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Great Monday Money Tips

I’m passing along two great columns from Yahoo Finance this morning. The first might challange your choice of career. Ben is right, but that doesn’t mean you should leave music. Just be aware of what it means to your financial future. To Get Rich, Just...

80/20 and the Pareto Principle

When I began my job in the “real world”, I worked on a tech support helpdesk. My job was to keep our mobile employees working should they encounter any snags with their computers, phones, printers or cameras. Over time it became apparent that we usually...

Everything You Need To Know About Money

Thanks to Scott Adams of Dilbert fame for this succinct, accurate and easily understood 129 word checklist for financial success:1. Make a will 2 .Pay off your credit cards 3. Get term life insurance if you have a family to support 4. Fund your 401k to the maximum 5....

Writing Love Songs for Money

Writing songs is a lucative corner of the music business. In fact, it’s where most of the money is found. However, like every other corner, it’s difficult to get the breaks that it takes to get your songs heard, picked and recorded. So here’s a...

Non-Music Cashflow, Part 3

In my last post on cashflow, I highlighted a collection of financial terms. Today I want to talk a bit more about three: cashflow, earned income and passive income. I’m using the term cashflow in these posts for a specific reason: the fact that cashflow is...

Pricing the Value of Your Music

In my Don’t Be Cheap post, I talked about how charging higher fees is one way to stand out among the competition. David Maister has posted about another concept to think about, and just like raising fees, I considered doing this when I was a musician, I was just...