How Can Teachers Make More Money? Supplemental Income Strategies

24 May 2022
Teaching Tips
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LiveBoard Staff

Teachers are the lifeblood of our society. They help mold the minds of our future generations and prepare them for success in their lives. However, many teachers still feel undervalued and compensated unfairly even within modern society. If you’re a teacher looking to make more money, don’t worry – there are plenty of strategies you can employ! This blog post will discuss some of the most efficient ways teachers can make more money. Keep reading to learn how you can take control of your financial future!

What Influences a Teacher’s Income?

A few key factors influence how much money a teacher can make. The first is the type of school they work for. Private schools typically offer higher salaries than public schools. However, they also tend to require their teachers to have more experience. Additionally, teachers who work in high-needs areas or subject matter may be eligible for additional compensation.

Teacher high fiving her students

Another factor influencing a teacher’s income is the state or country they live and work in. Some states offer higher salaries than others.

Of course, the level of experience a teacher has can also play a role in how much money they make. Teachers who have been teaching for many years will typically earn more than those just starting.

So, How Can Teachers Make More Money?

Let’s turn this research into a practical manual that will become a cheat list for teachers!

#1 Pick Up a Side Hustle

In fact, there are many opportunities available for those who are willing to put in the extra work. You could start a blog and write about your experiences as a teacher. Some of the most popular platforms include Blogger, Medium, and Edublogs. You could also create a YouTube channel where you discuss various educational topics or offer tips for other teachers.

Another side hustle tip is creating customized lesson plans and materials to help other teachers in their classrooms. You could sell this stuff online through platforms like Teachers Pay Teachers or Etsy.

#2 Practise Tutoring

Tutoring is undoubtedly a great way to make extra income. You could offer your services to students in your school or district who need a little extra help. Try reaching out to parents in your community and see if they’re interested in hiring you as a private tutor for their children.

Online lesson with tutor

There are also many online tutoring platforms that teachers can join, such as Chegg and VIPKID. These platforms connect tutors with students from all over the world looking for extra help with certain subjects.

#3 Self-Educate to Boost Your Career

When asking yourselves, “How can teachers make more money?” don’t forget the importance of advanced degrees and certifications. Many teachers prefer going back to school to earn their Master’s degree or Ph.D. While this does require a significant investment of time and money, it can lead to a substantial pay increase down the road.

Additionally, many different certification programs are available that can help teachers boost their career and earning potential. For instance, states offer certification programs for teachers who want to become certified in a particular subject area. These programs can be completed online or through traditional brick-and-mortar universities.

#4 Don’t Underestimate Modern Technologies

There are many different online tools and resources that teachers can use to make more money in this day and age. For example, you could develop an online course teaching other educators about a specific topic or subject matter.

Virtual learning has grown immensely over the recent years. The impact of the global pandemic has made it even more popular. You could start offering virtual tutoring services to people who live in remote areas or even in different countries.

To master the niche of online tutoring, educators should be well aware of tools and platforms enhancing their services. Read more about it in our blog post “How to Become an Online Tutor in 2022? Secrets That Only Pros Know”.

#5 Engage More Students via Interactive Lessons

If you already have a group of online students, try to make your lessons interactive to engage more students. It will make the learning process more fun for them and help you get better feedback, and, as a result, attract new students. With this in mind, have a look at the tips below:

Use an Online Whiteboard

Are you still wondering how to earn more as a teacher? Incorporate online whiteboards, which are great because they enable live drawing and collaboration between the tutor and their students. Thus, both parties can see what’s being worked on as the lessons happen in real-time communication.

For instance, you can try LiveBoard. It’s an online collaborative platform that enhances how you deliver your online lessons. Check the platform’s built-in infinite canvas, a set of easy-to-use tools, and the ability to invite others to join and collaborate with you on the same board.

Moreover, many tutors use LiveBoard to record their lessons and later share them with their students.

Record online lesson via LiveBoard

Use Games and Quizzes

Games and Quizzes are a fun way to make learning more interactive and fruitful. Teachers can use them as a review tool or a supplementary resource for the lesson. There are many different games and quizzes for nearly every subject! But the best part is that teachers using LiveBoard can create their customized quizzes without leaving the platform!

Quizzes can be a great assessment tool to see how much students have learned and retained from the lesson. Besides, they can serve as a hint for teachers to check what topics they should focus on more during the next class.

Wrapping Up

So there you have it! Simple yet effective ways how to earn more money as a teacher. Of course, this is just a starting point – there are many other things you can do to bring in extra income. But these tips will help get you headed in the right direction. What strategies will you put into action today?

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