Music and Finances


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In my opinion; music and finances are very similar in their close relationships to mathematics.   I believe most musicians will agree with me that during most songs there will be some sort of time-able beat.  Most commonly there is something called 4/4 time where basically you can count to 4 with the beat of any song. Then often after the 4th time you do count to 4; there will be a new verse or the chorus…

Similarly; finances are related to mathematics for many reasons; but most simply because things can get bad very quickly if you don’t keep a close eye on the amount of money you have, the amount you are making and the amount you are spending.

Another way in which finances and music are similar;  they can both imbue some very deep emotions. I don’t remember the exact numbers but if memory serves: more than half of marriages that end in divorce were due to finances; usually from debt and/or lack of income, etc. so obviously not having enough money can at least indirectly cause us to have deep, even painful emotions such as stress, depression, anger, etc.;  Relating this back to music; any avid music listener knows that there are certain songs that completely change our current moods if we are willing to actually listen to and be receptive to those songs.

With music and finances; there are also almost always some uncertainties; hopefully not with your own finances too much, but with the stock market for example, or for someone that works for the government during a government shutdown…. So It’s not always easy to know what is going to happen down the road

When you have never heard a genre of music before, and/or a song from a band you have never heard of is about to be played for the first time, you don’t know what to expect.  But if you listen to reviews of that genre of music or the band, you listen to a couple of their other songs first; you “test out the waters” as it were; you’ll have a better idea of what to expect when you do listen to that song;

Likewise: no one knows for sure where the Nasdaq or the Dow will be in a years time..So you could teach yourself more about finances; learn everything you can about the real definitions of an asset and a liability, why you need to focus on first finding ways to make residual passive income, and making your income higher than your expenses while paying off debt  For example, musicians make royalties off of one commercial or one movie that their songs appear in, and those royalties come in permanently after that (often monthly or quarterly).  Similarly; authors write a book once and permanently earn money each time someone purchases a copy of it..  (Not including advertising/marketing) We never have to do any more work after we finish creating these things which is what makes them passive income….

If you fully understand the information above, and you utilize that knowledge to your benefit: you will have a lot better idea of the different options available to you. Be able to learn all the details about anything you want, and generally be more prepared for the future (anyone can learn anything; for free; now that we have the internet; you just have to take the initiative to go online, and do the research).

The best advice I could give is; keep your current job at first and/or find something that provides a steady paycheck with enough money to survive off of; and try to find ways to earn passive income on the side until you are making a consistant amount of money every month that is (I recommend) at least twice the amount you are making at your steady 9-5; and then you could quit it.  If you don’t have any feasible ideas off the top of your head that will enable you to begin making some sort of residual income;  find something you love doing, read up on it; and start doing it when you aren’t working, you can teach other people that skill, or if it is creating something; sell it!

Though it is usually a good idea to educate yourself in every aspect of any topic you are interested in; do not waste unnecessary time and money on a formal education when all the information you learn in school is available for free on the internet.  You would be surprised how often the richest people in the world take legal “short cuts” like this to save even small bits of money.  Being frugal is the name of the game; the people who are the richest who obtain wealth and then STAY wealthy from then on are the ones with large residual passive incomes, and relatively low overhead; along with the self restraint to not spend all their money on unnecessary liabilities.

For example you could have 10 million dollars in your name, own a small 2 bedroom 2 bathroom condo with a minivan (all of which you paid in cash) even though you could EASILY afford the mortgages on 2 mansions and a vacation home, easily lease a couple Lamborghinis, Ferraris, etc. or whatever you wanted to buy, but instead of getting these leases and mortgages the smartest, wealthiest people invest that money into safe investment vehicles instead, and actually may have a mansion or two, but they would be renting out those mansions (a type of residual passive income because they are renting them for much more than how much they are paying on the mortgages/bills each month)..  I am not a real-estate expert; I am just giving an example:  so when you start to get to this level of investing it is a good idea learn from an expert who has a proven track record and you should read multiple books on the subject before making any rash decisions (I do know that renters insurance is a good idea)…

When I am interested in a subject; I read books or watch youtube videos; and talk to and more specifically listen to people more knowledgeable than me in those fields (all of which counts as getting an education in my opinion).  Be aware, however; that one of the best educations you can get is called learning by doing..  Just dive straight in and stop worrying about what other people think or say and learn as you go. There is always “more than one way to skin a cat,” and as long as you are smart about it: it is much better to try and fail than to never try…

Thank you for reading and keep an eye out for my next post; where I will go over a new financial product which earns guaranteed interest (much more than any bank will offer in savings accounts or CDs, etc), has downside protection, is completely tax free, and can even save your life!

See you soon  =)



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