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How to hire a personal finance instructor

Personal finance instructor hiring summary. Here are some key points about hiring personal finance instructors in the United States:

  • In the United States, the median cost per hire a personal finance instructor is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • Human Resources use 15% of their expenses on recruitment on average.
  • On average, it takes around 12 weeks for a new personal finance instructor to become settled and show total productivity levels at work.

How to hire a personal finance instructor, step by step

To hire a personal finance instructor, you need to identify the specific skills and experience you want in a candidate, allocate a budget for the position, and advertise the job opening to attract potential candidates. To hire a personal finance instructor, you should follow these steps:

Here's a step-by-step personal finance instructor hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a personal finance instructor job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new personal finance instructor
  • Step 8: Go through the hiring process checklist

What does a personal finance instructor do?

Personal finance instructors need to have strong speaking, writing, and critical thinking skills. Paying out at an average of $47K per year, this position requires a bachelor's degree and a teaching license. Those who choose this career path will be expected to teach financial literacy skills courses, which serve to prepare students for life after school.

Learn more about the specifics of what a personal finance instructor does
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  1. Identify your hiring needs

    Before you start hiring a personal finance instructor, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    Hiring the perfect personal finance instructor also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.

    The following list breaks down different types of personal finance instructors and their corresponding salaries.

    Type of Personal Finance InstructorDescriptionHourly rate
    Personal Finance Instructor$14-139
    Dance TeacherDance Teachers are responsible for leading dance classes to teach individuals or groups of people various dancing techniques. Dance Teachers are required to help their students improve their dancing skills by participating in amateur or professional dance competitions or performing in social events such as high school reunions... Show more$15-34
    Instructor, Adjunct FacultyAn adjunct faculty member works in a state university or college. They typically work on a part-time or contractual basis... Show more$15-38
  2. Create an ideal candidate profile

    Common skills:
    • PowerPoint
    • Derivative
    • Syllabus
    • Economics
    • Financial Management
    • Course Content
    • Course Curriculum
    • Course Materials
    • Learning Environment
    • Guest Speakers
    • Blackboard
    • Curriculum Development
    • Mathematics
    • Medication Administration
    Check all skills
    Responsibilities:
    • Manage groups of kids on a daily basis in the field to ensure safety while participating in activities.
    • Execute professional instructional clubs for 7th grade students in finance and economics.
    • Perform on-the-job training on GCSS-Army and GFEBS showing customers how to analyze funding and execution pertaining to their assign budgets.
    • Certify CPR training and distribute patient medication.
    • Coach PowerPoint presentations, team-building exercises, and develop micro-finance initiatives.
    • Cover the fundamental concepts of chemistry and biology including cell biology, metabolism, microbiology, genetics, evolution and histology.
    More personal finance instructor duties
  3. Make a budget

    Including a salary range in your personal finance instructor job description is one of the best ways to attract top talent. A personal finance instructor can vary based on:

    • Location. For example, personal finance instructors' average salary in alaska is 79% less than in new york.
    • Seniority. Entry-level personal finance instructors 89% less than senior-level personal finance instructors.
    • Certifications. A personal finance instructor with certifications usually earns a higher salary.
    • Company. Working for an established firm or a new start-up company can make a big difference in a personal finance instructor's salary.

    Average personal finance instructor salary

    $95,892yearly

    $46.10 hourly rate

    Entry-level personal finance instructor salary
    $31,000 yearly salary
    Updated December 9, 2025

    Average personal finance instructor salary by state

    RankStateAvg. salaryHourly rate
    1New York$184,315$89
    2New Jersey$136,239$66
    3Illinois$111,990$54
    4Wisconsin$111,165$53
    5Kentucky$93,157$45
    6California$84,840$41
    7Colorado$76,860$37
    8Texas$66,195$32

    Average personal finance instructor salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1CHRISTUS Health$160,979$77.3925
    2Eastern Kentucky University$126,019$60.5910
    3Rutgers University$98,143$47.1895
    4Fordham University$83,067$39.94
    5UC Santa Barbara$79,476$38.21
    6Bryant & Stratton College$77,673$37.347
    7Robert Half$75,442$36.27325
    8Syracuse University$74,780$35.953
    9Marquette University$64,225$30.88
    10MasteryPrep$62,272$29.9429
    11Metropolitan State University of Denver$47,124$22.6618
    12North Central Texas College$37,542$18.053
    13Central Texas College$37,214$17.893
    14William Paterson University Athletics$33,979$16.341
    15Guilford Technical Community College$26,288$12.64124
  4. Writing a personal finance instructor job description

    A personal finance instructor job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a personal finance instructor job description:

    Personal finance instructor job description example

    This is a permanent part-time position. Each in-person course is a total of 4 weeks long, Monday through Friday, with a maximum of 12 TEFL trainees. After every 2 course sessions, there is one week with no classes. There are 11 course sessions scheduled annually. Roles and responsibilities are divided between the morning (theory) and afternoon (practicum) instructors.

    We are looking for one instructor to teach the morning portion of the class, Monday through Friday from 9:00 - 1:30 p.m.

    The morning instructor is primarily responsible for leading classes on the basic principles of teaching English as a Foreign Language (aka the "theory" instructor). The role requires the instructor to use the materials in our curriculum, including our textbook and major assessments, to train students on concepts from methods of TEFL, lesson planning, receptive/productive skills, and cultural awareness, among others. The Theory Instructor collaborates with the Practicum instructor to ensure trainees have the skills needed to excel as TEFL certified instructors.

