Long Term Solution To AddressLow Teacher Salaries
As an educator myself I would definitely affirm that me and my colleagues have low teacher salaries. If we would consider our salary given the number of years worked in an educational institution and compared to the ones working in multinational companies and the like, the disparity is indeed great. Despite this really poor pay and compensation, still we are here standing firm on a profession we definitely look up to. If you are an educator complaining about your salary, and yet you still want to be a teacher, there are rooms for remedies. Yes, every problem always has a solution or two. The main concern we have here is how to manage low teacher salaries. Let me pinpoint long term solutions that can provide you with a senseof financial stability in the future. Solution # 1: Prioritize things. It is immensely important to identify your necessary things and finances. To begin with, make a list of the items that you would probably spend on say a week or a month. You might also need to indicate the accounts payable and their due dates. To name a few, you might have your credit cards, utilities, rental and lending. Write also the areas where you spend your wages, including food and recreation. Then, in accordance to it, write numbers beside the item in ascending order. You can specify the number one as the highest priority or the ones that need to be paid soon and so on. Solution 2: Budget wisely. Now is the time to establish the budget in line with the priorities you set earlier. To the extent if possible, it is also suggested to write how much you spend on each of your expenses.It would be better to devote your earnings to some key priorities such as accounts and loans payable. Of course, nobody would like to have add-on interests thus spend a large portion for it. Paying your previous debts can definitely increase your financial capacity once it’s done and you can gain a lifting senseof monetary freedom. Solution # 3: Discipline. This is the most important value that all teachers must instill and practice. Since we know that we have low wages, it is necessary to control our finances. Once you've finished sorting your pay in accordance to your priorities, whatever amount that remains must be saved. Do not spend on unnecessary things. If you happen to be a compulsive buyer, stay away from malls. Keep your credit cards away from you becauseyou might be tempted to use them and end up with another debt on your side. Sacrifice now and you will reap the rewards after. And don’t forget to control and discipline yourself. There is actually no need for teachers to leave teaching and find another job to compensate their expenses.Regardlessof your profession if you do not know how to manage your salary, you'll really end up with a non sufficing rate. The best way to overcome the low teacher salaries is to practice the long-term solutions above. However, if you know that holding back from a shopping spree and saving
money is so not you, then consider doing something for additional income. I am sure it can save you from debt!