March 15, 2016 – TEFL teaching is a truly rewarding job. You explore different countries, experience many different cultures, meet new people and teach other people how to speak English. The rewards of TEFL teaching are way beyond the wallet. However, people still do care about finances as they are an important part of life. Just know that through TEFL teaching, it’s not just all about fun times and hard work but you will see be exposed to numerous money saving opportunities as well.
You need to pay the bills and that is understandable. Here are some ways you can save and earn more money while teaching English abroad.
- Get a TEFL Certificate. The biggest benefit you can get from obtaining a TEFL certificate is that it will basically qualify you for a wide number of teaching jobs at any part of the world. This means that you have a high chance of getting high paying jobs. Also, keep in mind that schools and language institutes nowadays don’t just grab English speakers from the street and make them teachers, they hire ones who are qualified and are professionally trained. Having a TEFL certificate enables you to take paid Thailand teaching jobs.
- Go to Asia. East Asia, Southeast Asia, the Middle East, or just Asia as a whole can provide you with multiple money-saving options. In Europe or Latin America, you may just earn enough to keep you sustained but in countries like China, South Korea, The U.A.E and Thailand, you may be able to save from $200 to $2000 a month.
- Give private lessons. You will be able to earn extra money by teaching private English lessons to kids. Parents would pay a lot for private lessons. And if you happen to be at a country with a high demand for English teachers, you may be able to make an extra $10,000 or even more in a year.
- Live like a local. Yes, the costs of living in other countries may be considerably lower than in the US, Canada or the UK. However, that doesn’t mean you should live like a king. You can save much more if you live like a local. That means using public transport, haggling, knowing where the cheaper markets are and avoiding fancy restaurants or bars or places that cater to ‘tourists.’