If you are a musician and want to see just how much money you are spending every month, then consider using a musician expense spreadsheet. This is a useful tool that is used by many musicians.
Being a musician involves a lot of travelling. If you don’t get to charge your music enough, it won’t be worth the trouble to do so. So when you look at your expenses, you can put down just how much money you are spending on your own journeys.
Are You Spending Your Money Wisely?
If you have been at it for a while, you may find that expenses are on the rise. So what do you do about this?
Firstly, it’s a good idea to take a look at how much you spend on equipment and how much you spend on general expenses. Think about how long you have been playing music for and then write down just how much you spend on your instruments. You could also include things like music studio fees and such other costs as well.
By doing this, you will be able to take a closer look at your expenses. Next, divide these expenses up into smaller amounts. Then look at how much you are spending on the various instruments that you use.
It may be that you spend a lot of money on the hardware for one particular piece of equipment. If you have more than one piece of equipment, you should make sure that they all get their fair share of the total. You should also figure out the total amount of money that you are spending on music studio services.
If all of this doesn’t sound like it’s time to change your lifestyle, it may be time to consider turning to alternative forms of entertainment. There are a variety of different ways that you can entertain yourself when you need a break from performing music for an audience.
So, if you are considering using an alternative form of entertainment for entertainment purposes, think about how much money you could be saving by not having to buy instruments, pay for studio space, pay musicians, etc. Plus, many alternative forms of entertainment are really cheap, in comparison to what you are spending.
Music is a popular and inexpensive form of entertainment for many people, which means that someone who wants to be a rock star or a pop star can do so without spending a lot of money on equipment. All they really need is some music and a microphone.
So, let’s face it, if you want to live a good life and play music for people, then you have to eat and drink. And if you want to play music for a living, you have to sleep.
A musician expense spreadsheet can help you keep track of your food and drink bills and give you a starting point for what is required to maintain a good standard of living for a musician. At least you will know where you are spending your money.
Songwriter expenses, for example, might include travel expenses or an office-cleaning bill. It is also possible to include things like clothes, car hire, equipment rental, meals and tickets to live music shows as well. LOOK ALSO : multifamily investment spreadsheet
