Tags |
|
|
Links |
|
|
Digg it UP - Art, Artists and Money
Study after study has shown that drinking Chinese diet green tea and eating foods rich in polyphenol reduces the threat of many heart complications. Drinking Chinese diet green tea helps make stronger the blood vessels that supply oxygen and important nutrients to the heart and brain. It has been revealed that men who drink Chinese diet green tea have 75 percent fewer risks of having a stroke than people who don't drink Chinese diet green tea. Chinese diet green tea helps
8. Health Insurance
Try and get health insurance. It's a luxury many artist's feel they can't afford, but it's important. In many cities there are art organizations that you can join for a nominal fee, which have group health insurance. If you live in
Fund raising events are really a win-win situation, the public likes getting involved in activities that help others and worth causes or individuals benefit from the effort. There are loads of reasons to raise money just as there are as many types of fund raisers as well. Fund raising requires careful organizing and how to plan fund raising events are actually not that easy. However, with a clear plan, everything else including the money will follow.There are ce
1. Sock it Away
If you are in the arts there is no such thing as a steady paycheck. Money usually comes in spurts with no money, often for months, many months, in between. Don't make the mistake of thinking that spurts of income will happen on a monthly basis.
When you get money from selling paintings at a show, a role in a play, an advance for a book, any art project--sock it away in a very safe place, CD's or bonds or a savings account. Rainy days always come in the arts and hurricanes happen.
2. Live Under Your Means.
Don't even think about "keeping up with the Jones's." Live under your means. Forget the fancy car, the country club, designer clothes the expensive house, fancy vacations and private school for your kids.
That doesn't mean you can't do nice things for yourself and your loved ones in a reasonable way now and then, we all need to do that. And if you happen to make millions and become independently wealthy as an artist, then fine-go for all that later on. But, if you have to have that expensive vacation home in the most desirable location, then maybe being in the arts is not for you.
3. Your Rainy Day Fund
It is recommended that people with a steady paycheck put away eight months of income in case they loose their job. In the arts, it's a good idea to try and put away three years worth if you possibly can. Not an easy task, but if you can achieve it, you'll sleep a lot better at night.
4. Saving For That Rainy Day Fund
How to save for that desired artistic rainy day fund? If you can put a little bit away each month and leave it in a safe place, a place that adds interest-bonds or CD's for example, you will be amazed at how much you can accumulate. Forget any quick short cuts, they almost always backfire, and it will sabotage your art career.
5. Forget That Credit Card
Nothing can kill a career in the arts faster than credit card debt. If you know you can't pay for it when the monthly bill comes, then don't buy it.
6. Keep Receipts
On your taxes declare your art income and your art expenses. Keep receipts because if you are ever audited, you will need proof of your expenses.
If you have an accountant that does your taxes, that expense can be written off next year, and he or she will probably know how to do your taxes a lot better than you do.
7. Pay Quarterlies
When you do receive income as an artist, put a third of it away for taxes. You not only pay the IRS, but state taxes and Social Security. Social Security tax is 15%, as an artist you pay it all, you don't have an employer to pay half.
Pay Quarterlies, which means as an artist you pay a partial amount towards your taxes four times a year -- ask your accountant about this. If you make a lot of money that year, you won't get a huge tax payment that you hadn't planned on. If you don't make a lot of money that year you'll get a very nice tax refund. Both you and the IRS will be happy. (You can put the tax refund in the rainy day artist fund, instead of putting it towards that red Ferrari).
8. Health Insurance
Try and get health insurance. It's a luxury many artist's feel they can't afford, but it's important. In many cities there are art organizations that you can join for a nominal fee, which have group health insurance. If you live in a
Have you seen a framed single share of stock hanging in someone's house or office? Maybe you though it was pretty neat, or wondered whether it was even real. Believe it or not, single shares of stock are perfectly legitimate and they hold full equity as owner in the company for which it was issued. Some stock brokers and investment companies will give you the ability to purchase a single share stock certificate through them, but in many cases the fees involved will far ou
That doesn't mean you can't do nice things for yourself and your loved ones in a reasonable way now and then, we all need to do that. And if you happen to make millions and become independently wealthy as an artist, then fine-go for all that later on. But, if you have to have that expensive vacation home in the most desirable location, then maybe being in the arts is not for you.
3. Your Rainy Day Fund
It is recommended that people with a steady paycheck put away eight months of income in case they loose their job. In the arts, it's a good idea to try and put away three years worth if you possibly can. Not an easy task, but if you can achieve it, you'll sleep a lot better at night.
4. Saving For That Rainy Day Fund
How to save for that desired artistic rainy day fund? If you can put a little bit away each month and leave it in a safe place, a place that adds interest-bonds or CD's for example, you will be amazed at how much you can accumulate. Forget any quick short cuts, they almost always backfire, and it will sabotage your art career.
5. Forget That Credit Card
Nothing can kill a career in the arts faster than credit card debt. If you know you can't pay for it when the monthly bill comes, then don't buy it.
6. Keep Receipts
On your taxes declare your art income and your art expenses. Keep receipts because if you are ever audited, you will need proof of your expenses.
If you have an accountant that does your taxes, that expense can be written off next year, and he or she will probably know how to do your taxes a lot better than you do.
