Sometimes as artists, money = stress.
Most of us will think the answer is to book as many gigs as possible; however, a lot of stuff isn’t that obvious.
We work with hundreds of musicians on a weekly basis so we’ve decided to maintain an ongoing report on how musicians are SAVING the most amount of money. Our findings have been astounding, little pockets add up and working more can lead to burn out, no one wants that. TRIM THE FAT!
Checking your credit rating is easy and you can check it FREE here.
If you have loans/credit or problems getting one, car payments or mortgage payments it all falls back on your credit rating. If you have a bad credit rating, interest rates, payments and fee’s can be costing you thousands of dollars a year and you might not even know it.
In order to establish if you’re paying too much on your interest rates you must establish if you’re CREDIT RATING is poor, fair or good. If you have bad credit, see below and take steps to rebuilding it, this will save you THOUSANDS in the long run. If you have good credit, STEP 3
If any of these problems sound familiar to you, then take 5 minutes and learn how you can rectify them:
• High loan payments
• High credit card bills or can’t get one.
• High Car Payments
• High Mortgage Payments
If you decide to rebuild your credit using a secured card, what that means is that you’ll get a credit card that uses your own money, it’s not a loan. The secured card helps rebuild your credit when you actively use your card and make your payments on time. Your payment activities are reported to credit agencies, and as long as you stay in good standing you will start to see your credit score build up. Once your credit score is improved, you can get access to lower interest loans, and this will put you in a better position to pay down your debt faster..
Easier said then done, right? Well, we can help you out or at-least try. We work constantly to find new gigs for ourselves, our musicians and our friends so SIGN UP FOR GIG ALERTS and get in on the action, get the same notifications our musicians do. We share everything we find from festivals, clubs, grants, pubs, sponsors, contests, publishing opportunities and more.
The best part about getting new car insurance quotes? Its free and it takes minutes. You might not think of this as something that doesn’t add-up, but it does, BIG TIME. Between home, auto, life and mortgage, you could be overspending by THOUSANDS OF DOLLARS PER YEAR for the same coverage and not even realize it. I took a look at everything I was spending and it worked out, I was OVERSPENDING around $100 PER MONTH on my insurance. The good thing about these guys is they scan all companies for the best deal.
You’ve been on the road before, you know how it is, finding a solid place to crash is a life saver. I was kind of scared before I tried this, but when I was up and running it was great, I was able to pay my rent with it every month. I knew the worst that can happen is I would cancel it at anytime. I did it with a spare bedroom in my apartment and I covered the cost of my rent per month. Its super easy to sign up and you can earn money fast. Even if you rent a room for as little as $40 per night, do the math ($40 x 30 days = $1200). Pro Tip: Only book the kind of people you probably want to hang out with. Sign up now and cancel at anytime!
THE SMALL STUFF
The small stuff adds up. GASBUDDY finds the cheapest gas rates in town and even saving $0.10/litre per tank is around $4 per load, 3 times a week is $12 and per year is $624 per year! Also, get an app like FLIPP that tells you where all the good deals are. Chances are you spend most of your money on food so saving even a fraction can save you a FEW GRAND a year.