No Money For Investing? Here’s The Simple Step To Begin

No Money For Investing? Here’s The Simple Step To Begin

Artists know that there’s truth in projecting. We project thoughts onto a stage, a canvas, paper….and suddenly what was once in our head is a living work. We’re fascinated by it. We’ll work hard to bring these images into existence.

Saving money is also about projecting.

A reader last week wrote to me. She was frustrated with her financial situation, and mentioned that you had to “have money to make money.” She asked   Continue reading this post >

Turn Your Hobby Into a Business

Reality television is amazing…while I’ll agree that most of it isn’t worth your time, I enjoy watching how some of the “stars” who elegantly perform in public actually work their butts off behind the scenes. Lifting the curtain on the daily tasks of a true artist shows that success is more than just creating a product. In most cases, you have to be a financially savvy marketing guru to succeed.

You   Continue reading this post >

Giving Your Money the Gift of Momentum

Remember setting up domino chains when you were a kid?:

 

I think artistic people understand more than others what these falling dominoes can represent. One positive result leads to another: an artist is shown in a gallery in Los Angeles, and a dealer in New York sees the show. That leads to a second show in Manhattan. An actor scores a part in a play that’s attended by a big producer. The actor’s next role is   Continue reading this post >

Why Your Resolutions Don’t Work

Ah, a New Year. Like a brand-new car, the New Year is full of the smell of promises and opportunities. Last year’s dirty slate is wiped clean and you’re free to dream about a whole list of things you’ll do better than last year.

…which lasts until about February 15th.

By then the shine is off the New Year and the “real world” has caught back up and strangled any resolutions that managed to live that long.

Working out?   Continue reading this post >

How to Avoid “Clusters of Misery”

“The harder I work the luckier I get.” – Samuel Goldwyn

They say that success is often just a matter of being at the right place at the right time. While I agree that having the casting director of the next great major motion picture as your second-cousin never hurts, I’ve always believed there’s more to success than luck. You have to work hard to put yourself in the right place, and then jump on any lucky opportunity your hard work   Continue reading this post >

Become the Lead Role in Your Life Story

Grab a piece of paper. Right now, stop reading for a moment and find paper and a pen. Let’s practice an old actor’s trick. For a moment, lose your identity. In your mind, pretend you’re a director shining the camera squarely at the real “you”. If it helps, think of this as reality television, although I prefer an epic drama. Answer this question about this main character, “you”, from the outside:  what has she done well until this part of   Continue reading this post >

The BEST Quote Ever!

“Every time a friend succeeds, I die a little.” — Gore Vidal

My acting teacher shared this quote with me, and it quickly became one of my favorites.  I still laugh at it, and I still wish it weren’t so damn true.  Don’t you wish that at this stage of development we were more enlightened, less envious, more accomplishing, less self-sabotaging?  Or that we could openly acknowledge where we are at, be genuinely and fully happy for the success of others,   Continue reading this post >

From the Mailbag

Hi Miata,

Should I set up a separate business account for the small amount I earn from my craft? It seems like overkill because I make so little.

– Jasmine

Dear Jasmine,

Absolutely.

Keeping craft money separate from household funds is important for many reasons. Here are a few:

  • Separate funds create a scorecard. Many artists want to track how they’re performing financially from their art. By keeping it separate, you’ll have a gauge of how far you’ve come. You’ll also know how far you need   Continue reading this post >

Help with Financial Overwhelm

I certainly didn’t grow up knowing I would become a financial coach and mentor for creative souls. But more than 10 years ago it was a money coach who taught me how to change and recover from financial behaviors that were leading me nowhere fast. The power of this truly life changing experience – led me to start asking what I could do to help other artists, like myself, who perhaps were floundering financially. And thus Abundance Bound was born!

This   Continue reading this post >

Belated Spring Cleaning

It’s time for the big reveal: I’m not a fan of spring cleaning.

Once I’ve finally dug in and begun the process, I enjoy organizing shelf space and rearranging household supplies so they’re easier to find. When it’s over, I’m always glad it’s done, and I love that when I want something, it’s right at my fingertips. Yet, if you asked me what my least favorite five tasks around the house would be, cleaning closets and organizing the garage would be   Continue reading this post >