(3.5 mins.) When your income is in a lower tax bracket because work was slow there is a silver lining. You can take advantage of those years (a strike year, for example) by utilizing the Roth Conversion strategy, which is similar to a Backdoor Roth. You’re paying less in taxes so now might be the right time.

(2.5 mins.) Financial Planning is a lot like pre-production. There are rewrites, meetings, collaboration, and discussions but it’s all about planning ahead. If you understand the importance of the pre-production process to the overall success of a project then you might understand the importance of Financial Planning. You are planning for the success of your future.

(3 mins.) Like a character with one line in Act II, every dollar should have an intention. There should be a reason why this dollar is being invested. Since there are whole sections at Barnes and Noble called “Investing” I’m not going to write something that’s been written a thousand times over. I want to discuss the very beginning and focus on three things: 1) Goals 2) Time Horizon 3) Risk Tolerance.

(3 mins.) If you think you should make higher monthly payments or simply pay it all off at once, paying down your debt comes down to a few different factors: 1) The big picture 2) Psychological impact 3) Not all debt is bad 4) Defining the debt and its differences.

(3 mins.) Establish your very own retirement plan through your S-Corp and take advantage of the loopholes. You can save nearly TEN TIMES as much in a tax-advantaged account than you can as an individual.

(3 mins.) There are certain strategies that MUST happen before the end of the year, otherwise you lose out on the advantages. Issues such as 401(k) contributions, charitable giving, Loan Out strategies, tax loss harvesting, and tax bracket maneuvers should be considered before the end of the year.

(3.5 mins.) Writers and directors are often confused about when to create their own company, or Loan Out. Otherwise known as “incorporating yourself” a Loan Out can have many benefits to those in the Entertainment Industry. Here are a few of those advantages.

(4 mins.,) The Entertainment Industry has been force-feeding the term “business manager” onto us for too long. Unsuspecting writers and directors assume they need one but don’t really know why. I break down the differences between the two and help you realize that one is not a replacement for the other.

(5 mins.) Most creatives fall into one of three categories when it comes to spending money. The first is to hoard as much of it as possible…