How to plan for retirement as an ELT professional

When you get into ELT, for most people the qualification sparks a life of travel and adventures. Unfortunately, living abroad, and typically on a lower income, can mean a lot of people in ELT fall through the cracks when it comes to retirement planning. Let’s look at what that looks like and how to plan for retirement in ELT.

How to save money in ELT

Yes, you can save money in ELT. It might surprise you to hear that plenty of people who earn way more, don’t necessarily save much. In fact, how good you are at saving has less to do with how much you earn and everything to do with money management and education. Most of us don’t get any education when it comes to money. But we can all start once we know a few things about how to save money, in ELT or any other field.

8 ways to earn more in ELT

To be brutally honest, you won’t earn very much as an EFL teacher. Private language schools mostly offer zero hours contracts or guaranteed but low-pay hours. EFL teachers who’ve got past the stage of just wanting to fund a couple of years living abroad need to earn more money to have a decent standard of living. Here’s how to earn more in ELT