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Dave Ramsey Motivation – New Income Streams

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Earlier this year I wrote about opening up some additional revenue streams and taking me out of the mix.  Well, I am excited to announce that I have successfully done one of the two (not the way I had originally hope, but that’s still on the horizon.)  I mentioned earlier that I had volunteered to start teaching a couple of classes for our homeschool co op.  We don’t have a computer teacher, and I certainly qualify for that, and the increasing costs of having four kids in co op classes about made me choke this year.  So I signed up and was accepted and now will be teaching two classes this fall.  Great!  That should cover all four kids’ tuition.

But as I’ve continually been seeking other ways to make more money…I applied to teach the same classes online.  And as of yesterday I was hired!!!!  So I will be teaching one class this summer and then two in the fall.  Yeah!  So I’m doubling my “teaching” income and only having to create one set of classes.  This kind of feels like deja vu since I know Ashley just wrote about doing the same thing.

I can’t say just how much money I will make with these two new sides gigs (in addition to this new job and this new job,) as I get paid by the student.    But I’m hoping it will be enough to cover the kids’ co op tuition and help speed up the Student Loan debt that I will be laser focused on when these two jobs start.

Okay, the reason for the title…I read this article I stumbled upon recently stating 5 6 things Dave Ramsey said you should do to get financial freedom and then voila this happened.  So I think that type of thinking being in my brain has helped me ferret out any and all new possibilities.

Ok, one more thing, hoping to pre-empt some questions…

How am I going to continue to homeschool my kids if I keep committing to more work? 

I hope to spend the summer prepping for the classes.  I only teach 1 hour per week and then grade projects for each class.  So if I have my lesson plans and projects all ready, I am hoping that each class will take no more then 3-4 hours per week. Thus the desire for the littles, in particular, to do some extra camps this summer so I get plenty of time to focus!

What about your existing clients?  How will this affect your work with them?

With the one client that I have dedicated hours for, I have already cleared the actual “teaching” time with them so they know I won’t be available during those hours. Since it’s max of 1 hour per day for teaching, it really just like requesting a regular lunch hour. And the grading, etc. I can do anytime, even weekends when needed so won’t bump into regular working hours.

Hope this helps.  I am pretty excited about this new side to my “career” since I’ve been doing technical training for clients for over a decades now, eek, can’t believe I can honestly say decade…and homeschooling for 6 years, I think I am ready to take this on!


7 Comments

  • Reply T'Pol |

    This is really great Hope! S?nce you are good with kids, I am sure you will be a good teacher. Congrats!

  • Reply Walnut |

    Nice job, Hope! Things are really coming together for you right now!

  • Reply Ashley |

    This is awesome! Great job!!! Online teaching will probably come super easy to you (especially given your background training/expertise). This could be a possible side-stream of revenue for years to come if you like it and desire to stick with even after you’re out of consumer debt (which is SO SO close!!!) Really excited for you!!!!

    • Reply Hope |

      Thanks, Ashley. I’m actually pretty excited. I’m offering 4 different 6 week summer workshops that I’m pretty comfortable with and will be working on some more detailed ones for the full school year. It would be a really nice income addition, not to mention something I do already with my kiddos…

  • Reply Lizzy |

    Wonderful! I think there is a website called Teachers Pay Teachers…. I am not sure of the exact name…..where one can sell original lesson plans.

    • Reply Hope |

      Oooh, I’ll have to check that out. I’m putting 4 classes together for this summer, it would be cool if I could then sell them elsewhere…otherwise, I plan to reuse them year after year…good thing kids are always growing so I can have a fresh crop of students every year 🙂

So, what do you think ?