Passive income ideas for teachers in Nigeria for 2022 – Learn the easiest passive income strategies for teachers. We cover everything you need to know about how to make passive income for teachers to get your side hustle business started in Nigeria. There are multiple passive income ideas for teachers to boost monthly earnings. But, not all are right for each person. This article lists some easy ways to earn extra cash as a teacher.
As a teacher in Nigeria, you may have considered finding different ways to earn extra money aside from teaching. Luckily, there are ways to do this without making a career change. Passive income for teachers is one of the most effective and efficient ways to bring in more monthly income. If you’re a hardworking, creative person, creating a passive income stream is that much easier.
Many passive income strategies for teachers allow them to learn new skills, expand their careers, and apply their teaching expertise. Depending on your mastery, different strategies may apply to you, while others will not, but there is always an option that will suit your abilities and your needs. (Similar post: passive income ideas for web designers)
What are the best passive income ideas for teachers in Nigeria?
Publish eBooks Online
Writing and publishing eBooks is an excellent way to make passive income for teachers. They do require work up-front to create the content. But, once written, an eBook can potentially bring in passive income forever!
As a teacher, you could help your students or other teachers solve a problem. Ebooks don’t need to be thousands of pages long either. Even a few hundred pages is enough to answer a question or teach someone how to do something.
Check the Amazon best sellers or any popular online bookstore to see what is popular. And think about how you could say it better or guide it from a different perspective. Once created, eBooks can be sold on a blog, through other bloggers, on social media, and on big publishing platforms such as Amazon KDP, Smashwords, and Kobo Writing Life.
Become a Resume Writer in Nigeria
Resumes show off the accomplishments, background, and professional skills of an individual looking to get hired. Adults and students leaving education may struggle to write their own resumes in a way that shows them as the best candidate for a job. As a teacher, you can make extra cash by helping people write resumes. Resume writers can earn 5,000 Naira – 20,000 Naira per resume and up to 50,000 Naira for an executive-level client.
While active work is needed to create each one, once you’ve created a large portfolio of resumes, you can reuse templates and just edit certain parts to fit each client. This means the work reduces the more you create.
Home-Based ESL Teaching in Nigeria
English as a second language (ESL) teachers help students with English as a second language through online teaching. Help clients from foreign countries, or students who just moved to the US learn English. Ensure you have certifications like Teaching English as a Foreign Language (TEFL) to qualify for this role.
Proofreading passive income in Nigeria
Proofreading and editing students’ essays, thesis, or assignments is a great passive income strategy. ZipRecruiter reports that the average salary of freelance proofreaders is $51,391 per year. An eye for detail when it comes to spelling, grammar, and other aspects of writing is essential for proofreaders, meaning the best teachers for this strategy are English-savvy.
Start an Educational Blog in Nigeria
Blogging is one of the best passive income ideas for teachers. Successful blogs do need a large amount of work up-front, but once the traffic builds, money can be made from advertising revenue, affiliate marketing, and sponsored posts.
It only costs a few dollars a month to host a website initially. I use Siteground which is £2.99/Month for the StartUp Plan. They are extremely secure, easy to use, and have great customer service which is helpful for a beginner blogger.
Create Online Courses
Online courses are available across many platforms for purchase and can make you a ton of money. Teach topics and skills that are applicable both inside and outside of the classroom. You can include tutorials, quizzes, and assignments, or provide career or financial advice. Online courses are typically modular and self-paced, so keep that in mind as you create them.
There are even more passive income ideas for teachers in Nigeria that will make you some easy extra money. Continue reading to figure out the best side hustle that caters to your business preferences.
- Digital marketing. Using online platforms like social media or a website, you will digitally market advertisements and products. You can attend a Bootcamp to learn digital marketing to increase your profit margins.
- Virtual assisting. As a virtual assistant, you will provide administrative services to clients. Since admin work is part of a teacher’s daily tasks, this is an easy gig. ZipRecruiter reports the average annual salary for part-time virtual assistants as $45,138.
- Selling your teaching resources. Online platforms like Teachers Pay Teachers (TpT) let you sell your teaching materials online. These can be lesson plans, creative works, lectures, presentations, and other educational resources.
- Online researching. Online researchers gather information from different resources for an organization or person. This will require excellent research skills, knowledge of keyword research, attention to detail, and time management.
- Freelancing jobs. Work with a flexible schedule as a freelancer in your specific field. Accept clients based on your availability and work from wherever you feel comfortable on sites like Upwork, Freelancer, and Fiverr.
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