Teachers occupy the most significant part of everyone’s early growth stages, preparing and equipping individuals as they bloom into adulthood. Nevertheless, there’s no denying the challenges despite the many social benefits of working as a teacher. In fact, teaching is among the most underpaid professions for college graduates. Many teachers today complain of poor work conditions, extreme workloads, and underpayments.
Fortunately, teachers have more versatile work schedules, offering sufficient spare time to engage in passive income-generating opportunities. Not all teachers have the same talents or interests; therefore, choosing the right option that favors your preferences is paramount. But if you have the zeal to learn and the determination to earn, you cannot go wrong with the following passive income-generating ideas.
What Is Passive Income for Teachers?
A passive income opportunity for teachers is a job or business alternative that generates additional income with minimal financial input and physical effort. It could be any job or business conducted online or offline that does not interfere with the teacher’s routine programs. Many such opportunities are available today, covering various industries and niches. Some teachers already earn an extra passive income by taking advantage of these opportunities.
As long as the job or business you do alongside teaching does not require continuous physical involvement, it qualifies to be a passive income opportunity. But remember that some options you tend to see online can be demanding and unsustainable, so you must be very careful about your chosen strategy and invest in the right approach. It’s illogical to opt for opportunities that require more input yet generate low outputs. Research the passive income opportunity to know its demand, compatibility with your teaching profession, and sustainability.
How Can a Teacher Earn Extra Money?
There are a plethora of ways a teacher can earn a passive income both online and offline. Most passive income generation methods require skills, deep industry knowledge, tools, and capital. As a teacher, you can use your computer skills and English knowledge to create training courses, eBooks, blogs, and articles, which you can sell to earn an income. Teachers can also create YouTube channels, showcase their creative knacks to the world, and make an income by monetizing their channels.
If you’re an expert reviewer and tester, you can earn an income by testing and reviewing products, gadgets, and programs. Teachers with web development and design skills can also offer their services to willing clients in international marketplaces. Those with excellent marketing and sales experience can start dropshipping or Amazon reseller businesses. The more radical teachers can showcase their talents and skills on TikTok and Instagram to earn passive income through sponsorships, endorsements, and brand ambassadorships.
You can also sell photos, goods, and services online to earn a passive income. Those considering venturing into the real estate industry can offer rental houses for others to live in. Peer-to-peer lending is another lucrative passive revenue-generation method for teachers worth exploring if you can afford it.
Passive Income Strategies for Teachers: Types of Passive Income
Supplement your teaching income with the right strategies. Many opportunities exist for teachers to earn a passive income, but below are the most sustainable and reliable options.
Start Affiliate Marketing Business
Affiliate marketing requires no complex skills or substantial upfront investment, and it offers a flexible way to generate a passive income with minimal involvement and low financial investment. Anyone can follow this strategy, provided they meet the minimal requirements to participate in the affiliate program. The following are effective ways to earn an income as an affiliate marketer:
- Share the affiliate link on your niche website. Niche websites are potent ways to gain authority and rank on search engines.
- Add the links to your product or program reviews. If you focus on writing personalized and professional product and program reviews, you can earn a commission by adding affiliate links to the reviews.
- Share the affiliate links in the emails you share with your subscribers. Promoting the products and services from your affiliate program can attract massive buys from your email subscribers.
- Finally, don’t forget to add affiliate links to the video content you share on your YouTube channel or TikTok account.
Online Courses
Are you a skilled multilingual language teacher? Or are you a professional carpenter, electrician, or plumber? Are you good at offering detailed instructions and guidelines on how to solve complex problems? You can earn passive income by teaching people these skills. As a teacher, you can use your in-depth language skills to develop eBooks and training programs, which you can sell in different online marketplaces to earn passive income.
The basic equipment required to record training courses includes a camera, microphone, video editing software, and a tripod. Ensure you effectively market your online course on multiple ad networks, including YouTube, Google, and Bing. With YouTube, you can monetize your content to generate more passive income with minimal effort. You must use well-known platforms such as Udemy to brainstorm content ideas and connect with a wider content consumption audience.
Start a YouTube Channel
YouTube is among the most well-known websites in the world, receiving monthly traffic of over 2.6 billion. Over 51 million YouTube channels exist, but only a fraction meets the minimal monetization requirements. As a teacher, you can benefit from this by launching a YouTube channel from which you can share your captivating videos to enlighten and educate your target audience.
