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Discounts for teachers can make a big difference in our lives, but not as much as getting serious about building our wealth and creating financial security for us and our families. I'm Eileen Adamson, teacher, money coach and co-host of BBC podcast Clever About Cash. As well as continuing to teach 2 days, I help other female teachers to become happier, healthier and wealthier.
Find out how you can provide amazing experiences for your children, feel financially secure and retire early from teaching, while still having enough money to enjoy life right now!
Some of the following teacher discounts in the UK will help you to make considerable savings. There are car discounts for teachers, holiday deals for teachers, Hilton hotel discounts for teachers and even teacher travel discounts.
Did you know that there are special car discounts for teachers?
Nope, me neither, until recently.
It is not a very well publicised scheme, but it is one that is well worth looking into. Motor Source Group have access to discounted cars from manufacturers, and then offer cars for teachers and other public sector workers such as teaching assistants. They also serve the police, emergency services, military personal and NHS staff.
The discounts are real, and the buying experience gets 5-star reviews on Trustpilot from many satisfied customers.
The next time you are thinking of buying a new car, then why not get in touch with Motor Source Group to see what they can offer you.
Local council offers
Many teachers are employed by their local council, some of whom offer discounted use of their own council facilities, as well as other offers, such as 10-30% discount on phone contracts. Contact your local council to see which discounts for teachers they offer.
A word of caution though. Even with the discounts, these don't always offer the best prices, so always check to see if you could get a cheaper deal elsewhere. These SIM only deals offer exceptional value for money.
Adventure and fun with ITIC Teacher Card
If you travel frequently then it may be worth checking out holiday deals for teachers. The International Teacher Identity Card (ITIC Teacher Card) which offers holiday discounts for teachers on many forms of travel, hotels and car hire, as well as on restaurants, shopping and theatre tickets.
Retailer benefits - NASUWT discounts
We all know that the unions are there to protect us and to fight our corner over important issues, but did you know that being a member of them can also get us discounts with many retailers?
The National Education Union (NEU) offer their members discounts for teachers via the Edenred The National Association of Schoolmasters Union of Women Teachers (NASUWT) and Ulster Teachers’ Union (UTU) offer a huge range of member benefits ranging from fashion to fitness and holidays to home insurance.
Although I can only find UTU and NASUWT benefits on their websites, other unions may also offer benefits, so it is worth asking if your union offers discounts for teachers.
Free or discounted wills
Death is something that we really don’t want to think about, and those of us with young children, certainly don’t want to think about our own demise and the consequent effect on our own kids. However, it is absolutely vital that we make our wishes clear for our estate and have considered options for the care of our children.
Hilton discounts for teachers
Hilton Hotels offer a 30% discount on their flexible rate, for most of their UK and European hotels, to all public sector workers, including teachers. Once on the Hilton website, you can find the "have a special code?" link and enter the code PR11PN, which will get you 30% Hilton hotels discounts for teachers.
Let's talk about the hot topic of teacher’s pensions. Paying into a teacher’s pension actually also offers you some life insurance. The deal is that our spouse, partner, children or other named dependents will get a payment from our pension on our death.
When considering what life cover is appropriate, please check your pension arrangements to see what cover is already in place, to see if that offers you enough cover, without having to pay extra premiums. You may decide that you require more life cover, but the contribution from your death benefits should go some way to provide for your family in the worst case scenario.
Car insurance for teachers is one thing that is difficult to find at a discounted price, but some of the unions offer special teachers insurance which includes cover in the school car park, if anything untoward happens to the car. As always though, it's good practice to compare car insurance deals to check that you are getting good value for money.
Also comparing breakdown insurance is a great idea, because the big companies often charge a fortune for the same service provided by some of the smaller companies. They often use exactly the same recovery garages!
PSdiscounts also offer many reductions and cashback offers to public sector employees, so it is worth checking out their website too.
One for the Scots
Teachers in Scotland should be aware of the fantastic perks that are available through Glow. Numerous local authorities allow us to download Microsoft Office 365 to our home computers completely free of charge through Glow. The use of One Drive in Glow, also means that we can have 1TB of free cloud storage, rather than having to pay around £6.50 - £8.00 per month to get the equivalent storage from Google Drive or Dropbox.
This is not technically a discount, but it is a perk of the job that many teachers forget about. The teacher tax rebate means that we do not have to pay tax on professional subscriptions or union fees. However, this is not automatic - we have to let HMRC know. There are various companies who will offer to do this for you, for a fee, or you can do it yourself completely free of charge as well as see what teachers can claim on tax. The average teachers tax rebate is between £200-£250, so it is well worth doing.
Use it or lose it
Many of these discounts, I imagine, will be underused, simply because we are so busy and forget to utilise these things. The potential to save money is huge, so making an effort to remember to check these discounts before purchasing will be worthwhile.
If you can save some money, it won’t be long until it becomes habit to check before purchasing. Although all most of these perks may offer a great deal, you should also compare deals using a couple of different comparison sites as well, to ensure that you are truly getting good value for money.
If you know of any other discounts or perks of being a teacher, then share them below, so that we can all benefit from them.
Please feel free to pop over and join my Your Money Sorted Facebook group, for female teachers who would like to be happier, healthier and wealthier.
I am Eileen Adamson, Your Money Sorted coach, working online with UK based female teachers, helping them to develop a better relationship with money. Through this, I can help you to create time, freedom and financial security for you and your family.