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Making money during retirement

Retirement is synonymous with the concept of no longer working, but it’s not a bad idea to have a little bit of cash flow to allow for extra expenditures here and there.

Keep reading for a few ideas on how you can earn a pretty penny in your retirement.

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Sell your old items

It can be so easy to accumulate possessions that take up space and simply become dust-collectors, particularly if you have lived in the same residence for many years. What you may not realise is that your unwanted or unused items may hold value for someone else. As they say, one man’s trash is another man’s treasure, so rather than throwing your old items away, why not sell them? Set a date for a garage sale and invite your local community or go online to sell your items on eBay or Gumtree.

Sell your own creations

If you have a creative side and now have the time to really explore your talents, Etsy is a fantastic platform to share your gift with those who appreciate hand-made goods. Etsy is a website where you can buy and sell handmade or vintage items, art and supplies. Whether your talents lie in arts and crafts, jewellery making, pottery, poetry or clothing design, there’s sure to be someone out there who loves what you make and will pay good money for it!

Tutoring

Tutoring can be a very worthwhile and fulfilling way to earn some money on the side as it allows you to tap into your own strengths while connecting with a student. First Tutors Australia is just one of the many websites where you can sign up to be a tutor and help those who may need assistance with study topics such as mathematics, science, English, history or even learning an instrument.

Writing and blogging

Following on from a lifetime of knowledge and experiences, blogging can be a great way to share your wisdom and advice on a broader scale. Nothing is off limits and due to the online nature of blogging, you can do it from anywhere in the world. You can earn money from blogging by seeking out opportunities to contribute to existing blogs or even by creating your own blog. From here you can charge for advertising, brand shout-outs or product reviews.

It’s important to enjoy your retirement, so always choose to engage in something that you love or are passionate about – think of it as a profitable hobby. You’re never too old to pursue a talent or goal and if you can generate some income from it, even better!


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