In this episode, Jason Heath and Trevor Jones discuss the financial challenges and strategies for young musicians. They draw parallels between financial management and scheduling, emphasizing the importance of planning for unexpected expenses. They share personal experiences from their early freelance careers, highlight the significance of building financial habits, and explore achieving financial flexibility in a music career. The episode also addresses broader financial principles, such as saving habits, budget management, diverse revenue streams, and seeking opportunities beyond traditional paths in the music industry.
Trevor also wrote an accompanying blog post about this topic titled Personal Finance For Musicians: Getting Started.
Enjoy, and a big shout-out to podcast listener Rick Dennis for the topic idea!
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Carnegie Mellon University Double Bass Studio is a valued part of an innovative fine arts community in a top research university. Students receive weekly private lessons and solo classes with Micah Howard, and Peter Guild teaches weekly Orchestral Literature and Repertoire. They encourage students to seek lessons and guidance from local bassists. Members of the Symphony, the Opera, and the Ballet provide annual classes and individual attention. Visit Micah’s website to sign up for a free online trial lesson here.