5 Lucrative Side Hustles for People Over 50

Let’s explore 5 lucrative side hustles for people over 50. Are you seeking a lucrative side hustle and just happen to be over the age of 50?

Are you seeking a lucrative side hustle and just happen to be over the age of 50? Let’s explore 5 lucrative side hustles for people over 50 that can bring in extra income.

Why would a person seek a side hustle? Perhaps a person’s usual 9 to 5 work arrangements may not pay well enough to keep one afloat.

Or, there could be a change in the household status, such as one person losing their job, helping aging parents, or older children returning home.

Side hustles can be flexible and many pay a decent amount of money. 

While there are those that seek side income gigs as a necessity, there are just as many people that indulge it as a hobby.

Some choose a side hustle as an entry way into something to fall back on after retirement.

Perhaps the side hustle may be a passion they’ve always wanted to pursue and feel safer pursuing it while still employed with a steady salary coming in.

Still, others may use a side hustle as a means of bringing in additional monies in order to save more.

People in older, more experienced age brackets are embracing the idea of getting side jobs to make some extra income.

Attributed to years of routine and discipline, older adults have honed their work ethic, often being deemed more reliable and likely to keep a job for a longer period.

Below is a quick summary of some of the best jobs for those 50+.

• Rent out a room – Have an extra room in your home that’s seldom used? Put that space to work by bringing in extra money by renting that room or your entire home.
• Affiliate Income – Already have a blog or strong Instagram or TikTok presence? Affiliate marketing is an arrangement between an online retailer to pay commissions to a website for generated sales or referrals from traffic to their site.
• Proofreading Service – This side hustle is suitable for anyone with a good grasp of the English language.
• Life Coaching – A life coach serves as a beacon of guidance and empowerment, assisting clients in various aspects of their lives.
• Music Tutor – Teaching music is a very lucrative side gig that you can get involved in if you have the required knowledge.

If you’re an adult above 50 interested in finding a suitable side hustle, we have compiled five (5) side hustles that you can get engaged in!

1) Rent out a room

Do you have a room in your home that can be rented out? Perhaps you’re able to rent out your entire home. Using your home as a side hustle can bring in extra monies using such platforms like Airbnb and VRBO.

Be sure to research and know the rental regulations and if licenses are needed for your area.

2. Life Coaching

A lot of people seek help for personal, spiritual and even professional development. With the right attitude and a great deal of experience, baby boomers can become life coaches.

Turning your experiences into life lessons for others to learn from in an engaging way can be very financially rewarding.

Providing accountability for people who are trying to find themselves and define their goals is a process that can strategically be monetized, serving as an advantage to both the coach and their clients.

Coaching sessions can be held in person or via the internet, such as using a Zoom connection.

For some guidance on how to get started, you can visit Udemy.com for courses on life coaching.

3. Proofreading Services

Do you get ticked off when you see people unable to differentiate between “I’m” and “Am”?

Another side gig you can try your hands on is proofreading. It is suitable for anyone with a good grasp of the English language.

You get to proofread for numerous platforms who then publish content reviewed by you.

This is also a service that you can run on your own without needing to log into a third-party service, but if you would rather do so, websites like Fiverr, Upwork, and Scribendi will give you the needed clientele.

4. Greeting Card Writing Services

For baby boomers that are witty writers, and can express themselves sentimentally and capture the reader’s attention, becoming a greeting card writer is a good option for you.

This is a lucrative venture that comes in handy especially during the holiday season and then, all year round.

All that is required is your ability to write witty, smart, concise, detailed and captivating messages that will catch the attention of your clientele.

Once your greeting card content is approved, you start getting paid.

You can perfect your writing by reading guidelines on Bolstablog and you can find out companies that hire greeting card writers on Freedom with Writing.

5. Music Tutor

Are you good with music, be it reading it, playing, or writing it? Whichever it is, teaching music is a very lucrative side gig that you can get involved in if you have the required knowledge.

Music teaching sessions can be had in the homes of clients and you can have sessions with as many as 10 and as few as 2 students at a time!

Apart from starting your own website, you can also advertise your services to schools administrators or on websites like Live Music Tutor and School of Rock.

Finding Success

Finally, it is important to note that to sustain and excel in any of these ideas, you must build a good presence online.

That means social media marketing, website creations, and ads to promote your services especially if you are not working with a third-party service.

Although many of these side hustle roles are and can be learned without prior knowledge, you should go with a hustle that you have some innate ability and talent for. This makes you original and unique.

Job Boards

aarp.org/aarp/part-time-jobs

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