Most of us are not lucky enough to pursue a career in something that we love. But many of us keep doing them as a side project while we go about our 9 to 5 jobs. However, after retirement, those very hobbies can become your full-time engagement. What’s more, you can even earn money from those activities. Here we have listed six hobbies that can help you earn quite a good amount of money to not only support your retirement fund but even serve as your savings for that vacation you’ve been dying to go to! Here you go:
If you still have good eyes and no aches and pains on your hands, it means you can spend a considerable amount of your time sewing. If you loved sewing once upon a time, it can still fetch you a lot of money and become a side income for you. There is a huge market for everything hand-made these days. All you need to do is have some brilliant ideas as to how you can use your sewing and embroidery skills to make things. It can be dresses, stoles, quilts, bed sheets, table covers, or whatever you specialize in. Etsy is a great place to sell all things hand-made.
There is a huge demand for writers out there. Depending on the kind of field you fancy, you can get paid handsomely for your work. Freelance work is available in various places, most especially online. Alternatively, you can send your long-form, in-depth articles to magazines or the local paper. Big magazines pay a lot of money for those articles. However, if you do not have any prior experience, getting your article published in a big magazine might be difficult in the beginning. But, tons of online publications pay an equally good amount of money and often there is a constant flow of work which is great for a retirement fund.
Have you been playing the piano since you were a kid? Or have you played professional-level football at some point in your life? Don’t let these qualities go in vain. Revive them again, practice hard, and turn them into a coaching career. Start offering lessons in your local community. Start small and slowly make it a full-time thing depending on how much time you want to spend on it. Doing something that you love to do and earning money from that can be hugely satisfying.
Woodwork or carpentry might have been something you did often on the side just to save some money, but if you are really good at it, consider doing it again more seriously this time. Set up a shop in your garage or any free space in your house and start working. Having a carpenter in the neighborhood might be helpful for several people and soon, you might get a number of projects.
Coin collecting used to be a very popular hobby once. If you had this hobby back then, did you know you can make some money from it now? Now you can sell some of your collection online either on E-bay or through your own store. Add to it stamps or paper money as well. If you have some unique and prized collection, soon you will be making a lot of money, thanks to your old hobby.
If you were a car aficionado and loved restoring old cars back in the day, you have ample scope of work. Restoring vintage cars can fetch loads of money. You can either get associated with a garage that does similar work once they are convinced of your superb skills, or open your own garage with some money from your retirement fund. Restoring classic cars can give you a good income without investing big and also give you the satisfaction of creating something beautiful out of an old and broken thing.
Look at retirement like a new phase in your life where you are more confident, have impressive bank accounts, and have all the time in the world. If that sounds too good to be true, you know you are lucky to be there. Just don’t waste your time sitting at home which would be terrible for both your body and mind. Keep working just for the sake of working and even having fun!