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	<title>the savvy musican blog &#124; The Savvy Musician Blog &#187; Money</title>
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		<title>Building Your Portfolio Career Part 3: Doing the Math</title>
		<link>http://www.savvymusician.com/blog/2011/09/building-your-portfolio-career-making-the-math-work/</link>
		<comments>http://www.savvymusician.com/blog/2011/09/building-your-portfolio-career-making-the-math-work/#comments</comments>
		<pubDate>Mon, 19 Sep 2011 18:42:28 +0000</pubDate>
		<dc:creator>David Cutler</dc:creator>
				<category><![CDATA[Career]]></category>
		<category><![CDATA[Money]]></category>

		<guid isPermaLink="false">http://www.savvymusician.com/blog/?p=2632</guid>
		<description><![CDATA[This is part 3 on a series devoted to Portfolio Careers. Now it’s time to do the math and determine your Portfolio Career Plan (PCP). As you’ll see, this process is quite logical. All you need is a pencil, paper, calculator, and a little creativity.
]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Building Your Portfolio Career Part 2: The 21  Income Models</title>
		<link>http://www.savvymusician.com/blog/2011/09/building-your-portfolio-career-the-21-income-models/</link>
		<comments>http://www.savvymusician.com/blog/2011/09/building-your-portfolio-career-the-21-income-models/#comments</comments>
		<pubDate>Mon, 05 Sep 2011 10:00:55 +0000</pubDate>
		<dc:creator>David Cutler</dc:creator>
				<category><![CDATA[Career]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[income streams]]></category>
		<category><![CDATA[making money as a musician]]></category>
		<category><![CDATA[multiple streams]]></category>
		<category><![CDATA[Protfolio careers]]></category>

		<guid isPermaLink="false">http://www.savvymusician.com/blog/?p=2620</guid>
		<description><![CDATA[If you have money to invest, any financial advisor worthy of their corner office will suggest you diversify the portfolio. In other words, don’t put all your eggs in one basket. The same logic can be applied to multiple-stream careers. This post outlines descriptions of 21 income models.]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Selling Out</title>
		<link>http://www.savvymusician.com/blog/2010/09/selling-out/</link>
		<comments>http://www.savvymusician.com/blog/2010/09/selling-out/#comments</comments>
		<pubDate>Tue, 28 Sep 2010 20:54:23 +0000</pubDate>
		<dc:creator>David Cutler</dc:creator>
				<category><![CDATA[Mindset]]></category>
		<category><![CDATA[Money]]></category>

		<guid isPermaLink="false">http://www.savvymusician.com/blog/?p=2091</guid>
		<description><![CDATA[“People who focus on making a profit through their art are selling out.”  That’s a fairly common belief espoused by some aspiring artists. As pure and romantic as this viewpoint might appear, I see things differently. 
]]></description>
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		<slash:comments>8</slash:comments>
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		<title>The Working Musician: Military Jobs</title>
		<link>http://www.savvymusician.com/blog/2010/02/military-jobs/</link>
		<comments>http://www.savvymusician.com/blog/2010/02/military-jobs/#comments</comments>
		<pubDate>Sun, 07 Feb 2010 12:00:55 +0000</pubDate>
		<dc:creator>David Cutler</dc:creator>
				<category><![CDATA[Career]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[The Working Musician]]></category>
		<category><![CDATA[air forces music]]></category>
		<category><![CDATA[army music]]></category>
		<category><![CDATA[coast guard music]]></category>
		<category><![CDATA[marines music]]></category>
		<category><![CDATA[michael mench]]></category>
		<category><![CDATA[military advantages and disadvantages]]></category>
		<category><![CDATA[military bands]]></category>
		<category><![CDATA[military jobs]]></category>
		<category><![CDATA[military music]]></category>
		<category><![CDATA[military pros and cons]]></category>
		<category><![CDATA[navy music]]></category>

		<guid isPermaLink="false">http://www.savvymusician.com/blog/?p=1150</guid>
		<description><![CDATA[With the possible exception of saxophonists and euphoniumists, few musicians dream of a military career. Yet this path can provide a dependable income, solid benefits, and varied opportunities. “This is a good four year job for just about anyone. It can be a GREAT 20+ year job for many,” explains Michael Mench, Commander of the [...]]]></description>
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		<slash:comments>11</slash:comments>
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		<title>Nonprofit vs. For Profit, or Both?</title>
		<link>http://www.savvymusician.com/blog/2010/01/nonprofit-vs-for-profit/</link>
		<comments>http://www.savvymusician.com/blog/2010/01/nonprofit-vs-for-profit/#comments</comments>
		<pubDate>Tue, 12 Jan 2010 13:00:28 +0000</pubDate>
		<dc:creator>David Cutler</dc:creator>
				<category><![CDATA[Money]]></category>
		<category><![CDATA[Fifth House Ensemble]]></category>
		<category><![CDATA[for profit]]></category>
		<category><![CDATA[Melissa Snoza]]></category>
		<category><![CDATA[musical organization structures]]></category>
		<category><![CDATA[nonprofit]]></category>