While getting started as a YouTuber, identify a niche, ensuring it is something you are interested in and are good at. Ensure the content you share on your YouTube channel meets the highest quality standards, both visually and value-wise.
Don’t shy away from engaging your audience, as that considerably affects the success of your business. Respond to criticism professionally and encourage your viewers to share their comments. Many viewers will only thumb up content that resonates with their needs and preferences. Try to introduce new ways to attract new subscriptions and views, especially by offering rewards to the most active users.
Avoid sharing plagiarized content, which could lead to YouTube flagging or even shutting down your channel. Remember all the YouTube terms and conditions when creating and sharing content.
Start A Blogging Business
In this digital era, blogging is one of the best ways to share knowledge, connect with the right audience and generate income. Bloggers are some of the top-paid online workers. Some even generate a five-figure income, working less than 70 hours a week. What teachers need to succeed as bloggers is the right strategy, expertise, and passion for creating high-quality content that delivers value to readers.
You can earn passive income from blogging by running a monetized personal website or writing paid blog posts for others. Starting a blog from scratch may seem more viable for teachers, but it requires a lot of research, time, and money. If you have enough money to cater to the complex process of developing a high-quality blogging website, don’t forget to create a marketing campaign and publicize it on the right channels.
For teachers who don’t have the resources and time to create their blogs from scratch, you can work for established bloggers. Nowadays, many marketplaces, content mills, and blogs regularly share job opportunities for aspiring bloggers.
Start and Run a Human Resource Agency
Teachers could also earn a passive income running a human resource agency. Human resource recruitment agencies help companies find the right talent, reducing the time wasted manually evaluating and selecting candidates. Many companies outsource talent-finding tasks to these agencies as they make the process faster and less expensive.
Today, recruitment agencies have found favor among employers because they help them find the most competent candidates for the target positions. This strategy doesn’t require full-time involvement and is one of the most promising income-generating opportunities for teachers. All it takes is the right team skilled in assessing human resources and a website to market the job offers. To succeed in this sector, ensure you work with a qualified team with extensive knowledge of worker assessment.
Respond to Surveys and Get Paid
As companies work towards making data-informed decisions, the demand for data grows. Many organizations and firms seek data from different sources, including survey panels such as Pawns.app. Survey panels act as the medium between the company seeking data and the data providers, offering payment for all the surveys you complete successfully. Per-survey pay rates depend on the company you work with and the variety of surveys you take.
As survey panels become popular, the number of fake and unreliable panels keeps increasing. Therefore, researching every survey panel’s credibility before registering an account would save you a great deal of time. Find out more about the types of surveys they offer, the pay rates, the payment terms, and how often they pay their panelists.
Share Your Internet Traffic for Money
Thousands of people are now earning an income by sharing their unused bandwidth. Teachers can also start earning a passive income by sharing the bandwidth they don’t use. Apps that pay for sharing internet traffic, like Pawns.app, demand almost nothing from users. The only requisite is installing and running the app on your mobile or desktop device. Earnings depend on how many hours the app runs from the background of your device.
You can maximize earnings by keeping your internet-connected devices running for longer hours. Install the app on various gadgets connected to the internet to maximize profits. Depending on the internet-sharing app you use, you could earn up to $10 per month on a single device.
Other Ways to Make Extra Money as a Teacher
These aren’t the only ways a teacher can generate additional income by doing things they love online or offline. Teachers can convert their spare time into passive earnings in many other time-proven and sustainable ways. Choose one or several of the passive income-generating ideas below to supplement your income.
Become a Digital Marketer
Teachers who are naturally fluent in languages could make excellent digital marketers. Digital marketing involves the sale of digital products and advertisements. As a digital marketer, you can run your ads on different platforms, including social networking sites and PPC sites. Take advantage of well-known and trusted digital marketing platforms such as TrueNorth, HubSpot Marketing, Hootsuite, MailChimp, and Salesforce marketing.
Pick platforms offering various services, including SEO optimization, email marketing, and social media management, to optimize your digital marketing success. When choosing a platform, keep your marketing budget and needs in mind.
Become a Virtual Assistant
Virtual assistants offer administrative and technical services to target clients remotely. Since administration is part of everyday teacher work, you can start in a few days. A virtual assistant can operate as an independent contractor or work under virtual assistant agencies. Teachers that want to work as virtual assistants must learn basic skills such as scheduling appointments and meetings. You can access multiple digital resources to evolve your game and offer your clients effective digital virtual assistance solutions.
