How To Make Extra Money As a Teacher (13+ Ways)
Are you struggling to make the money last the entire month? There are actually different ways you can learn how to make extra money as a teacher and that is what I am going to teach you about in this article. Pursuing extra income streams can also lead to professional growth and development, making you a more valuable and marketable candidate for promotions or career advancement.
How to make extra money as a teacher (short version)
- Tutoring
- Freelance writing or content creation
- Online teaching
- Sell educational materials
- Part-time or summer work
- Rent out a room
- Freelance consulting
- Online surveys or market research
- Sell handmade or vintage items on Etsy or Ebay
- Affiliate marketing
- Create an online course
- Participate in paid focus groups
- Offer pet-sitting or pet-walking services
Reasons Why You Should Make Extra Money as a Teacher
As a teacher, earning extra money can provide numerous benefits and opportunities for financial stability and security. Whether it’s to pay off debt, save for future expenses, or simply improve your quality of life, there are many reasons why teachers choose to supplement their income.
By earning additional income, you can gain greater financial security and peace of mind, knowing that you have a safety net in case of unexpected expenses or emergencies.
- Financial security: Extra income can provide a safety net in case of emergencies or unexpected expenses.
- Professional development: Pursuing additional income streams can also lead to professional growth and development.
- Early retirement: Saving extra income can help you reach your financial goals, including retirement, sooner.
- Improved quality of life: Having extra income can allow for more leisure activities, travel, or upgrades to your lifestyle.
- Career advancement: Earning additional income can increase your market value, making you a more attractive candidate for promotions or career opportunities.
- Debt repayment: Extra income can help pay off debt, such as student loans or credit card balances, more quickly.
- Savings for future expenses: Having extra income can allow for more consistent and significant contributions to savings accounts for the future.
How To Make Extra Money As a Teacher
Making extra money as a teacher can be a great way to improve your financial stability, pay off debt, save for future expenses, or simply enjoy a higher quality of life. With the right strategy and effort, it is possible to earn significant extra income while still working as a teacher.
However, not all methods learning how to make extra money as a teacher are equal and some can be time-consuming, ineffective, or even dangerous. To help you maximize your earning potential and minimize your risks, I have put together a list of the best ways for teachers to make extra money.
Tutoring
This is one of the most straightforward and effective ways for teachers to make extra money. By offering private tutoring services in your subject area, you can tap into a market of students who are looking for extra help. Tutoring can be done after school hours, on weekends, or even online, making it a flexible and convenient way to earn extra income.
Pros of Tutoring:
- Flexibility: Tutoring can be done at your own pace and on your own schedule, allowing you to fit it in around your other responsibilities.
- Ability to Help Others: Tutoring is a great way to use your skills and knowledge to help students reach their potential and succeed.
- Earn Extra Income: By offering private tutoring services, you can earn extra income in addition to your regular teaching salary.
Companies/Websites to Consider for Tutoring:
- Wyzant
- Tutor.com
- Varsity Tutors
- TutorMe
Freelance writing or content creation
If you have a passion for writing and teaching, you can combine the two by creating educational content for websites, blogs, or educational companies. This can be a great way to use your skills and knowledge to earn extra income while still pursuing your passion.
Pros of freelance writing or content creation:
- Flexibility – you can choose when and where to work, as long as you have access to a computer and internet connection.
- Opportunity to use your skills and knowledge to earn extra income while still pursuing your passion.
- Potential to earn a high hourly rate if you have experience and expertise in your subject area.
Companies or websites where you can offer your services:
- Upwork
- Fiverr
- Freelancer
- Content creation platforms like Contena, Problogger, and Writer Access
Online teaching
With the rise of online learning platforms, there is a growing demand for virtual classes and tutoring sessions. By offering these services through websites such as Zoom or Google Classroom, you can reach students from all over the world and earn extra income.
Pros of online teaching:
- Flexibility: Online teaching allows you to work from anywhere with an internet connection, giving you the flexibility to work at your convenience.
