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Top 6 Alternative Income Options For Teachers

INCOME

Although the teaching profession can be challenging, fulfilling, and rewarding on many levels, its earnings often vary greatly. Factors such as working as a part-time teacher, full-time, or being a private teacher, can affect your salary in a certain way, as can your field of study and location.

In addition to low salary costs, being a teacher requires an advanced degree, which adds significantly to higher education debt. To prevent these and more factors from affecting your financial and life goals, be open to exploring other work alternatives to earn additional money.

1. Online Gambling 

We start with one of the most risky bets, but highly paid. Playing casino games online can be a great way to earn extra money, especially if you have remarkable gambling skills or perhaps great luck. We recommend it for statistics or logistics specialized teachers.

You should research and explore deeply before diving headlong into this world since gambling can be risky. Of course, once you have soaked up your knowledge about online gambling, you will be ready to start betting.

If you are considering entering this world, it will be crucial that you search for an online casino that is safe and reliable. And once you have found it, you can start choosing the game that are beginner-friendly. For instance, online casino roulette is available in practice play, meaning you can advance your roulette skills on the platform before betting with real money.

Finally, it is vital to remember that gambling is only a way of entertainment that can help when you need a couple of extra bucks. It should not be your full-time job.

2. Tutoring

When students have questions in class, who do they turn to? Probably you. A very profitable way to earn money is to provide the same service you give daily by tutoring after school. 

You can offer lessons in English, maths, history, geography or other subjects in which students may need extra attention. Given your knowledge and experience on the subject, you may earn anywhere from $14 to $60 an hour, even more. 

And you don’t need to limit yourself to in-person classes. Many sites on the internet offer online tutoring services. You can contact these sites or offer your services online independently to increase your funds every month.

3. Freelance Writing

If you are a teacher, you likely have excellent writing skills and experience in a specific subject. Exploit these skills and learn using independent writing. With freelance writing, you can generate income by writing articles or blog posts for niche web pages based on your field.

Given your experience and titles as a professional, you can market yourself and establish yourself as a writing expert. You can earn considerable amounts for each assignment. Rates typically range from $25 to $100 per blog post, or you can find rates per word up to $1 per word and even more.

4. Podcasting

The ability to talk for hours on a particular subject is a skill that many teachers have mastered. But just a few get the most out of it. Podcasting relies on a set of communication skills basic for education, so you’re pretty good in that area.

However, this is a long-term plan. Reputation, experience, and credibility are vital for podcasters. They need all this to start collecting the checks this alternate job brings.

Once you develop a community and attract a large audience, you can attract some sponsorships and podcast advertisers or earn through affiliate marketing. You can also ask your audience to donate to fund your podcats through payment platforms like Patreon. 

Profits can range from a couple of hundred dollars to several thousand dollars. It is a risky bet, but if it goes well, you can make a full-time living from it.

5. Teaching Workshops

If you are a teacher with tons of experience in  education, why not continue teaching but in a different way? One of the extra jobs for teachers is conducting workshops.

Think of something you could teach based on your knowledge and experience. You can continue to practice education in personalized workshops. You could earn money teaching workshops depending on the area and the number of attendants.

If you teach woodworking at school, why not think about branching out and teaching others your expertise. You could help people of many different ages, especially if they are looking to start a business in DIY or just want to save some money by doing their own maintenance and repairs.

Just make sure that you have the appropriate equipment from a vibrating saw to a chisel, all of it is essential when teaching people to be more self-sufficient. Education is not just about the pen and paper. It is practical and dynamic, helping so many people achieve what they want to without the issues they have had before.

You can also consider creating your workshop or online course. And you don’t need to do much more than review your old lectures to tailor a complete teaching plan. You can create specialized lessons with different levels of expertise and difficulty and charge per lesson or package.

6. Consultancy

Depending on the career you have studied and your years of experience, you can use your professional skills to offer consulting services for companies, government entities, or non-profit organizations. Consider consulting as a class where you can help those in charge of a project better understand how to achieve their objectives. As a consultant, you may be considered a small business and set your rates, generating anywhere from $25 to $80 per hour.

In addition, also consider combining consultancies with other entries on the list. For example, offer a discount on a lesson you have online after a consultation or offer workshops for the company. You can gain experience, recognition, and, of course, a juicy extra check.

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