Being a Teacher Won’t Make You Rich. Here’s Why You Should Still Think About It

Teacher in a classroom

There are few professions as rewarding as that of a teacher. With a career in education, you’ll be able to rest assured that you’ve had a major impact on the lives of countless individuals. Even though a career as an educator may mean that you’re always on a budget, here are the reasons we still think it’s worthwhile to get your online teaching credentials and become a teacher.

Every Day Is Different

One of the biggest problems with most jobs is the drudgery of doing the same thing every day. When you’re a teacher, every day is different. Kids are anything but predictable, and their energy and ingenuity will make every class feel fresh. No matter how consistent your materials are, the students will never cease to surprise you with their imaginations.

You’ll Never Stop Learning

Teaching is a great career for lifelong learners. There are always new strategies to tackle, and professional development is a major part of the job. There’s no such thing as a perfect teacher, so you’ll have the pleasure of constantly perfecting your craft.

The Effects Of Your Work Are Obvious

While all jobs contribute to society in one way or another, the effects of the contributions are not always plainly evident. With teaching, the fruits of your labor are right there in the classroom, smiling up at you with inquisitive eyes. You’ll see first hand how your methods have helped your students grow.

You Earn Trust And Respect

Everybody likes to feel appreciated. As a teacher, you’ll enjoy the esteem of your pupils and colleagues. By being patient and always caring about the kids, you’ll earn their respect and admiration. This, in turn, will make you feel better about yourself and the world you’re living in.

You Can Be Creative

When you’re a teacher, it’s on you to devise fun, workable lesson plans. This gives you ample opportunity to flex your creative muscles. From designing activities to inventing games, good teachers use their imaginations to bring flair into the classroom.

You Can Work Anywhere In The World

Teachers are needed all around the world, giving you an immense amount of flexibility. Want to live in your hometown? You can probably find a job with your former school. Hoping to travel the world? Become a teacher of English as a second language and make your globetrotting dream a reality.

You’ll Get Job Security

Once they’ve got tenure, teachers are afforded a remarkable amount of job security. This allows them to breathe easy, certain in the knowledge they’ll be able to support themselves and their families. With such a secure job, economic downturns and unforeseen disasters become much less scary.

You’ll Become Part Of Your Community

When working from home or commuting to a distant office, it’s easy to feel isolated from your community. When you work in the school, you’re a trusted and key component of the community’s pulse. You won’t go to the grocery store without seeing parents and students, and, as the years go by, you’ll even see former students carrying children of their own. 

You’re Granted A Certain Degree of Autonomy

Nobody likes working with an overzealous boss breathing down their neck. While teachers have to adhere to a curriculum and are subordinate to administrators, they’re still afforded a decent amount of autonomy to conduct their classes as they see fit. This allows them to break free of convention and do things their own way.

Summers Off!

While there are plenty of more noble, selfless reasons to celebrate a teaching career, there’s no sense in denying the obvious: Having summers off is a pretty awesome perk. Whether you use those free months to work a second job, travel the world, or lounge around at home, there’s nothing not to like about so much free time. 

There’s hardly anyone out there who can’t point to a handful of teachers who had a significant impact on their life. Much more than mere educators, teachers are role models, community leaders, and central figures in the lives of their students. Above, we’ve listed ten of the main reasons to consider a career in education. If you ask any teacher, they’d surely be happy to give you dozens more. 

Best Strategies on How to Improve Your College Studies – 2020 Guide

Best Strategies on How to Improve Your College Studies – 2020 Guide

Establishing how you can effectively study provides a solid foundation as you endeavor to attain academic success. From the how, where, and when, however, adopting a practical way to improve your college studies can be challenging. As you consider the best tips to help you strategize an approach to enhance your college studies in 2020, here are a few straightforward pointers you can include.

