The pawn industry is a very lucrative business that has been helping people who need extra money for many years. Owning a pawn shop is a reliable way to earn a living because there will always be customers who need this services. However, pawning is not the only way that pawn shop owners earn a living. These are some of the different ways that pawn shops earn money.  Pawning  Pawnbrokers allow customers to borrow money against various items such as jewelry, hunting gear, electronics, and musical equipment.