What Artists Believe About Money: Infographic

What Artists Believe About Money: Infographic

Whenever Emily or I do financial workshops with a group of creatives one of the first questions we ask is what people believe about money.

It might seem like a pretty hokey way to start a financial seminar, but it’s really important.

The things that we believe about money have an immense amount of power. They can filter the way we hear information. They tell us what’s possible and what’s not. They shade everything.

And sometimes, that’s a good thing, but other times those beliefs really aren’t helping.

Those discussions are always really empowering for me. So many of the beliefs people share are ones that I’ve struggled with and felt I was alone in.

So, we put a call in the creative community for the ‘things that people believe about money’ and put together a list for you below. While you’re reading through it keep an eye out for the ones that make you say “well that one is actually true”… that’s a tell tale sign that it might be a belief that you’re carrying around the world.

Remember, usually beliefs aren’t myths. Beliefs are often based off of true experiences. Building awareness around them isn’t about debunking them or exposing them as lies that we’ve built our lives around.

The question is… does this belief still serve me? Is it helping me build the life I want or is it holding me back?

And if it’s holding you back… how can you nudge it in a more helpful direction.

What do you think? Any of those jump out to you? Is there something that you believe that’s missing… leave a note in the comments!

Emily Nixon

Emily Nixon

Rags to Reasonable Community Outreach Coordinator

Emily Nixon is an actor/writer/director/filmmaking Swiss Army Knife. She is also a big money nerd and Community Outreach Coordinator for Rags to Reasonable.

She came to this work after becoming completely fed up with living paycheque-to-paycheque and being too afraid to look in her chequing account. She is passionate about empowering other artists and variable income earners to keep doing what they love and feel confident about their finances.

Email Emily at emily@ragstoreasonable.com

Want to start getting control of your money? How can I help?

Budgeting doesn’t mean fewer cupcakes

Budgeting doesn’t mean fewer cupcakes

One fateful Sunday, in a fit of boredom I baked 2 dozen cupcakes.

I really didn’t need those cupcakes, and after the copious amount of batter and icing I ate while making them… I didn’t really want them.

But from that experience was born this tasty little budgeting infographic.

I hope you enjoy it, eat a bunch of cupcakes, and remember that budgeting doesn’t mean you get less stuff… it just means that you don’t have to feel bad about the stuff you do get.

Budgeting Infographic

If you’re interested in reading a bit more about the combined subject of budgets and cupcakes… might I suggest:

HOW TO BUILD A BUDGET THAT DOESN’T SUCK

and also (although it’s light on the cupcakes):

PLANNING TO BE SPONTANEOUS: HOW BUDGETING FREED ME UP TO BE IN THE MOMENT

Want to start getting control of your money? How can I help?

Chris Enns

Chris Enns

Financial Planner/Opera Singer

Money never came naturally to me. In fact… I was a bit of a disaster. I remember (very clearly) what it feels like to be ‘financially out of control’.

And honestly, I still get stressed about money… that doesn’t stop… the difference is that now I have the tools to deal with that stress.

And those tools are what’s made it possible for me to build a life full of the things I want: art, creativity, travel, family and more.

If you want to start getting control of your money I’d love to help. You can start with THIS QUIZ, visiting my GETTING STARTED PAGE or by checking out my SERVICES page.

Who’s buying homes in Canada – Infographic

Who’s buying homes in Canada – Infographic

I don’t know if housing has always been a loaded conversation in Canada… but it sure seems to be right now. 

The housing ‘discussion’ has gotten out of hand… with warring sides yelling their arguments at each other without ever increasing rage. 

I find lots of things annoying about this discussion, but a few things rise to the top…

  1. 1. It’s not about Canada… it’s about Toronto and Vancouver… which really isn’t a Canadian conversation
  2. It rarely captures what people are actually thinking… like the people that are actually buying the house (not the 100s of people commenting on it)

And so I was really happy to stumble across a survey that tossed some data at a few interesting questions (or at least tried to get some answers from real people): 

  • What’s the most challenging part of buying a home? 
  • Do you think buying a home/condo is a good investment?
  • Where is the money coming from? 

Now, these results aren’t fresh off the boat, they’re from early 2016, but I think they’re still interesting. 

For example: did you know that first time buyers looked at an average of 13 HOMES before buying their current home. 

Cool right? 

Now, I completely understand if this infographic doesn’t change how you feel about housing, but it’s colourful and I poke gentle fun at middle aged folks with a carefully crafted cartoon (calm down boomers we all know that you’ll live forever). 

9 out of 10 people believe that buying a house/condo is a good investment

That’s a lot of people.

But what I found really interesting about these results is that when you break that information into generations… the number starts going down the younger you get.

89% of 45 – 54 year olds are on the good investment train… but only 76% of 18 – 24 year olds.

So maybe the housing bears are slowly winning this ‘discussion’ that we’re having… or maybe the big city markets have just broken the spirits of 14% of today’s youth.

At the very least it seems like the statement ‘buying a house/condo is a good investment’ is insanely situational.

Not only is it tied to region, it’s tied to personal situation and life goals and all that other fun stuff.

I find it hard to believe that buying a house/condo is a good investment for 90% of people, but maybe that’s my own bias showing.

(IF YOU WANT TO READ SURVEY RESULTS…. HERE’S THE LINK FOR THE ORIGINAL SURVEY.) 

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