		<guid isPermaLink="false">http://www.savvymusician.com/blog/?p=1061</guid>
		<description><![CDATA[by Melissa Snoza.  When we formed Fifth House Ensemble in 2005, we created both a 501(c)3 nonprofit and an LLC for our private events business. Same folks, different purpose. Since our story appeared in The Savvy Musician, I’ve been getting many inquiries from arts organizations both established and emerging about how and why we did this, wondering if the same model would work for them. Inevitably, those who began as a for-profit think that they will raise more from donated funds as a non-profit, and vice-versa...
]]></description>
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		<slash:comments>4</slash:comments>
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		<title>Would You Trade 4 Hours for One Million Dollars?</title>
		<link>http://www.savvymusician.com/blog/2009/11/would-you-trade-4-hours-for-one-million-dollars/</link>
		<comments>http://www.savvymusician.com/blog/2009/11/would-you-trade-4-hours-for-one-million-dollars/#comments</comments>
		<pubDate>Wed, 25 Nov 2009 15:47:55 +0000</pubDate>
		<dc:creator>David Cutler</dc:creator>
				<category><![CDATA[Money]]></category>
		<category><![CDATA[financial independence]]></category>
		<category><![CDATA[financial literacy]]></category>
		<category><![CDATA[getting rich]]></category>
		<category><![CDATA[money for musicians]]></category>
		<category><![CDATA[one million dollars]]></category>
		<category><![CDATA[starving musician]]></category>

		<guid isPermaLink="false">http://www.savvymusician.com/blog/?p=733</guid>
		<description><![CDATA[“Would you trade four hours for $1,000,000?” That’s a question I recently asked a class of musicians.  What they didn’t expect—my question wasn’t simply theoretical. Four hours of time could actually lead to a million plus dollars.  And the proposed activity is easy.  Yet I suspect some of the students won’t be savvy enough to do what was suggested.  How about you?]]></description>
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		<slash:comments>15</slash:comments>
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		<title>Creating a Budget</title>
		<link>http://www.savvymusician.com/blog/2009/10/creating-a-budget/</link>
		<comments>http://www.savvymusician.com/blog/2009/10/creating-a-budget/#comments</comments>
		<pubDate>Wed, 28 Oct 2009 11:00:06 +0000</pubDate>
		<dc:creator>David Cutler</dc:creator>
				<category><![CDATA[Money]]></category>
		<category><![CDATA[budgeting]]></category>
		<category><![CDATA[creating a budget]]></category>
		<category><![CDATA[david cutler]]></category>
		<category><![CDATA[savvy musician]]></category>

		<guid isPermaLink="false">http://www.savvymusician.com/blog/?p=478</guid>
		<description><![CDATA[How much money is going in and out of your life?  Most musicians have no idea.  One practical and helpful exercise is to create a budget.
CLICK HERE FOR SAMPLE BUDGET 
 Click the link above for a budget template where you can calculate earnings and expenses for an average month.  Another great exercise, especially for students, is [...]]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>MONEY</title>
		<link>http://www.savvymusician.com/blog/2009/10/money/</link>
		<comments>http://www.savvymusician.com/blog/2009/10/money/#comments</comments>
		<pubDate>Mon, 26 Oct 2009 19:15:52 +0000</pubDate>
		<dc:creator>David Cutler</dc:creator>
				<category><![CDATA[Money]]></category>
		<category><![CDATA[money starving musician]]></category>
		<category><![CDATA[starving artist]]></category>

		<guid isPermaLink="false">http://www.savvymusician.com/blog/?p=470</guid>
		<description><![CDATA[Money.  Now there’s a word that can strike fear (or denial) in even the boldest of us! 
As musicians, we often come to believe that money is a forbidden, taboo subject. That our calling to make great art takes precedence over building a healthy financial profile. 
When doing a presentation for a wonderful group of musicians this [...]]]></description>
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		<slash:comments>4</slash:comments>
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