Can You Make a Living as a Tutor?

Can You Make a Living as a Tutor? YES! You can make way more than the average wage working half the hours as a private tutor.

Can You Make a Living as a Tutor? How Much Money Can You Make as a Tutor?

Question: Is it actually possible to make good money as a tutor, regardless of the subject you teach?

[REMINDER]: Have you watched the free tutor training yet? If not, click here.

The answer is simple… Yes, you can make an amazing living as a tutor!

But how does it really work out financially?

For many educators who are contemplating a full-time career in teaching, where tutoring is a significant source of income, it can be daunting. Often, they are transitioning from secure day jobs that pay the bills, and the prospect of relinquishing that stability can be so intimidating that many hesitate to take the leap of faith.

However, let's break down the reality. There are two key points to consider:

Employment isn't as stable as it seems compared to running your own small tutoring business. When you're employed, you lack substantial control. Valuable employees are laid off or made redundant all the time, often through no fault of their own. Perhaps your company undergoes restructuring, or business takes a downturn, necessitating cost-cutting measures. You are at the mercy of the company and your boss, and that can be quite unsettling.

Compare that to running a tutoring business, where you have total control. Your business comprises various students who are your clients. The likelihood of all your students leaving you simultaneously is virtually nil. I can attest to this, having taught through two recessions. It simply doesn't happen. While you may lose students occasionally, you'll also know how to attract new students to replace them (if you're unsure about acquiring students, watch this free training). This option provides a more realistic sense of stability. Moreover, it offers much greater flexibility, including taking time off, adjusting your hourly rate, working more or fewer hours, and so on.
So, how much can you earn as a tutor? The big question. How much you can earn depends on several factors, such as your location, expertise, and the subjects you teach. You have the flexibility to earn more or less depending on how much you want to work.

Let's break down some numbers to provide you with an idea. In many cases, you can earn significantly more money as a tutor than in your current job. More importantly, you can use your passion to inspire others and look forward to your work every day!

First, determine your potential hourly rate, which may vary by location. Research what other tutors are charging in your area. New tutors often set lower rates, but my advice is to aim for the highest rate feasible in your region and then provide exceptional service. Do not undervalue yourself. There's a lot to consider regarding this topic, which goes beyond the scope of this brief article, as you may need to address psychological barriers, issues related to self-worth, imposter syndrome, and the art of delivering a top-notch service. However, trust me when I say that it's achievable.

Let's say you can charge $90 per hour (we have many tutors that charge this or more). If you taught for 20 hours per week, you would earn $1,800 per week. Assuming you worked for 45 weeks a year (allowing for 7 weeks of holidays), your annual earnings would amount to $81,000.

Keep in mind that you're only working 20 hours a week, while a full-time job often involves 40 or more hours. Additionally, we haven't factored in other potential sources of income, such as tutoring sessions and additional educational services. And on top of that, within Moxie, we show tutors how to use group teaching and build a team so they can vastly increase that income. So, there's massive potential to earn significantly more.

Hopefully, this helps you grasp how you can easily earn a good income as a tutor. It might also shift your perspective, making you realise that although venturing into the world of running your own tutoring business may seem intimidating, it can offer more stability and control over your earnings.

If you're ready to take that first step towards building a thriving tutoring business, check out our free "Private Tutor Masterclass" to learn the big 3 secrets that every tutor needs to know to succeed.