Structuring the best plan for managing your finances as an artist or creative professional may seem daunting. With a bit of knowledge and some tools, you can gain a greater understanding of your income and expenses. As an artist, the finances for creating your work may often be the same as your personal funds. This guide will discuss ways in which you can separate those funds. It will also help you gain greater control of your finances and provide specific tools for you to use strategically to invest in your work.
This guide contains a general overview of some accounting principles and financial practices. It is meant for information only, and should not be considered professional financial advice. Consult a financial advisor or certified public accountant (CPA) for detailed professional advice on your current situation. You will find a list of service organizations in the financial resources section ofCreative Compass. Among these, a few may be particularly relevant to you as you learn more about managing your finances:
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