Thursday, June 3, 2010

Money Matters

Read this awesome post from comedian Becky Donohue about the importance for artists to be smart with your money. This is different from hearing your mom tell you to be responsible first then see if you have any time left for your hobbies.

Don’t quit your dayjob. Even though this seems likes the blog that encourages screaming at your boss and burning your briefcase in a fit of rage, it is not. What I really encourage is PLANNING YOUR ESCAPE. A lot of the time that happens by thinking about skills you ALREADY HAVE that could make you some money away from work and on your own terms. I had a roommate once who had a love of design and who worked on products for his 9 to 5 job. On the side he created a bag business. Eventually, it became his full time living. If you love to workout, get certified as a personal trainer and teach a couple of classes per week. Eventually, you may be able to leave your day job and free up your schedule for auditions and creative work because you got certified. I had another friend who was a great dog walker and a good comedian. She started walking the dogs while waiting tables AND doing stand up. Very quickly, there was no more waiting tables. She had a thriving dog walking business. Now it’s all stand up. The idea is to plan your eventual escape and to make it gradual with transition jobs and money making small businesses in place.

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