Establish your learning style

Do you learn well in a quiet environment, or do you prefer a noisy setup? We learn differently, and the critical consideration is to understand your preference and find a space that best suits your style. You can experiment with a few areas to find the best spot. The obvious starting point is the library, an area frequented by learners and equipped with various materials. While the quite environment might be the apparent choice, you could also try other areas such as less-trafficked cafeteria areas, among other campus spots. You could find that you are better off with a little noise while working on specific subjects, while others demand an environment such as the environment.

Learn how to manage your time

Do you spend half of your intended study time working on assignments you can hardly get through? Time management goes a long way in enhancing your productivity. For instance, instead of struggling with an assignment, it would help if you seek help from your peers or enlisted professional assistance from services such as Adeptassignmentdoers. This ensures that you spend as little of your session on assignments while getting adequate time to study and understand such challenging topics.

Set realistic goals

You won’t go from a C-student to straight A’s in weeks; it takes time and commitment. Having realistic goals, such as a few A’s and B’s, is a lot more practical, as you won’t be frustrated if, at the end of the semester, you aren’t on top of your class. With such goals, you’ll have an easier time scheduling your study sessions with a clear idea of what you intend to cover per period in a given week.

Stick to a study routine

You’ve identified the best spot and decided that the afternoon would be the best time to proceed. Now, here is the hard part; adopting the habit. Sticking to a routine, such as the same time throughout the week, makes it easier to include the tradition in your lifestyle. With such consistency, you also improve the session’s productivity as you’ll be mentally prepared. Even when hiccups hit and you are disrupted, it will be easier it get back on track and maintain the routine.

Prioritize challenging topics

Do you usually procrastinate whenever you hit a snag? That’s a typical behavior below-average students possess, a destructive consideration that could sink your performance a lot deeper. Prioritizing challenging topics allows you to study while still fresh while ensuring that you aren’t dwelling in comfortable areas.

Stay energized

Regular breaks, proper hydration, and ensuring that you are nourished go a long way in facilitating productive study sessions. During the holidays, take a walk, a snack, and keep water nearby. This ensures that you don’t feel overly tired and overwhelmed significant concerns that can affect your concentration. Enough sleep is also essential, stressing the need to maintain a study routine. This eliminates the need for the last-minute rush that could see you spending your nights struggling to cram as exams fast approaches.

Be actively involved

From being interactive in class and joining various study groups, taking the initiative could dramatically improve your performance. For instance, engaging other students through study groups keeps you on toes as you strive to ensure that you aren’t lagging. You also get a chance to discover tricks others use to enhance their studies.

Improving your college studies isn’t a walk in the park, but it is manageable with the right strategies. With the above tips, among others, you can tailor a practical approach that goes beyond improving your grades, enhancing your success rate as you endeavor to become a top college student.

3 Reasons a Degree in Finance Will Help Your Career

Finance is an area that many overlook when considering business majors, often scared off by talk of heavy use of math and statistics. Finance degrees, however, are one of the best options you can take when it comes to advancing a career in business, and here are three reasons why.

1. Finance Skills Are In Demand

One thing that’s rarely taken into account by students deciding on a degree program is how in-demand the jobs that their degree could lead to are. There are many degrees which lead to few careers outside academia, and while general business degrees offer flexibility, they sometimes suffer from the old “jack of all trades, master of none” problem. Finance, however, doesn’t have that problem, as the key skills and knowledge taught in finance degree programs are highly desired by companies large and small. Many financial careers are growing in employment at average rates or faster. According to data collected by the Bureau of Labor Statistics (BLS), the predicted growth in employment over the next decade for financial analysts is 6%, 7% for personal financial advisers, 7% for financial examiners, and a whopping 19% for financial managers. With the national average around 5%, these finance careers are eager to expand and bring in new blood. After all, the number of retirees among the baby boomer generation is only increasing, and they rely on the advice and knowledge of finance experts to remain well cared for as they live off retirement investments.

