GYST | National

For many artists, dealing with finances is not a top priority until a financial emergency strikes. It is typical for artists not to receive a steady paycheck, and so it is vital that artists understand their income, their debt, their taxes, and their savings.

Always balance your accounts, and keep track of your receipts. It is a good idea to look over your finances before the end of the year, instead of April of the next. You may need to make adjustments to your budget, by either saving some of your income or spending it on tax-deductible items for your business.

GYST offers free professional practices for artists resources ranging from planning ahead, shipping and crating, taxes for artists, estate planning, goal setting, and much, much more.