In these times that are repeatedly defined by tightening financial budgets, you may have found that your retirement savings alone are not enough to provide a viable source of financial freedom. Thankfully, there are a number of lucrative ways to add to this income; many of which are quite easy and effective. So, let us take a look at five legitimate ways to supplement your income.
Five Legitimate Ways to Supplement Your Income
Rent Out a Room
Is there a spare room in your home that serves no other purpose than to store excess supplies? An excellent way to guarantee a steady monthly surplus is to convert this area into a living space and then advertise that it is for rent. This will provide a ready supply of cash and you may very well enjoy the extra company.
Write a Blog
Thanks to the power of 21st century technology, the Internet has opened up numerous money-making opportunities; one of which is writing blog posts for companies. Many websites will pay a considerable sum per article. This is particularly the case if you possess expert knowledge in a specific field. A further beneficial aspect of blog posting is that this task can be done from the comfort of your own home.
Take Part In a Paid Clinical Trial
Clinical trials are yet another excellent way to earn a bit of money. In fact, you may be able to earn as much as $100 per day, and most trials will last anywhere between one and thirty days. All clinical tests are carefully supervised by trained professionals, thus you can rest assured that your health and safety are their number one priority.
Although you can only take one trial at a time and you must wait a period of no less than ninety days between trials, such options are not only beneficial from a financial viewpoint. You will be helping to test new and improved treatments which have the potential to help countless individuals from across the globe, so clinical trials are also very emotionally rewarding.
Take Online Surveys
You many have heard of the numerous online surveys that will pay tidy sums of money upon completion. Such polls require no skills or foreknowledge and most can be completed within a matter of five or ten minutes. You can choose from a wide variety of topics and many of these surveys can actually be quite fun and entertaining. While you should not expect to make hundreds of dollars per month in this manner, such online questionnaires are an excellent way to support your static income and add some liquidity back into your life. Plus some surveys give you FREE items to try, how fun is that!:
Turn Your Hobby Into Cash
Do you enjoy a popular hobby such as model making, engraving, furniture restoration or wood carving? If so, you may be able to market these skills from your home. There are many individuals that will pay considerable amounts of money for the works produced by a craftsman (or woman). Advertising these skills in a local paper or within online forums may indeed land you a few clients that will need work performed on a regular basis. In fact, you may soon find that you have created a lucrative and rewarding part-time business from the very comfort of your living room.
These are only five of the numerous ways that you can help supplicate your retirement plan. All of these methods are easy to employ, many are quite fun and above all, they will supply you with a valuable source of income to guarantee comfort during the golden years of your life.
If you are retired, what are you doing to help supplement your retirement savings?
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