Financial literacy for musicians.

Tag: Podcast Page 7 of 17

Ep. 52: Texas singer-songwriter fosters love-hate relationship with spreadsheets

Listen on: Apple – Spotify – Soundcloud

Katrina Cain’s music has been described as many genres from Americana, to country, to folk. Simply put, she’s a singer-songwriter. She is most known for her stand out performances on Season 15 of NBC’s The Voice, with her haunting rendition of “Rhiannon.”

Katrina is a full-time performer, songwriter, and studio vocalist working in Austin, LA, and Nashville. Her June 2022 solo tour spanned 12 shows over 7 states.

Money Mentor

Ep. 51: LA television producer becomes money mentor

Listen on: iTunes – Spotify – Soundcloud

Katy Chen Mazzara is a trauma-informed Master financial wellness coach and graduate of UC Berkeley’s Personal Financial Planning program. As a former freelance TV producer and award-winning documentary filmmaker, Katy understands the balance between dreaming and doing. She helps creative freelancers and entrepreneurs make more, worry less, and achieve true financial freedom, so they can create the life of their dreams.

Married musicians talk about money

Ep. 50: Married musicians talk about money

Listen on: iTunes – Spotify – Soundcloud

Jordan Coffing is a singer songwriter, amazing dog mom and we are married!

In this episode we talk about our personal money stories, combining our finances and how we communicate about money in our marriage.

How to measure your cash flow as a professional musician

Cash rules everything around me.

wu tang clan

Listen on: iTunes – Spotify – Soundcloud

After calculating your net worth with a balance sheet the next step to understanding your financial wellness is measuring your cash flow using an income statement.

This spreadsheet will map out all of your expected income and expenses throughout the year to identify shortfalls or excess cash flow.

How to calculate net cash flow

Net cash flow is what remains after your savings, debt payments, insurance premiums, living expenses and tax obligations.

Inflows – outflows = net cash flow

What you do with extra money is up to you!

How to measure your net worth as a professional musician

“Your mind, more than your actions, determines your net worth.”

robert kiyosaki

Listen on: iTunes – Spotify – Soundcloud

Before deciding where you want to go (artistic freedom), it’s crucial to know where you are today.

Your net worth is a metric to measure financial wellness.

Net worth ≠ self worth

Remember, it’s just a number. It does not represent your worth as a person or musician. 

It’s a temporary snapshot of your financial situation. Use it as information or motivation to guide the next steps toward artistic freedom.

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