While teaching English abroad, many educators prioritize living comfortably and experiencing the local culture without financial constraints. To maximize savings and enjoy a fulfilling lifestyle, consider the following steps:
- Choose destinations known for higher TEFL salaries, such as East Asia or the Middle East.
- Be open to various teaching opportunities in different countries.
- Adapt to local living and shopping habits to reduce costs.
- Consider taking on private students for additional income.
- Think about sharing accommodation with a roommate.
Preparation before departure and smart decisions after arrival can significantly boost your savings.
Table of Contents
Will a TEFL certificate help me earn more while teaching English abroad?
How will my choice of TEFL destination impact on how much I can save?
How can I earn extra cash while teaching English abroad?
How can I save money on accommodation while teaching English abroad?
What else can I do to save money while teaching English abroad?
Will a TEFL certificate help me earn more while teaching English abroad?
Holding an internationally recognized TEFL certificate significantly boosts your earning potential while teaching English abroad. Many top-paying countries now expect educators to be TEFL certified. This certification not only expands your job opportunities but also signals to potential employers that you are dedicated and well-equipped to deliver high-quality instruction to students.
How will my choice of TEFL destination impact on how much I can save?
Your TEFL destination plays a pivotal role in determining your savings potential. While European destinations like France, Italy, or Spain are alluring, their higher living costs can limit monthly savings. For substantial savings, consider Asia or the Middle East. Countries like China, South Korea, Saudi Arabia, and the U.A.E. often offer benefits like free housing and paid airfares, coupled with competitive salaries. Many teachers in Asia save around $500 to $1500 monthly, while those in the Middle East can potentially save even more. Your destination's cost of living and local benefits are crucial factors influencing your savings as a TEFL teacher.
How can I earn extra cash while teaching English abroad?
While teaching English abroad, one of the most lucrative ways to earn extra cash is by offering private lessons during your free hours. In countries like China, South Korea, Taiwan, and Japan, there is a high demand from parents seeking additional English tutoring for their children. Rates for these lessons can range from $20 to $50 per hour. Europe also presents a robust demand for private English tuition, making it an ideal avenue for teachers to supplement their income, finance further travels, or boost savings.
How can I save money on accommodation while teaching English abroad?
While many teaching positions abroad offer free or subsidized housing, accommodation remains a significant expense for many English teachers. A practical solution to minimize rent and utility costs is to share an apartment or house. Often, fellow teachers from your school or other locals are open to such arrangements. By opting to house share, either with colleagues or with local residents, you can substantially reduce your living expenses and save more during your teaching stint abroad.
What else can I do to save money while teaching English abroad?
For teachers arriving in Asia, the low cost of living in comparison to western countries is a big factor in your ability to save money during your stay. However, new arrivals often find themselves only socializing in bars and restaurants aimed at foreigners, and subsequently paying inflated prices for everything from food and drink to everyday groceries. To enhance your ability to save your hard earned wages it is easy, and often more rewarding, to shop at local street markets and hangout in establishments aimed at a wider audience.
