My partner: $130.00 for picking up my boots from the cobbler
Credit Card: -2,278.96
Overdraft on chequing account: $327.19
Bank Loan: $5,193.48
I like to think of financial literacy as a flour mill…
You pour the grain in the top, and flour comes out the bottom (I think that’s how a flour mill works). I say to myself that becoming more financially savvy isn’t necessarily about finding more grain to put in the top, it’s about improving the machine itself, so that whether you are putting in a small amount of grain or a lot of it, you know the machine is working as efficiently as possible.
I like this metaphor because (despite being oddly agrarian) it counters the trap of “I only need to learn about money when I make money.” See this and other kooky beliefs we artists hold about money HERE.
But recently, I have found the limits of this.
I’m currently hustling butt trying to get enough hours in at a couple new jobs while still keeping my time open and flexible for auditions. It’s meant I have a whole lot of no grain. I’m realizing that even when you have a real slick machine, it looks like “alright, that grain has been processed…” And then you sit there for a million years waiting for more grain to come in. Because if you don’t have any grain, you’re not making any flour, no matter how good you’ve made your machine.
So, onward hustle for me as I try to get enough money to live and also start to pay off debts. Wish me luck!
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 firstname.lastname@example.org