2. Finance Careers Pay Great

Of course, there’s also the real meat of the issue to address: most people work to earn money, and view jobs as being better if they earn more. If that’s your concern, then finance is still a great choice. Many finance positions have excellent median annual salaries, which can only go up as you acquire more experience, knowledge, and potentially even certifications. To give a few examples using BLS’s 2019 data on the careers mentioned before, financial analysts earn an average of $81,590 per year, with personal financial advisers earning $87,850, financial examiners earning $81,090, and financial managers making six figures at $129,890. Each of these is at least twice the national average salary, which hovers just under $40,000, allowing for a very comfortable lifestyle. Some of these careers, like personal financial adviser, can even let you work independently, running a business and setting your own hours. And again, these are just median salaries, meaning half of all people in these careers (usually those with experience) are making more than the figures listed. For those who are particularly ambitious, solid salaries like these make it easier to go back to school for a graduate degree, which can further open doors to higher positions.

3. Finance Helps Your Personal Life, Too

Personal financial literacy in America is disappointingly low, with few people truly understanding how the loans, credit cards, and mortgages they sign up for really work, and all of that was a contributing factor to the recession in 2008. While high schools across the states have made some shifts towards more personal finance education, that’s far too late for American adults.

For those who are earning a degree in finance, however, it’s not terribly difficult to take that corporate and business finance knowledge and turn it inward for use in your own personal life. Personal finance might sound rather unrelated to advancing your career, but it’s actually a key element. Imagine that a job opportunity comes around, but it would require moving cities, possibly to somewhere with much higher cost of living than where you are now. If you’re buried in personal debt, you may not be able to seize the opportunities that are right in front of you. Having your own finances in order, including things like retirement and savings, will also look much more appealing, enabling you to have a better chance at receiving a home loan, for example, and a larger one to boot. Keeping your personal life together is critical to advancing your career.

Finance degrees may sound a bit daunting at first, but the benefits of this particular business specialization make it well worth a try. It just might be a far better fit for your career and goals than you’d ever have imagined.

What to consider when choosing a college for your child

When your child starts to near the end of his or her high school career, it is the natural step to look into colleges for them. This is such a large step in their life journey and seems to cause a lot of stress. There are many things that you need to consider to make their college experience perfect. When looking into everything it is important to make sure that not only are you making the decision but obviously your child needs to be making the decision as well. You are the adult and know what’s best in the long run but your child is the one who needs to be happy where they end up. Please make sure to consider the following when looking into colleges for your child.

Money

The first thing you and your family may want to consider is what type of school you can afford. You are most likely on a budget. What are you willing to spend? Will your child be financing their tuition or are you going to chip in. All of this must be considered before looking into schools so their choices can be narrowed down. It would be awful for your child to fall in love with a school that you or he/she couldn’t afford. It is best to know your limits and go from there. There is a wide range of costs for colleges and universities. Some could be a few thousand a year but some could be $40k. There are ways to save some money, like state schools that offer savings to in state students or certain organizations that offer scholarships to students.

Location

Another factor that can narrow your search is location. Where would your child like to have their college experience. Would they like to be close by to you, or far away? Would they like to be in warm or cold weather? In the city or rural area? There are many types of colleges and universities in many different locations. It is important to look into location factors of each school to narrow down your search.

Size

Every child has different wants and needs and the size of school is one type of preference that can be different depending on the student. Some may need a smaller school to keep them on track with their grades and may not want to get lost in a crowd. Some however, may want the large school so they feel independent and free. Whatever their preference may be, it is important that they think about it and know what it is before picking a school.

All of these elements add up to your child’s perfect school. When considering these factors they will be able to determine what makes them happy and also what makes you happy. So be sure to discuss these topics when narrowing down your choices.

Five Twenty Nein

Baby Ninja decided to stop being a fetus ten months ago when he graced us with his presence last June. The second he breached the birth canal he forced Girl Ninja and I to start thinking about his future. The numbers 5-2-9 were no longer a sequence of three random numbers, but one of many ways Girl Ninja and I could begin saving for Baby Ninja’s future.

Apparently there is a good chance this human of mine could one day decide to go to college. Kinda like his mom and dad decided to do.

