With fish swallowing hooks, getting hung up in timber and breaking off (losing tackle) and everything else that happens when you are fishing that causes you to lose gear, this can get expensive really quickly. Often times sponge hooks or dip worms can cost as much as a dollar a piece and sponge hooks can run anywhere from two dollars or more for a package of just a few.
I have discovered a way to make your own sponge hooks for catfishing with dip baits and sponge baits that will save you a ton of money and the best part is they work better than anything you can buy or find at a store. They involve a sponge that you might not have ever heard about but you can get them many places and if not can certainly buy them online.
This video contains step by step instructions on how to make your own sponge hooks for catfishing.