Before we get started on your financial plan, you´re going to need a few things Email Article Print Article Bookmark RSS Related Content:   Artist Finances   How to Sell Your Art Online   Quit Job for Art?   Create Your Blog

Mini Financial Plan for Artists
1. Start Here
2. Beginner's Financial Planning
3. Risk tolerance questionnaire
4. Gathering Information
5. Income and Expenses Budget Calculator
6. Setting Goals
7. Debt Management Calculator

Before we get started, you're going to need a few things, such as: your last two years tax returns, latest bank statements, any investment statements, credit card statements, pension statements(401K, etc.), insurance policies, last two paycheck stubs, etc. Print out our Checklist to help you do this. (Note: Don't worry if you don't have absolutely everything that's on the list. What's important is that you have everything on the list that pertains to you. In other words, if you don't have any insurance policies or mortgage statements, then don't worry about it. Just get everything you currently have.)

By the way, keep this information and the checklist in a secure location, such as a file cabinet, where you can easily access it at any time.

When you're finished gathering your information CLICK HERE to fill in the monthly Income and Expenses Report.

Next... Setting Goals

Free Tools for Your Financial Plan:
Income and Expense Calculator
Risk tolerance questionnaire
Debt/Income ratio calculator
Financial Definitions

Related ARTrepreneur Content:

• The Pauper's Debt Management Calculator
• Financial Planning for Artists