Hello again everyone!
One of the areas where I see people spend a lot of their hard earned money is on their hobbies. An example of this is my cousin who is very keen on building and racing model boats. His hobby eats up a huge amount of his savings. Today I want you to think about your hobby, and think about how much you spend on it.
My personal hobby is playing guitar. Over around 6 years I have spent approximately $2500 on products to fuel my hobby. I know people who spend a lot more than what I have spent.
A good hobby is one that you enjoy, and doesn't cost you a fortune. An excellent hobby is one that earns you money back. If crafting/scrapbooking is your hobby, there is potential for you to sell what you make. If I wanted to, I could join a band and play at weddings or at bars to earn back a little bit of money. The possibilities are endless.
I just want you to really think about what it is you love doing, and try and establish ways for you to save money while doing, and if you are really good, you can use your hobby to earn you money.