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Retirement Income

3 great ways to make money after you retire

Online marketplaces are only growing – and mobile apps on smartphones are making it easier to tap into ways to use them and line your pockets with a little extra cash on the side.

If you have spare time and can price your skills right, you could turn simple things your knack for grammar and attention to fine detail into getting paid to edit someone’s resume for them, or perhaps rent our your spare room while you’re on vacation.

1. Take a simple task from Airtasker and get paid for it

Is there something you can do that another person might not have time or skills to do themselves? Sometimes they do, and just don’t have the inclination – but they do have cash. On AirTasker you can sign up to bid on tasks others post on the site. The quicker you are to respond, the higher chance you’ll get the job.

Jobs you might find here are things like – cleaning a flat, fixing someone’s resume, assembling IKEA furniture and more. 

2. Rent out your home on Airbnb

If you have a spare room, you might want to consider listing it on AirBnB – it won’t take more than an hour or two if you have a digital camera, or a smartphone.

Decide how much you’ll charge per night (Airbnb will take three per cent of your earnings) and give your first couple of visitors a discount so they’ll review you well. You will need to declare your earnings at the end of the financial year, but since it doesn’t take much to set up your home with some fresh towels and clean sheets, it’s certainly a handy way to pocket some cash.

3. Use your ute

Someone is always looking for someone with a ute that they can talk into helping them move a few items in and out of their home. The good news is that through MeeMeep you can quote how much you’ll lend your wheels out for on advertised jobs. Some of these might be eBay buyers who just want to pick up a fridge or other goods they can’t fit in their car boot. 

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retirement, finance, money, super, retirement income, Nicole Reddy