What’s your favorite hobby?
You probably think of reading books, writing an essay, playing tennis, painting, or other creative pursuits.
But did you know that there are people who spend thousands of dollars on their hobbies?
They are so into these pastimes, you’ll be amazed at how much of their time, effort, heart, and budget go into these forms of recreation.
Are you interested in knowing what these expensive hobbies are and why there are people who are willing to invest that much money in them?
If you are, keep reading and grab a snack (chips perhaps… or a salad or just a cold brew coffee) because I am about to share the tea with you.
Here are the six expensive hobbies only rich people can afford.
1. Sailing a Yacht
Some people want to take a break from traveling on land and embark on a journey, where they buy expensive yachts and sail the sea.
If you’re the type of person who loves the ocean, and yachts and sailing sound interesting to you, you might want this as your hobby.
You can look for yacht clubs that are present in your area to get you started with others. Yacht club members usually cruise or race together, and you get the advantage of enjoying the club amenities and socializing with your fellow sailors.
The yacht can be really expensive, ranging from $500,000 to $10,000,000 depending on the size, year, and model. There are also entry-level yachts which can cost $100,000.
Are you worried about having no experience in sailing yachts?
Some people think they can’t boat because they don’t understand how to utilize or maintain one. But even those with the most basic skill levels can learn because of the vast amount of information available to beginner yachting enthusiasts.
You can take advantage of the beauty of the sea once you own a boat or a yacht.
With its awe-inspiring scenery, tranquility, warm breeze, and a chance to take a break from the stress of work or life in general, yachting is a relaxing hobby that takes you to another world.
The shift from busy streets and noisy highways to golden sunsets over the wide blue sea can give you an exhilarating feeling and relieve your mind of any kind of negativity.
Remote-controlled aeroplanes or RC planes can cost as much as $500. Depending on what materials you are going to use the cost can be higher or lower, but if you want it to be of great quality you definitely need to prepare that cash, because it won’t be cheap.
Building an RC plane can be pretty technical, though, because putting each part together requires time, creativity, effort, and knowledge.
However, once every piece is connected and put together, it will all be worth it as soon as you fly it successfully.
Flying RC planes can be a great pastime if you’re a family man and you want to have some extra quality time with your kids. Or maybe you just want to unwind, create something that is challenging and boost your mood, and take advantage of the good weather.
- Travelling around the world
We want to get the most out of our existence here on Earth, and traveling around the world is probably on our bucket list.
If you’re planning to live out of your suitcase and set foot in the countries that you’ve always dreamed of visiting, this is a suitable hobby for you.
In a span of 1 year, you can spend approximately $20,000 to $30,000 traveling solo.
Happiness theory says that when money is spent on travel, happiness grows over time. However, when money is spent on things, happiness tends to diminish over time.
That is why a lot of people do this, even if it can get really expensive.
This is the part where experience overshadows money because:
- Each place that you go will give you lessons and build memories that you can take with you wherever you go.
- You’ll get exposed to different cultures and traditions, meet new friends, build human connections, discover new foods, and enjoy life in new ways.
In general, traveling can be life-changing. The memories and experiences you gather are worth every penny.
4. Car Racing
Many people like to live life on the edge. As a result, individuals are constantly searching for new sensations, and racing cars is one such hobby that can make you feel like you’re in a movie.
An average formula one car can cost up to $14 million! Insane right? But this hobby can be pretty cool; I mean, just think of the Fast and Furious movies and you’ll know what I mean.
If you’re thinking of diving into this hobby, research says less than 1% of all potential racers make it as a pro. The number of those who get paid to drive is even smaller.
But a hobby is something that you do out of love and passion. It is something that makes you feel happy and fulfilled just by being able to do it.
So go and race to your heart’s content.
It doesn’t matter how good you are, just enjoy the ride.
5. Scuba Diving
If you want to take a break from living on the surface of the Earth and explore underwater life, this hobby might fit you.
The wonders of the sea will always be astonishing. The breathtaking underwater scenery is something that you can never get enough of, and it will make you want to come back for more.
It’s such a blissful experience to have the magical sea creatures swim with you, explore underwater caves, visit isolated islands and meet fellow divers.
When nature is putting on a spine-tingling performance and you are right there on the stage, distractions fall away and you become immersed in appreciating the beauty of the sea.
Scuba diving can be really expensive; just getting a diving certification can cost you between $400 and $1,200, and diving gear can run from $700 to $2000.
So if you’re really into water sports and you’re determined enough to engage in this hobby 10-20 times a year, you need to be prepared for the necessary expense.
It can cost a lot, but the life experience you’ll get out of it is worth it.
- Luxury Car Collection
There are those who enjoy operating cars, and then there are those who take pleasure in just being near them. If you have a passion for cars, then it stands to reason that you also enjoy activities relating to cars.
Car hobbyists collect cars not because they want to brag about their wealth, but because, just like collecting antique clocks when you already have a wristwatch and modern wall clocks, they are simply nice things to own and enjoy at one’s leisure.
Millions of dollars are made annually from the profitable hobby of car collecting. People collect sports cars, muscle cars, and rare antique vehicles. A car collection is a really expensive hobby. It might be hard to acquire for some people, and it costs even more to maintain and store the vehicles.
To begin with, investing in this type of hobby requires a great fortune. The price for sports cars ranges from $20,000 to millions of dollars.
If you already have several luxury cars in your collection, you might find it interesting to turn that hobby into a type of investment. Many businessmen open a supercar rental business to squeeze some money out of their cars.
Come to think of it, earning while enjoying these badass cars is not a bad idea; however, you might want to look for a specialist insurer who has the capacity and knowledge to insure your luxury car at competitive rates.
Always do what makes you happy, the way that is right for you.
Have you picked which hobby you are willing to try out or continue pursuing? If yes, you have my all-out support; do what makes you happy because, as the saying goes, you only live once.
Think of it as rewarding yourself for the hard work that enabled you to save up enough money to do the things you choose to explore. Just remember to be mindful of your spending decisions, especially when you have a family to support and other goals in life that you want to achieve.
Did you know that there’s one more hobby that you can engage in that’s not going to hurt your pockets?
You read the right.
If you happen to master anything that was mentioned above, you can share that wisdom by hosting coaching or training events.
Amir Lustig will help you get your guests and students energized, and engaged and turn them into loyalists.
He will bring world-class entertainment to your guests and create a mind-bending experience they will never forget.
Take on this journey and earn extra cash from your hobby.
Want to know more about Amir Lustig? Visit amirlustigasia.com and be astonished.