There is a common misconception that people in their golden years are basically lounging around and spending their retirement money on vacations and gift for the grandkids. Nothing could be further from the truth. People in retirement long to be just as productive and driven as those considered working age. Some would also like to help their children or grandchildren with the expenses and/or pay for college. Sadly, not many options are available for seniors looking to supplement their income.
For that very reason, listed below for you are 20 creative ways in which you can earn income during retirement:
1. Rent Out Your Empty Rooms
If you have some space in your home, like a spare room or two, you might want to consider turning your house into an Airbnb Inn. You can charge travelers and tourists alike by day, week, or month depending on your preference. You can also set your own rates depending on the location, comfort, and amenities you can provide.
2. Rent Out Your Parking Space
Platforms like Parking Panda (Available in select US Cities) allow you to rent out any extra parking space you might have for car owners in need. This is an innovative way to earn passive income with the unused space in your property.
3. Rent Out Your Gadgets and Electronics
The electronics and gadgets around the house are assets that don’t often utilize their fullest potential. Luckily, websites like Zilok (available in the US and Europe) allow you to rent them out to people within the area. This paves the way for the unused items collecting dust in the basement to become viable income sources. The website also lets you earn from referring a person without a gadget to another person who has the gadget available for rent.
4. Rent Your Car
If you have a car that you don’t use very often or say you intend to go on a vacation abroad, leaving your vehicle unused for extended periods of time – then websites like Getaround and RelayRides allow you to earn some income on the side by letting you rent out your car. There’s always someone in need of a vehicle willing to rent one by the hour or daily. If you have the ability to meet that need, then capitalize on it.
5. Sell Handmade Products Online
Create your own store on Etsy and begin a small business selling your hand-crafted goods. Selling the products you make is an easy way to turn a simple hobby into a profitable enterprise. Opening a business might seem daunting, but know that the internet is a big place. There is always a market out there for whatever you have to sell.
6. Sell Custom Products Online
Café Press or Zazzle are websites that let you upload your own images, graphics, and art while featuring products of your choice. You can either open your own niche store or participate in affiliate marketing programs and promote others’ products for a fee.
7. Sell Your Skills Online
Fiverr and Upwork are online platforms that allow you to showcase your skills at a good and reasonable price. Whether it be graphic design, voiceovers, video or written content creation, etc. – if you have a skill that you can do well enough, there will probably be someone willing to pay you good money for it.
8. Sell Stuff on eBay
Ebay’s purpose extends beyond simply clearing out the junk from your garage. The online market also allows you to create your own shop and sell a product regularly.
9. Get Paid To Write
If you have a good mastery of the English language and a passion for writing, consider becoming a freelance writer. There are various copywriting websites like London Brokers, Copify, or Indeed. You can also bid for creative projects on Upwork though it may take some time to get a foot in the highly competitive platform.
Note that there are people who do this for a living, and you don’t really have to be a professional to begin earning. Some dedicated writers managed to build very successful online writing careers doing nothing but writing from their own homes’ comfort.
10. Become a Freelance Tutor
Students all around the world are searching for tutors to supplement their education. It would be best that you are knowledgeable about what you’re teaching, but a degree in the subject is not a requirement. Note that teaching English is a highly lucrative online teaching job since many individuals worldwide are looking to learn that language.
11. Write Songs Online
No matter the genre, if you have a knack for music and composition, you can create and license it online, where it can be used and paid for by content creators. Your songs might be used as background music for Youtube videos, blog posts, and commercials – paying you royalties with every use.
12. Consider Blogging
Related to number 9, bloggers write about what they want instead of what is commissioned. Many bloggers earn very handsomely from what they do, and so can you. You’d have to settle first on the particular niche you wish to write about and publish content regularly. That being said, blogging takes time and effort before it becomes a viable source of income. Numerous sites like WordPress and Blogger allow you to create your first blog site for free.
13. Try Contract Consulting
This might be related to number 7 in a way, but Contract Consulting is very much an industry in its own right. If you have any work experience in the corporate or financial sector: search online for job listings looking for a contract consultant. The work will likely be home-based, the contract might run for as much as 6 months, and your role will be somewhat like that of an advisor.
14. Take Online Surveys
You can actually earn money by taking surveys with sites like Cash Crate. Essentially, you’d be paid for product testing, taking surveys for research, and even forgetting someone else to take the surveys too.
15. Become an International Housesitter
There are numerous housesitting websites active online that you can utilize to get started. This option allows you to visit other countries for free and be paid to take care of other people’s houses while they’re away. You’ll be in charge of the cleaning and upkeep of the property when you’re housesitting, and meals are usually also paid for by the clients.
16. Try Pet Sitting
People love their pets and, when they decide to go on vacation, one of their main concerns is finding someone to care for them. As a pet sitter, your job would be to put those concerns at ease by taking good care of their furry companions either in your own home or the home of the owner as a pet and house sitter as well.
17. Become a Mystery Shopper
A mystery shopper’s role is fun and simple: a business will pay you to shop at the store of the competitor to see where they are in terms of customer satisfaction. The business will then use your feedback to tweak its operations to stay ahead of the competition. This means you get to shop for free and get paid to do it. Look up some of the Mystery Shopping websites out there but keep in mind that not all are legitimate.
