Ep. 84: Recovering from financial mistakes

Thriving Musician Podcast

Recovering from Financial Mistakes: Insights and Strategies for Musicians In this episode of the Thriving Musician Podcast, Spenser Liszt presents a comprehensive guide on how musicians can recover from financial mistakes. This episode, inspired by a follower's suggestion, includes insights from industry professionals about common financial blunders and methods to overcome them. Listeners will gain strategies to improve their mindset towards financial errors, practical advice on insurance and estate planning, and tips on managing credit card debt. Additionally, the podcast emphasizes the importance of having clear financial goals and establishing a strong financial foundation for long-term stability and success in the music industry. 00:00 Introduction and Purpose of the Guide 01:14 Understanding Financial Mistakes and Recovery 01:50 Personal Story: Family Bankruptcy 02:57 The Importance of Mindset in Financial Recovery 03:29 Navigating the Music Industry's Financial Landscape 03:49 Learning from Personal Financial Mistakes 04:23 The Role of Insurance in Financial Planning 08:49 Credit Card Debt: A Common Pitfall 11:05 Learning from Others' Financial Mistakes 18:51 Building a Strong Financial Foundation 21:10 Conclusion and Final Thoughts www.motifplanning.com/ep-84