Finance

5 Best Ways For People Over 50 To Make Money – Part 3

If you are over 50 chances are that over time you will have developed several different skills that you can use in your daily life. Normally, these skills can also translate into lucrative side gigs that can swiftly help you increase your income. 

  1. Retail Arbitrage

Retail arbitrage or reselling gigs can take some time to get the hang of, especially because you will need to learn how to distinguish what will sell well and what will not. Once you develop an eye for the type of items and brands that sell well you will be able to start making a high profit from a relatively enjoyable little side hustle. 

  1. Computer Repair Service

If you have any computer servicing skills then you might be able to put them to good use. Computer repairman can often make around $14 per hour simply for helping others solve their computer problems. Depending on where you are you might need special licensing for this type of business. 

  1. Personal Chef

If you are a great cook then you might be able to make that your side gig. Many people will be happy to pay for professionally prepared meals and personal chefs can on average make around $20 per hour. If you have gone to culinary school then you might even be able to make more than that. 

  1. Professional Friend

It might seem surprising, but people using websites to work as a personal friend can make around $10 an hour. While that is not in itself a high amount, it does seem like a good deal considering all you have to do is be someone’s friend. 

  1. Costumed Character

Finally, if you love dressing up then you could become a costumed character at kids’ birthday parties. This is the most high-earning gig you can start as you will on average make around $175 to $225 per hour, 

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.