Debt free nurse practitioner degree right here! I love my job but it’s definitely a calling and you can’t do it just for the money. Thank you for your kind words about nurse practitioners! ❤
My husband went from a 28k elementary school teaching salary to a retail store manager making 63k to a developer making 6 figures. It broke our heart that we couldn’t live and raise a family on our salaries when he was in education that we had to make career changes to live. Teachers need to be paid enough to support their family in their location. And it’s not possible without second or third jobs.
Thank you so much for recognizing the importance of Teachers and how underpaid our job is. Being a teacher in a low income area also means giving away part of our salary buying materials for the students because the parents can’t afford to buy them and we really want our students to learn and be successful now and later in adult life.
100% agreed on the School Bus Drivers! I had a young gal that was a bus driver when I was in middle school and she posted signs in the bus about a church lock-in at her church for the youth kids. Because of that sign, I went to that church lock-in and got plugged into church and eventually gave my life to God! She plays a huge role in my faith. She was so sweet and young and energetic and I am thankful to this day of her obedience to God.
I have shopped at Publix for 25 years and I have never encountered a surly employee. I have on several occasions asked an employee where to find something, and was told “I don’t know but I’ll go find out. You keep shopping and I’ll come find you.” I chat with the cashiers and baggers and exchange recipes with the fish guy. It costs a bit more but I will gladly pay it for a more pleasant experience. I’m a retired teacher and it’s a lot more fun to watch someone hit a home run or throw a 60-yard touchdown than to watch Mrs. Smith tell little Johnny for the 100th time to stop talking and finish his math.
I think Flight Attendant is an awesome job. According to my husband, “all I do is hand out cokes, socialize, and go to the beach (layovers). That’s not a job, it’s a lifestyle.” He’s not entirely wrong 😅
Thank you so much for valuing our teachers in society, Rachel. I am a former elementary teacher. I had to stop, unfortunately due to disability. I would have done my job for free. I loved it so much. It was so rewarding to be a teacher. Now I could’ve taken the job without the parents as many of them wanted to tell me how best to do my job but that’s a topic for another day. Some parents were great though. I admit that and I’m very thankful for those ones. Blessings to you guys another great show.
Private school elementary teacher here and yes, we make MUCH less than that average here in ID. This year we didn't even get a little budget for classroom needs. I'm still thankful to teach according to our beliefs and leave out the garbage.
I'm in ID. It's a really hard place to make a living. My husband was a teacher at a private school (which was basically a volunteer job) the pay was so low. Plus no benefits. This year we had to switch to the public school dist. Pay isn't great but at least there are benefits. Anyone working with other people's kids should get paid well. I couldn't do it.
I’ve come to realize in life that we all have the ability to be paid handsomely, it’s just most people are scared, unsure, even ignorant to how to make that happen. The people who get paid the most aren’t the best usually (athletics aside), but rather those confident enough to keep finding better situations.
Thx for the 'teacher shout-out'! I've been teaching the Foundations in Personal Finance curriculum to high school students now for about 15 years. It's awesome!!
The teacher salary discussion always gets inflated because they include college professors and admin in these numbers. Florida teachers have to get to 15+ years in order to make over 40k depending on the county. While the board members and admin are at or above 100k. It's hard to keep teachers in the classroom when they are incentivized to move to administration then on top of that make it their responsibility to stock the classroom.
Well people dont factor in vacations teachers work only 187 days of the year when you do the math thats around 30$ an hour so it is not bad at all. And then they can be on their phones and shopping online while teaching then its a good job really
In regards to the music: The artists will be fine for the reasons you mentioned. It's the songwriters that suffer because the merch, brand deals, etc. aren't doing them any good. I had a song in a Christmas Hallmark movie and I earned about $15-20 (plus maybe a couple dollars each Christmas since when they replay the movie). I spent way more than that just getting the song produced and recorded.
I love teachers...they truly have a special heart. I married a teacher nearly 12 years ago, and as a nerd I had to better understand the market value and compensation for teachers. Found that it is not nearly as bad as everyone portrays when considering direct hourly compensation vs. market demand. With a national starting salary of over $42k and with little over 2 months of summer off (not including the vacation allowance during the school year), the equivalent full year salary would look closer to $54k. This is a lot more competitive with other college degrees such as communications, humanities, liberal arts, social sciences, and even some business jobs depending on sectors. This also mirrors other public service careers. Just like most firefighters have a second gig, many teachers have summer opportunities for additional income. All that to say, I don't feel like my wife is being taken advantage of by the schools and administrations, but I now better understand the market and compensation structure. My spouse views the summer as a break from the classroom but not from her passion of teaching.
Thanks for this. Teaching should be marketed to more people as a viable career option with more focus on the tangibles and opportunity and less on doing it "for the kids". I have three post secondary degrees as a teacher in VT. I am underpaid by many metrics. I consistently come back to this point when deciding on how to move in my work journey - especially when people insist that I "could be making so much more." Yes I love what I do and that ia enough. But it's time to market the fact that there are many economic incentives such as pensions, schedule, and leave benefits. I also think of my schedule as doing the extra 300 - 400 hours of summer work within the school year so I can take that time off or pursue other goals. Who wouldn't want that kind of flexibility?
In my area I calculated teacher vs. nurse wages and it came out mere pennies in difference. I think nurses have the edge in terms of options. Private nursing, more career advancement opportunities, night and weekend differentials, bonus shifts, travel contacts.
Teachers also have options people believe teachers are set to only teach for a school district. I mean my friend paid over 200$ an hour for some deep diving swimming lessons. Then you have pastoral work. Then you have a "nitch" skill that only a few can teach and you become known. Then you have coaching another branch of teaching. For me as a teacher the school district represents the base of teaching its good I mean i love the steady check the vacations
As a teacher myself, I do not agree that teachers should be paid more. I was recently listening to teacher friends complain about how little they make. Most teachers work 180 days out of the year, max 200 days. High school teachers on average teach 6 hours a day. With a hour lunch and a hour planning period. Most pre-k through middle school teachers don’t get a free period or planning period like high school teachers do. For the average high school teacher: 6 hours a day x 200 days x $40/hour =$48,000 For the average pre-k to middle school teacher: 8 hours a day x 200 days x $30/hour = $48,000 If you want to make more as a teacher, work during the summer? You can teach, wait tables, work for Amazon? And easily make an extra $10k during your 10 weeks of summer vacation. If individuals want to locally subsidize classrooms, I’m all for helping! But don’t raise taxes! Very little money will make it to the classrooms and teachers!