Essential skills required to work as a virtual assistant include computer operation, organizational, communication, interpersonal, time management, and multitasking skills. Complete the proper certifications to boost your eligibility for virtual assistant jobs and attract more suitable clients. You should join virtual assistant organizations to get access to more networking opportunities and nourish your professional skills.
Sell Your Teaching Resources
Many reputable platforms are available where teachers can advertise and sell teaching materials and resources. Platforms such as Teachers Pay Teachers allow teachers to sell professionally-developed teaching resources online. Basic materials educators can sell include but are not limited to presentations, printables, worksheets, quizzes, lesson plans, lectures, and creative works. They pay via PayPal monthly, but they also support Dwolla payments.
Other credible websites to sell your teaching materials are Teacher Lingo, Educents, and Etsy. Many teachers earn substantial amounts of money selling their digital products on Etsy. You can also discover many educational listings for teacher resources and homeschooling parents.
Buy and Sell E-commerce Websites
Do you have a knack for e-commerce website creation? Can you develop professional websites from scratch? You can convert your expertise in web development into money by creating and selling websites. You can pick from the many reputable sites and platforms that offer a chance for you to sell your websites. Finding clients for your pre-built e-commerce stores on different platforms, including social media networks, is possible.
Shopify’s Exchange is one of the best marketplaces for pre-built e-commerce stores. This platform allows you to easily sell all your newly-developed online shops in just a few steps.
Sell Your Photographs
Photographers don’t necessarily need to work full-time to earn a living. In other words, as a photographer, you can still sell your creations to make a passive income. Many canvas printing, stock image sites, and magazines allow you to sell your photography work. Take your time to shoot high-quality photos and sell them on stock photography websites to generate money through royalties. When listing pictures on stock photo sites, you have to keep several things in mind:
- You cannot set the price for your photos
- These websites pay on a commission basis
- Most stock photo websites require a certain level of exclusivity
- You have the right to all the images you sell on stock photo websites
License and Sell Audio Tracks
Anyone with good musical and audio creation skills can create and sell audio tracks. People are continually searching for viable ways to brand themselves, and using audio tracks is one of the most effective and reliable ways.
Platforms such as Audiosocket and SoundCloud allow you to conveniently distribute any audio track you’ve created to willing clients to earn royalties. However, to succeed as an audio track creator, you must know the audience you want and produce content that attracts their attention. Once you understand your target audience and identify a niche, build a portfolio of tunes — experiment with multiple products, including mixing samples, intros, full albums, and outros.
Conclusion
These are the most sustainable ways to earn a passive income while working as a teacher. Different opportunities for teachers require different skill levels and resources. Consider your teaching work schedules when planning to begin a business or take part in a passive income endeavor. Refrain from wasting time or money investing in a strategy you lack passion for and cannot commit to, as this won’t deliver the extra income you seek.
FAQs
What Are the Best Digital Marketing Part-Time Jobs?
As a digital marketer with great experience and knowledge, you can convert your skills into passive income by engaging in varied business deals and performing different jobs. One of the most profitable digital marketing jobs you can try is working as a content strategist. As a content strategist, you must know about developing promising and suitable strategies that align with customer needs and business goals. Other best positions you can serve as a digital marketer include offering email marketing, SEO specializing, and digital analyzing services. You can as well provide digital marketing and social media management services.
How Much Does a US Teacher Make Annually?
According to data on ZipRecruiter, United States teachers make an average of $32,927 per year. The best-paid teachers earn $54,000, while the least-paid make $15,500. The salary variations depend mainly on the teacher’s skills, experience, and location, with some states offering higher pay rates than others.
Westhampton Beach, NY, East Hampton, NY, and Port Chester, NY, offer the highest-paid teaching opportunities. This fact means New York State tops the list of the US states offering the highest-paid teaching job opportunities.
Are Writing Jobs in Demand?
Despite the emergence of chatbots, which has rendered many online workers jobless, the demand for high-quality written content is still high. In fact, the need for top-quality writers has increased tenfold since AI content generators appeared. If you have expert-level copywriting and speech-writing skills, you can be sure of winning multiple well-paying writing projects. Of course, you must write high-quality pitches and apply them to the right writing projects.
Is Passive Income for Teachers Truly Passive?
It is! Apart from their salary, any money a teacher generates from other businesses or jobs without their full involvement qualifies as passive income. However, any position or company requiring a teacher to be present most often cannot qualify as a passive income-generating opportunity.
