Money To Live

May 20, 2009

Paying for yoga teacher training

Filed under: Uncategorized — by moneytolive @ 5:00 am

img_0853This weekend I finished a yoga teacher training program. I had a wonderful time and was sad to say goodbye to my four wonderful classmates and all of the other great people I met.

Total Cost of training: $3100 – $5500 depending on the choice of accommodations

That is a lot of money to spend on a three week training program, especially if someone is not sure about teaching yoga. How did we all pay for it?

22-year-old: For three months, she saved every penny from her job as a waitress. Two weeks before the program started, she was $1,000 short and asked her father for a loan. He said that he had $1,000 sitting in the bank in her “education fund.” He cut her a check. To save money, she stopped buying facial products, and her cohabitating boyfriend paid for the groceries.

23-year-old: Her father paid for it because he wanted her to attend the training. His personal trainer recommended this particular training program for his daughter, and he thought it was a great idea.

Me (26-years-old): I paid for the training with the last of my signing bonus from my previous job. This money had been in my “house or other large expense” fund.

35-year-old: Before entering a graduate program, she worked in University administration and saved a lot of money. She feels secure in her finances and her future and decided to spend money on something she really enjoyed.

58-year-old: After just finishing a long trip to South East Asia, she (a recent high school teacher retiree) and her husband (a doctor) were not looking forward to another multi-thousand dollar expense. They opened the wine cellar and sold a few bottles of wine to pay for the training.

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3 Comments »

  1. Interesting that the money did not come easily to anyone. It was mostly through conscious saving and/or help from family for what you and your classmates all felt was a worthy endeavor. And interesting to know that no one’s totally comfortable just throwing down money like that – it’s a big deal. I wonder what the answers would be if you asked classmates from 2 or 3 years ago. Congratulations to you all on your successful completion of the program and good luck!

    Comment by Shannon — May 20, 2009 @ 3:46 pm |Reply

  2. 2X-year-old: frugal grad student with a sometimes-stipend, lots of luck, trust, willingness to give up / make do with less on other things, and a flair for putting personal desires ahead of materialistic gain or outward success. admits that a non-negligible fraction of her frugality was unhealthy and had other detrimental life/lifestyle effects, but driven to follow her spirit.

    Comment by Anita — May 23, 2009 @ 2:30 am |Reply

  3. Interesting to read about, thanks! I’ve wondered about the various ways people pay for YTT because it is no small chunk of change! I’m hoping to start yoga teacher training this fall, and I’m budgeting it as a tax-deductible business expense to come out of my revenue. I’m self-employed as a psychologist in private practice with aspirations to combine yoga and therapy. Congratulations on finishing your teacher training!

    Comment by Bobbi — June 7, 2009 @ 11:45 am |Reply


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