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Teach Abroad Blog

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Tips for Making Extra Cash to Fund your TEFL Course

Tips for Making Extra Cash to Fund your TEFL Course

So you’re saving up to study a TEFL course but you feel like your savings just aren’t going to cut it. You need to make some extra cash so you can fund your course and be on your way to reaping all the benefits that a TEFL qualification can bring you.

So what are the best ways to make money? Unfortunately, very few things in life come with little effort. But there are some things you can do to boost your cash flow and fund your studies.

piggy bank compressor

Sell your Stuff

Let’s face it, we’ve all got wardrobes and cupboards full of stuff we no longer want or use. So instead of it lying there gathering dust, consider selling it. You’d be amazed what people will buy. Go through your wardrobes for old clothes and shoes. The better the condition, the more money you’re likely to get for them. And if you have any designer or brand named items, you might find that there’s more demand for these.

Before you sell any of your gear, do a quick search online to see how much other people are selling similar items for. This will give you a better idea of how much you could get for yours. Try listing your items on sites like Ebay or even pack up your gear and head to your local car boot sale. Car Boot Junction offers a list of car boot sales across the UK, where you can search by county for sales near you.

Pink tag sale

Rent Out a Spare Room

This will probably work best if you own your own flat or if your landlord is someone you know. However, even if you don’t you can still explore this option, providing you have permission from your landlord. But if you have a spare bedroom, or even a box room, you can make some pretty serious cash!

Sites like airbnb allow you to list your available accommodation and you choose how much you rent it for. If you’re in a large city or an area where there’s a major event happening, you can rent it for even more. Annual events like the Fringe Festival in Edinburgh can cause hotel and hostel prices to soar dramatically, so do your research and price accordingly. Even if you’ve got a one-off event, such as, you know, a royal wedding, the price people will pay for a room is likely to astound you.

contemporary prints and posters

Be a Tutor

Tutoring is a fantastic way of making money. And if you’re looking to study a TEFL course, tutoring can give you added teaching experience that will be looked on favourably by your future employers when you’re finally qualified to teach English to foreign language speakers.

Advertise your services in your local newspaper or library. You can set your own hourly rate based on your qualifications and experience but it can be a good idea to research the going rate for your subject and expertise to make sure you’re charging a fair price.

alphabet class conceptual 301926

House or Pet Sitting

Lots of people prefer to leave their house or pet in the hands of someone they trust when they go on holiday, rather than putting their pet in kennels and leaving their house empty. Sites such as Trusted Housesitters pairs up people looking for a house sitter with people looking to house sit. You can make some pretty good money doing this and it can be a fun experience.

On the other hand, and if you love dogs, dog walking can be a fun way to make some extra cash. People who work all day or are unable to get out often need someone to walk their dogs. Check with people you know and advertise your services in your local vets. Some vets will also be interested in getting contact details for house pet sitters as well, as their clients will often ask for recommendations.

house

Sell Your Old Phone

Most households have a potential gold mine, most likely gathering dust in a cupboard or drawer. Rake through your house for old mobile phones and you could be quids in. Check with the rest of your family to see if they’ve got any phones they don’t use anymore and ask if you can sell them. If you’re lucky, they might even let you keep the money you make! Sites like Music Magpie and Mobile Cash Mate will buy your old phones from you.

With Music Magpie you could get rid of all your old CDs and DVDs in return for cash too. So, you’ll be clearing out clutter as well as making money!

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