Personal Finance for Musicians

Personal Finance for Musicians

Personal Finance for Musicians

Personal Finance for Musicians

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Overview

Are you tired of living paycheck-to-paycheck, being broke and in debt, and watching everyone else become independently wealthy? Well, you’ve come to the right place. Most musicians will admit they know little about personal finance.

In Personal Finance for Musicians, music industry and finance experts Bobby Borg and Britt Hatsey coach you on how to:

  • Make and save money
  • Increase your credit score
  • Protect yourself from identity theft
  • Get out of debt
  • Understand investment apps
  • Invest responsibly
  • Protect your assets
  • Build a “freedom fund” for the future
  • Limit your tax liability
  • And so much more…

With step-by-step action tips and short digestible chapters that can be read in any order, this book is presented in a no-nonsense, easy-to-read style that any musician can grasp. The objective is to educate and inspire you, without intimidating, or even worse—boring you. Let this book be your guide to financial success today!


Product Details

ISBN-13: 9781538163306
Publisher: Rowman & Littlefield Publishers, Inc.
Publication date: 02/28/2023
Series: Music Pro Guides
Pages: 262
Product dimensions: 6.10(w) x 8.79(h) x 0.55(d)

About the Author

Bobby Borg, MCM, is a former recording/touring artist, the founder of Bobby Borg Consulting, and the author of The Musician's Handbook, Music Marketing for The DIY Musician, Business Basics for Musicians, and Introduction to Music Publishing for Musicians. He is adjunct professor of music industry studies at University of Southern California’s Thornton School of Music.

Britt Hastey, MBA, is the department chair of the business administration department at Los Angeles City College. He is also an adjunct professor at UCLA, University of Massachusetts, and Chapman University where he was awarded Faculty of the Year in 2004 and serves as an advisory board member for the UCLA Financial Programs Council. He holds an MBA from Chapman University and a BA in Corporate Finance from California State University, Fullerton

Table of Contents

Preface Acknowledgments   Part 1. Getting Started 1. So, What’s Personal Finance All About? 2. Eleven Barriers to Personal Finance and How to Overcome Them Part 2. Income 3. Fifteen Types of Money Independent Artists Can Make 4. Twenty Money-Making Ideas and Side Hustles for Musicians Part 3. Savings 5. Ten Tips for Spending Less and Saving More Part 4. Accounting 6. Get Your Financial and Business Records in Order: Twenty-Five Tips 7. Three Accounting Documents to Examine Your Financial Health Part 5. Banking 8. Twenty-Four Reasons to Use a Bank 9. Major Pros and Cons of Using an Online Bank Part 6. Credit and Debt 10. Ten Steps To Building “Rock” Solid Credit 11. Monitor Your Credit Via Reports and Scores: Nine Steps 12. Twenty Ways to Protect Yourself from Identity Theft and Fraud 13. Ten Tips to Getting (And Staying) Out of Debt Part 7. Retirement Planning 14. Twenty-Six Questions About Retirement Planning for Musicians 15. The Seven Most Common Retirement Accounts (And Then Some) Part 8. Investing 16. One Hundred Finance And Investment Terms Musicians Should Know 17. Seven-Point Checklist to Investing and Building Wealth 18. Nine Must-Know Quotes on Money, Investing, And More 19. Finding Experts to Provide Smart Financial Guidance: Ten Tips 20. Seven Investment Apps You Might Consider Part 9. Insurance 21. Ten Types of Insurance You May Need in Your Twenties Part 10. Taxes 22. Eleven Frequently Asked Questions about Filing Income Taxes 23. Six Steps to Organizing Your Tax Expense Receipts (And More) 24. How to Find a Tax Accountant to Do Your Returns: Ten Tips Part 11. Estate Issues 25. Ten Ways to Prepare for the End (Depressing but Important) Part 12. Wrap Party 26. Twelve Key Takeaways of Personal Finance for Musicians About the Authors
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