Last Tuesday I started a new on-campus gig here at Simpson. I’m going to be tutoring students in micro- and macroeconomics, along with some occasional management and B-LAW. I’m only getting 6 hours a week at minimum wage ($7.25 baby!), but it should help me out quite a bit:
1. My expenses are pretty small right now, so that money will go pretty far.
2. There is no commuting cost. The library is a 5 minute walk away from my dorm, so despite the small income, my car doesn’t move.
3. I get to work on homework when I don’t have any students wanting help, which is really sweet.
4. It’ll look good on my resume when I graduate, more so than some rinky-dink job down at Wally World. It’s more rewarding too.
In addition, on some weekends I will get in some hours back home at the car-wash, making for a decent enough income for my current situation. My budget for my fall working income is extremely simple. It should be easy to stick to and it’ll help me out a great deal:
55%- Bills
25%- Spending Cash
20%-Save*
*My next post will break this down and explain a new financial goal I’m working on. It’s a pretty ambitious one, and it will push me, but it it’s worth a shot. Stay tuned!
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6 users commented in " New On-Campus Job: Tutoring "
Follow-up comment rss or Leave a TrackbackIs the tutoring gig set up through the school or is it independent? Cause if it’s independent and you are getting paid off the books that would be even better. Either way it’s definitely a great resume builder and if you are close to a high school and wanted to tutor some more hours, and sure you could place some flyers around to get contacts from. Good luck with the tutoring.
Craig
http://www.budgetpulse.com
Craig,
It’s a work-study program through the school. I haven’t thought much about taking it outside the program, but it’s definitely worth the consideration. I could easily make more than minimum wage that way.
Thanks again for the visit!
You could probably get $15 to $20 an hour if you can find the dumb, rich kid on campus! Good luch with that, he should not be hard to spot.
LOL Almost. He would have to be REALLY dumb since the college offers free tutoring for all students and subjects.
After gaining some experience tutoring definitely try to take it outside. You could probably get double the amount of money and that’s off the books. Start out with one high school kid and you will gain referrals from them to help stretch your customer base if you want that.
Craig
http://www.budgetpulse.com
I had a professor once that highly recommended tutoring. Not only do you get a refresher course from teaching you also can meet some interesting people and make some decent money. She actually tutored for years for a local high school. She just called up the school and offered up her services. They let her put a flier together and posted in it the halls. She had three “students” that first month and just did private sessions at their homes. She just worked out the fee with the parents and what they could afford. Hope it works out well for you too!
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