Retired men pocket extra cash as resellers

coin seller Montrose CA
This man began his retirement “reselling career” by selling part of his personal collection of coins.

Here is how retired baby boomers make extra money from personal interests and hobbies. While these two money makers are commonly done by men, there is no reason that women cannot make money these ways, too.

Make money from tools two ways

Tool Reseller.  We have heard of a couple of men who purchase used tools at garage sales and resell them for a very good profit at swap meets. Sometimes the tools are in good condition and sometimes they are so old they are almost antiques. The former are sold to bargain hunters who want working-condition tools. The latter have a different market: tool collectors.

Cleaning up the used tools and testing them are the first things these men do after they buy them–before they try to sell them at outdoor markets. One man is quite handy and brings seemingly “dead” tools back to life. Neither of them try to hide any flaws. If you are not comfortable with swap meets or flea markets, Craigs List can be a good place to advertise tools, although potential buyers are looking for super-bargains on that site.

Sports Equipment Reseller.  In some areas of the country, Los Angeles among them, there are stores that specialize in buying used sports equipment in good condition.  Scouting out lightly used sports equipment at garage sales and reselling them to the stores has potential for generating some extra cash. 

Go the first extra income solution or move on to the next one.


Note: The people mentioned on this site are real and what they did is true. Their names have been changed to protect their privacy.