7. Pay Quarterlies
When you do receive income as an artist, put a third of it away for taxes. You not only pay the IRS, but state taxes and Social Security. Social Security tax is 15%, as an artist you pay it all, you don't have an employer to pay half.
Pay Quarterlies, which means as an artist you pay a partial amount towards your taxes four times a year -- ask your accountant about this. If you make a lot of money that year, you won't get a huge tax payment that you hadn't planned on. If you don't make a lot of money that year you'll get a very nice tax refund. Both you and the IRS will be happy. (You can put the tax refund in the rainy day artist fund, instead of putting it towards that red Ferrari).
8. Health Insurance
Try and get health insurance. It's a luxury many artist's feel they can't afford, but it's important. In many cities there are art organizations that you can join for a nominal fee, which have group health insurance. If you live in
Over 33 million Americans struggle with bad credit and the number is increasing. The skyrocketing cost of homes, transportation, schooling, etc only exacerbates the situation. Living paycheck to paycheck has become a way of life and for some these paychecks can barely cover their monthly expenses.If you are one of these consumers and are thinking about owning a home, you may feel that this is completely beyond your reach. Chances are, you have an average FICO cre
4. Saving For That Rainy Day Fund
How to save for that desired artistic rainy day fund? If you can put a little bit away each month and leave it in a safe place, a place that adds interest-bonds or CD's for example, you will be amazed at how much you can accumulate. Forget any quick short cuts, they almost always backfire, and it will sabotage your art career.
5. Forget That Credit Card
Nothing can kill a career in the arts faster than credit card debt. If you know you can't pay for it when the monthly bill comes, then don't buy it.
6. Keep Receipts
On your taxes declare your art income and your art expenses. Keep receipts because if you are ever audited, you will need proof of your expenses.
If you have an accountant that does your taxes, that expense can be written off next year, and he or she will probably know how to do your taxes a lot better than you do.
7. Pay Quarterlies
When you do receive income as an artist, put a third of it away for taxes. You not only pay the IRS, but state taxes and Social Security. Social Security tax is 15%, as an artist you pay it all, you don't have an employer to pay half.
Pay Quarterlies, which means as an artist you pay a partial amount towards your taxes four times a year -- ask your accountant about this. If you make a lot of money that year, you won't get a huge tax payment that you hadn't planned on. If you don't make a lot of money that year you'll get a very nice tax refund. Both you and the IRS will be happy. (You can put the tax refund in the rainy day artist fund, instead of putting it towards that red Ferrari).
8. Health Insurance
Try and get health insurance. It's a luxury many artist's feel they can't afford, but it's important. In many cities there are art organizations that you can join for a nominal fee, which have group health insurance. If you live in
Huge wealth inequality is a major feature of Venezuelan society. This continues to undermine sustainable development and contributes to political instability. It already looks unlikely that Venezuela will meet all of its Millennium Development goals (1990 - 2015) on poverty reduction despite the reforming zeal and promises of the current administration.This explains the popularity of reforms designed to bring about a less unequal society in opposition to powerful
6. Keep Receipts
On your taxes declare your art income and your art expenses. Keep receipts because if you are ever audited, you will need proof of your expenses.
If you have an accountant that does your taxes, that expense can be written off next year, and he or she will probably know how to do your taxes a lot better than you do.
7. Pay Quarterlies
When you do receive income as an artist, put a third of it away for taxes. You not only pay the IRS, but state taxes and Social Security. Social Security tax is 15%, as an artist you pay it all, you don't have an employer to pay half.
Pay Quarterlies, which means as an artist you pay a partial amount towards your taxes four times a year -- ask your accountant about this. If you make a lot of money that year, you won't get a huge tax payment that you hadn't planned on. If you don't make a lot of money that year you'll get a very nice tax refund. Both you and the IRS will be happy. (You can put the tax refund in the rainy day artist fund, instead of putting it towards that red Ferrari).
8. Health Insurance
Try and get health insurance. It's a luxury many artist's feel they can't afford, but it's important. In many cities there are art organizations that you can join for a nominal fee, which have group health insurance. If you live in
Using the Internet to sell products and services to ever increasing number of net users is a good way to start your own business. If you are not taking advantage of this great opportunity you are just missing the boat! Consider this: e-commerce, contrary to popular believe, is thriving and increasing at a double digit growth rate. According to Jupiter Research, Online sales during this holiday season in United States are expected to reach $21.6 billion, a 19
8. Health Insurance
Try and get health insurance. It's a luxury many artist's feel they can't afford, but it's important. In many cities there are art organizations that you can join for a nominal fee, which have group health insurance. If you live in a smaller area you can often get reasonably priced group health insurance by joining your local chamber of commerce.
9. Vocation
All of these tips assume that being an artist is your vocation. A vocation has been described as "something you can't not do."
© Mary Baker 2005
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.diggitup.net/article/288872/diggitup-Art-Artists-and-Money.html">Art, Artists and Money</a>
BB link (for phorums):
[url=http://www.diggitup.net/article/288872/diggitup-Art-Artists-and-Money.html]Art, Artists and Money[/url]
Related Articles:
Humans are Much More Honest in the Beginning of the Week!
Bookmark it:
|