Now that you can relax on your own time every day, you may have taken this opportunity to pick up hobbies, both old and new. It’s important to keep your mind active! Why not use your newfound free time to make a little extra pocket money? Stay engaged and fill your days with these underrated ways to make extra cash in retirement.
Rent Out Space
If your kids have left the nest, you probably have a spare room or two. A spare bedroom and bathroom can turn into easy money for you if you go the landlord route. Even garage space is valuable to many folks with extra furniture or possessions.
You spent your professional life building and honing a set of skills that’s still valuable. Dip your toe back into that work while creating your own schedule by picking up freelance work in your field. Freelance writing is a popular side gig, and it’ll allow you to write in your niche for the clients you select.
Start a Business
With your years of valuable experience, you’ve probably noticed a number of niches that need filling. Have you ever had the perfect idea to fill that niche but no time to start that venture? Go for it now! There are many perks to starting a business in retirement; it gives you something to do with your time and keeps your mind in top condition.
Care for Others
Younger parents could always use a little help watching their kids. Busy pet owners may need somebody to walk their dogs once in a while. Tap into your helpful and nurturing spirit by offering yourself as a babysitter or pet-sitter. You’ll enjoy the company of others, be they human or animal, while making a little extra pocket money.
Sell Your Wares
Whether you make cozy blankets or harvest your own fruits and vegetables, take them to market. Look up craft shows in your area, and check out the farmer’s market during the summer. Your hobbies can turn into income for you and smiles for your customers! Make use of your talents and spread the joy they give you.
Settle into your retirement years without settling into total inertia! Put down the TV remote and pick up the skills and hobbies you’ve spent your life improving. These underrated ways to make extra cash in retirement will keep your mind limber and bring joy to you and others.