So in Texas, poorer school districts receive the same amount of money as wealthy ones because the state Government compensates the difference, so teachers in “poorer” districts don’t make less. But private school teachers do make way less because they aren’t Government funded
Rachel, thank you for being so appreciative of teachers. I’m in my 7th year teaching (secondary) and there have been so many times I felt like I was doing the best I could but was never noticed by anyone- parents, students, admins.. it’s not that I need praise for anything but sometimes dealing with many aggressive and defiant behaviors along with difficult parents really takes its toll and is discouraging especially when the pay isn’t anything to brag about by any means. Many times I felt like I put in way more than I got out in many aspects. Some days with difficult students (and I’m talking very difficult), I would still be stressed at home with my husband and kids. So it’s not easy for me to leave work at work. It’s all about personal relationships but it’s hard when there are students (who will be adults soon) that lack compassion and respect.. This is the first year that I have enjoyed going to work because somehow I got the most amazing group of kids this year. Thankful to God for the peace so far of this school year.
We must remember that teachers may not make a fortune BUT they will earn a nice pension, lifetime health insurance and working just 9 months a year. If the teacher is a parent, they can be home with their children during the Christmas break, the spring break and the summers. That is worth a whole lot of cash money on my book plus you don't have to pay for childcare. My husband never made more than $50,00 at his top salary (City Government keeping the office and cell phones and computers working) BUT he has great days off every year, a nice pension and lifetime health insurance for FREE and I have lifetime insurance for just $72.00 per month for my LIFE!
I agree. I wouldn’t say teachers are overpaid or underpaid. That pension is extremely valuable. I will say parents need to discipline their kids at home and teach their kids that the teacher is the authority while they are at school. If they don’t like what the teacher is teaching they need to consider homeschooling or being more involved in the classroom through PTA or volunteering to make changes regarding curriculum.
I agree with the sentiment but its a bit more complicated. Low income families would really struggle with the burden of their kids education. However, whenever you get government involved, the administration and financial management becomes overly bloated and top-heavy.
That would be beneficial for teachers salaries. But bad for low income families. You’re basically describing private schools. Not all demographics can afford to send theirs kids to private schools
Why do you think letting the private sector run schools would make them better and improve teacher pay? Private sector companies are used by the government all the time and the main thing they add is waste. A government contract is seen by companies as being a gravy train where they can exploit the taxpayer dollar at every turn. Look at Medicare expenses, private prisons, road construction. The government doesn’t actually make anything anymore, it’s all contracted out and those companies make the job take far longer and at a much higher cost then it should. Go look at how private prisons are run. That’s exactly the kind of care and cost cutting that private entities will do to schooling. What we actually need to do is get private business out of government projects and have the government staff construction crews, web designers, prisons and so on. The private industry is where the inefficiency comes from.
I absolutely loved this episode and I am in total agreement that teachers should be paid a lot more than they are paid. I understand research anylists and such contribute a great deal to a business bottom line but how and the heck do you think those people got there? Geez it doesn't take a rocket scientist to see that teachers have a critical role in the developement of children, even the gifted children have to be taught. On a different topic I just about spit out my drink when Rachel admitted the skirt was really the reason why she loved tennis.😂😂😂
Mariah Carey wasn’t making bank when selling albums/CD,s. RUclips the Prince interview on how she’s was ripped off. Studios made bank not the artist. This is the reason Taylor Swift remade her collection.
Teachers have my respect. Especially the teachers in preschool and elementary school. In a noisy environment working all day with little income growth and not much pay, there must be some love to keep up working as teacher.
Hey guys love the show. Here is something about teachers in Europe . My wife is a public teacher at a highschool here in Germany she is 35 and makes about 60k euros pre tax which is really good in Germany. So yeah here in Germany being a public teacher actutally puts you in a good financial position. To be fair the way to become a teacher here is longer. You need a masters degree (free university😉) and after that about 18 months "training on the job" where you dont make your full salary ( a bit like residency as a doctor) . After that you start your job and it is a normal government job where you get paid more with experience and the pension is also a great benefit .
Thats almost the same amount I get paid here in Texas maybe more because of all the stipends, extra hours, and other programs I do. So totalling all that gives me close to 70k, with zero debt, paid off home, paid off cars, no school debt, and a good pension. I dont even have 15 years into my district. Oh and I only have a bachelors degree the Return on investment for a masters degree is not worth it here so why bother unless you go into admin.
But see since germany has "free school" nothing is free paid by taxes. I bet you the schools are saturated and it is hard to find a job some problem you dont see here in America. Correct me if wrong
@@dianabenavides2913 That is true it is paid by taxes of course I just meant that nobody here in Germany has to factor in student loan payments in their budget and that you can "take" lower paying career paths if you want to without being in debt your whole life. Imagine going to an expensive university being 200k in debt and then make 50k as a social worker. But to come back to your question no we actually have a shortage in teachers in most places in Germany so finding a job after college is not a problem usually. About the income comparison 60k euros in Germany gets you a lot further than 70k in the US ( based on the median income/expenses)
As a software engineer I am quite surprised software engineer is number one. But hey that is a nice pat on the back! Thank you guys for exposing salaries that should be spoken about more. The idea that we should converse about our pay doesn't keep companies accountable for paying people what they are worth.
Are you? I thought most know engineers make good money? Plus most engineers have flexible jobs/work from home options and get a ton of benefits, including bonuses. My husband is an engineer and he actually went back to school when we were engaged because we felt it would be best when we would be married with children. I’ve been home our entire 8 year marriage and had 4 kids in that time, doing great on just his salary!
Teachers ARE creating revenue for our society. They are shaping the minds of future doctors, CEOs, developers, politicians, writers, scientists etc. And they should paid accordingly
No, they’re shaping test scores. Influential people in the lives of those kids are the ones who shape the minds of those kids that become those things. Sometimes a teacher is a part of that. Often, they aren’t.
