Thinking about leaving the classroom… but not sure if you’re financially ready?

In this episode, I’m sharing what I learned after leaving teaching and trying to figure out how to replace a full-time salary with business income.

This came up after a teacher friend (and mom of three) asked me how to actually make the transition. And I get it. When you have a family, especially young kids, the decision to leave teaching isn’t just emotional… it’s financial.

I thought I was prepared when I left.

My business was growing, I saw the numbers going up, and I assumed it would continue.

It didn’t.

So in this episode, I’m walking you through what I would do differently and what I think every teacher should think about before leaving the classroom.

1. Why business income is not the same as a teaching salary
2. How to figure out where your money is actually going
3. A simple way to separate needs vs wants in your budget
4. Why I started paying myself based on my lowest income months
5. What to look at financially before you leave the classroom
6. Why giving yourself time to build your business matters

– Teachers thinking about leaving the classroom – Teacher moms trying to balance work and family – Teachers building a TPT or online business – Anyone wanting to replace their teaching salary with business income

48: How I Manage the Money in My Teacher Business (Taxes, Profit & Paying Myself) (go back and listen if you haven’t yet)

If you’re brand new and need help getting your TPT store started, I have a free starter mini course. You can get it here:

Free TPT Starter Mini Course

And if you’re in that in-between stage and you’re trying to figure out your next move, you can book a strategy call with me and we’ll map it out together.

Book a Teacher Business Clarity Call

📧 Got questions or want to share your story? Email me at info@monica-lopez.com. I read every message and would love to hear from you.