Oh crap. 

It was easy when I went to college. I just asked my parents to pay for part of it. My college to give me scholarship money. And the bank to loan me money. Easy peasy.

But now, here I am, 18 years away from potentially having the roles reversed.

Girl Ninja and I had to ask ourselves a question most parents do…

Should we start saving for college for our children? 

A few of the most popular ways to do this are:

Educational savings account- a tax free way to invest money for your child’s future education expenses. Could be used for K-12 as well.

529 Plan- similar to the ESA, has higher contribution limits, and no income phase out

Get Account- Washington’s 529 plan that guarantees your investment will keep pace with tuition increases. Basically you lock in today’s college prices for your child. Imagine if your annual tuition payments today were only $2,000 or so like they were 18 years ago. 

I’m sure there are many other options I am not aware of, but I don’t care to research or learn about them for one simple reason.

Girl Ninja and I have decided we aren’t going to save for Baby Ninja’s college. GASP!

That makes us like the worst parents in the world, right?

We came to this conclusion after considering the following things:

I’m a tuition bubble believer. 

The tuition increases we’ve seen over the last decade are unsustainable. If tuition continues to inflate 7% or more a year for the next 18 years, college will be so expensive that only the countries richest will be able to afford it. This bubble, like all bubbles, will eventually burst.

I’m not saying Baby Ninja’s tuition wont be more than it is today, but it will either be so expensive it would make no sense for him to go to school. Or, as I expect, the bubble pops at some point during the course of his youth, and future tuition increases are more in line with inflation (3%-4% per year).

The internet is a beautiful thing.

The internet literally makes life cheaper. Amazon forces retailers like Best Buy and Target to be more competitive in their pricing. I also expect the internets ability to provide access to information at little cost to have a dramatic effect on college costs over the next decade or so. Online schooling is still a relatively new thing, but twenty years from now, it will be so normal that brick and mortar universities will be forced to rethink their costs. Why would I go to University of Washington and pay exhorbinant fees, when (insert other college’s name here) is offering online courses for a fraction of the cost.

I expect this will also happen with real estate commissions. You hear that real estate agents. Your days (probably more like years) are numbered. Why should Agent X get a $3,000 paycheck on the sale of a $100,000 property, when Agent Y would make $30,000 on the sale of a $1,000,000 property. The work load is the same in either case. Fee for service will become the industry standard. Unfortunately, it’s gonna take a while before this shift happens.

Americans want their cake and to eat it to.

Much like the Affordable Health Care act has brought health insurance to the majority of Americans. I expect over the course of my lifetime politicians will socialize education. We recently saw Obama state community college should be “as free and universal as high school”. Expect the government to reform education.

What if Baby Ninja doesn’t want to go to college. 

Much like withdrawing early from a retirement plan, if your child decides not to go to college, you will be penalized for withdrawing your investments from a 529 plan for things other than education expenses. This isn’t a huge issue for me, but is still a concern.

Baby Ninja can pay for his own darn school.

I graduated college with $28,000 of student loan debt. That was above the national average for my graduation year. While being in debt was not a ton of fun, it taught me to appreciate money more and the importance of managing it. I don’t want Baby Ninja to grow up with a sense of entitlement. Maybe we will have so much money in the future we can pay for four years of Ivy league education for him. Or perhaps we will have a series of unfortunate events that will hinder our ability to help him financially. Either way, I want him to grow up knowing that nothing in this world comes free.

I’m happy to forfeit the college savings plans’ tax breaks.

At the end of the day, I just want options. I feel like the college savings plans are too specific and limited for me to commit a significant amount of money towards them each year. Instead, Girl Ninja and I plan to save for Baby Ninja’s college through general wealth building practices.

As you know, we have a taxable investment account. This is where we have been putting all of our discretionary income. As we grow this account, via contributions and investment appreciation, we should have enough money available to pay Baby Ninja’s tuition bills when they come due. What the taxable investment account lacks in tax savings, it makes up for in flexibility.

