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Nicola

The “Start here” post

March 11, 2025January 13, 2025 by Nicola

What’s money stuff got to do with teaching? Nothing. But here’s how to not let ELT leave you in poverty. A collection of my most useful blog posts.

Categories investing, pension, saving Tags ELT, personal finance, TEFL Leave a comment

Financial resilience: how to build it

March 11, 2025December 16, 2024 by Nicola

In November, I was let down by two clients. One of them I write for infrequently and the other has historically been a big chunk of my Quarter 4 income. But, this year, they’ve offered far less work than usual and are now paying up to a month late because they have cash flow issues. … Read more

Categories saving Tags personal finance Leave a comment

Moving abroad? Here’s how ELT teachers can prepare financially

March 11, 2025December 4, 2024 by Nicola

Visa and ELT job? Check. Guide book? Check.All packed? But are you financially prepared for moving abroad? Here’s what to think about before you set off for your new ELT job abroad.

Categories financial health check Tags ELT, pensions, personal finance, TEFL, UK National Insurance Leave a comment

Retirement income: How to work out how much you’ll need

March 11, 2025December 2, 2024 by Nicola

Planning for retirement in ELT is a bit of a novel concept in itself as no-one mentions it much. So thinking about actual numbers for an ideal retirement income can seem a bit farfetched. Here’s how to work it out.

Categories pension Tags beginner investor, ELT, retirement, TEFL Leave a comment

How I benefitted from working with a financial coach 

March 11, 2025November 11, 2024 by Nicola

As an investing coach, why would I hire a financial coach for myself? Here are the two big benefits I got out of it.

Categories investing Tags ELT, personal finance, TEFL Leave a comment

Personal finance in ELT: How to learn what to do with money

March 11, 2025November 4, 2024 by Nicola

Time to start improving your finances? Here are the pros and cons of the main ways of learning about personal finance and money in ELT.

Categories investing Tags beginner investor, ELT, money mindset, personal finance, TEFL Leave a comment

The best business coaches for ELT, 2024

January 13, 2025October 28, 2024 by Nicola

If you want to upskill, earn more and run your own teaching business, here are the best business coaches for ELT in 2024.

Categories Earn more in ELT Tags Andrew Woodbury, Business coaches, ELT, Gydion Kummer, James Liu, Jo Gakonga, Lizzy Goddard, Ola Kowalska, Rachael Roberts, Sandra Pyne Leave a comment

The truth about passive income as a freelance teacher

March 11, 2025October 21, 2024 by Nicola
A lioness lounging on a tree, as an analogy for passive income

Passive income sounds like the dream, but is it all it’s cracked up to be and how can you earn it in ELT? 

Categories Earn more in ELT, investing Tags EFL, ELT, memberships, online courses Leave a comment

6 ways to stop worrying about money 

March 11, 2025October 14, 2024 by Nicola
A hand blocking a row of dominoes from falling into each other to indicate someone putting a stop to worrying about money

I meet people in ELT all the time who are absolutely paralysed by worry about money. The industry is largely to blame but, even so, there are practical things we can do to stop worrying about money.

Categories saving Tags ELT, money mindset, personal finance, stock market, TEFL Leave a comment

How to increase your pension in ELT

October 7, 2024 by Nicola
Woman holding a graph on a tablet showing an increase

If you’re worried you aren’t going to receive a high enough pension, here are some steps you can take to increase your pension in ELT.

Categories pension Tags ELT, personal finance, retirement, TEFL Leave a comment
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