- Wide Reach: By offering virtual classes through websites such as Zoom or Google Classroom, you can reach students from all over the world, expanding your potential customer base.
- Increased Earning Potential: With the growing demand for virtual classes, there is potential for higher earning potential compared to traditional in-person tutoring or teaching.
Online teaching platforms:
- Zoom
- Teachable
- Coursera
- Udemy
Sell educational materials
If you have a talent for creating engaging and effective lesson plans, worksheets, or other educational resources, you can monetize your skills by selling your materials on websites like Teachers Pay Teachers.
Pros:
- Opportunity to monetize your skills and creativity in lesson planning and resource creation.
- Flexibility in choosing the materials you want to sell and the prices you set.
- Potential to reach a large audience of educators and teachers, both locally and globally.
Websites to sell educational materials:
Part-time or summer work
During the summer months or during your time off from teaching, you can take on part-time or summer jobs in education-related fields such as camp counseling or coaching. These jobs can provide a steady stream of extra income while allowing you to pursue your passion for education.
Pros:
- Provides a steady stream of extra income
- Opportunity to work in education-related fields
- Ability to pursue passion for education
Places to find extra work:
- Summer camps such as YMCA or local recreation departments
- Local schools or educational organizations
- Coaching organizations or sports leagues
- Private tutoring or education companies
Rent out a room
Rent out a spare room on platforms such as Airbnb is one of the best ways to learn how to make passive income as a teacher. This can be a great way to make use of unused space in your home and earn extra money without having to leave your house. Additionally, you can choose your own schedule and guests, allowing you to accommodate your teaching schedule.
Pros:
- Easy and convenient source of passive income
- Utilizes unused space in your home
- Offers flexibility and control over schedule and guests
Websites where you can offer your services:
- Airbnb
- VRBO (Vacation Rentals By Owner)
- Booking.com
- Homestay
Freelance consulting:
One of the best paying side jobs for teachers to earn extra money is through freelance consulting. With your expertise and knowledge in the education field, you can offer your services to schools, educational organizations, or individuals seeking guidance in areas such as curriculum development, lesson planning, or teacher training.
Pros:
- Utilizes your expertise and knowledge in education
- Provides flexible work arrangements
- Offers the opportunity to make a meaningful impact on the education system
Companies/Platforms for freelance consulting:
- Upwork
- Freelancer
- Fiverr
Online surveys or market research
Participating in online surveys or market research is another way for teachers to earn extra money in their free time. Companies and organizations are constantly seeking the opinions and insights of consumers and by participating in online surveys, you can share your thoughts and earn rewards or cash. This is a convenient and flexible option for teachers who want to earn some extra money from the comfort of their own home.
Pros of participating in online surveys or market research:
- Convenient and flexible – can be done from the comfort of your own home
- Easy to start – no prior experience or special skills required
- Provides a passive income stream – can earn rewards or cash without much effort
Companies/Websites to participate in online surveys or market research:
- Survey Junkie
- Swagbucks
- Vindale Research
- Toluna
Sell handmade or vintage items on Etsy or Ebay:
Selling handmade or vintage items on platforms like Etsy or Ebay is another way for teachers to earn extra money. If you have a creative hobby or passion for vintage items, you can monetize your skills by selling your handmade creations or vintage finds. By setting up a shop on these platforms, you can reach a large audience and earn extra income while pursuing your passion.
Pros:
- Flexibility to work on your own time and schedule
- Opportunity to monetize your creativity and passions
- Potential to reach a large audience and grow your business
Companies/Platforms to use:
- Etsy: An online marketplace for handmade and vintage items
- Ebay: An online marketplace for vintage and secondhand items
- Poshmark: A mobile app for buying and selling secondhand clothing and accessories
Affiliate marketing:
Affiliate marketing is another way for teachers to earn extra money. By promoting products or services on your website, social media, or blog, you can earn commissions for each sale made through your unique affiliate link. This is a passive income stream that requires minimal effort, allowing you to earn extra money while continuing with your day-to-day activities. It is a great option for teachers who have a strong online presence and a following.
