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April 27, 2015
I understand your point, but the first objective of a yoga teacher is to help the public. If money comes your way - so be it. If you decide to buy stocks with tuition fees that is your affair. It is worth noting that only one Beverly Hills yoga teacher shows off his fleet of Rolls Royces. Most yoga instrucors teach part-time, unless they are retired.
To make being a yoga instructor look like a get rich quick scheme takes away from the credibility and all the hard work that gs into attaining certification and continuing ed. You can't often get rich quick in yoga, unless you are connected to Hollywood and Beverly Hills. Most yoga instructors are women who love what they are doing. In reality, we make some "side money." Yes, some make more than others, but a savings or retirement plan of some kind is a good idea.
Everyone needs something for retirement. I don't want to depend on my kids to support me in my old age, so there is some sound advice in Priyah's stock tip. But we should be realistic. Most yoga teachers earn enough to build a good retirement plan and thats it. If the kids have grown up and the college tuition is paid off you may be able to stretch your money more.
This is a scary time, but if someone wants to teach there is demand. Paul's materials tell you where to look. He tells you what steps to take and even though he owns a wellness center, he probably wouldn't advise you to buy one today. This economy makes a fertile setting for the independent contractor who teaches out of her garage or at a local dance school. This isn't the time to invest every penny you have in a store front business.
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