Percentage of respondents: 17.2%
Of course, if your hobby is putting money in your savings account, this won’t apply to you. But, for the vast majority of Americans, their hobbies are likely eating up a chunk of their disposable income — or, at the very least, their time. Setting aside a beloved hobby is never easy, but if it means saving money and potentially having more time to invest in other areas, it could be a key step to reaching millionaire status faster.
That said, a singular focus on your career or finances isn’t a healthy choice for most people. If dropping your hobby leaves you uninspired at work or disrupts relationships with important people in your life, the long-term effects could result in reduced earning power and a less happy existence. It’s not surprising that many of the respondents in this survey see their hobbies as too important to let go.
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