I’m a tax consultant, so I see a lot of people’s side hustles.

As other’s here have said, once you monetise a hobby it’s not a fun hobby anymore… just another responsibility.

Take the beads thing for example. Carving some beads to make some cool jewellery sounds like a great hobby, and you could make some really amazing unique gifts for family. However, if you want to make money from it then you need to compete with other etsy vendors - you’ll very quickly find the pieces that sell and then it becomes a question of how many of those pieces you can turn out per hour or per day.

Economically, making money requires time, or skill, or capital. The most appropriate will be a mix of all three that fits your circumstances. As a “side hustle” you kinda want a little of each rather than a lot of each. Good examples might be:

• window cleaning - for businesses or residences
• gutter cleaning - get one of those telescopic pole thingies with a camera so you don’t actually need to go on anyones roof
• lawn mowing - just a few customers in your street

These things aren’t “hobbies” but they will be a lot more satisfying, enjoyable, and profitable than carving beads.