Those who wanted to make a TEFL career have one thing in common i.e. to explore and live in their favourite destination and teach at the same time simultaneously. One of the favourite destinations of aspiring and experienced TEFL teachers who have pursued courses like 400 hours International Post Graduate Diploma in TEFL, is Myanmar. It has stunning landscapes, rich culture, and people with welcoming nature as well.
Not only Myanmar is known for it’s beautiful scenery but it’s also filled with lots of opportunities for ESL teachers as well. According to gtelocalize.com, the English proficiency speaking rate is very low compares to other countries and its government wants to change this scenario and wanted to hire capable ESL teachers around the world.
The ESL teaching journey is rewarding travelling-wise and financially-wise as well because you will get paid well in Myanmar too. However, might want to gain some budgeting ideas on how you can live a happy life as an ESL teacher in Myanmar. Don’t worry, this blog post has been created to help you to plan your budget accordingly, so you don’t need to worry about your expenses.
So, without any further ado, let’s get started.
Teaching English in Myanmar can be financially rewarding. As a TEFL teacher, you can expect to earn approximately $700-$1000 USD per month or even higher depending on past teaching experience. The favourable cost of living in Myanmar means that your daily expenses will be relatively low compared to Western countries.
This allows you to save money for weekend trips, indulging in local cuisine, or visiting popular attractions. If you're interested in boosting your income, consider working as a private tutor, which can earn you up to 20$ per hour.
Assessing Your Finances
Before embarking on your teaching adventure in Myanmar, assessing your financial situation is very important. Determine if you have any savings that can contribute to your upfront costs, such as a new backpack, TEFL certificate, visa application, and flights.
If possible, aim to have the equivalent of three months' worth of expenses saved up to ensure a smooth transition. Additionally, consider saving some extra funds for your return home, allowing you to enjoy reunion drinks and celebrations without financial stress, and don’t forget to research daily living costs in your preferred location to get a better understanding of your potential expenses. Websites like numbeo.com, can provide valuable insights into rent, transportation, and meal expenses.
Now after assessing your finances, it’s time to know some effective tips for budgeting while you’re teaching as an ESL teacher in Myanmar.
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7 Effective Tips Of Budgeting for Teaching English in Myanmar
To create a comprehensive teaching abroad budget for Myanmar, it's important to consider various expenses. Let's break down the key elements you need to budget for:
1. Pre-Departure Expenses
Before you set foot in Myanmar, there are several costs you need to account for. These include a new backpack, travel insurance, visa fees (approximately $50 upon entry, $70 if needed in advance), and other necessary items.
2. Major Transportation
One of the most significant upfront expenses is your flight to Myanmar. Unless you are already in Asia, you can expect to pay hundreds or even thousands of dollars for a round-trip ticket to Myanmar.
3. Daily Transportation
Consider how you will commute to your school or students. Myanmar offers various transportation options, including trains, city buses, taxis, and even Uber. Research the cost of transportation and factor it into your budget.
Teaching programs like Premier TEFL in Myanmar often provide accommodation guidance, ensuring you find safe and comfortable living arrangements. The rent price of one room bedroom in the city centre of Myanmar is comparatively lower than in other Western countries and if you opt for sharing accommodation then the cost will be much cheaper.
5. Lifestyle Choices and Expenses
Your lifestyle choices will significantly impact your budget while teaching in Myanmar. If you have expensive taste or prefer a more luxurious lifestyle, saving more in advance is essential. Myanmar offers a wide range of lifestyle choices, from affordable local street food to high-end restaurants and experiences. By adopting a "local lifestyle" and keeping meals simple, using public transportation, and shopping at local markets, you can effectively manage your costs and keep your budget intact.
6. Activities and Sightseeing
While teaching in Myanmar, you'll have plenty of opportunities to explore the country's rich culture and natural beauty. Plan and budget for activities that are must-do for you, such as hot air balloon rides in Bagan or cruising on Inle Lake. Keep in mind that there may be additional spontaneous group trips or experiences that you'll want to budget for as well.
7. Unexpected Expenses
It's important to have a cushion in your budget to cover any unexpected expenses that may arise during your time in Myanmar. Be prepared for unforeseen circumstances and ensure you have additional funds set aside for emergencies.
Keeping Track of Your Finances
Creating a budget is only the first step. To ensure financial success while Teaching English in Myanmar, it's essential to track your spending and stay disciplined. Regularly monitor your accounts, keep a record of your expenses, and make adjustments if necessary. By maintaining financial awareness, you can fully enjoy your teaching experience without worrying about running out of money.
Plan Budgeting Earlier For Better Living in Myanmar
Every ESL teacher who has completed courses like 400 hours International Post Graduate Diploma in TEFL wants to teach in their favourite destination and live and earn well. Myanmar is one destination where many ESL teachers prefer to embark on their TEFL teaching journey. It’s the perfect destination to explore a vibrant and culturally rich country while making a difference in the lives of others.
By planning and budgeting effectively, you can ensure a smooth transition and make the most of your experience. Consider your location, assess your finances, and budget for all necessary expenses. With proper financial management, you'll be well-prepared to embark on your teaching adventure in Myanmar.
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