Life Kit Financial advice for artists who think they're 'bad with money'
Feb 7, 2022
Paco de Leon, a financial planner and author of "Finance for the People," shares insightful advice catered to creatives struggling with finances. He challenges common misconceptions about money, encouraging artists to confront their negative beliefs and embrace financial literacy. Paco offers practical tips like separating personal and business expenses, establishing a finance routine, and understanding market dynamics. He also discusses the importance of emotional well-being during financial uncertainties, advocating for holistic practices to manage stress.
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Creative Misconceptions about Money
- Creatives often internalize the idea that they aren't good with money.
- The financial industry's serious image can be off-putting, reinforcing this belief.
Benefits of Financial Clarity
- Addressing finances provides peace of mind and clarity in decision-making.
- This shift allows for logical choices instead of emotional, reactive ones.
Weekly Finance Time
- Schedule weekly finance time, at least 20 minutes, for financial tasks.
- Treat this time as sacred; don't let interruptions occur.
