The Retirement Newsletter: The advantages of hobbies and side-hustles

Issue Number: -95 — Is it all about the money?

Photo by Roman Wimmers on Unsplash

Welcome

Welcome to issue number -95. This week, I’m taking another look at hobbies and side-hustles and asking if it is all about the money?

A couple of weeks ago in Issue -97: Hobbies v. Side-hustles — I looked at the differences between hobbies and side-hustles. I said in the issue that I defined a hobby as something you do for fun, and it costs you time and money. A side-hustle was a hobby that made you money. But, there is more to it than that.

Last week — Issue 96: Spring is here and I’m thinking about my health — I wrote about the importance of health — physical and mental. And hobbies and side-hustles can play a big part in your physical and mental health, and your financial health.

Physical Health

Your hobby or side-hustle can benefit your physical health.

But, this all depends on the type of hobby or side-hustle. For example, a hobby that involves going out for long walks would benefit your physical and mental health. Whereas a hobby such as knitting may not positively impact your physical health but may do wonders for your mental health.