Summary

If you’re in the first few years of your career, money can be a complicated topic. You may be trying to balance bills and student loan payments while still investing in your business. On top of that, if you’re self-employed, you have to figure it out all on your own!

In today’s show, you’ll be introduced to Shannah Compton Game, a Certified Financial Planner and the host of the Millennial Money podcast.

Shannah’s Five Money Tips for Self-Employed Music Teachers

1. Know your number

I’ve got printable budget worksheets to help you out!

2. Build your money system

  • Choose the software or system you’ll use to track money for your personal and business lives
  • Set up a separate bank account and credit card for your business
  • Protect your credit score
  • Schedule money dates to review your finances

3. Build a strong team to have shared brain power around your business and finances

Lawyers, accountants, and business coaches, will all bring a different perspective and help you see the blind spots you might have.

4. Price for profit

Check out these blog posts and calculators for more guidance:

5. Tell your money where to go with goals

Resources

YNAB Budgeting App

Clarity Money App

Connect with Shannah

Podcast: Millennial Money

Website: http://www.shannahgame.com 

Instagram: https://www.instagram.com/shannahgame/

Twitter: https://twitter.com/shannahgame

 

Subscribe to Music Studio Startup on iTunes, Stitcher, Google Play Music, or wherever you listen to podcasts!

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