How Do You Turn A Hobby Into Retirement Income?
Retirement is not like it used to be for most of us. Retirement income does not cover living costs these days. Many retirees are looking for other income to supplement their retirement. There are many hobbies which can be turned into income. Research a business plan. There are several sites on the internet which will show you how to develop a plan. Most sites require a fee. Investigate your local laws and regulations. If you plan to sell at open air markets you may not need a business plan, but you many have to have a license to sell. Local laws differ, so check out your local laws. What types of things may make you money? Surprisingly, everything from freelance writing to making jewelry. Do you love to garden, perhaps a business helping others with gardening and lawn care may be just for you. Many women love to make jewelry, quilts, scarves, both knit and crochet. Are you a great scrap booker? You might decide to teach others your skills. Decide where you will market your product or y