5 Fun Ways to Boost Your Pre-Retirement Income
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Are you looking for fresh ways to boost your income before retirement? In this episode, we explore five fun, practical ways to add to your cash flow without taking on the weight of a second job. Whether you’re saving to retire early, dreaming of shifting into a passion project, or just want a bit more financial freedom, these tips can help you get there in a way that aligns with your current lifestyle…
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1. Hobby Hustle
Turn your hobbies into a side income! Whether it’s crafting, gardening, or painting, hobbies can often be transformed into small businesses. Hear how my mom’s candle-making hobby became a successful Etsy shop and discover tips on how to share your creations with others.
2. Holiday Haven
Consider investing in a vacation rental. If you own property in a desirable location, renting it out part-time can generate significant extra income. We dive into location tips, property management ideas, and unique amenities that make your rental stand out.
3. Broadcast Brilliance
Have a story to tell or knowledge to share? Starting a blog or podcast is simpler than ever and can eventually lead to ad revenue, affiliate income, or even your own product sales. I share my journey of podcasting and how it led to writing my book, The Early Start Retirement Plan.
4. E-Commerce Extravaganza
Create and sell products online! From digital downloads to handmade goods, e-commerce offers endless possibilities. Platforms like Etsy and eBay make it easy to showcase your work, while SEO and social media can help you attract customers.
5. Teaching Treasures
Use your skills to teach others! Coaching, tutoring, or teaching classes—whether online or in-person—can be both fulfilling and profitable. Whether it’s academic subjects or a beloved hobby, this can be a rewarding way to share your expertise.
Each strategy is designed to fit smoothly into your life now, adding value and setting the stage for a fulfilling retirement. With personal stories, actionable tips, and easy-to-follow guidance, these simple ideas will help you elevate your financial future. So grab your notebook, sit back, and let’s dive into these tips for pre-retirement income!
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About Danette:
Professional Journey- As the President and a CERTIFIED FINANCIAL PLANNER™ professional at TruNorth Wealth Management, LLC, I've found my calling in helping pre-retirees confidently navigate the crucial decision of retirement. Our team is dedicated to guiding family-oriented couples from being net savers to net spenders. We invite you to join our extended family and experience the TruNorth Wealth difference.
Founder – Wealth Advisor
TruNorth Wealth Management, LLC
1662 HWY 395 N, Suite 203, Minden, NV 89423
Connect with Danette @ https://linktr.ee/trunorthwealth
This podcast is for informational purposes only. The situations used herein do not constitute a recommendation as to the suitability of any investment for any person or persons having circumstances similar to those portrayed, and a financial advisor should be consulted for your specific situation. Neither Commonwealth Financial Network nor your representative provides tax advice.
Securities and advisory services offered through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser.
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