10 ways to boost your income for a happy retirement

When it comes to getting ahead financially, most people focus solely on cutting costs.

While this is definitely an important component of any plan towards financial freedom, an often overlooked avenue is to supplement your existing income.

A few extra hours in the evening or on the weekend can lead to a large increase in your quality of life in retirement.Credit:

If you’ve got some spare time, then you can be turning this time into an additional revenue stream, even while working a full-time job.

From a few hours in the evening to a day on the weekend, you can gain a modest increase in your income that can compound into a large increase in your quality of life in retirement.

So, here’s 10 ways you can earn some extra income this year.


More and more parents want their children to succeed and are seeking outside school help to get them there.

If you’re proficient in Grade 7 maths, or are a science enthusiast, then there are dozens of online sites that can match you with people looking for tutors and you can earn more than $20 per hour.

Sales repping

Many businesses are looking at outsourcing their sales teams by offering referral programs for new customers.

If picking up the phone and calling someone out of the blue doesn’t sound too scary, then you can start turning a few phone calls into additional income.

Get in touch with local businesses, join their referral programs, then get calling.

Sell your photos

Since the advent of digital cameras, everyone has a stash of photos sitting on an old hard drive that they rarely look at.

If you don’t mind your photos appearing in business promotional material or websites, then you can license your photos for others to use.

There are many sites that allow users to upload their photos and businesses will browse them and purchase those that match their needs.

The key is to have meaningful descriptions, so your photos can be found.

Become a driver

We couldn’t put together a list like this without mentioning this one.

The rise of ride-sharing services, such as Uber and Ola, have given many people access to additional income.

The reported rates for drivers varies wildly but an accepted figure to work from is $15 to $30 an hour, or around 15 per cent commission.

All you need is a moderately recent car and a driver’s license.

Food delivery

Another way to get into the gig economy is through food delivery sites such as Uber Eats and Deliveroo.

These are especially good if you don’t have a car, as you can work in a local area with a bicycle or scooter and save on petrol costs.

Sell your data

If you don’t mind the privacy implications, or believe that privacy is already dead, then completing online surveys can be another way to earn an extra income.

Business are starving for data and by helping them to understand their customers you’ll be rewarded for your efforts.

Become a Mystery Shopper

Love to shop, then why not get paid for it?

With a visit lasting from two to 10 minutes and netting $5 to $20, all you need to do is act like a regular customer and then complete a survey about your experience.

What’s more, if you need to make a purchase as part of the experience, you’ll be reimbursed but get to keep what you buy.

Become a dog walker

An oldie but a goodie, dog walking combines exercise and income.

As the Australian work day gets longer, people have less time to get out and about with their pets. That’s where you come in, provide a valuable service and get paid for it.


If you can type quickly and have a good ear, then you can make a reasonable income turning other people’s dictation into text documents.

Sites like Upwork and Fiverr can help connect you with people needing to get there audio transcribed.

Generally speaking, you’ll get paid per minute of audio, so the quicker you can type, the more you’ll earn per hour.

Become a Virtual Assistant

If you’re an organised person, why not help others become that way too?

A virtual assistant helps businesses with administrative tasks, such as organising travel, managing e-mails and calendars and even tasks like social media updates and report writing.

If any of these take your fancy, then now is the time to get involved.

The more you earn now, the more you’ll have in retirement.

By adding some extra income, you’ll be that much closer to achieving your financial goals.

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