Becoming Debt Free in 2009

November 4, 2008

The bills are paid -Maybe part-time job

Filed under: Part-time Job — ambercouric @ 11:03 am
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The bills are paid and I have about 13 more days before we get paid again.  So I have the next two weeks to sit back and think about paying bills.  I think this is the worst time in trying to pay something off.  I can’t wait to get my next car statement in the mail so I can pay the bill.

This would be the perfect incentive to get a part-time job where more paychecks would be coming in.  I use to sell on eBay but I just don’t like doing that.  I have also tutored for years but have never charged.  Now, I have the opportunity to tutor 6 high school students for the SAT.   What I teach are mostly strategies and specific math techniques. The students usually increase their scores by 200+ points.  Right now I have a student who increased his score so significantly that his test is being reviewed.  This of course has given a little bit of demand for my services.

So, I need to decide if I feel comfortable charging.  I know everyone else charges and parents expect to pay.  Tutoring the 6 students I would make $1800 in a six week period.   I would work about 10 hours a week.  There is another guy who does this and he charges $100 an hour.  My price works out to about $50 for 1.5 hours.  There are some differences in the other person and myself.  One is that he is more than an hour away.  The other is that he has a business and this is all he does so his price is justified.  In the past I would have just tutored and not taken any money but the parents are expecting to pay and I could put that money on the car.    I could actually tutor a total of twelve students from January to May.  This could be a potential $3600 for the car.    The ones that I tutor for free I would continue not charging but any new students would be asked to pay.  The six students that are currently requesting my service are expecting to pay.   

Have you ever volunteered a service and then began asking to be paid?  is this just an example of Dave Ramsey’s philosphy that good things happen when you are doing the right things with your money?

Oh yeah – Everything is not perfect.  I bought chips yesterday.  Went into the store and came out with only chips – NO DIET COKE.

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5 Comments »

  1. Hi there-This sounds like a great opportunity, which I think you should definitely do. You have a skill which can be charged for, for new students, I think it is an excellent idea.

    Comment by sharon rose — November 4, 2008 @ 3:03 pm

  2. I have to agree with Sharon-Rose. This is an opportunity you simply can’t pass up. If it’s something you enjoy, people want your services and you can make some money to reduce your debt, I would say it’s just meant to be.

    And I would readjust what you’re charging as well…

    Comment by Annie — November 4, 2008 @ 3:53 pm

  3. Agreed. And in your sales pitch, flyer, or whatever communications you send out to anyone, be sure to include the qualifications you just told us! That counts as hard proof of your skill! PS I’ve cut out the Diet Coke from our budget too! Good on ya!

    Comment by Saver Queen — November 4, 2008 @ 5:49 pm

  4. Definitely charge for the tutoring!! Get comfortable with it and expect to be paid. You can still do a “charity” or “discount” student now and again. I think you should charge at *least* $50 PER HOUR. Your rates are barely $33/hour. I volunteered at my current job for one year working 8 hours/week, then asked for $20/hour when they wanted to hire me, and they hired me at the rate I requested. You will need to report the income to the IRS as you’ll make over $600. But if you have to drive to the student(s) you can reduce your income by miles driven to the site and back. If you are using a room/section in your home, a percentage of the rent/mortgage, utilities, etc. can be deducted as long as that room is used primarily for tutoring. Thanks for stopping by and visiting my blog and commenting!

    Comment by Mrs. Accountability — November 4, 2008 @ 7:55 pm

  5. Everybody wants to make extra income, especially when you can do it at the comfort of your own home.

    The only way that I can see possible for people to be making part time income would be through the Internet.

    I know six first steps to make part time income.

    Comment by Part-Time Income Advocate — December 10, 2009 @ 10:45 am


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