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# 5 Money Management Tips for Indie Musicians
- URL: https://www.hypebot.com/5-money-management-tips-for-indie-musicians/
- Published: 2014-04-29T09:28:00.000Z
- Updated: 2014-04-29T09:28:00.000Z
- Description: There are a lot of writers giving free advice on how to make money – but what you may be missing is what to do with it once you have. Continue reading [https://www.hypebot.com/hypebot/2014/04/5-money-management-tips-for-indie-musicians.html]
- Author: Guest Author
- Tags: DIY Advice & Tips, Music Business, Music Marketing, Music Think Tank, Startups & Funding, #wp, #wp-post, #Import 2026-01-21 10:38

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There are a lot of writers giving free advice on how to make money – but what you may be missing is what to do with it once you have it. Financial planning is a key part of any career, but especially in the case of the budding [musician](http://en.wikipedia.org/wiki/Musician?ref=hypebot.com), it is critical. You can always change the plan, but only if you have one.

  
Have you struggled through the first stages of self-promotion? Not sure where your hard earned profit is being spent? **Dave Kusek** delves into the land of responsible financial management and breaks down the do's and don'ts on [MusicThinkTank.com](http://www.musicthinktank.com/blog/5-money-management-tips-for-indie-musicians.html?ref=hypebot.com).

"*The indie musicians who are truly successful think of themselves as a business. Especially when most musicians get paid in cash, it’s really easy to just pocket the money or split it up with your band mates on the spot after a gig. This method is fine if you’re a hobby musician, but if you want this to become your career, you’ll want to get more organized.*"

\[[Continue Reading](http://www.musicthinktank.com/blog/5-money-management-tips-for-indie-musicians.html?ref=hypebot.com)\]

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