Being a sports fan can be expensive.
Between cable subscriptions, ticket fees, and jerseys, you’re likely to spend a considerable amount of your paycheck on your favorite team(s). In fact, according to a recent CNBC report, the average sports fan spends around $664 per year on sports-related purchases. From this, Generation X (those aged 42-56) spend the most money on sports, spend the most, often around $827 annually.
Either way, whether you’re saving up for the newest team jersey or for tickets to attend some of the major sporting events in 2023, you’re likely on the lookout for a way to save money while doing so. Thankfully, there are actually many ways to do this – that don’t require you to spend hours scouring the internet for discount codes. For example, you could find a way to make money from your love of sports!
With that in mind, here are some top tips that you can use to do exactly that.
Sell & Trade Sports Cards
Each year, more and more people choose to get involved in the world of sports card collecting. As a result, this hobby can quickly become lucrative should you *literally* play your cards right. For example, you can make a considerable amount of money by learning how to trade these cards, ensuring you get the best deal each time. Find out more about these ventures (and learn from an expert in the field) at Kevin Burge Sports Cards.
Start Your Own Business
If your passion is paired with an entrepreneurial edge, then you may well be able to turn your love of sports into a business. Knowing you’re heading to a job you’ll love will make every aspect of your professional life easier, from crowded commutes to the dreaded morning alive. Again, there are many opportunities to consider here. For example, you could start a business that sells sporting apparel or work to become a personal trainer.
Place Your Bets
Learning how to bet on sports is another great way to make money while participating in your hobbies, though this does come with an element of risk. As such, you should endeavor never to bet more than you can afford to lose, as this will help you avoid landing in a difficult financial situation in the future.
Start a Podcast
Sporting Podcasts are becoming gradually more and more popular. While figures vary from sport to sport, a recent study has found that “roughly a third of basketball fans (32 percent) in the United States are most likely to listen to podcasts at least once a week.” As such, there is a clear space in the market where sports fans can turn their passion into profit. While this will begin as a project you won’t make any money from, as you begin to build up your followers and listeners, you can begin to collaborate with companies looking to place an ad in your podcast. Partnering with the right companies and producing quality content will also give you real leverage within the industry, meaning you can quickly become a pro podcaster.
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