Teachers are, unfortunately, teaching social justice and not reading and writing and math. The USA and many western nations are being decimated in test scores and children are being made weaker and less “marketable” because of it. I’m not saying it the teachers fault, but it’s a systemic problem.
George why don’t you start a clothing line. Introducing MAN pants aka Cary grant not skinny jeans! Kamel Clothiers. You can bring back this badly needed trend in men’s clothes and model them while drinking cocktails. So sophisticated!
Rachel and George what do you think about teachers, bus drivers ,handy men etc. having a tip jar so if they do and exceptional job you are able to reward that the same as you do with food service people .Whenever I have people work ( labor ) for me I feed them and give bonuses if they do a good job.
@@tanpham7411 I agree it wouldn't be long before everyone has a credit card terminal and they showed you a screen with tip % on it LOL !!! Actually We home schooled our 5 children and they are all successful and I am still waiting for a tip !
You shouldn't need a tip jar to gift your teacher. My wife gets gifts from grateful parents year-round. She is blessed to be teaching the kids of some amazing generous families.
Teachers don’t get paid well and they are treated poorly by administrators because they aren’t taught how to be leaders but how to nit pick- no encouragement- out here starting salaries in Dallas is 61K this year- I will say I left teaching and had I stayed I would have made only 886 dollars more than a first year teacher as a 3rd year teacher
Teachers aren’t taught to be leaders on purpose. They also teach students to be mindless. That’s still the way public schools are; the same as they were at conception. To make well mannered, followers. Schools were put in place to create obedient soldiers. You are right.
I don’t think they are over or underpaid. They get a great pension. I will say parents need to teach their kids to respect the teacher while they are at school. If the parent has issues with the school they need to consider homeschooling or involvement through volunteering or PTA to change the curriculum. The behavior issues of kids and parents make the job not worth it.
I'm a Special Education Paraprofessional, just started last year, and I make slightly more than a not SPED Paraprofessional. VERY underpaid job! If it weren't for the fact that I get the same schedule as my kids, with very few exceptions, I would've have even thought to do this job. That being said, I LOVE my job! Definitely need a heart for it because it does not pay, I could make more at McDonalds or Walmart, at least where I live. I didn't have any idea how much I would absolutely adore my job though!
College isn’t all about the salary payout later. That’s where I met my husband, I matured away from under my parents’ wing, and I learned things to help others.
It definitely is all about what your ROI will be later. If you want to mature you have options to leave the country, travel, and interact with different cultures. College and trade school are all about your return after because it is specific to getting a job after.
The streaming thing can’t be that bad. If a store has a playlist repeating over and over or a song is on multiple playlists, that’s got to be a lot of plays/streams.
Teachers here routinely make well into the 100's with so many additional benefits and opportunities to make both temporary and permanent salary increases. Then the admins make even more around here. Pretty much the entire school makes over 100K and this is an average school district in my area - middle class. :Shrug: guess its not like this in most places.
I have no degree. I worked my way up in the supply chain & left making 82k. With no degree & no supply chain education, just experience, high level references & a dynamite interview/6 month plan. I stay home with our boys now but 82k with no degree is 🔥 Supply Chain is an amazing field to be in right now & will remain to be.
Part of the problem with teaching is that the supervisors aren’t very present or necessarily effective at evaluating the effectiveness of teachers once they’re fully hired. Tests only go so far. And students can’t be trusted to grade teachers. The students are more often going to value an easy grader who doesn’t get the most out of the students over a teacher who will get the most out of the students but not give out as many good grades. Especially at upper levels of education.
It was pretty clear what we were dealing with when Covid came through within the first few months. It worked very similarly to the other types of coronaviruses already out there. What really made it painful was the fear mongering around Covid by the media and public officials. The Idiocracy coming from the CDC and things that were clearly not true being told to us to do while dealing with Covid patients.
If I could do anything, I'd be the customer service representative at your company because Dave Ramsey is one of the biggest names in the industry. As a customer service representative at Ramsey Solutions, I'd see millions of people every day and could probably listen to the show from the comfort of my own desk and congratulate the debt-free scream participants.
It is way harder to become a teacher in Europe way harder!! Priv schools aren’t given the $22,000 per kid by the government which has led to all sorts of waste and inefficiency in the public school system. Most private schools are linked to a charitable institution like a church, the fees never cover the whole amount. They depend on outside donors to cover the last 12% in general though, Catholic and private school teachers actually have a degree in the subject they are teaching I was a biology teacher and a French and Chemistry substitute teacher with the Dominican sisters, those were my degrees from university. I picked up some night and weekend courses in education while I taught since I didn’t have a teaching certificate. in private schools the knowledge of your subject is primary, teaching certification is secondary. That’s the way it is in many other countries, you have your degree in your subject and supplementally teaching certifications. That’s why everyone is ahead of us in all the Third World countries.
Everyone says teachers should be paid more but most times when a proposal comes to a vote in a local election it does get enough votes.... increase in sales tax, millege rate, etc.
Salaries seem over the top for celebrities, professional athletes, etc. But would I be willing to go through what professional athletes and celebrities do? No!
I think we need to change the structure of education, so we have amazing teachers that remotely teach thousands of kids, and then teachers aids reinforce the lessons at an individual level. Right now it's random chance if you kid gets a good teacher or a horrible teacher.
About the teacher thing. Doesn't usa have some stupid system where school funding depends on local are property tax so people in poor areas have their opportunities crushed by poorly funded schools while already well of people get better education just based on where they can afford to live?
Yes they get the summer off. My husband works for a school district and only gets one personal day... so really he gets no pto and no summer pay. But he does get winter, spring, and summer break off with the kids. Time with them is more precious than pay.
I feel a good teacher should be well paid but the thing that makes me angry is here in our state if you are a terrible teacher you get to keep the job and the kids suffer. The teachers get “tenure”. That should not be allowed
If you increased teacher pay, most of the people who are teachers today would no longer be teachers. The increase in pay relative to other positions, would attract people with better skills. Pay isn’t only based on the value they bring, it’s based on the number of people qualified to perform them. There are MILLIONS of people who could teach. There are many fewer millions who can do the development job mentioned in the conversation.
Teachers get paid better than most, while getting a few months off a year. Given how easy the job is, I don't know why people treat them like they are so underpaid.
