Yes, everyone can do with an inexpensive hobby. If you are young or socially inclined, choose one in which you can meet others with the same interest.
How does this save money?
It’s about spending less by gaining more. If you are not doing something enjoyable and profitable – playing a sport, joining a book club, learning a skill and meeting people etc., – you are likely going to spend time on much more expensive pursuits: drinking, smoking, shopping, filling in time…and missing out on a lot as well. A vicious circle.
The most successful people I know are out there doing things that cost a lot less that making the publican or local fashion retailers rich!
This is a life-long commitment to be more of a doer than a don’ter.
Don’ters consume more!