Financial literacy for musicians.

Year: 2019 Page 7 of 8

Ep. 9: Do musicians need insurance?

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Many studies over the decades have concluded that over 40% of musicians do not have health insurance. Many of my colleagues and clients are in the same boat. With that in mind, how many musicians do you think have home, liability, disability or life insurance?

Ep. 8: Entertainment CPA & guitarist gives tax advice

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Jon Thomas, born in 1952 in Los Angeles, California, attended the University of California at Los Angeles where he received his Bachelor of Arts degree in Economics with a minor in Accounting. His interest and exposure to the Entertainment Field started early growing up in Los Angeles and spending time with his uncle who was formerly a child radio star and currently an entertainment event promoter. Jon was involved personally as a musician playing in bands from the time he was 12. Though mainly playing as a hobby, he helped support himself through college by playing guitar and singing in several Top 40 Band.

Ep. 7: Ten income sources for musicians

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Ever hear those magical words? Musicians, artists and freelancers alike, it’s time to step up your financial game! By diversifying your income, you can gain a sense of stability and control over your career. In the music industry, there are countless opportunities to earn money through both active and passive sources. Here’s a list of ten to get you started.

Ep. 6: Professional saxophonist becomes computer scientist

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Jason St. George is a musician, educator, computer scientist, and machine learning engineer, currently completing his Master’s degree at Rochester Institute of Technology. After a rural, quintessentially American upbringing in Upstate New York, Jason completed his Bachelor of Music Performance and Music Theory from University of North Texas in 2013, going on to a career as a musician and educator in the Dallas, Fort Worth area, where he worked and taught as a freelance professional for over 5 years, making a maximum of $21k per year.

Ep. 5: How to set your rates as a freelance musician

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So you’re a musician who’s ready to start working and live your lifelong dream. Let’s skip the finding work part for now and cut to the phone call from your friend or stranger: “Hey, my restaurant manager thought it would be snazzy to have a saxophone and accordion serenade our guests for 5 hours next week and I immediately thought of you.” (No mention of compensation.)

Now what?

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