Prepared for Arash | Delivered March 27, 2020
Budget for an Independent Artist
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To provide a year's budget for an independent artist for costs associated with their career.
Items that an Independent Musician can Include in their Budget
1. Living expenses
It is important for one to ensure that they put aside money for
The overall budget should include a section dedicated to
This can include
buying or renting new instruments
and paying for advertisements for music online.
This should include anything that will help to accelerate the music career and provide a
good return on investment.
cost of getting around
is important for a musician.
If one is using a van, they should factor in the
maintenance and gas costs.
4. Recurring Bills
To avoid missing bill payments and focus on music, one can set up a standing order for the
to avoid forgetting.
Taxes should also be included.
An independent musician needs to decide how much they will be
spending on food
every month, especially if they are on the road.
It is also important to create an emergency fund for unforeseeable circumstances.