So there you have it. These are the reasons Girl Ninja and I have no sense of urgency in starting to save specifically for Baby Ninja’s college expenses.  Will he go to college? Probably. Will we have the financial capacity to help him? Probably. Is the 529 appealing to me? Probably not.

What say you? 

Things every high school senior should know about college.

I’ve been mentoring the same group of high school boys for four years. They are seniors now, and most of them are in the midst of receiving their college acceptance/rejection letters in the mail. At one of my recent Bible studies I asked the guys if they would be interested in doing a “college prep” night where I shared with them some insights on the college experience. Here’s what I’ve got so far to share…

Do look in to going to a public school. I made the decision to go private and man oh man did I pay for that choice. My school ran about $30k/yr, quite a bit different than the $5K-10k/yr public school options at the time. Looking back I wish I would have considered going to a state school. It’s okay though, I don’t regret my choice as I had the best four years of my life, but I SHOULD have explored public options more carefully.

Don’t drop out. Yeah that’s right. If you start college…finish. I can’t tell you how many kids I went to school with that didn’t come back after the first year. They paid $30K for that one year, and don’t have a degree to show for it. School can be hard, life happens, and money will be an issue, but you better do everything in your power to make sure you graduate from somewhere, even if it’s your local community college.

Do work part time. I don’t care if you are working 5hrs/wk or 40hrs/wk, but try and make some money. I know, being a full time student can be stressful, but I bet part of that stress comes from being broke. You don’t need to be earning enough to contribute to a Roth IRA (although that would definitely be sexy), I just want you to be able to cover the majority of your personal expenses (food, clothes, school stuff, etc). It also will give you something to put on your resume come graduation time. Think about it, if you were on a hiring panel would you hire someone who graduated college with a 3.5 GPA and no work experience or someone with a 3.5 GPA who also had a job during those four years? I’m going with the latter.

Don’t use that fricken credit card you signed up for. Yeah, that’s right. I’ve been watching you. Some dude at a booth said “Hey fill out an application for this credit card and we will give you this frisbee” and you filled it out didn’t you…DIDN’T YOU!? I too took advantage of a “free shirt” offer, but I actually lied on the application and input all fake info (which I think is actually a crime, but I didn’t know it at the time). Fortunately, I never accumulated a credit card balance while in school and you need to do the same. This is a non-negotiable. Credit cards can not be the means by which you provide yourself food and textbooks.

Do get good grades. Sounds like a no brainer right? But are you really applying yourself in all of your classes. I sure didn’t. In fact I got an A in Organic Chemistry, but a B in Introduction to Art. I picked and chose which classes I wanted to succeed in and where I was okay falling short. I wish I could go back in time and try just a little bit harder. When you graduate your GPA is going to be a huge bartering tool for you. Yes, your college GPA will become less important as you establish yourself in the work place, but until that time comes, it is your most valuable asset. If you graduated with honors don’t be shy about telling your prospective employers about it during an interview. It shows that you are dedicated to working hard and doing well.

Don’t grow up too fast. If you are the typical 20-something college student you have a responsibility requirement to act like it. Have fun. Pull stupid pranks on your dorm mates. Stay up really late and watch movies. Once you graduate college, you have to enter the 9-5 world, and let me tell you… it ain’t pretty. Midnight burrito runs are a thing of the past. Enjoy the college lifestyle.

Do take advantage of EVERYTHING your school has to offer. I was heavily involved in various college activities. Sporting events, clubs, organizations, all at your fingertip. There are so many FREE programs available to college students, you would have to be stupid to not take advantage of them. You aren’t stupid, are you?

Don’t take out $100,000 in student loan debt to become a teacher. If you know exactly what you want to do with your life (teacher, socialist worker, nurse, etc) then you need to think about the average pay for that position and how much student loan debt you will have. Don’t be naive and take out $25,000 each year in loans, only to graduate and become a Kindergarten teacher who makes $35,000/year (if you even get a job right away). You will literally be in debt for just about ever, and probably doomed to live in your parents basement until your 40.

