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What Are Some Ways for Seniors to Earn Extra Cash?

Seniors in Australia often get the money they need for regular expenses from retirement benefits or social welfare payments, if they’re eligible for them. But there are times when ageing adults prefer to earn some extra money to ease their financial burdens or take care of things on their personal to-do lists, like home renovations or travel. Luckily, there are many options available. Today, we’re going to discuss some of the more common and practical ones.

Rent Out a Spare Room

If your senior loved one has an extra room or a basement that can be converted into a separate apartment, he or she may be able to earn some extra money from a renter. Help your loved one rent out a room safely and effectively by:

• Setting rules and boundaries for renters
• Screening potential renters
• Providing any assistance your loved one may need with making repairs to the rental room or space

Become a Pet Sitter

Is your loved one an animal lover and capable of taking care of certain types of animals? If so, he or she may be able to earn extra money by watching pets for neighbours or other local pet owners who want someone to take care of their cherished pets during the day or when they’re away.

If pet sitting keeps your loved one away from home for long periods, he or she may benefit from having a care worker help with everyday tasks such as grocery shopping and preparing meals. Living independently is important for seniors who want to maintain a high quality of life. For some, this simply means receiving help with tasks that have become more challenging over time. Even when families have the best intentions, they may not have the time to provide the care their elderly loved ones need and deserve. If your loved one needs help for a few hours a day or a few days a week, reach out to Home Care Assistance, a trusted provider of respite care North Coast seniors can depend on.

Become a Babysitter

Another type of sitting job that could be an extra source of income for your loved one is babysitting. It’s a job that can be done for short periods in a way that’s comfortable for your loved one. Plus, parents often appreciate the fact that seniors frequently have plenty of experience with childcare.

Have a Yard/Garage Sale

Another quick and effective way for older adults to make some extra money is to sell things they no longer need or want. A simple way to do this is by putting together a garage or yard sale where everything is displayed and offered at a fair price.

Sell Items on Etsy Australia

Is your loved one good at scrapbooking, craft-based hobbies, jewelry making, or similar creative endeavours? If the answer is “yes,” he or she could earn some extra money by selling items he or she makes on the Australian version of Etsy. This is a global online marketplace similar to eBay, except it mainly focuses on vintage and handcrafted items. The setup process is fairly simple. Typically, a listing will stay up for four months or until an item is sold.

Work Part-Time at a Local Store/Restaurant

Many local stores and restaurants hire older adults for part-time positions. While the pay for such jobs is usually low, this could be just fine for your loved one if he or she is only looking for supplemental income. Some employers actually prefer older workers because of their tendency to be more reliable.

If your loved one needs transportation to his or her job, a home care worker can help. North Coast senior home care experts are available to provide high-quality care to seniors on an as-needed basis. From assistance with mobility and exercise to providing transportation to the doctor’s office and social events, there are a variety of ways professional care workers can help your ageing loved one continue to live independently.

Tutor

If your loved one is still mentally sharp, he or she may be able to earn some extra money by helping students in the area learn concepts they need to know to achieve their education-related goals. One way to do this is with freelance tutoring services, which your loved one could offer right in the comfort of his or her own home. 

Earning extra income can alleviate anxiety about finances and give ageing adults a sense of purpose that provides a significant boost to their overall health. Seniors who want to remain healthy as they age can benefit in a variety of ways when they receive professional home care. Home Care Assistance is here to help your loved one accomplish daily tasks, prevent illness, and focus on living a healthier and more fulfilling life. If you need professional aged care for your loved one, Home Care Assistance is just a phone call away. Reach out to one of our Care Managers today at (02) 6646 3527.