These 33 tips for buying teacher clothes on a budget will help educators look great and save money this school year! Teachers need clothes that are both functional and school-appropriate, but building a professional wardrobe on a teacher’s salary during a time of rising prices and inflation can prove challenging–especially when many new teachers won’t…
Online grading jobs for teachers give you the opportunity to earn extra money doing something you already know how to do. The flexibility of working from home and setting your own hours are additional benefits to the extra income that online grading jobs provide. Can you make money grading papers online? Yes, you can make…
A flexible spending account (FSA) enables teachers to set aside pre-tax dollars for dependent care and medical health care expenses that are not covered or reimbursed by insurance. In this way, we reduce our taxable income and pay ourselves with pre-tax dollars. Any time we can reduce our taxable income and pay for necessary expenses…
Teachers need to have supplemental retirement accounts in addition to their state retirement pension, and a Roth IRA is a good choice for teachers for several reasons. What is an IRA? IRA stands for Individual Retirement Account, a type of investment account designed to help individuals save for retirement. An IRA offers tax benefits to…
Teachers should review their personal finances every year to assess their income, expenses, and savings, and make any necessary adjustments to their spending or saving habits. The end of the year is a great time to conduct an annual personal finance review! Why is an annual review of your personal finances important? Conducting an annual…
Finding the right marketplaces, creating buyer-friendly listings, and providing excellent customer service are the keys to reselling successfully and and building a customer base. Numerous site-based and online marketplaces exist where you can sell items to make extra money, and potential buyers are out there for anything you want to sell. This article focuses on…
We all want to get the highest possible interest rate on our savings. Although all of us want to have cash readily available to use when an unexpected expense or emergency arises, low interest rates pose a challenge when it comes to finding the best place to keep your cash supply until you need it….
For most of us, utility bills and related household expenses make up a large portion of our monthly expenses. For this reason, taking steps to lower utility costs provides numerous benefits. Small savings add up over time, and you can put the money you save toward paying down debt, building up your savings, or for meeting other financial goals. The following ideas will help you get started lowering your monthly utility bills.
Time is one of a teacher’s most precious–and scarcest!–resources. For this reason, we need to save ourselves as much time, money, and energy as possible by putting financial tasks on autopilot. Habits vs. decisions–the first we don’t have to think about, which makes them so difficult to break, and the second wears us out, using…
Living on a teacher’s salary isn’t easy, yet taking control of your money and effective financial planning depends on spending less than you earn. For this reason, if you track your daily spending and expenses you will gain valuable insight about your finances and spending habits. Even if you think you have a good idea…
