Technology: Money-making ideas for retirees - PressFrom - Canada
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TechnologyMoney-making ideas for retirees

20:06  15 may  2019
20:06  15 may  2019 Source:   lovemoney.com

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Need to make some extra cash in retirement ? We explore seven hassle-free ways to do so. Enjoying retirement but looking to top up your savings? With many of us now living longer, retirement can stretch for 20 years or more, meaning that our money has to work even harder for us.

The first of the money making ideas for retirees is paid surveys. Paid surveys have been around for a long time and represent easy ways to earn money after retirement . You can take the surveys from the convenience of your favorite sofa, your bed or a comfortable chair at the kitchen table.

Money-making ideas for retirees© Provided by Love Incorporated (Love Money)

Enjoying retirement but looking to top up your savings?

There are many ways to do so and stay active in retirement.

With many of us now living longer, retirement can stretch for 20 years or more, meaning that our money has to work even harder for us.

Obviously you will have to check the tax implications of doing so but, as long as you stay within the rules, you can still supplement your retirement income with these money-making ideas.

Your old job, part-time

Missing your former career? Why not go back to it part-time?

If you’re still fit and healthy enough to do so, why not contact your former employer or other companies in the same sector to see if they are interested in hiring you back for fewer hours.

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65+ insanely practical hobbies that make money. Discover new and fun ways you can earn more money while having fun. Hobbies are meant to be enjoyed. And in many cases, turning a hobby into a money - making hobby can certainly enhance the enjoyment level.

Looking for new money making ideas that'll score you some extra cash? Check out these 10 best ways to make extra money on the side in 2019. Looking for new money making ideas that’ll score you a little extra cash this year? We’ve got them. Forget deciding between Thirty-One, Scentsy or

It may be possible to work as a consultant for a few hours a week or on a freelance basis to give you flexibility.

Just make sure that it doesn’t adversely affect your pension or tax status.

Turn a hobby into a business

Have a talent for something? Always wanted to turn it into a career? Then why not take the opportunity to do so now?

Many retirees prefer to do something new instead of going back to their old job.

You could train as a driving instructor, masseur, beautician or even a counselor – something that you can easily do from home and that fits around your other interests.

Money-making ideas for retirees© Provided by Love Incorporated (Love Money) Working in a shop (Image: Shutterstock) Working in a store

You could also consider a position in retail.

Many supermarkets and other chains offer flexible shift patterns and the ability to work part-time.

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Best Ideas to Make Some Extra Money . Everyone has at least one skill they can earn money with. What is yours? Maybe you still need to figure it out. Here are a variety of skills you can consider. Pick one (or two) and start making money today. Once you start, it’s hard to stop!

Volunteering as retiree helps you travel and experience different countries for cheap. Make Good Budget. This goes without saying that drawing astute household budgeting helps Saving money as retiree is very important. As your age advances, options of finding more money reduce exponentially.

Unlike a home-based business, you’ll be getting out of the house and will benefit from socializing with other people, as well as having extra cash in your pocket.

However, you may need to be physically fit, especially if the work involves standing on your feet in-store for several hours a day or delivering groceries.

Money-making ideas for retirees© Andrew Harrer/Bloomberg/Getty Images Rent out a room

If you don’t like the idea of a return to the world of work quite yet, there are still other ways to generate extra income.

If you’ve got a spare room going free and would enjoy the company, why not rent out a room to a paying guest?

If you live near a big city you might find a roomie who only wants a crash pad during the week when he or she is working, meaning you get the place back to yourself at the weekends.

Or, if you don’t like the idea of having someone else in your home overnight, you could hire out a room during the day for business purposes.

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Can you really make money from blogging? For a great example of how you can start your own relocation tours, check out how retiree Jackie Lange has been doing it for two years in Panama. If you have a graphic design background Creative Overflow has ten ideas for making extra money .

Start by marking “ Money Making Ideas for Retirees ” as Want to Read Read. Money Making Ideas for by Ronald J. Cooke. Other editions.

You may, for example, find that local entrepreneurs need cheap, flexible office space or simply an ‘inspirational place to think’, while websites such as Vrumi and Beewake enable owners to rent out their room space easily.

Alternatively, if you live near a station and have a driveway, you could hire out a parking space to commuters.

What’s more, if your home is in a popular holiday destination you could also rent it out via a website such as Airbnb when you are yourself away.

Money-making ideas for retirees© Provided by Love Incorporated (Love Money) Dog walking (Image: Shutterstock) Dog walking or pet sitting

Like animals and want to keep active in retirement? Why not become a dog walker or pet sitter?

You can keep it low key and just take on a few clients, working around your existing commitments.

The fact that most clients will want their dogs walked at the same times during the week should help generate regular income.

If you don’t relish handling wayward German shepherds or Rottweilers, you could look after smaller pets, such as cats, guinea pigs or rabbits in people’s homes.

Many people now prefer to have their animals cared for in a familiar environment by a pet sitter who pops in, tops up the food and makes a fuss of them, rather than putting their small pets in kennels or a cattery.

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Many retirees love spending time on their hobbies; some people are even able to turn their hobbies into sources of income by selling their crafts and services online. Volunteer work may not pay as much as the other money - making options for retirees on this list.

If those money making ideas above aren’t your cup of tea, then perhaps consider giving illustrating a shot. Custom cartoon and comic characters can fetch a pretty penny due to the amount of creativity involved. When it comes to money making ideas , remote jobs are king.

That said, you will most likely need insurance, especially if you are holding clients’ keys, and it’s also wise to undertake some pet first aid training.

Online seller

Adept at finding a bargain in thrift shops and yard/car boot sales? Got a loft full of your finds?

Why not become a part-time dealer and sell your wares on eBay or one of the other myriad websites enabling people to set up shop online?

Local Facebook selling sites can also be a good alternative as, unlike eBay, they often don’t charge selling fees.

If you have a talent for arts and crafts, such as making jewelry or other items, you could sell these on websites such as Etsy.

Make sure that you charge enough for your items, however.

A good rule of thumb is to work out the production cost – materials plus labor – and multiply this figure by at least two, as well as researching what the competition is charging.

Money-making ideas for retirees© Provided by Love Incorporated (Love Money) Handyman (image: Shutterstock) Put your DIY skills to good use

Good at fixing things around the home and still in good health? Why not set up as a local handyman or woman?

If you’ve already got the necessary tools, your start-up costs are likely to be low and you can work from home, although you may need a vehicle to transport your tools.

What’s more, if you’ve lived in the area for a while and know lots of people, you may already have a set of potential customers you could tap into with a little marketing.

It’s vital to get insurance in case of an accident and, if necessary, it might also be worth doing some training courses to refresh your skills.

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