10 Reasons Why Investing Will Change Your Music Career
Investing your money while you make music will allow you to grow your existing money without losing focus on what's most important to you. Your money if not invested, loses value every day that passes when it sits in your traditional bank account. This way allows you to grow your money so you can focus more on becoming better at music. Here are 10 reasons why investing will change your music career.
1. More Time For Music
In traditional jobs you have to give a certain amount of your time in order to earn money. Investing works just the opposite from this. Investing works for you rather than you working for it. Along with investing, you earn money on your investments every second of the day. The reason this is because the companies that you are an owner of operate around the clock in large part due to the technological advancements society has made.
2. More Creativity
A big way to handicap your creativity is stress. Stress and creativity do not go well together. For you as a music creator a lot of stress comes from paying the bills. Stressing about money as a creator will most certainly get in the way of your creativity and may lead to blocks and doubt as a result.
3. Gives You Options
As you build up your investments over time you will find yourself at a point where you may not need your traditional job anymore. Investing provides you with options to explore any and all creative pursuits that you so desire. Options are great for you to experiment and continue to make great music.
4. Safety Net
Pursuing a career as a music creator can have big highs and big lows. What investing does in this case is provides you with a safety net to catch you if anything were to start falling apart. This way you are safe with a net of investments to catch you.
5. Finance Future Projects
A great way to prepare for future expenses is to invest your money for any projects you may need the money for at a later date. If you have a bunch of creative ideas that all require some sort of financing this can definitely help you when your next big idea comes up.
6. Gives You Confidence
When you know you are making money every second of the day without you having to lift a finger can give you great confidence. Especially if you have a team of experts in place acting on your best interest at all times. By knowing this you can approach your music without any hesitation. Have at it and give it all you got!
7. Provides Diversity
Having money come in from music and traditional investing provides diversity in different areas and industries protecting you from anyone of them performing poorly.
8. Help Other Artists
Now that you have grown the money that you have, you can start to help other artists. Giving back can feel amazing especially if you know a close friend who struggles with the balance of managing their money and music at the same time.
9. Lasts Your Entire Life
Your investments will last during and after your music career. This is something that will stay with you for the rest of your life. It can greatly impact the people around you if you plan on having a partner, family, and grandchildren. Looking at your career with the ability that it may come to an end one day. Planning for this future will allow you to part from music with money under your belt and take on the next chapter of your life.
Freedom. When you have financial freedom by having money work for you, you can do anything you want. We believe this is one of the greatest gifts you can give yourself. Freedom to spend time with people you love, travel to where you want to travel, and wake up every day and say "I can do whatever I want today" without any limitations whatsoever. Investing gives this to you. We have seen it impact our lives and we have seen it impact our users lives as well.