Money goes where the heart is if you value an Celebrity more than a teacher its fine but if you value education more well hire your own teacher... but if you dont well dont complain your child isnt learning. If you hire the cheapest carpenter it means you dont value the job but dont complain of the product you get
I think my career is the greatest career out there. I help people, am appreciated, and get paid for it. Consider getting your Series 65 license and becoming an independent, fee only, financial advisor. Don’t mess up and work for a big company like EJ or a bank. I am 44 years old, I work 2 to 3 days a week, and I earn about $150k/month. So far this year, my managed assets have grown by about $20M, so my annual income has increased by roughly $200,000 this year based on market growth. I get paid on accounts I opened 20 years ago, so I don’t have to keep seeking new clients. Good luck job hunters!
Thanks for supporting teachers! In regards to athletes, I think they are way overpaid. I am fine if they make a little more money than the typical job because their careers are short compared to everyone else's. I think they should look at the money over a lifetime. If someone makes one million over a 25-30 year career, they shouldn't be making millionS in one year.
Just like Ford with the assembly line, celebrities and sports stars have the ability to reproduce their efforts. They aren’t playing one game, they are playing 1 game on every single television set that plays the game.. albeit for pennies, a fraction of the cost compared to the cost of the ticket to watch in person. But instead of paying 1-3 games a week, they are playing 1-3 million games a week. The same for music, television, and music stars. I have frequently told people that the way that teachers can make movie star level money is to use movie star level strategies. I mean, Dave* does it and ‘all’ he is doing is teach very very simple and basic financial skills. And I celebrate it. Mark Roper is now doing the same thing with engineering. Sure, he would have gladly been accepted at any University… he thought bigger than that. *by Dave, I do mean each of you.
I understand Rachel's enthusiasm for wanting teachers to earn more. Most teachers however also work nine months of the year, maybe 10. I'd expect to earn less if I only worked 75 to 83 percent of a full year.
Teachers are absolutely working over the summer. For most of us, we are taking classes ourselves and working on curriculum for the next year. Many teachers also work summer school which takes half of the two months of summer. Also, most teachers work far more than 40 hours a week and we do not get overtime. We deserve time off just like any other professional.
My sister is a teacher and she gets paid additionally for summer school. So that’s ON TOP of her salary. Teachers have every weekend off, every holiday, a week for spring break, a week for thanksgiving, nearly a month for Christmas, and the ENTIRE summer. Considering how much less they work in a year, they actually get paid well. They just need to have a side jig on top of teaching during time off to bring in enough
The problem here is looking at the average NBA player. If you looked at the average pro/semi pro basketball player, it'd be a lot different. Just think of how much money the 450 most successful engineers, doctors, etc make.
Good point. Even though it is true i do support the idea teachers should make more. They help shape our future population which is invaluable. But eh idk how to fix that one lol.
The classrooms themselves more. Teachers can certainly be allowed to make more, but a lot of their existing pay goes to filling in the cracks their class’s low budgets create. If the money went back to the classroom, the teacher can have more control over their base income and the kids reap the benefits of the “market value” a well educated population creates
@@crashtestdummy1972 I think they should too. I don’t think they should be struggling as much as they do; that’s just poor money management, but they should be better compensated for the mess they go through & how much stress goes into teaching. Speaking as a homeschooling SAHM
![Seungmin "그렇게, 천천히, 우리(As we are)" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/kAzmhLHePqU/mqdefault.jpg)
Debt free nurse practitioner degree right here! I love my job but it’s definitely a calling and you can’t do it just for the money. Thank you for your kind words about nurse practitioners! ❤
My husband went from a 28k elementary school teaching salary to a retail store manager making 63k to a developer making 6 figures. It broke our heart that we couldn’t live and raise a family on our salaries when he was in education that we had to make career changes to live. Teachers need to be paid enough to support their family in their location. And it’s not possible without second or third jobs.
Why couldn't you? My wife makes less than a teacher on our area and we live just fine.
Thank you so much for recognizing the importance of Teachers and how underpaid our job is. Being a teacher in a low income area also means giving away part of our salary buying materials for the students because the parents can’t afford to buy them and we really want our students to learn and be successful now and later in adult life.
100% agreed on the School Bus Drivers! I had a young gal that was a bus driver when I was in middle school and she posted signs in the bus about a church lock-in at her church for the youth kids. Because of that sign, I went to that church lock-in and got plugged into church and eventually gave my life to God! She plays a huge role in my faith. She was so sweet and young and energetic and I am thankful to this day of her obedience to God.
This is creepy indoctrination.
Awesome 😎
I have shopped at Publix for 25 years and I have never encountered a surly employee. I have on several occasions asked an employee where to find something, and was told “I don’t know but I’ll go find out. You keep shopping and I’ll come find you.” I chat with the cashiers and baggers and exchange recipes with the fish guy. It costs a bit more but I will gladly pay it for a more pleasant experience.
I’m a retired teacher and it’s a lot more fun to watch someone hit a home run or throw a 60-yard touchdown than to watch Mrs. Smith tell little Johnny for the 100th time to stop talking and finish his math.
I think Flight Attendant is an awesome job. According to my husband, “all I do is hand out cokes, socialize, and go to the beach (layovers). That’s not a job, it’s a lifestyle.” He’s not entirely wrong 😅
But also they are our first line of defence in an event of an emergency
@@francoisnguyen6623If it's up to the flight attendants then several lines of defense already failed.
Thank you so much for valuing our teachers in society, Rachel. I am a former elementary teacher. I had to stop, unfortunately due to disability. I would have done my job for free. I loved it so much. It was so rewarding to be a teacher. Now I could’ve taken the job without the parents as many of them wanted to tell me how best to do my job but that’s a topic for another day. Some parents were great though. I admit that and I’m very thankful for those ones. Blessings to you guys another great show.
Private school elementary teacher here and yes, we make MUCH less than that average here in ID. This year we didn't even get a little budget for classroom needs. I'm still thankful to teach according to our beliefs and leave out the garbage.
I'm in ID. It's a really hard place to make a living. My husband was a teacher at a private school (which was basically a volunteer job) the pay was so low. Plus no benefits. This year we had to switch to the public school dist. Pay isn't great but at least there are benefits.
Anyone working with other people's kids should get paid well. I couldn't do it.
