Teaching Piano?

Today my Piano teacher told me to start teaching piano, before i graduate.
Think i should start? Have to weigh the pros and cons.

If i teach i'll get to learn how to teach, and learn new stuff from the kid as well.
Plus, I'll have extra $ to spend. Cool yea. However it's like attachment, very little money just to gain experience.

I don't really want to spend one evening at the kid's place, its like a committment thing, quite scary. A little lazy here. Hope i don't strangle the kid if its naughty!

Anybody's kid want a lesson?