Budget for Musicians

Musicians and budgets. We all know it’s not a love story.

Every solution to a problem starts with one step, awareness. Facing reality is probably the hardest step. If we don't dive all in it's easier to continue our denial mechanism and feel less in control. Financial anxiety is real, and just because it's a new year it doesn't necessarily mean we get to start fresh. But, it's a great time to mentally reset and start our budget from scratch.

Awareness starts by putting in numbers with no judgement and no emotions. A budget is like a mirror, a tool to observe reality without any force to take action. You need a mirror in order to see how it looks, so you know where you might want to make some changes.In the past I was afraid to look at the numbers as they are. I felt like all my expenses were mandatory, and I didn't want to feel restricted. I knew I never spent money on luxury items, and I was generally aware of where my money was going. But it still feel scary. This budget has nothing to do with criticism! You just use it as a tracking tool to plan financially. After tracking even what I felt were essential parts of my expenses, I still found ways to make tweaks and help me get to a more healthy situation.

You could spend a few hours formatting and putting in all of the formulas of a budget spreadsheet yourself. But, I made one as part of my preparation for 2020 and I want to share it with you to use a ready-to-go tool. You just need to fill in your numbers!
The spreadsheet  is organized by each month starting with your income and different categories of your expenses (utilities, groceries, etc.). It automatically calculates your monthly totals, averages, and net income. I promise it’s easier than it sounds! There are specific instructions on the first sheet to help you get started. Feel free to reach out to me at any time if you need help figuring it out.

Bring clarity to your financial mindset in 2020 with this pre-made spreadsheet. Click here!