    Compensation:

    Approximately $2800 a course - dependent on schedule and enrollments (wage is $35/hr)

    Start Date:

    February 6, 2023, for training - First course start date March 6, 2023

    Location:

    916 West Diversey Parkway, Chicago. Our office is 1 block from the Diversey brown line stop; free street parking is available until 6 PM.

    Who Are We?

    International TEFL Academy (ITA) is one of the world's largest TEFL training schools and has been in business since 2010. We have consistently been ranked as the best TEFL certification school for both online and in-person classes for the past 4 years in a row. In 2022, ITA won the prestigious GoAbroad People's Choice Award honoring the top international education organization as selected by study abroad professionals and students. This is the third time in four years that ITA has been honored with this award. ITA is on the Inc. 5000 list for top growth companies four years in a row from 2018 - 2021. Read more about ITA's recognition and awards here.

    We train & certify over 6,000 students a year to Teach English as a Foreign Language (TEFL). We believe top-level TEFL training builds a realistic pathway for our students to achieve their dreams and success as professional English language teachers. Our alumni teach at schools in 80+ countries abroad, teach online from the comfort of their homes, and live as global nomads teaching online from around the world.

    As the worldwide leader in the field of TEFL, we provide:

    • Pre-enrollment information and personalized guidance from expert advisors,
    • The Gold Standard in TEFL training and certification,
    • Lifetime job search guidance - online and worldwide,
    • Alumni community & peer engagement,
    • Our staff with a safe, inclusive, supportive workplace/culture/job/career to grow and learn.

    Company Culture: We are committed to changing people's lives by providing them an opportunity to see the world. We have all "been there and done that" and we've all experienced the rewards and challenges of leaving everything at home to live abroad. We are travelers at heart and are all committed to helping as many people as possible to pursue their dreams. We are goal-oriented with a light-hearted sense of humor.

    The Team You Will Join: ITA has 35 full-time staff members and 32 part-time Instructors living around the US. We have a remote lifestyle with almost half of our full-time staff in the Chicago area.

    To learn more about our team and our company, read our VISION STATEMENT and MEET THE STAFF .

    Position Requirements:
    • Minimum master's degree in TESOL or related field
    • 1 or more years of overseas teaching experience
    • Experience teaching English in the United States
    • Willingness to share overseas teaching experience with students
    • Ability to use computer applications such as Moodle and Google Drive
    Theory Instructor Duties:

    The mission of this role is to plan for and execute quality instruction to trainees that guides their development as TEFL instructors. You will educate through example using a variety of pedagogical methods in the classroom, assessment techniques, and mentoring. The duties include:

    • Deliver quality instruction on the basic principles of teaching English as a Foreign Language that is based on our curriculum and supporting text.
    • Provide constructive and timely feedback on trainees' assignments and lesson plans.
    • Share outside resources with trainees that you routinely have used in your instructional career to aid students in their learning and assessment submissions.
    • Observe practicum teaching (peer and ESL students) and provide feedback to trainees on their lesson plans and their execution of them.
    • Collaborate with the Practicum instructor to define areas of growth for trainees as well as support the activities planned in the afternoon sessions.
    To Apply:

    You must apply for this position through the International TEFL Academy website using the link below. Your application will require:

    1. Resume (Word or pdf) - please include your name in the title of the digital document.
    2. Cover letter addressing:
    • Why do you want to work at ITA?
    • Why are you interested in the theory instructor position?
    • Countries lived, worked, studied, and traveled.
    • Tell us any experiences you have helping prepare students to become successful teachers.
    • Best phone number and time to reach you for a call.
    • Please tell us which job site you found us on or if a friend referred you.

    Note 1: Our recruiting platform prompts you to "upload your resume" but does not state that you must upload a "cover letter." That is a limitation of the platform. We will not reply to any candidate without a cover letter. Convince us to interview you.

    Note 2: We do not accept phone calls about employment. A phone call may weaken your application. We understand your initiative, but we receive many applications for this position and it is a significant process to evaluate each candidate.

    Then What Happens?

    Once your resume is submitted, we will reach out to you in all the steps of the process, so please, check your email and voicemail with frequency. If you are not selected in this process, don't worry, we will keep your resume on file for other potential future positions that could be a good match.

    Here at International TEFL Academy, as global citizens, we recognize that diversity, equity, and inclusion are vital to the culture of our organization. International TEFL Academy is an equal-opportunity workplace.

  5. Post your job

    To find personal finance instructors for your business, try out a few different recruiting strategies:

    • Consider internal talent. One of the most important talent pools for any company is its current employees.
    • Ask for referrals. Reach out to friends, family members, and your current work to ask if they know any personal finance instructors they would recommend.
    • Recruit at local colleges. Attend job fairs at local colleges to recruit entry-level personal finance instructors with the right educational background.
    • Social media platforms. LinkedIn, Facebook, and Twitter have more than 3.5 billion users, and they're a great place for company branding and reaching potential job candidates.
    Post your job online:
    • Post your personal finance instructor job on Zippia to find and recruit personal finance instructor candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    During your first interview to recruit personal finance instructors, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.

    It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new personal finance instructor

    Once you've selected the best personal finance instructor candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.

    It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.

    Once that's done, you can draft an onboarding schedule for the new personal finance instructor. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
    Sign up to download full list

How much does it cost to hire a personal finance instructor?

There are different types of costs for hiring personal finance instructors. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new personal finance instructor employee.

You can expect to pay around $95,892 per year for a personal finance instructor, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for personal finance instructors in the US typically range between $14 and $139 an hour.

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