Pros:
- Passive income stream: Affiliate marketing is a passive income stream, which means that you can earn money without actively working on it, once the links are set up.
- Flexibility: You can promote products and services in your free time and at your own pace, making it a flexible option for teachers.
- Unlimited earning potential: The amount of money you can earn through affiliate marketing is unlimited and depends on the amount of traffic and conversions you can generate.
Platforms for Affiliate Marketing:
- Amazon Affiliate Program
- Commission Junction
- ShareASale
Create an online course:
Creating an online course is another way for teachers to monetize their skills and knowledge. By using platforms like Udemy, Teachable, or Skillshare, you can create and sell courses on a topic of your expertise. This is a great way for teachers to earn passive income and reach a large audience globally. Additionally, creating an online course can also help you establish yourself as a thought leader in your field and enhance your professional reputation.
Pros:
- Monetize your skills and knowledge
- Earn passive income
- Reach a global audience and establish yourself as a thought leader in your field
Companies/Platforms:
- Udemy
- Teachable
- Skillshare
Participate in paid focus groups:
Participating in paid focus groups is another way for teachers to earn extra money. Focus groups are typically conducted by market research companies or businesses to gather feedback and opinions on products, services, or marketing strategies. By participating in these focus groups, you can earn a cash reward for your time and insights. This is a flexible and convenient way to earn extra money, as focus groups are typically held after work hours or on weekends.
Pros of participating in paid focus groups:
- Easy and flexible way to earn extra money
- Opportunity to provide feedback and insights
- Opportunity to learn about new products and services.
Platforms to participate in paid focus groups:
- Vindale Research
- Survey Junkie
- Toluna
- Ipsos i-Say
- Swagbucks
Offer pet-sitting or pet-walking services:
Offering pet-sitting or pet-walking services is a great way for teachers to earn extra money on the side. If you’re an animal lover, this could be a fun and enjoyable way to make some extra cash. You can promote your services through friends, family, or websites such as Rover or Care.com. This is a flexible option as you can choose the days and times that work best for you, making it a convenient way to earn extra money while still having time for your teaching job.
Pros:
- Flexibility to choose your own schedule.
- Ability to interact with and care for animals.
- Potential for repeat business from satisfied clients.
Companies and websites to consider:
- Rover
- Care.com
- Wag!
- Fetch! Pet Care
How Much Money Does a Teacher Make
The average salary for a Public School Teacher in the United States is $55,873 according to data from December 27, 2022. However, salaries can vary greatly based on various factors such as education, certifications, additional skills, and years of experience in the profession.
Despite the average salary, there are several reasons why a Public School Teacher may want to consider earning extra income:
- Cost of living: The cost of living in certain areas of the United States can be high, making it difficult to live comfortably on a teacher’s salary alone.
- Debt repayment: Many teachers have student loan debt and earning extra income can help pay off this debt more quickly.
- Savings for future expenses: Such as a child’s education, home ownership, or retirement.
- Improved quality of life: Having extra income can allow for more leisure activities, travel, or upgrades to your lifestyle.
Educate Yourself Further To Make More Money
If a side hustle is out of question but you still want to make more money as a teacher you could look into different kinds of educations to evolve your job into something better paid.
- Department head or department chair.
- Instructional coach or instructional specialist.
- Curriculum specialist or instructional designer.
- Administrator such as a school principal or district superintendent.
- Higher education instructor or professor.
- Private tutor or educational consultant.
- Educational technology specialist or edtech consultant.
Conclusion
In this article I walked you through all different methods about how to make extra money as a teacher and I hope that you got courage to try something out! Making money is not hard but it takes some time and motivation to be able to succeed and as you know by now that is what it takes with everything in life.
I hope you like this article and if you got any question leave a comment and I will answered them!
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