Thanks for doing your part to leave out some of the garbage
George, my husband is a personal finance teacher in Kentucky and uses Ramsey curriculum...your face is in his classroom everyday!!
Love to hear that!! Tell him he’s a hero! - George
Cheers for the mocktail! I want them to test for me one if the pre-made mason jars with dried things that you add either alcohol or sparking water to.
I’ve come to realize in life that we all have the ability to be paid handsomely, it’s just most people are scared, unsure, even ignorant to how to make that happen.
The people who get paid the most aren’t the best usually (athletics aside), but rather those confident enough to keep finding better situations.
Thx for the 'teacher shout-out'! I've been teaching the Foundations in Personal Finance curriculum to high school students now for about 15 years. It's awesome!!
The teacher salary discussion always gets inflated because they include college professors and admin in these numbers. Florida teachers have to get to 15+ years in order to make over 40k depending on the county. While the board members and admin are at or above 100k. It's hard to keep teachers in the classroom when they are incentivized to move to administration then on top of that make it their responsibility to stock the classroom.
Well people dont factor in vacations teachers work only 187 days of the year when you do the math thats around 30$ an hour so it is not bad at all. And then they can be on their phones and shopping online while teaching then its a good job really
yes Rachel thank yoi for explaining how paying teachers more is so worth it!
ER nurse here and no debt except for our house. My salary sky rocket during the pandemic but man ohh man, it was very challenging.
Thank you for mocktails! Baptist dry-law here!))) and i love your episodes! ❤
In regards to the music: The artists will be fine for the reasons you mentioned. It's the songwriters that suffer because the merch, brand deals, etc. aren't doing them any good. I had a song in a Christmas Hallmark movie and I earned about $15-20 (plus maybe a couple dollars each Christmas since when they replay the movie). I spent way more than that just getting the song produced and recorded.
Love me some Publix!! I want to work there too! Love going there after work! Just brings a smile to the face 😊
Love the mock tail recipe!
this channel must explode and get 1 million viewers
I love teachers...they truly have a special heart. I married a teacher nearly 12 years ago, and as a nerd I had to better understand the market value and compensation for teachers. Found that it is not nearly as bad as everyone portrays when considering direct hourly compensation vs. market demand. With a national starting salary of over $42k and with little over 2 months of summer off (not including the vacation allowance during the school year), the equivalent full year salary would look closer to $54k. This is a lot more competitive with other college degrees such as communications, humanities, liberal arts, social sciences, and even some business jobs depending on sectors. This also mirrors other public service careers. Just like most firefighters have a second gig, many teachers have summer opportunities for additional income. All that to say, I don't feel like my wife is being taken advantage of by the schools and administrations, but I now better understand the market and compensation structure. My spouse views the summer as a break from the classroom but not from her passion of teaching.
Thanks for this. Teaching should be marketed to more people as a viable career option with more focus on the tangibles and opportunity and less on doing it "for the kids". I have three post secondary degrees as a teacher in VT. I am underpaid by many metrics. I consistently come back to this point when deciding on how to move in my work journey - especially when people insist that I "could be making so much more." Yes I love what I do and that ia enough. But it's time to market the fact that there are many economic incentives such as pensions, schedule, and leave benefits. I also think of my schedule as doing the extra 300 - 400 hours of summer work within the school year so I can take that time off or pursue other goals. Who wouldn't want that kind of flexibility?
In my area I calculated teacher vs. nurse wages and it came out mere pennies in difference. I think nurses have the edge in terms of options. Private nursing, more career advancement opportunities, night and weekend differentials, bonus shifts, travel contacts.
Teachers also have options people believe teachers are set to only teach for a school district. I mean my friend paid over 200$ an hour for some deep diving swimming lessons. Then you have pastoral work. Then you have a "nitch" skill that only a few can teach and you become known. Then you have coaching another branch of teaching. For me as a teacher the school district represents the base of teaching its good I mean i love the steady check the vacations
Teachers are definitely gems 💎 !!
Yay for teachers!!!!! Yes! Rachel ❤
As a teacher myself, I do not agree that teachers should be paid more. I was recently listening to teacher friends complain about how little they make.
Most teachers work 180 days out of the year, max 200 days. High school teachers on average teach 6 hours a day. With a hour lunch and a hour planning period. Most pre-k through middle school teachers don’t get a free period or planning period like high school teachers do.
For the average high school teacher:
6 hours a day x 200 days x $40/hour =$48,000
For the average pre-k to middle school teacher:
8 hours a day x 200 days x $30/hour = $48,000
If you want to make more as a teacher, work during the summer? You can teach, wait tables, work for Amazon? And easily make an extra $10k during your 10 weeks of summer vacation.
If individuals want to locally subsidize classrooms, I’m all for helping! But don’t raise taxes! Very little money will make it to the classrooms and teachers!
So in Texas, poorer school districts receive the same amount of money as wealthy ones because the state Government compensates the difference, so teachers in “poorer” districts don’t make less. But private school teachers do make way less because they aren’t Government funded
If George goes into marketing/advertisement he’d good at it.
As long as he don’t make adds for big pharmaceutical
Rachel, thank you for being so appreciative of teachers. I’m in my 7th year teaching (secondary) and there have been so many times I felt like I was doing the best I could but was never noticed by anyone- parents, students, admins.. it’s not that I need praise for anything but sometimes dealing with many aggressive and defiant behaviors along with difficult parents really takes its toll and is discouraging especially when the pay isn’t anything to brag about by any means. Many times I felt like I put in way more than I got out in many aspects. Some days with difficult students (and I’m talking very difficult), I would still be stressed at home with my husband and kids. So it’s not easy for me to leave work at work. It’s all about personal relationships but it’s hard when there are students (who will be adults soon) that lack compassion and respect.. This is the first year that I have enjoyed going to work because somehow I got the most amazing group of kids this year. Thankful to God for the peace so far of this school year.
We must remember that teachers may not make a fortune BUT they will earn a nice pension, lifetime health insurance and working just 9 months a year. If the teacher is a parent, they can be home with their children during the Christmas break, the spring break and the summers. That is worth a whole lot of cash money on my book plus you don't have to pay for childcare. My husband never made more than $50,00 at his top salary (City Government keeping the office and cell phones and computers working) BUT he has great days off every year, a nice pension and lifetime health insurance for FREE and I have lifetime insurance for just $72.00 per month for my LIFE!
