I was reading this article about how teachers are moonlighting, and it got me thinking that if only they were more "badass" they could make it with their teacher's salary:
https://www.nytimes.com/interactive/2018/09/06/magazine/teachers-america-second-jobs.html
From a teacher: In my experience, a large percentage of my teaching co-workers have always worked second jobs. It's not a new thing. LOTS of teachers have some sort of a second job in the summer, about 50% of the just-out-of-college-teachers have a second job during the school year, and about 30% of the older teachers with kids in college have a second income. What are they doing? A lot of them are tutoring, a lot have small businesses in the trades (painting, building decks, selling crafts on etsy), and a few work at the mall or waiting tables.
I'd say about 70% of my teacher co-workers are nija-level frugal on day-to-day things -- stocking up when groceries are on sale, DIYing projects at home, saving every month on a small salary. Most are not long-term oriented; that is, most tend to think "We have a pension, and it'll be fine" rather than crunching numbers while they still have time to put aside money.
Many people like to save money, not just cover their expenses.
Yes, that should be obvious on this board.
I also thought it was a weird photo essay. One young woman was taking home approximately 3x her expenses via her $48k teaching gig. I don't know why she was working at a movie theater and retail store when her expenses were only $1200.
With expenses that low, I bet she either lives at home with her parents OR she lives with a roommate ... and she's trying to move forward in the world.
Maybe some of the teachers on here can enlighten me. I always thought teachers salaries were based on working about 85% of the year? I thought the salary was based on having summers off and you have the option to do summer school programs increase your pay if you choose.
I'm in NJ, where the average teacher salary is about 58k. If that is for 85% of the year, the teacher could work the full year for over 68k (above my salary), which is not bad pay in Northern NJ.
Am I wrong on this assumption?
Yes, your assumption is wrong.
Yes, we have summers off, but consider what type of job a teacher can get for a two-month timespan. It's easy to get a summer job as a lifeguard or at a summer camp, and it's easy to get a job at the mall or waiting tables -- but those jobs tend to be part time, and they definitely pay less than a teacher's salary.
So to use your numbers, a teacher in your state earns about $5,800/month for 10 months a year ... but in the summer would probably earn $10-12/hour x 20 hours/week ... totaling less than $2,000 for the whole summer. Sure, a real go-getter may work at two part-time jobs, but then that person isn't available for the VOLUN-TOLD stuff that teachers do in the summer and doesn't do all the "get ahead" stuff that helps so much during the school year. Sure, that $2,000 is better than nothing, but it doesn't equate to working at full salary for the whole summer.
Some teachers work grading AP tests (or similar); that's a 3-4 day job, which pays a couple hundred dollars plus a mini-vacation to wherever the grading is being done. Other teachers are employed by the county to write curriculum, and that's at their regular salary -- again, for 3-4 days.