I was talking with a senior citizen friend of mine the other day about how he manages to live off what seemed to be a meager pension. But I was to be amazed. It seems that my old chum Jack is a lot more entrepreneurial than I’d given him credit for. It seems that he has his finger in many pies. Quickly, others joined in our conversation, and before we knew it we had ourselves a fully blown brainstorm session, of people primarily over 60, giving mostly tried and tested ways to earn money after retirement.
Not one to miss an opportunity, out came my pencil and paper, and after further research, here is my definitive list of 50 great ways to top up your pension. Fifty is a big list, so for ease, I’ve broken them down into 5 separate posts of ten. To start, here’s top tips 1 to 10. Look out for 11 to 20, 21 to 30, 31 to 40 and 41 to 50 over the next fours posts.
So here goes with top tips one to ten:
1. Rent out your spare rooms
With the proliforation of room renting services like Airbnb, many retirees are using such services to make the most of unused rooms in the home. Options include renting for one night, a week or even a month. So when you’re town or city next hosts a popular event, you can cash in.
2. Join Rent-a-Grandma
Ever thought about becoming a mature carer? Yes, there is a demand for such services. You can sign up to the Rent a Grandma website and find and get offered appropriate local care jobs for children, the elderly, personal tutoring, personal assistance, and more.
3. Fancy house sitting – around the world!
Do you enjoy travel and going to new places? Thousands of people are being paid to do exactly that through house sitting websites. Check out this comprehensive guide book to find out how you can be paid to stay, rent-free, at a number of fantastic places around the world.
4. Sell your photographs
Are you into photography? Then why not sell your digital photos on websites like iStock, Shutterstock and Alamy… to name a few. Here’s a list of 15 websites where you can submit and get paid for your photos.
5. Become an affiliate marketer
Why not promote other people’s products online and get paid for each successful referral? Learn everything you need to know and get all the tools to do it – including a website – free at Wealthy Affiliate.
6. Become a copywriter
If you enjoy writing, then this one is for you. You may not have been a journalist or a book writer, but don’t let that hold you back as these are not pre-requisites for writing good content. Get paid for writing copy at websites like Upwork, London Brokers, iWriter, Copify and London Brokers – the latter offering tutorials too.
7. Sell arts and crafts online
Ever thought about having your own Etsy store? The so-called micro business era is now truly upon us with people cashing in on selling all kinds of arts and crafts on Etsy.
8. Become a freelance tutor
Students from foreign countries are often looking for mentoring services from freelance tutors of particular subjects. Now with the power of the internet this can now be done online using services like Chegg. Here, clearly experience in a given subject is required, though formal qualifications are not always necessary.
9. Fancy becoming a mystery shopper?
How about going shopping and getting paid for it? yes, this job does exist! Many companies pay mystery shoppers to visit their store in return for honest feedback on the service they received. Check out the Marketforce and GFK websites.
10. Sell stuff on Ebay
These days Ebay is not just an online auction site – it’s a global marketplace for just about anything – new and secondhand. If you have a product to sell, then Ebay has an online e-commerce platform to help you reach a worldwide audience. You can even set up your own Ebay shop.
So there you have it. Ten really top tips to boost your retirement fund. As always, if you have any questions, please do leave them in the comments below.
But hey, that’s not it by a long way. Watch out for my next top ten tips – 11 to 50 – over the next few days. For ease, I’ll be adding a convenient link here. 🙂