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Are you retired – or are you planning to quit work soon – and looking for ways to put some extra cash in your pocket?
Your years of hard work and experience can be valuable after you retire. Now you are able to use these skills in new ways or to try something completely different.
Here you will find ideas for your next work phase. Many can be done now. Plan to take advantage of others after the economy returns to normal and the pandemic is over.
Earn Money Back
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Did you know you can get paid to buy things that you would buy anyway? All you have to do is visit a cashback website like Rakuten.
Just open a free account. The next time you shop online, go to Rakuten's website and click on the retailer you want to shop from. This will take you to the retailer's website where you can shop as usual.
Another way to get effectively paid for the purchase is by using a cashback credit card – assuming you can pay off the balance in full each month to avoid interest. Better yet, you can double up on cashback by using a website like Rakuten and a cashback card.
Walk dogs and look after pets
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Now that you're retired, you may have a lot more free time, especially during the day. Use it to help pet owners who work long hours.
Dog walkers make money by walking a few puppies every day. Recovering for exercise and fresh air is good for both you and the dogs.
You can also try pet sitting, which gives you the opportunity to snuggle up with furry friends and make money off of them. After travel has picked up again, the demand for animal care should increase.
Rover is a website that will help you find this type of job. This website is where you can post a profile, connect with people near you who need help with their pets, and make payments online.
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House sitting is another profession that is likely to reappear after the journey returns to normal.
You can make extra money by helping the people in your community when they leave town. House sitters are responsible for chores like watering plants and watching houses while residents are away.
Word of mouth is often enough to get such jobs. But Rover also offers opportunities to connect people looking for a house sitter with those willing to provide the service.
Rent your car or become a driver
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There's a good chance your vehicle will spend more time in the garage or parked on the curb after you retire. However, you can make good use of this vehicle by renting it or by people rolling it around town.
For example, you can rent your car to others through Turo. If you'd rather drive, look for Uber and Lyft.
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There never seems to be enough time in the day to get everything done, especially for people who have a full-time job. If you have a few extra hours a day, you can make money running errands for busy people.
This could mean doing grocery shopping, picking up dry cleaning, or doing any number of other errands.
Connect with these possibilities via Postmates or Shipt.
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Yes, you can get paid to do the shopping. Mystery Shopping allows you to do your own shopping and make money while providing honest feedback to businesses. Again, this can be an opportunity that will have to wait for the economy to fully open again.
Mystery shopping involves eating at a specific restaurant or buying something from a local retailer and answering questions about the experience.
Be aware that in the past, mystery shopping scams have surfaced.
Cooking for others
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The internet enables people who enjoy cooking and baking to reach a large number of potential customers.
Look for websites that bring home cooks together with local residents or travelers looking to enjoy home-cooked meals. We've got the details under "How to Turn Your Love of Cooking into Extra Cash".
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Stuck at home during the pandemic? If you enjoy creative activities like knitting or woodworking, you might find some money from your hobbies.
As? Open an account on an online marketplace for handcrafted goods. For example, Etsy gives you access to millions of potential buyers.
If you're not ready to showcase products online just yet, share your creations with friends and family, or sell them at a local flea market. Personal discussions with buyers will help you decide which of your ideas have potential.
Blog or write
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Make the most of your years of experience by blogging or writing about your area of expertise online. Whether you are an expert in RV travel, doll collecting, or a limited income, you can set up a website, sell ad space, and share your experience and expertise.
Also, look for specific websites that need help writing, editing, and tracking down images and other content.
Landscaping and gardening
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Many people want beautiful gardens and landscapes around their homes, but they may not have the time or energy to create and maintain them.
If you've got a green thumb, you can make money by looking after people's lawns and gardens, and making sure their yards are well-maintained year-round.
Do odd jobs and repairs
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Home repair services are always in great demand. Many people don't know how to do these tasks or don't have the time to do them.
As a retiree, you can put into work all of the tricks and repair tips you've learned over the years while getting paid to do it at the same time. Promote your services on Craigslist, in your local newspaper, or post a notice on notice boards in hardware stores and grocery stores.
Change and repair clothes
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Contrary to popular belief, people still fix their clothes – or want to when they have time. If you can sew on buttons, alter and hem pants, or mend a tear, you may be able to enter that market.
One way to get started: Advertise in Dry Cleaning and Laundry.
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The market for English teachers is persistently strong – strong enough that many people support their travels with teaching appearances around the world.
You can also do the work from the comfort of your home. You will likely need certification or a license and experience. Indeed.com explains how to teach English as a Second Language (ESL).
Lingoda and iTutorGroup bring teachers and students together. Or, find customers on a freelance website like FlexJobs.
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If you have specialist knowledge in a certain area – physics or French, for example – offer tutors in those subjects. There is also a need for people who can easily help children who struggle at school with their homework.
Post a note in the local library offering your tutoring, line up your references, and get the word out about friends and family. Two online tutor placement services are Wyzant and Tutors.com.
Provide customer service
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Do you enjoy chatting on the phone? Many companies hire customer service and sales representatives to work from home. You can sometimes choose the working hours, which is helpful when you want to keep the workload to a minimum.
You usually need a computer, reliable internet access, and a headset and phone to get started.
A solid resource for part-time remote jobs is FlexJobs, which lists positions in a variety of fields.
Take a part-time job
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Retirees have the freedom to explore jobs that intersect with things they know and enjoy.
If you love golf, you might want to apply for a part-time job at the golf course's pro shop. (It might not pay off much, but you will likely get a break on green fees.)
A part-time job in a bookstore or wine store provides a fun place to spend time, meet people, and make money at the same time.
Start a small business
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Retirement can be a good time to start a small business, especially if you've always had an interest in something that you couldn't pursue before. Use your new freedom to pursue a passion you've always thought of.
This can be anything from bread-making to financial planning, as we explore in "21 Hobbies You Can Turn Into a Business".
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If you feel like getting out but protecting yourself from the pandemic, this is a great time to work on your stuff and get rid of clothes, furniture, and other items that you don't use or need. Make some cash and downsize a little at the same time.
There are many outlets for selling things locally. Craigslist is one, as is shipping websites for designer or collectible goods. Bonanza is a place for selling your used possessions. Another is eBay.
For more marketplaces, see Where You Can Sell Your Products For Top Dollars.
Do you participate in surveys
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You can even make money by watching videos and answering questions on sites like Swagbucks and InboxDollars.
Learn more about the survey companies that offer these opportunities in our article on Sites That Pay For Your Opinion.
Rent a room
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As a retiree, you may find that you have an extra room or two in the house, especially if all of the kids have moved out. Make the most of your extra spaces by renting them out. After restarting travel after the pandemic, your entire home may be available while you travel or move to sunnier areas in winter.
You can make additional money by connecting with potential tenants through vacation rental websites such as:
- Vrbo (Abbreviation for "Vacation Rentals by Owner")
Rent your motorhome
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If you happen to own a recreational vehicle, it is likely to be idling some or most of the time. In this case, you can earn income by renting out the RV, much like you would rent your home through Airbnb. One way to get in touch with people who want to vacation in an RV is through RVShare.
“How To Make Serious Money With Your Unused RV” explains how to get started.
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