I agree. I wouldn’t say teachers are overpaid or underpaid. That pension is extremely valuable. I will say parents need to discipline their kids at home and teach their kids that the teacher is the authority while they are at school. If they don’t like what the teacher is teaching they need to consider homeschooling or being more involved in the classroom through PTA or volunteering to make changes regarding curriculum.
And in some poorer districts, teachers sometimes make stipends as incentives.
Get the government out of education and teachers would do much better. Taxes would go way down too. 75% of my property tax goes to the school.
I agree with the sentiment but its a bit more complicated. Low income families would really struggle with the burden of their kids education. However, whenever you get government involved, the administration and financial management becomes overly bloated and top-heavy.
So you want education for only the high income families? Only those children deserve an education?
That would be beneficial for teachers salaries. But bad for low income families. You’re basically describing private schools. Not all demographics can afford to send theirs kids to private schools
Why do you think letting the private sector run schools would make them better and improve teacher pay? Private sector companies are used by the government all the time and the main thing they add is waste. A government contract is seen by companies as being a gravy train where they can exploit the taxpayer dollar at every turn. Look at Medicare expenses, private prisons, road construction. The government doesn’t actually make anything anymore, it’s all contracted out and those companies make the job take far longer and at a much higher cost then it should.
Go look at how private prisons are run. That’s exactly the kind of care and cost cutting that private entities will do to schooling. What we actually need to do is get private business out of government projects and have the government staff construction crews, web designers, prisons and so on. The private industry is where the inefficiency comes from.
I absolutely loved this episode and I am in total agreement that teachers should be paid a lot more than they are paid. I understand research anylists and such contribute a great deal to a business bottom line but how and the heck do you think those people got there? Geez it doesn't take a rocket scientist to see that teachers have a critical role in the developement of children, even the gifted children have to be taught. On a different topic I just about spit out my drink when Rachel admitted the skirt was really the reason why she loved tennis.😂😂😂
Mariah Carey wasn’t making bank when selling albums/CD,s.
RUclips the Prince interview on how she’s was ripped off.
Studios made bank not the artist. This is the reason Taylor Swift remade her collection.
Love Rachel’s outfit 😍🥰
Teachers have my respect. Especially the teachers in preschool and elementary school. In a noisy environment working all day with little income growth and not much pay, there must be some love to keep up working as teacher.
What about financial analysts ? Business analyst , accountants or private client advisors? Would like to see some feedback on these careers
Hey guys love the show. Here is something about teachers in Europe . My wife is a public teacher at a highschool here in Germany she is 35 and makes about 60k euros pre tax which is really good in Germany. So yeah here in Germany being a public teacher actutally puts you in a good financial position. To be fair the way to become a teacher here is longer. You need a masters degree (free university😉) and after that about 18 months "training on the job" where you dont make your full salary ( a bit like residency as a doctor) . After that you start your job and it is a normal government job where you get paid more with experience and the pension is also a great benefit .
Because she’s teaching at a highschool. Elementary teachers make less and don’t need a masters
@@alqoshgirl that ist wrong you also need a Masters degree for elementary school in Germany and the salary is nearly the same
Thats almost the same amount I get paid here in Texas maybe more because of all the stipends, extra hours, and other programs I do. So totalling all that gives me close to 70k, with zero debt, paid off home, paid off cars, no school debt, and a good pension. I dont even have 15 years into my district. Oh and I only have a bachelors degree the Return on investment for a masters degree is not worth it here so why bother unless you go into admin.
But see since germany has "free school" nothing is free paid by taxes. I bet you the schools are saturated and it is hard to find a job some problem you dont see here in America. Correct me if wrong
@@dianabenavides2913 That is true it is paid by taxes of course I just meant that nobody here in Germany has to factor in student loan payments in their budget and that you can "take" lower paying career paths if you want to without being in debt your whole life. Imagine going to an expensive university being 200k in debt and then make 50k as a social worker. But to come back to your question no we actually have a shortage in teachers in most places in Germany so finding a job after college is not a problem usually. About the income comparison 60k euros in Germany gets you a lot further than 70k in the US ( based on the median income/expenses)
As a software engineer I am quite surprised software engineer is number one. But hey that is a nice pat on the back!
Thank you guys for exposing salaries that should be spoken about more. The idea that we should converse about our pay doesn't keep companies accountable for paying people what they are worth.
Are you? I thought most know engineers make good money? Plus most engineers have flexible jobs/work from home options and get a ton of benefits, including bonuses. My husband is an engineer and he actually went back to school when we were engaged because we felt it would be best when we would be married with children. I’ve been home our entire 8 year marriage and had 4 kids in that time, doing great on just his salary!
Teachers ARE creating revenue for our society. They are shaping the minds of future doctors, CEOs, developers, politicians, writers, scientists etc. And they should paid accordingly
No, they’re shaping test scores. Influential people in the lives of those kids are the ones who shape the minds of those kids that become those things. Sometimes a teacher is a part of that. Often, they aren’t.
Emotionally, I agree. But no TV channel is getting Billions in ads for them unfortunately
Teachers are, unfortunately, teaching social justice and not reading and writing and math. The USA and many western nations are being decimated in test scores and children are being made weaker and less “marketable” because of it. I’m not saying it the teachers fault, but it’s a systemic problem.
I like George shoes what kind are they
I was a home visiting social worker and got paid squat, especially for all the stuff you have to do and deal with in the job.
Another market value thing. That’s really what it boils down to
Side note I love margarita mix without the tequila. Best mocktail
Excellent episode. I am thankful since I started following the baby steps I got a new job making $8k more a year!
I’m seeing Taylor in theater! Which happens to be an recent idea I had to have more attendees at concerts.
WebMD coming for the whole family 😂😂 ✋🏼
George why don’t you start a clothing line. Introducing MAN pants aka Cary grant not skinny jeans! Kamel Clothiers. You can bring back this badly needed trend in men’s clothes and model them while drinking cocktails. So sophisticated!
Rachel and George what do you think about teachers, bus drivers ,handy men etc. having a tip jar so if they do and exceptional job you are able to reward that the same as you do with food service people .Whenever I have people work ( labor ) for me I feed them and give bonuses if they do a good job.
