Some might pay thousands of dollars a month


More than 61 million Americans plan to start a secondary business in 2021, according to a Zapier poll of 2,001 American adults. And although a higher percentage of younger generations like millennials have picked up side pushes 48%, according to the discount rate – The older generations are also trying the trend. Over a third, 39% of Gen Xers and 28% of Baby Boomers report earning additional income at the same time.

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If you are in your fifties and want to dive into a parallel concert, there is “so much that a person over 50 can do, even with minimal skills,” says Jen Glantz, founder and CEO of the company Bridesmaid for hire.

Here are five side bustle ideas for people in their fifties.

“You can rent your apartment”

At 50, you could be a homeowner. Maybe you’ve even opted for a bigger or more luxurious house or apartment. Whatever the case, consider renting your space for hours, days, or even weeks at a time.

“You can rent your apartment, sure, on Airbnb, but you can also rent your apartment by the day with something called Peerspace where people can rent it for a video shoot or a photo shoot, ”Glantz explains. A site called Splacer helps you rent out your space for holidays, parties, workspaces, and launch events.

Make a habit of selling things

By your 50s, you may have amassed an assortment of tech items, clothing, and housewares, some of which you could get rid of. Glantz suggests making a “habit of selling” the unused things in your life, she says. Here are three sites and apps that you can use to sell your items.

Make sure you check the fees that each site charges sellers. Mercari charges a minimum of 10% of the item price plus a 2.9% payment processing fee plus $ 0.30 per sale. When you’re done selling your own items, ask your family and friends if they need help selling theirs.

Online courses are often ‘relaxed’ and can generate passive income

To consider create an online course to share the knowledge you have accumulated over decades. This secondary activity is discreet, according to an expert Latasha peterson. “It’s relaxed,” she said. “You can do it at home.”

Additionally, recording and downloading a course can be a way to earn passive income because even after taking the course, you will continue to earn income as new students take it.

Consider creating an online course at sites like Udemy or Teachable, where people teach topics ranging from coding with Python for $ 24 To photography for $ 27. As always, keep in mind lucrative models like Udemy’s revenue sharing program. Instructors receive 97% of revenue when a student purchases a course through their own referral link, and 37% of sales revenue when no instructor coupon or referral link has been used.

Instructor Chris Haroun has made over $ 1 million selling business courses to content creation on Udemy.

Good for “catching grammar mistakes”? Reread

Sell ​​photos of local events

If you frequently attend local events for your kids and have a good sense of photography, consider posting your photos on sites like Snapped4U, which allow others, like busy parents who couldn’t come, download them and buy them. Photographers on the site charge up to $ 20 per photo. Snapped4U takes a $ 10 registration fee, as well as $ 0.50 per photo for photos priced at $ 5 or less, and 10% of the price for photos priced over $ 5 for US-based accounts.

If none of these options speak to you and you’re still looking for your perfect job, “make a list of 25 skills or strengths you have,” Glantz says, then “just type into Google, ‘How to monetize speaking in audience ‘,’ How to monetize an organization ‘,’ How to monetize by being a good listener ‘, and I promise you that you find a secondary activity. “

The article “5 super pushes for people in their fifties: some could pay thousands of dollars a month” originally published on Growing Up (CNBC + Acorns).

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