When most people retire, they often have a lot of free time. Many of them find new hobbies or devote more time to their favorite activities. Common hobbies for seniors include genealogy, gardening, photography, cooking, drawing, painting, and textile arts such as knitting or quilting.
© Getty Images How to monetize free time in retirement or earn extra income.Some hobbies, such as woodworking, can be very expensive and require an investment in equipment or supplies. Whether you're looking to cash in on a new hobby or make money from it, these retirement hobbies can get you there.
carpentry
Woodworking is a popular retirement hobby that helps improve hand-eye coordination and dexterity. Many retirees, especially men, have set up a workshop in their basement, garage or shed.
If you want to make money from your hobby, consider making unusual wood items such as toys, clothes hangers, fruit bowls, picture frames, planters, or furniture and list them for sale on Craigslist or eBay.
If you have a lot of experience with woodworking machines and tools, you can work part-time at a local hardware store or hardware store. You can share your knowledge and get a discount on woodworking supplies.
video game
Video games are becoming an increasingly popular hobby for retirees. Games help maintain the mind, improve hand-eye coordination and relieve boredom.
Hamako Mori is a 90-year-old Japanese grandmother known as Gamer Grandma who has over 300,000 subscribers on her YouTube channel, where she posts videos of herself playing popular games.
If you play games well, you can earn money by quality checking or testing games. You can also earn money by posting tutorial videos or playing live games online.
Some companies even pay people to play their games.
Teach your hobby online
Do you enjoy teaching others about your favorite hobby? The shift to online learning has increased the demand for online teachers.
Many positions require teachers to have no formal training or qualifications, just passion and skill.
Outschool is always looking for new coaches. Outschool offers online mini-courses for kids. Instructors set their own curriculum, hours and prices and can earn up to $40 an hour.
Other unofficial online tutor sites include Udemy and Skillshare.
give drawing courses
If you're a seasoned pro, you can also teach others your craft online, whether you're working with fabric, thread, paper, thread, or any other material.
Teachable and Ruzuku are two sites that craft teachers love. Teachable offers a Quick Start Webinar to help beginners set up an online course or workshop on the site.
You can also take courses on how to turn your crafting hobby into a side income.
Sew
©fake imagesSewing is another popular retirement hobby that can help reduce the risk of developing arthritis.
If you want to make money sewing, you can offer repair or alteration services or make custom clothes. You can make seasonal income by creating Halloween costumes or Christmas decorations.
You can set up an online store on a craft marketplace like Etsy or Amazon Handmade to sell clothing, home goods, or take special orders.
If you have sewing experience, you can teach at a local fabric store and get a discount on sewing supplies.
