When I first began teaching piano lessons I had no idea what my pricing should be. I didn’t understand the economics of it all, I honestly was just looking to make some money on the side while I was going to school. I started off at $30 for an hour lesson. I was in college, and most of my friends were working some retail job for a little above minimum wage, so I thought $30 was really good, and it probably was. But what I didn’t realize was I was leaving a lot of money on the table.
As self employed teachers, the single most valuable asset we have is our time. Read more at http://blog.musicteachershelper.com/youre-not-charging-enough-for-your-music-lessons/