Retirement Sources Of Income - Passive Income Side Hustles

How to create

passive

income

during

retirement

. And we want to do this fairly quickly. In case you're new here, we're Norm and Tina and we're talking all things

retirement

. If you haven't subscribed to our channel yet, we would greatly appreciate it. I would really appreciate it if you hit the subscribe button for us, it really helps our channel, thanks Number 1. Tina, what do we have? - Buy dividend stocks now, by that we mean good quality aristocratic stocks. Yes, not those stocks with a high percentage of dividends paying. 15 to 20 percent and then they cut their dividend and their stock price plummets.

No, we are talking about good quality, stable stocks that pay 4 to 5 percent in Canada, maybe in the United States it will be closer to 2 to 4 percent for your stocks. Number 2. It's interesting because it's about being retired, keeping your brain sharp and learning new things, so why not take a tax preparation course from H&R Block? You will be able to work for 3 to 4 months of the year. year Tina and you're learning a new skill. This is true and you are qualified after taking the course. You don't have to be an accountant or anyone else? No, as long as you can pass the exam, if you pass it, then you can do everyone's taxes, we think it's awesome.

It is, and within 3 or 4 months you will make some

income

from it. Number 3. You can visit thrift stores and garage sales, get deals, and then resell them online on Ebay. o   Facebook Marketplace, so you can pay a small amount for something and then you can sell it for a lot more, so you're making a lot more money and it gives you a hobby to do when you're there anyway - And the other What's up It's just that you might have some experience or a hobby like photography, so you might recognize a really good camera sitting in a thrift store that no one else knows the value of.

That's a good one, Norm. - Number 4. Pizza delivery. We say this because one of our viewers left a comment on a recent video and said he delivers pizzas to get paid to deliver the pizza and then said his tips because a lot of people tip him at the door, it was enough to pay the grocery bill in a month just with tips. We thought it was amazing, didn't we? And he also had an extra point, which was: he kept him in shape. Yes, absolutely, we thought it was a great idea, didn't we? So if you don't have the opportunity to get pizza delivered, there are other things for food delivery like Door Dash Uber Eats, etc., so it's easy to participate in that kind of Gig economy that I think they call Tina Se A great one happened for number 5. - Oh, yeah, well, this wouldn't be very good for us, but for the people - Down with Fido! - A dog walker, so you know all these people who work and have dogs at home, they need to be walked, so if you can find three or four dogs a day, they pay very good money and you stay fit, so you work out and get paid to do it   - That seems to be a common trait isn't getting a job and staying in shape?

Absolutely and we have seen people walking down the

side

walk with 3 or 4 dogs at a time let alone doing them individually - That's right, we thought that was cool. You can set your own schedule. - So we're at rule number 6 - Well, this is one close to home because since we've been staying home, isolating ourselves and not doing non-essential travel, we've decided not to go to the grocery stores when there's a rush. in COVID-19 infections in our city   and that's why we use Instacart and Instacart is an app where they will go to get their groceries   so they go to Walmart and they go to popular supermarkets, all the big name brands   and they are available in the US. and Canada and it's been a really good service for us, so why not become an Instacart shopper and get your shopping done?

Go to the supermarket if this appeals to some people. People like to buy and they get paid for it. Absolutely couldn't be. I might as well do it. Oh! We're at number 7. How about you like writing being a freelance writer or illustrator or you can even do voiceovers and we hear a lot about people reading, so do audiobooks and I think you can set your own schedule. - There are many websites online that are designed to bring people together, so you can have an author who is writing a children's book and who is looking for an illustrator and you can bid on the job and see how much they are willing to pay and some of them will do a royalty cut with you, so it's a way to be able to earn unearned income and royalties, so there are lots of opportunities to freelance, whether it's singing or developing one of your skills online, so try it and do a search.

Number 8. The other thing that emerged during this pandemic is home delivery service. A lot of people don't want to go out, maybe they are too anxious about what is happening right now (yes), so you can call, we have 3. services in our city where we can call, they will go get beer and wine, they will go to a restaurant for us and they will pick up the food, do your shopping for you if you want a specific store that Instacart doesn't go to. Then they will do it for you, you just have to email them your shopping list and they will do it and then you will pay them when they bring your purchases to the door.

And it's quite reasonable, isn't it? I think it's only about 10 bucks and that includes everything delivered to your door and everything, so we found that seems pretty reasonable to us, right? Yeah, and the whole delivery thing is that maybe you don't want to Let's do that so the other interesting thing we're hearing in our town is that there are people with Costco memberships and Costco is pretty far from where we live, so that offer deals for people who don't have memberships or don't have the means to obtain them. At Costco they will go get your items from Costco and bring them back;

That's a great idea, Norm, right? - How about number 9? Do we have points in common with this one? - How about starting a YouTube channel? - It's very easy to create YouTube   - Well, let's back up a bit, let's not say it's very easy - It certainly isn't - If you don't start it, then you won't get anywhere, right? No you won't, but it's a long journey, but it's rewarding even if you don't make money from YouTube, it's certainly rewarding, we feel like we're having conversations online with all of you and the comments, it's becoming a great community of people we know from all over the world, so a YouTube channel can be rewarding once again if you don't know how to set up your camera or your phone. or editing, these are all things you can learn.

YouTube is great for figuring out how to do these things. In fact, we often talk to people and now they say, "Hey, if there's something we can't do, we'll just do it on YouTube." If you buy a new air fryer and don't know how to cook with it on YouTube, someone will talk about it somewhere. YouTube is the second largest search engine on the Internet. That's amazing, isn't it? - Number 10. If you live in a tourist city, be a tour guide, we have been to many cities where they have these walking tours of the city that last an hour, hour and a half and many times we have met retired people who do it and They know their city, they have designed a really interesting tour that takes you to places that you might not find as a tourist and you can charge whatever you want, but many of them do it for free and rely on the advice of the people who come with them   - And You can usually tell them because they are usually held up like a big bright yellow or red umbrella, right?

They stand out - Yes, and most of these are booked online   you meet at a central point people just turn up and you leave, you get back to doing some exercise and maybe you're a bit of a history buff or you love the city in the one you live in and it's a great way to interact with people, stay active and keep your brain sharp, so those are 10 ideas for generating income in retirement and we hope you found them useful. Yes, because we certainly don't lack things to do, right? We created our own with photography initially, where we get paid royalties for the photographs that are sold and then we move on to video, we get

passive

income from the video, now we have a YouTube channel and the dividends and all that kind of stuff.

It keeps us busy, no. Yeah, so thanks for watching, we really appreciate it. - And we hope everyone is safe and well. - And until next time, goodbye, goodbye.