Articles, Hobbies

Kickstart Your Bank Account With These Budget-Friendly Hobbies

Written By: Chris Panteli
Reviewed by: Mike Reyes
Last Updated November 16, 2023

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10 Budget-Friendly Hobbies You Can Start Today

When creating a budget, hobbies can seem like a waste of money. Most people forgo hobbies as they are not budget-friendly, saving more money every month, but having one can improve your quality of life and keep you motivated to reach your financial goals. 

How do you start a hobby when you don’t have money? This post will show you how to budget for a hobby and ten budget-friendly activities you can take up that won’t ruin your saving plans. 

Benefits of Having Strong Hobbies

Hobbies are usually the first thing to get cut from the budget when saving, but there are some reasons why having them is crucial. 

Improves your physical health

If you take up a physical hobby, it’ll have measurable benefits on your health. Jogging, walking, dancing, and skipping all help lower blood pressure, lose weight, strengthen bones, and increase overall energy levels. 

Boosts mental and emotional health

It’s not just our physical health that benefits; our mental and emotional well-being can benefit from hobbies. Whether physical or creative, hobbies help relieve stress and help reduce anxiety. 

It helps us make new friends

Hobbies are also a great way to socialize and meet new people. As adults, it’s tough making new friends and expand our social circles. But you’ll often find groups in your community that you can join and share your new passion. 

Boosts our creativity

A hobby is a great way to ignite a new passion and inspire creativity if you don’t have a creative outlet at work. Painting, drawing, crafting, and making can all train our brains to become more creative in other areas of our lives.

Lets us work on self-improvement

A hobby is also an opportunity to improve ourselves and work towards goals. This gives great satisfaction and improves confidence levels, self-esteem, and overall quality of life. 

How to Budget For Your Hobbies

You must be realistic about your hobby budget if you’re already on a tight budget. Generally, you shouldn’t spend more than 5-10% of your take-home pay on hobbies and recreational activities. 

If you bring home $3500 a month, you should only spend around $175 to $350 on your hobbies. 

Of course, this is just a general rule, and you must work out how much money you can comfortably set aside for this category in your budget. 

Set up a sinking fund

Set up a separate saving account for your hobby once you’ve figured out how much to spend monthly. This will be a sinking fund that you put money into every month. 

It’s called a sinking fund because it might not get used monthly, and the savings have no end goal. However, you can only use what’s in this account for your hobbies. 

What are cheap hobbies to start doing?

10 Low-Budget Hobbies to Consider

If you’re struggling to allocate any money toward a new hobby, there are plenty of low-budget options you can start with. These hobbies won’t cost much and might just become your new passion. 

10. Hiking

The main cost involved with hiking is a decent pair of hiking boots. But once you have those, it’s a cheap hobby. No matter where you live, there will be local hiking trails you can try out. 

Start with short, local routes to get used to it, then work up to more challenging hikes in your area. By staying local, you reduce costs but still get the opportunity to explore and get into nature. 

9. Running or jogging

There are tons of free online running plans for people of all ages. Whether you jog around your local park or neighborhood, this low-cost hobby wonders for your physical and mental health. 

Try choosing a local fun run or half-marathon in your area as a goal. This will help you stick to a jogging plan, and you might even be able to raise some money for a local charity in the process. 

8. Photography

Gone are the days of needing a professional camera to take up photography as a hobby. Most smartphones have incredible cameras that can take unbelievable photos. 

Whether you want to photograph landmarks, animals, or portraits, you can get started immediately without training and learn as you go. There are even dozens of free photo editing apps to take advantage of. However, if you want to take your photography to the next level, PicsArt’s AI Image Enhancer can help. This AI-powered tool can detect the content of your photo and apply the perfect edits to make it look professional. You can get the perfect shot every time with just a few clicks.

7. Baking

Many people think baking is an expensive hobby that needs a lot of equipment and fancy ingredients to start. But you can start baking with simple ingredients and essentials you probably already have in your cupboards. 

Plus, if you discover a passion for baking, it’s easy to turn it into a side hustle. You can make extra cash selling your cakes and fresh homemade bread locally at markets and in local stores. 

6. Knitting

Inexpensive yarns cost around $3 a pack, and knitting needles are equally affordable. For under $10, you could take up knitting and de-stress with a calming, creative new hobby. Just be prepared to start knitting everyone you know wooly hats and scarves when they see your creations’ beauty. 

5. Camping

Camping is another hobby many people think is expensive, but you can be ready to go on a weekend with a few basics. 

Start by finding some second-hand camping equipment on local marketplaces and choose a spot to travel. The idea is to return to nature, so the fewer supplies, the better. 

Planning a camping trip is an excellent way to de-stress and explore new places for a fraction of the cost of booking hotels. 

4. Upcycling

This is another opportunity to make some cash with a low-budget hobby. Head to a charity shop or Facebook marketplace to find low-cost furniture and flip it for a profit. 

You only need some furniture, paint, and essential supplies. And if you’re good, you can quickly start making money by turning the old, forgotten tables into modern, loved pieces. 

3. Geocaching

Free treasure hunts but for adults? If you’re outdoorsy, it doesn’t get much better. Geocaching involves using GPS and clues to find hidden treasures placed around the country by other Geocachers. 

Your adventures will take you all over the place, but getting involved doesn’t cost anything. find a group or online community to sign up, and you can get started. 

2. Learn Sign Language

This one is free, and you could start today. Learning a new language is a fantastic way to spend your time, and it’s easy to start learning sign language using free YouTube videos. 

You’ll feel a real accomplishment learning a new language and never know when this skill could come in handy.

1. Start a Vlog

If you have a skill, you could share with others, why not turn it into a vlog? With time and effort, you can turn a YouTube or TikTok channel into a profitable side hustle and get paid to do something you love. 


No matter how strict your current budget is, there is no reason you can’t have a hobby you enjoy to enrich your life. Many of the ones mentioned here are free, and even with a tiny monthly budget, you could find something you love doing. 

With some time and effort, you could even turn your low-budget hobby into a side hustle and get a little extra cash to help fund the rest of your life. 

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