Read the transcript ...Today on CSN Podcast we’ll talk about Supplemental Income and the 5 “W’s”. Starting early on in our younger years we found ways to make some extra money, so we could go to the movies, upgrade our bike, go to the corner store to get some candy/treats & a soda, to buy the latest comic book, or buy that special toy we always wanted. Because our allowance would only go so far, we had to be creative in order to add to our piggy banks. We would dumpster-dive, dig through garbage cans & ask the neighbors for pop bottles so we could take them to the local corner store to get some recycle cash for them. Yup, I said pop bottles. Real glass, not plastic or aluminum. Back in the day, almost all drink containers were made of glass & the only place you could return them for a deposit would be at the local corner store or at the larger grocery stores. To make some extra money in the spring & summer we would mow the neighbor's lawn & clean their yard. In the fall we would do more yard cleaning, which was mostly racking leaves, but sometimes, we would help the neighbors with their garden. So many potatoes to dig. In the winter we would shovel the neighbors snow & maybe even scrape the windows on their cars. This was hard work because where I lived it snowed lots. Have I ever told you how much I hate winter? That’s winter in Canada of course, not winter in Hawaii. A Hawiian winter I definitely could tolerate. The money rewards weren't that great because the neighbors didn't have much extra money themselves. But every little bit helped to fill the piggy bank. Also, throughout the year we would gather up newspapers & cardboard, tie them up in neat bundles & take them to the recycler for cash (that's when the Government actually paid the general public to do the recycling). Then, as we got older we found new ways to make some extra bucks because there was always something that we wanted that we just couldn’t quite afford. But now, in our senior years, & in today's challenging world, it has become vastly important to find ways to supplement our income. Company pensions aren't what they used to be. Some people lost their pensions. Some people have had to take massive reductions in their pensions. Many employers didn’t offer a pension. Many have taken reductions in their pay, reduced hours, & reduced benefits. So, here at Canadian Seniors Network, we want to explore what supplemental income opportunities exist for seniors. We want to test and review some of those opportunities that are kicking around on the internet. We’ve all heard about some of the get-rich quick schemes and we know how well they worked, right? We want to help seniors identify opportunities that may be appropriate for their interests, for their morals, for their beliefs, for their ethics, and for their energy levels. If a senior needs to have a supplemental income to be less financially stressed, to have a more fulfilling life, to help support other family members or friends in need, the reason doesn’t really matter. What matters is that the CSN Community supports them, right? So, here’s The Five "W's" of Supplemental Income Who? Supplemental income is a welcome resource for all Seniors ... including you. What? Supplemental income is pretty much anything that creates some extra income. There are hundreds of options in the living world and hundreds of options in the online/internet world. Where? Supplemental income can be created from sources outside your home or from inside your home, or you can create some extra bucks from anywhere in the world, even on a beach somewhere. Your choice. When? The supplemental income creation journey can start anytime. You don't...