Here is a general rule I would use; the total amount of your student loans should be less than what you expect to make annually in your chosen profession. If that’s not the case, change schools or change majors.

So there ya have it, some of my thoughts on the college experience. Take them with a grain of salt as they are only my opinions, and according to Girl Ninja, my opinion means nothing.

I’d love for you to share a few MUST SHARE items that I need to address when I meet with these high school kids. What is something that your 18 year old self would have liked to know?

I’ll still be so pissed if student loans are forgiven.

Back in the Occupy Wall Street hayday, Circa 2011, I wrote my 8th most popular post ever. It was simply titled “I’ll be so pissed if Student loans are forgiven“.

Yesterday I read an article by the New Yorker titled “A Student-Debt Revolt Begins“. Here’s a snippet from the article, but make sure to click through and read the whole piece.

On Monday, Heiney and fourteen other people who took out loans to attend Corinthian announced that they are going on a “debt strike,” and will stop repaying their loans. They believe that they have both ethical and legal grounds for what appears to be an unprecedented collective action against the debt charged to students who attended Corinthian schools, and they are also making a broader statement about the trillion dollars of student debt owed throughout the country.

If you took the time to read the whole piece, you’ll learn that it’s pretty clear Corinthian was likely not putting the students’ needs first. But then again, what would one expect from a for-profit entity? Of course the executives primary concerns are going to be how much money they will make, and how much money they can make for their investors.

It’s also abundantly clear Corinthian was taking advantage of the government’s generosity just as much, if not more, than they were taking advantage of their students.

Does this sound familiar? How about just a few years ago when all the financial institutions utilized predatory lending practices, knowing the fed was there to bail the bank out in the event the crap hit the fan.

Tons of upside. Virtually no downside. 

But to be honest, I actually feel for Heiney and think she should pursue legal recourse. If the college operated unethically, and the Dept of Education, requires that colleges do operate ethically, then I don’t know if the blame can necessarily be placed on her decision to enroll.

If she was deceived and lied to, how can I demand she pay back her loans. Lord knows if I was unknowingly ripped off, I’d like a chance to plead my case and get some type of relief.

BUT

Screen Shot 2015-02-25 at Feb 25, 2015, 11.20.55 PM

 

If she is successful in getting her student loans forgiven, then I would demand she forfeit any degree or credential she earned from her student-loan subsidized education.

I mean, her whole case is predicated on the fact that the school she attended sucked, wasn’t actually worth a single penny, and she feels her degree is useless.

Fine.

Give up the degree and I’m cool with you being able to explore student loan forgiveness.

Treat student loan forgiveness the same way that we treat foreclosures and bankruptcy.

I don’t get to revolt against my mortgage AND keep my house. No. The bank will kick my butt out, take back the house, and essentially forgive my loan (and damage my credit a good bit).

I don’t get to file bankruptcy, but keep my vacation properties, fishing boat, two dirtbikes, and $40,000 in personal savings. If I go to Bankruptcy court and convince the judge I can’t afford to pay back my creditors, the court takes whatever I do have, and distributes it amongst my creditors. My loan is forgiven, but I have to forfeit most of the things that debt allowed me to acquire.

So yes, even in Ms Heiney’s situation, as sad as it is. I will still be SOOOOOOOOOOOOOO pissed if her student loans are forgiven.

You can not have your cake and eat it too. 

Where do you see the student loan forgiveness issue going?

I think it’s inevitable and within 10 years student loan forgiveness will be a thing. And I’m sure it will be abused just like bankruptcy and foreclosure often are.

Heck, I’d take a damaged credit score for a couple years if it means I can swoop a free degree in the process.

*** keep in mind I graduated college with $28,000 of student loan debt, which was above the national average for my graduation year, so I’m intimately familiar with the “Frick, what did I do” feelings that come with a student loan obligation***