February 19, Capital One announced it would acquire Discover in an all-stock transaction worth $35.3 billion.

What is the interest rate for Capital One 360 money market? ›

Rate information:

If your daily balance is less than $10,000.00, the interest rate paid on your entire account balance will be 0.7971 % with an annual percentage yield of 0.80% .

What is the 3 hobby rule? ›

2024 is all about figuring out what our hobbies are. And I have figured out. the perfect rule of three hobbies. One is to move the body, two is to build knowledge, and three is to channel your creativity.

What is the 5 hobby rule? ›

According to the five hobbies rule, you need one hobby to keep you active, one to keep you creative, one to make you money, one to build knowledge, and one to evolve your mindset! So, have you heard of this rule before?

How safe is Capital One banking? ›

It also has Federal Deposit Insurance Corp. (FDIC) insurance, so deposits are safe up to the legal limit. High APYs: Capital One offers above-average APYs on its checking accounts, savings accounts and CDs. Lots of ATMs: Account holders have access to 70,000 fee-free ATMs across the country.

What is Capital One's monthly fee? ›

For Basic Checking customers, the $15 monthly fee can be waived with a $2,000 minimum 30- or 90-day average balance.

What banks own Capital One? ›

Capital One is a subsidiary of Capital One Financial Corporation, a U.S.-based bank holding company headquartered in McLean, Virginia and founded in 1994.

Who said the best investment you can make is in yourself? ›

Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, is consistently ranked among the wealthiest people in the world. But how did he get there? While his investing acumen is unmatched, Buffett believes the real key to success is much simpler: invest in yourself.

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