These Retirement Hobbies Can Make You Money

These Retirement Hobbies Can Make You Money

When most people retire, they will have more free time to spend. Many of them take up new hobbies or spend more time doing activities they love. Popular hobbies for seniors include family history, gardening, photography, cooking, painting or drawing, and fiber arts such as knitting or quilting.

This is how hobbies pay for retirement or generate extra income. © Getty Images Here's how hobbies can pay for retirement or generate extra income.

Some hobbies, like woodworking, can be expensive and require an investment in equipment or supplies. If you're looking to start a new hobby that pays for itself or make money from it, we've compiled a list of the 30 Best Hobbies for Retirement that can do just that.

30. carpentry

Woodworking is a popular hobby for retirees that helps improve hand-eye coordination and dexterity. Many retirees, especially men, set up workshops in basements, garages, or sheds.

If you want to make money from your hobby, consider making some of your favorite wooden items such as toys, hangers, fruit bowls, picture frames, planters, or furniture, then listing them for sale on Craigslist or eBay.

If you have a lot of experience with woodworking machines and tools, you may want to consider a part-time job at a local hardware or hardware store. You can share your knowledge and get a discount on your woodworking supplies.

29. Video games

Playing video games is a retired hobby that is growing in popularity. Playing helps keep your mind sharp, improves hand-eye coordination, and relieves boredom.

Hamako Mori is a 90-year-old Japanese grandmother, also known as Gamer Grandma, who has more than 300,000 followers on her YouTube channel, where she posts videos of herself playing popular games.

If you are good at gaming, you can earn money as a QA or game tester. You can also earn money by posting online tutorials or live videos.

Some companies pay people to play their games.

28. Online Teaching Hobby

Do you enjoy teaching others about your favorite hobby? The shift to online education has created a huge demand for online instructors.

Many sites do not require teachers to have any educational level or formal qualifications, just passion and skills.

The Outschool website is always looking for new teachers. Outschool offers online mini-classes for children. Teachers set their own curriculum, hours, and rates, and can earn up to $40 per hour.

Other informal online learning sites include Udemy and Skillshare.

27. Teach craft classes

If you're an experienced crafter, whether you work with fabric, yarn, paper, thread, or other materials, you can teach others your craft online.

Teachable and Ruzuku are two popular websites for craft teachers. Teachable offers a quick start webinar that guides a beginner through creating an online course or workshop on the site.

You can also take courses on how to turn your trade into additional income.

26. Sewing

©fake images

Sewing is another popular retirement hobby and can help reduce your risk of developing arthritis.

If you want to earn money by sewing, you can offer repair or alteration services or sew custom clothing. You can earn seasonal income by making Halloween costumes or Christmas decorations.

You can set up an online store on a craft marketplace like Etsy or Amazon Handmade to sell clothing or home accessories, or accept special orders.

If you are an experienced seamstress, you can teach at a local fabric store and get a discount on your sewing.

Read the original article published in Work + Money to continue reading.

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TedsWoodworking Plans and Projects
TedsWoodworking Plans and Projects