How much money does an artist make? скачать в хорошем качестве

How much money does an artist make?

'We need to talk about Money' is normally what my husband hears right before I try to sell him on this new round-the-world holiday I've been concocting. Not in this case though. Why do we need to talk about money? Because currently we don't. How are we meant to strive for income equality when I have no idea how much my creative counterparts are making? How much money do you make, Sarah? The number one question I get asked when I do Q&As at schools is ‘how much money do you make?’ I love this question. I love that the teacher jumps up and shushes the student and apologises. I love the awkwardness in the room afterwards, everyone secretly waiting to see if I will answer the question. It is such a practical question and it should be asked, and answered. Make sure to watch this video to find out! How can students, or even adults know whether the creative industries is the right career path for them if all they have to go on is the ‘starving artist’ myth and a bunch of blushing adults every time they ask financial questions? I wouldn’t want to be an artist if it didn’t bring in enough money. Hence the reason why I started as a graphic designer. It was a money-making job in the creative sector. Do you want to know the truth? A report released by Australia Council for the Arts reported that in the 2014/15 financial year artists earned a gross income of $48,400 on average. This was 7 years ago, but inflation only adds a small amount to this. This is not ok. The same report also stated that women were earning 32% less than their male counterparts. Let me just say – nope! A report conducted by Merrill Lynch and Age Wave stated that 61% of women would rather discuss their own death than delve into money matters. It is so important for women in particular to talk about money due to the gender wage gap. Also, women tend to live longer, so we need to be planning for our financial futures. And hands-up, who here manages their household finances? * Hand up * Superannuation The next topic that needs to be spoken about is superannuation and investing. This might be a boring topic, and you may want to switch off, but you need to plan for the future. I strongly suggest everyone reads (or audibles) the book ‘Girls that invest’ by Simran Kaur. Or if a book, or their podcast isn't your thing - get onto their mailing list. You should be learning about S&P500 and ASX200. If not for your future financial security, for your kids. In a report conducted by Women in Super they found 34% of single Australian women over 60 live in income poverty. I don't want that for you. I don't want that for me! Women retire with 24% less super than their male counterparts. This could be due to taking time away from the workforce due to family commitments - having babies and looking after elderly parents. The wage gap also equates for lower superannuation. This is not ok. This is why we need to talk about money. Where are you investing? How much do you invest each month? What are your investing goals? Talk about it... Forecasting and planning One of my values is Freedom and part of that is having enough money in the bank to take a week off, or to not have to worry about incoming bills or pre-paying for clients paint. To know I can retire at the usual age and not have to work into my 80s. Freedom is knowing I have enough money in the bank to drop everything and run away with my family for an adventure. I work very hard to forecast dips in income throughout the year and supplement those times. This only works if you have been running your business for a few years and have data to work with. For example, I break down my income within the video. Have all your fingers in all the pies I don’t know a single artist that is able to ‘just sell art’ and sustain a liveable income. Not one. Every artist I know supplements their art sales: mural painting education – teaching at university or TAFE or college workshops – open to the public, schools, community centres online workshops – thanks covid selling prints or merchandise selling digital products/downloads graphic design interior design consultant coaching / mentoring brand ambassador you tuber And the list could go on forever. The point I am trying to make is that you should take what you know and expand your offerings to supplement your income. Talk about it I have no idea what other mural artists make. It’s the number one question I want to ask. I don't ask my friends how much money they make either. I'm hoping this blog post (as hard as it is to post) starts a dialog and creatives feel a little more open around discussing money. I am also dying to know what my male mural counterparts make... Shall we move on to discussing death in the next video? #mural #artist #streetart #money #superannuation #business #artbusiness #art #lifeofanartist