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ESL Gypsy Blog

How to Supercharge Your Retirement Savings with Two Revenue Streams

Supercharge Your Retirement with Two Streams of Income! Legal mumbo jumbo: The author of this blog is not a licensed financial advisor or accountant. More importantly, he is not YOUR financial advisor or accountant. Always consult with a certified professional on all financial matters, particularly those as complex as retirement planning. This post is for informational purposes only. NOTE: THIS BLOG POSTING CONTAINS AFFILIATE LINKS. WE ARE NOT CHARGING YOU ANYTHING, BUT WE WILL RECEIVE COMMISSION TO HELP KEEP THE SITE GOING.   Welcome back to ESL Gypsy! In the last two weeks, we got you started on the road

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Retiring Early as Digital Nomad ESL Teacher

Start saving now for your early retirement! Thanks for catching up with ESL Gypsy again. We’re following up on last week’s posting on being a FIRE (Financially Independent Retired Early) digital nomad. Hopefully last week’s piece got you thinking about what your financial goals are and how you can turn this lifestyle into something sustainable over the long-term. This week’s post is going to expand on some of the things mentioned last week, such as the role of inflation in your retirement planning, fixed income assets, and sequence of returns risk. We’ll look at how you can phase in your

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The Undeniable Marriage Between the Digital Nomad and FIRE Movements

Start Planning NOW for Your Early Retirement! Legal mumbo jumbo: The author of this blog is not a licensed financial advisor or accountant. More importantly, he is not YOUR financial advisor or accountant. Always consult with a certified professional on all financial matters, particularly those as complex as retirement planning. This post is for informational purposes only. NOTE: THIS BLOG POSTING CONTAINS AFFILIATE LINKS. WE ARE NOT CHARGING YOU ANYTHING, BUT WE WILL RECEIVE COMMISSION TO HELP KEEP THE SITE GOING.   If you’re living abroad as a digital nomad and teaching English online, chances are you’re about as close

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Launch Your Online Teaching Career with a Fully-Funded Online TESOL Certificate

Promise is now waiving tuition for a select group of applicant! Pay only the $40 registration fee! The Non-Profit Group Promise Opens Doors is now offering a full-tuition scholarship for their TESOL/TEFL Certificate for Online Teaching! Welcome back to ESL Gypsy. I hope you enjoyed the last series of articles on incorporating your online ESL business. If you’re still looking for a way to get your online teaching career started, or simply seeking more professional development opportunities, look no further than the TESOL/TEFL Certificate Program for Online Teaching from the non-profit group Promise Opens Doors. In this week’s post, we’ll

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(PART III of) Why American Digital Nomads Should Start an S-Corp- and an easy way to do it!

Let me walk you through the steps I took to incorporate my ESL teaching biz! Legal mumbo jumbo: While the author of this blog post holds a Master’s degree in Accounting, he is not a licensed accountant, nor is he an attorney. More importantly, he is not YOUR accountant or attorney. Always consult with a certified tax advisor or tax attorney on all financial matters, particularly those as complex as international taxation and company formation. This post does not speak to your tax liabilities in the country where you reside (if outside the USA). If you do pay taxes in

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PART II: Why American Digital Nomads Should Start an S-Corp- and an easy way to do it!

There’s more to an S-Corp than just payroll tax savings! This is a part two of a three-part post on incorporating your ESL teaching gig.   Legal mumbo jumbo: While the author of this blog post holds a Master’s degree in Accounting, he is not a licensed accountant, nor is he an attorney. More importantly, he is not YOUR accountant or attorney. Always consult with a certified tax advisor or tax attorney on all financial matters, particularly those as complex as international taxation and company formation. This post does not speak to your tax liabilities in the country where you

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Why American Digital Nomads Should Start an S-Corp- and an easy way to do it!

American digital nomads are still responsible for tax in the USA. Legal mumbo jumbo: While the author of this blog post holds a Master’s degree in Accounting, he is not a licensed accountant. More importantly, he is not YOUR accountant. Always consult with a certified tax advisor on all financial matters, particularly those as complex as international taxation and company formation. This post does not speak to your tax liabilities in the country where you reside (if outside the USA). If you do pay taxes in another country, you may be able to reduce your US tax liability with a

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Why the Let’s TEFL 120-Hour Course is the Best Qualification to Get Started as a Digital Nomad

Earn your TEFL at home for less than one-tenth the price of face-to-face programs! This page contains affiliate links. We aren’t charging you anything, but we get a commission that helps us pay for yoga classes. 🙏🙏🙏🙏🙏   Welcome back to ESL Gypsy! In our last post we explained some of your options for getting started as a digital nomad ESL teacher. As mentioned, earning a TEFL certificate is a very important first step on your path to becoming a digital nomad ESL teacher. Without a doubt, the largest market right now for online ESL is China. In addition to

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Creating Your Perfect Self-Introduction Video with Danny Toner

Self-introduction videos offer a small glimpse of the kind of teacher you are. Welcome back to ESL Gypsy! This week, we have been fortunate to have a virtual sit-down with a very successful online teacher and a budding entrepreneur, Danny Toner. While working for an online school, Danny has been able to fill his schedule and earn a nice living. He credits his strong self-intro video with helping him get there. Now, Danny is offering his services to other teachers who are looking to create an eye-catching video. In his interview, Danny offers some tips on how to create a

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Finding a Balance: Five Ways to Avoid Teacher Burnout

Create a Separation Between Work and Home to Avoid Burnout Welcome back to ESL Gypsy! With quite a few blog postings on the ways to earn extra cash and plans for early retirement, you might think that I am a workaholic. You wouldn’t be wrong, but… Few people are better equipped to speak on how to relax than workaholics because few others can appreciate the necessity of finding a balance in life. This week, I’m going to give you my five tips for finding a balance and helping you get more out of your teaching.   Creating Space   There

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