Retirees may have seen some economic reversals in recent years, but even an uncertain financial climate isn't keeping them from enjoying creative outlets. Mature adults and retirees comprise the largest market segment for crafting activities like scrapbooking, knitting and quilting. Although learning new skills and making gifts for friends and family are big factors in the popularity of crafting, a $30 billion industry in the U.S. in 2006, sites like Etsy.com and eBay.com are making it easy for skilled crafters to take their passion to the next level.
With a few supplies, some research and a knack for the creative process, a crafty retiree can earn extra income online selling crafts without incurring the burden of high startup and operating costs. Crafts can be very time intensive, so the financial rewards may only add up to a little spending money, but for the fixed income senior, that and the challenging fun of creating something beautiful could be enough.