We would tip them but there should be no tips jar. Tipping culture is getting out of hand.
@@tanpham7411 I agree it wouldn't be long before everyone has a credit card terminal and they showed you a screen with tip % on it LOL !!! Actually We home schooled our 5 children and they are all successful and I am still waiting for a tip !
You shouldn't need a tip jar to gift your teacher. My wife gets gifts from grateful parents year-round. She is blessed to be teaching the kids of some amazing generous families.
@@mofarmmomoney3009 Exactly! Parents should always give rewards to great teachers. Thats how we did it back in Vietnam.
@@mofarmmomoney3009 That is Awesome! In truth the highest reward in life is lifting others up especially children.
Teachers don’t get paid well and they are treated poorly by administrators because they aren’t taught how to be leaders but how to nit pick- no encouragement- out here starting salaries in Dallas is 61K this year- I will say I left teaching and had I stayed I would have made only 886 dollars more than a first year teacher as a 3rd year teacher
Teachers aren’t taught to be leaders on purpose. They also teach students to be mindless. That’s still the way public schools are; the same as they were at conception. To make well mannered, followers. Schools were put in place to create obedient soldiers. You are right.
Informative, but RN not required to have Bachelor degree. Also my son in Nashville makes over 90k as a Dev without a degree.
Did anybody else go listen to George Kamel's music on Spotify because of this episode?
Education majors are declining… gee I wonder why.
I don’t think they are over or underpaid. They get a great pension. I will say parents need to teach their kids to respect the teacher while they are at school. If the parent has issues with the school they need to consider homeschooling or involvement through volunteering or PTA to change the curriculum. The behavior issues of kids and parents make the job not worth it.
My high school math teacher does not know math.
I'm a Special Education Paraprofessional, just started last year, and I make slightly more than a not SPED Paraprofessional. VERY underpaid job! If it weren't for the fact that I get the same schedule as my kids, with very few exceptions, I would've have even thought to do this job. That being said, I LOVE my job! Definitely need a heart for it because it does not pay, I could make more at McDonalds or Walmart, at least where I live. I didn't have any idea how much I would absolutely adore my job though!
College isn’t all about the salary payout later. That’s where I met my husband, I matured away from under my parents’ wing, and I learned things to help others.
It should definitely be about what your ROI is when you finish. Everything else is extra.
It definitely is all about what your ROI will be later. If you want to mature you have options to leave the country, travel, and interact with different cultures. College and trade school are all about your return after because it is specific to getting a job after.
Truck drivers, I'm telling you.
Rachel subtly said yeah, Dad definitely pays me way above market value haha
At least she owns her nepo baby status…
@@tinasapienza6552 I'm also a nepo baby lol but it's funny to watch her justify her positions salary haha
She’s worth it. Seems like a hard worker and enjoyable personality. 😊
Publix employees are probably so happy because they are 80% employee owned. That drives a love for work and happy times at the job.
Yes! Fix our roads! Nashville roads are GARBAGE! Thank you for saying that part Rachel!
No one deserves the money ball players get. Ball PLAYERS, key word.
The streaming thing can’t be that bad. If a store has a playlist repeating over and over or a song is on multiple playlists, that’s got to be a lot of plays/streams.
❤❤❤Teachers ✊🏽 you rock Rachel!!!
I used to think highly of our teachers in my area. The level of quality is not what I feel it should be for our children
Teachers here routinely make well into the 100's with so many additional benefits and opportunities to make both temporary and permanent salary increases. Then the admins make even more around here. Pretty much the entire school makes over 100K and this is an average school district in my area - middle class. :Shrug: guess its not like this in most places.
Marcus Mariotta you made it, top 3 QB! 😂
I have no degree. I worked my way up in the supply chain & left making 82k. With no degree & no supply chain education, just experience, high level references & a dynamite interview/6 month plan. I stay home with our boys now but 82k with no degree is 🔥
Supply Chain is an amazing field to be in right now & will remain to be.
Athletes get paid for rare genetic talent doing things less than 1% of the population is capable of. They bring what the market will bear.
Teachers are also the only profession that work 9ish months out of the year
While they may be in a classroom with students 9.5 to 10 months, they have many other work obligations that result in almost year-round work.
Pretty sure the teachers I know take vacations and sit around for 2.5-3 months not working.
@@reyrey992 ask and you’ll know.
Part of the problem with teaching is that the supervisors aren’t very present or necessarily effective at evaluating the effectiveness of teachers once they’re fully hired. Tests only go so far.
And students can’t be trusted to grade teachers. The students are more often going to value an easy grader who doesn’t get the most out of the students over a teacher who will get the most out of the students but not give out as many good grades. Especially at upper levels of education.
It was pretty clear what we were dealing with when Covid came through within the first few months. It worked very similarly to the other types of coronaviruses already out there. What really made it painful was the fear mongering around Covid by the media and public officials. The Idiocracy coming from the CDC and things that were clearly not true being told to us to do while dealing with Covid patients.
Rachel's trash talk is pretty funny
If I could do anything, I'd be the customer service representative at your company because Dave Ramsey is one of the biggest names in the industry. As a customer service representative at Ramsey Solutions, I'd see millions of people every day and could probably listen to the show from the comfort of my own desk and congratulate the debt-free scream participants.
It is way harder to become a teacher in Europe way harder!! Priv schools aren’t given the $22,000 per kid by the government which has led to all sorts of waste and inefficiency in the public school system. Most private schools are linked to a charitable institution like a church, the fees never cover the whole amount. They depend on outside donors to cover the last 12% in general though, Catholic and private school teachers actually have a degree in the subject they are teaching I was a biology teacher and a French and Chemistry substitute teacher with the Dominican sisters, those were my degrees from university. I picked up some night and weekend courses in education while I taught since I didn’t have a teaching certificate. in private schools the knowledge of your subject is primary, teaching certification is secondary. That’s the way it is in many other countries, you have your degree in your subject and supplementally teaching certifications. That’s why everyone is ahead of us in all the Third World countries.
Everyone says teachers should be paid more but most times when a proposal comes to a vote in a local election it does get enough votes.... increase in sales tax, millege rate, etc.
