Musical Money: How to Make Money From a Musical Hobby

Hobbies are activities done regularly in one’s leisure time for pleasure. Although people’s hobbies are usually for leisure, some people try and make money off them. In fact, musical hobbies are the easiest types of hobbies to make money off, which is why it doesn’t feel like a job. Here are some few easy ways to make money from a musical hobby.

The first way to make money of a musical hobby is by performing at social gatherings. For example, birthday parties, weddings, family reunions, and churches are just some of the few places where one can display their talents. For simple events like birthdays, parties, and churches, one should only charge between $20 and $40. On the other hand, for more formal events like weddings, family reunions, and maybe even funerals, $50 and up is the best price range. The better the performance, the better the paycheck. Also, from performing at social gatherings, people are more likely to refer one’s musical services to other friends or family members, which means more popularity!

Secondly, another way to make money of a musical hobby is by teaching others how to play that same musical instrument. For example, if the instrument was piano or guitar one could simply just teach their client from their own musical experience. Start slow with easy chords and continue to move upwards to the more difficult lessons. This way of making money is best for people who are experts at playing their musical instruments. When charging clients for musical lessons, the price range should be kept between $20 and $40 depending on how long lessons are. Lessons that are about thirty minutes should be worth $20, but lessons that are about an hour or more should be worth $30 or $40. The key idea is to make sure that clients are being taught well, but not charged too much because that’s when clients will quit and find other cheaper services. Also, if one provides good and reasonable priced services to clients their work will most likely be recommended to other possible clients.

The last way to make money from a musical hobby is by creating musical CDs and selling them to friends and family members. If one has a really impressive musical talent, people may want to hear their music more often. For example, if one plays beautiful classical music on their piano they can record that music and apply it to a CD and sell it to people who have been interested in their music. The key here is to put excellent content on these CDs and sell them for about $10 or $15 depending on much music is on the CD.

On the other hand, if one does not like the idea of putting their music on CDs, they can simply record their music and put it on iTunes, which is a media player developed by Apple Inc. where people can sell and buy all types of music. This way of making money is much easier for people in this generation because almost everyone with a computer or smartphone buys music from iTunes. It is a much faster process than actually going out and selling CDs.

Overall, hobbies are fun, but they can become a little more fun if money can be made on the side. The great thing about this is that musically gifted people are still able to do what they love and enjoy while still finding a way to be supported financially.

One Response to Musical Money: How to Make Money From a Musical Hobby

  1. I have a friend who plays guitar really well. She makes a living, more or less, with teaching. You really need a solid local network to get that going effectively, but once you got it, the steady flow of students can make it viable.

Leave a Reply

*