Retired? These 5 Summer Money Hacks Might Surprise You
Aug 8, 2025
Lazy summer days don’t have to mean idle time, especially if you’re looking to pad your wallet. Whether you're relaxing indoors to beat the heat or have extra hours now that grandkids are out of school, there are more ways than ever to turn downtime into income.
These low-effort, high-flexibility options are ideal for retirees or older adults looking for supplemental cash without the stress of a traditional job. And best of all? You can do most of them from the comfort of your home.
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1. Earn Rewards by Sharing Your Opinions
Many companies are eager to hear what consumers think, and they're willing to pay for it. If you enjoy sharing your opinion or trying new products, paid survey platforms can be a simple and accessible way to earn a little extra cash during your downtime.
One option is Kashkick, which lets you get paid for completing surveys, watching content, or reviewing offers. The platform features low payout thresholds and pays in cash, not points, so you can cash out when you hit just $10. It’s not a full-time income, but it can help cover the occasional lunch or gift.
2. Build Credit While You Save
Maintaining good credit isn’t just for the young; it matters just as much in retirement. From lowering insurance premiums to improving loan options, a healthy score can give seniors more financial flexibility. One overlooked strategy? Credit builder accounts.
Self offers an option that doesn't require a credit card or large upfront deposit. You make small monthly payments into a secured account, and those payments get reported to the credit bureaus. When the plan ends, the savings (minus fees) is returned to you. It’s a smart way to build credit while setting aside money.
3. Earn Cash Back While You Shop
Getting more out of your regular shopping is one of the simplest ways to improve your budget. Whether it’s groceries, gas, or prescriptions, every dollar counts, and it helps when you can earn some back.
The Walmart MoneyCard offers up to 3% cash back at Walmart.com, 2% at fuel stations, and 1% in-store. It also includes features like overdraft protection, early direct deposit, and optional savings with interest. For seniors who shop at Walmart regularly, it's a practical tool to make everyday spending go further.
4. Bank Smarter with Tools Built for 62+
Older adults often face different banking needs, like early access to benefits, simplified budgeting, and fraud protection. That’s why banking apps designed specifically for seniors are gaining popularity.
Charlie is one of them. It helps users get their Social Security payments up to five days early and offers interest on balances with no monthly fees. It also includes extra features like a personalized debit card and fraud alerts to help protect your money. It’s built with simplicity and dignity in mind.
Many seniors are turning to these 4 smart ways to get cash that don’t involve credit cards or high interest rates. They're fast, flexible, and don’t hurt your credit score.
5. See If a Reverse Mortgage Is Right for You
For many seniors, home equity is one of their largest untapped resources. A reverse mortgage lets you convert part of that equity into cash, without having to sell or move.
If you’re exploring this option, Reverse Mortgage Assist offers a fast and secure way to check your eligibility. You’ll be matched with licensed lenders in your area who can walk you through your options and help you decide if it’s the right move for your retirement goals.
While not the best fit for everyone, reverse mortgages can offer added financial breathing room for homeowners 62 and older.
Ready to Put These Summer Hacks to Work?
Making extra money this summer doesn’t have to be a hustle. With the right mix of digital tools and financial know-how, seniors can turn free time into financial wins, ranging from small savings to substantial income boosts. Whether you're supplementing your retirement or just looking for a little extra cushion, these five strategies offer a smart, senior-friendly starting point.