Salaries seem over the top for celebrities, professional athletes, etc. But would I be willing to go through what professional athletes and celebrities do? No!
Because that is what the people in our society values there is nothing wrong with that. People value Bad bunny more than an educator
@@dianabenavides2913 😔😞🤔
Tie teacher salary to a nursing salary.
I think we need to change the structure of education, so we have amazing teachers that remotely teach thousands of kids, and then teachers aids reinforce the lessons at an individual level. Right now it's random chance if you kid gets a good teacher or a horrible teacher.
About the teacher thing. Doesn't usa have some stupid system where school funding depends on local are property tax so people in poor areas have their opportunities crushed by poorly funded schools while already well of people get better education just based on where they can afford to live?
Breaking Points would be a fun one for Rachel to pop in
I have a hard time understanding how professional sports make so much money. At 30 years old, I have watched a professional sports game 0 times.
I think you just told us why you have a hard time understanding. I have a hard time understanding anything I know nothing about.😉
It’s about what they bring in. That’s it.
Teachers get summers off though. So I would go ahead and divide that salary by .75 for the actual annual rate.
You divide by the actual days a teacher works
Yes they get the summer off. My husband works for a school district and only gets one personal day... so really he gets no pto and no summer pay. But he does get winter, spring, and summer break off with the kids. Time with them is more precious than pay.
What are the best wines to get at Trader Joes?
I feel a good teacher should be well paid but the thing that makes me angry is here in our state if you are a terrible teacher you get to keep the job and the kids suffer. The teachers get “tenure”. That should not be allowed
If you increased teacher pay, most of the people who are teachers today would no longer be teachers. The increase in pay relative to other positions, would attract people with better skills. Pay isn’t only based on the value they bring, it’s based on the number of people qualified to perform them. There are MILLIONS of people who could teach. There are many fewer millions who can do the development job mentioned in the conversation.
I’d say 60 or 70k starting for a college degree teacher too, IF schools can fire the bad ones ❤
Stopping by to say that Meredith from the Office is not named Meredith in real life. Kate Flannery is her name ❤
Teachers get paid better than most, while getting a few months off a year. Given how easy the job is, I don't know why people treat them like they are so underpaid.
Money goes where the heart is if you value an Celebrity more than a teacher its fine but if you value education more well hire your own teacher... but if you dont well dont complain your child isnt learning. If you hire the cheapest carpenter it means you dont value the job but dont complain of the product you get
I think my career is the greatest career out there. I help people, am appreciated, and get paid for it. Consider getting your Series 65 license and becoming an independent, fee only, financial advisor. Don’t mess up and work for a big company like EJ or a bank. I am 44 years old, I work 2 to 3 days a week, and I earn about $150k/month. So far this year, my managed assets have grown by about $20M, so my annual income has increased by roughly $200,000 this year based on market growth. I get paid on accounts I opened 20 years ago, so I don’t have to keep seeking new clients. Good luck job hunters!
Thanks for supporting teachers! In regards to athletes, I think they are way overpaid. I am fine if they make a little more money than the typical job because their careers are short compared to everyone else's. I think they should look at the money over a lifetime. If someone makes one million over a 25-30 year career, they shouldn't be making millionS in one year.
So you prefer the billionaire sports team owners taking in all the money instead of the actual athletes? Where else would the money go?
Just like Ford with the assembly line, celebrities and sports stars have the ability to reproduce their efforts. They aren’t playing one game, they are playing 1 game on every single television set that plays the game.. albeit for pennies, a fraction of the cost compared to the cost of the ticket to watch in person. But instead of paying 1-3 games a week, they are playing 1-3 million games a week. The same for music, television, and music stars. I have frequently told people that the way that teachers can make movie star level money is to use movie star level strategies. I mean, Dave* does it and ‘all’ he is doing is teach very very simple and basic financial skills. And I celebrate it. Mark Roper is now doing the same thing with engineering. Sure, he would have gladly been accepted at any University… he thought bigger than that.
*by Dave, I do mean each of you.
I understand Rachel's enthusiasm for wanting teachers to earn more. Most teachers however also work nine months of the year, maybe 10. I'd expect to earn less if I only worked 75 to 83 percent of a full year.
Teachers are absolutely working over the summer. For most of us, we are taking classes ourselves and working on curriculum for the next year. Many teachers also work summer school which takes half of the two months of summer. Also, most teachers work far more than 40 hours a week and we do not get overtime. We deserve time off just like any other professional.
My sister is a teacher and she gets paid additionally for summer school. So that’s ON TOP of her salary. Teachers have every weekend off, every holiday, a week for spring break, a week for thanksgiving, nearly a month for Christmas, and the ENTIRE summer. Considering how much less they work in a year, they actually get paid well. They just need to have a side jig on top of teaching during time off to bring in enough
Did you ever notice that people think other careers are easier/better paid than their own career. Most jobs are more difficult than others presume.
Rachel, your real estate taxes on your house do go directly towards your local school. Do you want higher real estate taxes?
I’d be friends with these two.
My Sis spent $1500 each year to supply her elementary classroom
you all rock
The problem here is looking at the average NBA player. If you looked at the average pro/semi pro basketball player, it'd be a lot different. Just think of how much money the 450 most successful engineers, doctors, etc make.
I think people forget a little thing called MARKET VALUE. NBA players bring in millions. Teachers do not. Whether we like it or not.
Also the concept of scarcity. There are very few men that can make the NBA, yet millions of men & women can become teachers.
Good point. Even though it is true i do support the idea teachers should make more. They help shape our future population which is invaluable. But eh idk how to fix that one lol.
The classrooms themselves more. Teachers can certainly be allowed to make more, but a lot of their existing pay goes to filling in the cracks their class’s low budgets create.
If the money went back to the classroom, the teacher can have more control over their base income and the kids reap the benefits of the “market value” a well educated population creates
@@tcgtpl Exactly. Maybe 1000 in the USA. And 500 are currently in it.
@@crashtestdummy1972 I think they should too. I don’t think they should be struggling as much as they do; that’s just poor money management, but they should be better compensated for the mess they go through & how much stress goes into teaching. Speaking as a homeschooling SAHM
Working towards becoming a dental hygienist
Giant metal tube 😂
@George could you do marketing for a credit card company? 😮