More Ways to Make Extra Cash in Retirement

 When you retire, you want to be able to fill your time doing all those things you were unable to do because you worked.  Unfortunately, the reality is that doing most things today will cost you money.  As a retiree, you may not have a lot of extra cash just laying around to spend.  This is true if all you have to live on is Social Security.

So, here are some more ways you can use to make a little bit extra each month.

The first thing to think about is what expertise do you have to offer others.  Most of us have spend years working in specific fields. The question then becomes "How to turn that experience into an opportunity to make extra cash?"

Let's say you were in sales.  Maybe you worked 20 years as a buyer for department stores.  Surely you have expertise in this area and could use it to present yourself as a coach or consultant for companies just starting out.

Maybe you were a nurse for 25 years.  I know that you have tons of expertise that you should be able to channel into extra money if you think about it.  It just takes time to list areas you are very competent in and then think outside the box to come up with ideas for making extra money.

This post was the first one where we explored side hustles, but maybe it did not give enough information.  So here is another post with more detailed ideas for you to think about.

Freelance Writing:

We talked about freelance writing before, but if writing is something you excel at and you enjoy, try your hand at offering to write blog posts about various topics to others, or maybe sell your writing as PLR (Private Label Rights). You could actually be writing about everything under the sun and then sell each article as PLR.  You would be surprised at how many people will purchase PLR if it is good and well written. Here are some examples of places that sell such items: 

1. https://alextucker.ca/plr-websites/
2. https://h-educate.com/18-best-plr-websites/
3. https://www.waytochanges.com/best-plr-websites/  

And if you need more information about PLR and what it is, here are a few sites to check out:

1. https://blog.coursify.me/en/what-are-private-label-rights-plr/ 
2. https://www.thomasnet.com/articles/other/what-are-private-label-rights-plr-and-how-are-they-used/ 
3. https://goldcityventures.com/how-to-make-money-with-plr-products/

Bookkeeping:

Maybe you spent 30 years doing the books for your company, or keeping track of expenses for yourself and others in your company.  You have so much expertise to offer and you can make good money using it.  Bookkeeping is in high demand by small businesses and businesses just starting out. 

Here are a few examples of people who offer these types of services:

1. https://bench.co/blog/bookkeeping/bookkeeping-basics/
2. https://1800accountant.com/services/bookkeeping
3. https://pilot.com/bookkeeping

These are just examples to show that there is money to be made using that expertise.

Teaching and Tutoring:

Maybe you were a teacher for 30 years; you have much to offer others.  ESL tutoring is in great demand especially for children. Here are some links to show you how to get started and what you can make:

1. 
   https://teach.com/careers/become-a-teacher/where-can-i-teach/teach-online/ 
2. https://www.goabroad.com/articles/teach-abroad/best-paid-online-teaching-jobs 
3. https://www.oberlo.com/blog/online-teaching 
4. https://www.udemy.com/teaching/ 

Virtual Assistant:

Maybe you were a executive secretary for your entire work life.  You definitely have the expertise to be a Virtual Assistant. VA's are very much in demand and the pay is excellent. Check out these links to see what I mean:

1.  https://www.upwork.com/nx/jobs/search/ 
2. https://www.fiverr.com/categories/business/virtual-assistant-services 
3. https://www.simplyhired.com/search?q=virtual+assistant

User Testing:

Anyone who uses a computer in any manner is able to be a User Tester.  What do you do in that job?  This is where you are hired to visit sites online and see if what they say matches with what you get.  It is like being a quality control for the internet.  People do this and make extra money all the time and this is a very active job type.  Here are some links to check out if this may interest you:

1. https://www.usertesting.com/get-paid-to-test 
2. https://www.softwaretestinghelp.com/usertesting-review/ 
3. https://www.udemy.com/course/easiest-side-hustle-to-earn-cash-from-user-testing/ 
4. https://www.gobankingrates.com/money/side-gigs/user-testing-jobs/ 

This is just a few of the things you can consider as a means to add to your retirement income.  These are jobs you do from your home and you are able to pick and choose your hours to work.  Being retired should not mean staying home all the time and being bored.  Having extra cash can open opportunities for you to have a good time, travel, or just spend quality time with your family. 

I hope this post has helped you see the possibilities.