Dave Ramsey And Art
Posted by Gayle Levee, 04 January 2011 · 317 views
Whew, this week did not turn out as restful as I had anticipated: my car died! Fortunately, I have been following Dave Ramsey's advice in financial management. The recession has resulted in very low sales of art, and my income for the last two years has been down. But I have no debt, so no money lost in interest payments. Plus I've been keeping an emergency fund. SO --- when the car died, the money was there to replace it.. Because of the roller-coaster nature of an artist's income, it is even more important for us creative types to follow conservative financial methods. In my career as an artist, I have gone through several recessions. In some ways, artists are better off during recessions than people who have "steady jobs." If I lose one client or source of income, there are others. If someone else loses a job... that's it until the recession ends. But the main point here is: no debt -- savings!