Jacob puts hobbies into three categories:

1. Expense creating
2. Free or self-funding
3. Income creating

I add the idea of considering a hobby that also involves personal development: building broadly applicable life skills, one of the most satisfying activities that I know of out there.

Original article at http://earlyretirementextreme.com/day-5-find-a-free-hobb.html A list of income earning hobbies from the same website: http://earlyretirementextreme.com/incomplete-list-of-hobbies-that-could-earn-money.html

A more detailed discussion of the ERE philosophy at http://valiantgrowth.com/e30

Get Early Retirement Extreme The Book at http://valiantgrowth.com/ere

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