Top ways retired teachers in Kenya can make money.
In about 3 months from now, my dear mum will be retiring from active service from the Teachers’ Service Commission (TSC). Congratulations my love!
So a couple weeks back she gave me an assignment: to find creative ways she can make some money in Kenya as a retired teacher after retirement that won’t take a great toll on her health and don’t require too much movement.
Luckily, there are a lot of opportunities for teachers to make money in Kenya once retired, and here some ways for retirees to make money in Kenya.
What's Covered in This Article
1. Offer tuition
I am currently looking for a Kiswahili tutor for my son.
2. Rent Out Extra Room in Your House
If you are like most Kenyans, you probably built a huge house because you had this many kids who no longer live with you, chances are you have a spare room in your house.
Consider listing the spare room on Airbnb. You’ll could easily make a decent amount of money in your retirement.
If you’re not sure how to go about starting an AirBnB business in Kenya, here’s a guide.
Use AirBnB’s calculator to find out how much you could be make as an AirBnB host.
3. Offer to be a Babysitter
4. Sell handmade items on Etsy
You can either make your own or buy items handmade by others.
Popular places to find handicrafts in Kenya include Kariokor market, Maasai Markets around Nairobi and other major cities, local women groups, etc.
5. Write greeting cards
Click here for a list of eight companies that’ll pay you to write greeting cards.
6. Become a life coach
Use your life experiences to make money as a retired teacher in Kenya.
Share with other young Kenyans lessons learned over the 50+ years you’ve been around the earth.
Many churches, schools, institutions, etc will give you a small token of appreciation for a few hours’ talk.
You could also consider one on one coaching sessions.
7. Write an e-book
In this post here I share a list of 101 e-book titles that will make you money in Kenya today.
You can also come up with your own titles.
8. Cash in on your hobby
Can you play a musical instrument, or write engaging articles, or sew, or knit, or cook, or bake, decorate, landscape design perhaps?
Whatever it is you have a passion for, you could make money cashing in on your hobbies.
I am currently learning to play the violin and I bet ya it costs a hell lotta money!
9. Trace your unclaimed funds
You may have some money stashed away that you may not be aware of or may have forgotten about.
Most likely places to start your search could be in a bank account you no longer use, points on your Nakumatt smart card or Tuskys card, an M-Pesa account you stopped using, pensions or even insurance benefits.
The Central Bank of Kenya (CBK) through he Unclaimed Financial Assets Authority (UFAA) has billions in unclaimed funds belonging to about two million Kenyans.
To claim, simply log onto the The Unclaimed Financial Assets Authority (UFAA)website.
10. Try your hand at blogging
This is one of the slowest ways of making money as a retiree in Kenya.
It takes a lot of time and hard work at the beginning, but once your posts start ranking and people are able to find your blogs organically, you can sit back and relax as the schmoney rolls in.
The easiest way to make money blogging in Kenya is by writing posts that solve a problem for someone or a group of people.
11. Become a business coach
As a retired teacher, you already posses teaching skills. What better way to not waste them than by starting a business that helps other teachers learn more about starting their own side hustles or businesses using their existing skills and knowledge.
You can do this either through a blog or a podcast for teachers and educators who want to start their entrepreneurial journey.
The focus could either be on starting a side hustle as a full-time teacher in Kenya; or start a business post – retirement.
12. Create curriculum guides and sell them online
Another easy to start business ideas for a retired teacher in Kenya is one that involves helping currently serving teachers to develop more efficient lesson plans by selling curriculum to them online.
Start out with one subject before expanding into other subjects.
You can then use shopify or Gumroad.com or a peer-to-peer sharing platform such as Teachers Pay Teachers to easily sell the curriculum guides to interested teachers. These guides could take the form of creative mathematics exercises, engaging history lessons, or even wacky science experiments!
For examples, click here and here.
13. Develop digital music workbooks and/or membership site
Are you a retired teacher? Is music one of your best skills?
If you answered yes to both of the above questions, then you could very easily make money creating workbooks and selling them online as eBooks.
Over time once you have enough people visiting your website, you can create a membership site and charge a small fee for students and teachers to access the workbooks, exercises, etc.
