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Why are people finding lesson so expensive ? lesson prices and the economy. (All Teachers)
A recent lesson enquiry ended
“I’m gonna stick to you tube thankyou for getting back to me I’ve done ok so far.i didn’t realise that guitar lessons were so expensive”
I charge £25 p/h about the average really.
A cancellation this week was in essence Im short of money can I postpone for 2 weeks.
How much should a lesson cost. If we say the legal minimum wage is £10p/h. for maybe a semi skilled job but probaly not. The skill level for music puts it in the professions a real rate £40-£150 p/h for comparable. The muscian union say a minimum of £35p/h.
I think the rate at £25 is about the minimum. Remember subtracting cost this could end up 30% less.
Why are people finding lesson so expensive ? “Its the economy stupid” Higher living expenses for essentials mean less disposable income. Music lesson are an early casualty of household cuts. Brexit uncertainty doesnt help. People 18-30 generally are very short of money due to an out of balance wealth distribuiton. Quanative easing aka printing money didnt mean the lower paid (less than £10000000 peranum yes ten million) had a trickle down effect. It just boosted asset prices leading to higher living expenses.
What next? My usual Bearish position says after 10 years of anemic growth with QE and low interest rates this fix has been over used and is broken as a fix.
Worse. We are due a major economic catastrophe and it wont be brexit. Unfortunately no one knows what it will be until we are in meltdown. One casualty will be music lessons. My message is expect the unexpected because I expect it will happen. Remeber its not you,your teaching or your prices. “Its the economy stupid” -
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