18. Become a Local Guide
If you know your location like the back of your hand, including its history and cultural significance, put that knowledge into good use and become a local guide. Take tourists or groups of students around and show them the sights and sounds of your area while also providing education on their importance to you or the community as a whole. This earns you income and increases tourism, and promotes the flourishing of the community’s businesses.
19. Look for Work in National Parks
Many national parks hire retirement-age individuals as guides and ambassadors to get the youth into environmental protection. If you’re an outdoorsy kind of person and wish to impart some of it to the next generation, consider looking for opportunities in the nearest national park.
20. Become a Grandma for Rent
Sites like Rent a Grandma give older women a platform to rent their services out to families in need of their wisdom and care. The job descriptions vary depending on your preference, but it’s also a great opportunity to see the world and be around a family that needs a seasoned mind for guidance.
There is no shortage of ways for you to earn money and/or augment your income. The possibilities are endless, and age should not get in the way of you fulfilling your ambition. All you need is to do it because the only action can create change in your life. Be brave in your later years because if you did the same thing tomorrow, what you did today, nothing will change. Muster up all the persistence and perseverance you can.
If you need further convincing that digital marketing is right for your business, get in touch with us. At Crucial Constructs, We’re willing to listen to you and answer your questions. Contact us today!
“Marketing is really just about sharing your passion.” -Michael Hyatt
“Focus on the present. It’s the best gift you can give yourself.” -Carrie Kerpen.
“The cost of being wrong is less than the cost of doing nothing.” -Seth Godin
RELATED VIDEO PROGRAMS
HOW TO EARN SIX FIGURES – SIX FIGURE SUCCESS ACADEMY
RELATED TRAINING PROGRAM
Crucial Constructs Academy Overview
- The Essential Shopify Checklist For Set Up & Launch
- How To Create Draft Orders
- Learn How Partnering With Experts In Any Niche And Leveraging The “Power Of Influencers”
Top Tips You Need to Start Your Online Business
At this moment in time, Jeff Bezos remains the richest man in the world, with his net worth assessed at nearly $200 billion. There is one fact that you might not know, he did not start his empire in Silicon Valley, but rather in his basement. Grasping the importance of technological advances, businesses now shift their focus to e-commerce. Online sales are no longer new, and they do make a good start.
The competition is even more fierce, now that people need no brick-and-mortar store to sell, so you had better be well prepared.
If you try searching “how to start an online business successfully,” you will see hundreds of millions of Google results. Google’s algorithms certainly include a volume of irrelevant suggestions, but the first few pages already serve to answer your question. Now, the main problem is, do you want to scrape through 50 or 60 web pages to do thorough research for useful information?
The common misconception we often have is that the top Google results are the most credible. That assumption is only partly true, as businesses utilize their blog posts to get money. Therefore, they invest in their marketing strategies and search engine optimizations. Also, websites with higher traffic stand higher in search result pages. Popularity never stays equal to truth.
As you scroll up and down and read tons of new concepts and tips, you may get lost and unable to differentiate what is right or misleading. A lack of knowledge from the start guarantees a bitter end. Hence, you should find a mentor or a trainer from the beginning to draw out the strategies for opening and managing your online business.
It takes effort to do online businesses, so do not let those “get rich fast” people waste your time and money. Conveniently, we have reduced the hard work for you by summarizing the prospects you need to head for.
The hardest part is always the start. With courage and perseverance, you will make the change in your life. Step up and take some action!
ADDITIONAL BONUS RESOURCES
Now available for download is our Critical Constructs ebook Library of key resources available for download now, today -immediately. These are books we produced for various training purposes over the years that we have now made available to you, all free to our readers, members and customers, as our mission is to provide you with the information you need to succeed in achieving your dreams.
You will not need all of these today, as you will most likely only need the ones related to the business model you decide on but you will have these handy should you need to use them to research specific areas that you need to understand. So we don’t expect everyone to need these items all at once but it is important to have the library handy and available as you need it.
The following books are in the library as of this writing but we are adding more all the time so there may even be some new ones that you may not be listed here.
These include Special Reports, ebooks, Ultimate Guides, and checklists. They are usually in pdf format so that they can be viewed on any device.
1. Building the Perfect Sales Funnel
2. Business Branding
3. Creating Your First eCommerce Website
4. Facebook Marketing Mania
5. Essential Guide to Sales Funnels
6. Newbies Guide to Setting Up a Sales Funnel
7. The Quintessential Guide to Marketing Ads
8. 21 Income Streams
9. 99 New Small Business Ideas
10. 220 Success Principles
Market Timing as an Active Investment Strategy Does Work to Improve Your Returns
Our Special Report on Market Timing includes 10 sections about how savvy investors use Trend Investing and Market Timing to vastly improve their returns. This report does not show you the step-by-step system but it explains what Market Timing is, and how when it is combined with Trend Following, Trend Trading, and Trend Timing you can vastly improve your returns.
You will learn
- Reasons Why you need to Adopt A Market Trend Timing System
- How a Market Trend Investment Strategy will allow you to Retire Years Earlier than you think you can
- How Money Management Strategies are important for long term success
- And you will get a little advice from the Father of Trend Following Systems
If you would like a copy of this Special Report as well as our Special Report on Trend Following Strategies please fill out the request below and we will send you a pick-up link along with some other strategies to know and understand before you select.