My profession is an accountant but I also identify as an artist...I love creating but have not pursued a career as a creative at this time (I have sold some art but my main focus was on my finance career).

From speaking to creative acquaintances and my own research on social media, financial education is not often taught in artistic spaces. In fact, it is only recently that mainstream education is teaching financial literacy.

The myth of the "starving artist" has led many creatives to believe that financial success and creativity can’t co-exist. I really dislike this as there are plenty of wealthy artists! However, financial literacy is essential for anyone pursuing a creative career, whether as a freelancer, entrepreneur, or business owner.


Common Money Myths That Hold Creatives Back:

1. "Creatives aren’t good with money." – This is a learned belief, it is not a fact. Managing money is a skill that can be developed.
2. "If I love what I do, I shouldn’t charge much for it." – Passion and profit are not mutually exclusive. Your work has value!
3. "Artists don’t make enough to save or invest." – With the right strategy, you can build financial security.

By shifting your mindset around money and understanding the power of financial literacy, you will gain control over your creative career. Learning how to budget, save, and invest can help you build a sustainable business, avoid financial stress, and even open doors to new opportunities.


Key Takeaways:

• Financial literacy empowers you to price your work properly and confidently.
• A creative career does not have to mean financial struggle.
• Understanding money helps you sustain your passion long-term.

The accompanying Financial Literacy Workbook is available to download in the next lesson.