Note: This page contains affiliate links to services that I use and if you purchase something I make a commission at no extra charge to you.
Teachers work really hard, and it’s not just during the school week. If you are a teacher or know someone who is then you will know exactly what I mean and yes, we do get a lot of holidays but a significant part of that time is spent preparing for the next semester and organising the classroom so it is a continually engaging space for our students.
Teachers love their job, and definitely don’t do it for the money, which is pretty evident in pay rates across the country and world. As teaching is a job that never really stops, even when you’re out of the classroom it makes it hard to manage any other business ideas or side hustles you have.
This guide is here to help teachers create significant passive income so you can focus on what you love – teaching your class.
It doesn’t matter if you work full time, part time or as a casual, relief or temporary teacher. Use this guide to help create some passive income strategies that are truly set and forget.
Blogging and Marketing
If you love sharing your knowledge and passion for the profession of teaching then a blog is the perfect place to build an audience of like minded people. You can share ideas and resources and if you have a large enough following, make money from advertising or offering your expertise. I host all my different blogs and websites using Bluehost because they are easy to use and cheap! Sign up using my unique link to get a free domain and 24/7 support for just $3.95 a month.
Once you have an established blog, Amazon Associates is a great way to monetise all your hard work. You can sign up for the program here and direct your readers to products you enjoy using while making a percentage of each sale. If you have consistent traffic you can make money for doing absolutely nothing!
If you like taking photos then there is money to be made. Upload your photos to a service such as EyeEm or iStockPhoto set your price and wait for the cash to start coming in. Remember that if you like taking photos of your school that you will need permission from the faces in your shots.
If you love making and sharing resources and lesson plans you create for your classroom then why not make some money from it. Every teacher needs to have a good back up lesson or worksheet for an emergency and you can charge significant prices for whole units or work as well. All you need to do is upload your design, lesson or worksheet to a marketplace such as Teachers Pay Teachers or Etsy and enjoy a nice little deposit into your account every month. Some teachers have even quit their jobs to make resources full time from home.
Airbnb is another passive strategy to generate income. If you have a spare room, or travel during the school holidays then you have square footage that is just waiting to make money for you. You can be as involved in letting your space as you would like – whether you want to meet your guests and show them around or offer a self check-in service, it’s totally up to you! Sign up to host you space here.
Hopefully my fellow teachers, these ideas will help start your journey to successful passive income so you can spend more time doing what’s important, teaching your students!