Starving Artist: Episode 11: Taking Control Of Your Finances with Sarah Firth
Why You Should Be Listening…
When was the last time you really took a risk with your money? For me, it was when I started grad school. I would be attending school part-time, going into debt, and working part-time at my job so I could really put my all into school. I figured out alternative health care options in NYC, and I was lucky enough to have parents who could (and offered to) help with that financial burden. I grew up in a practical family, which definitely has helped with saving money. But, it also made me very afraid to leave the security of full-time work. After I made the leap, though, I figured something out: I could do this whole “non-traditional” route thing. I could make it work, and I could finally start pursuing my writing.
On this week’s recommendation, artist and writer (and of course, podcast creator) Honor Eastly interviews artist, writer, and graphic recorder Sarah Firth about just that: finances as a creative. Now, when I use the term artist on this blog, I am typically referring to a large scope of art or creativity, but in reference to these two talented ladies, I specifically mean visual art (be it drawing, sculpting, etc.). I find that their advice is quite applicable to all realms of “art” and it has definitely helped me with my own. Throughout the episode, they discuss financial literacy, honing that skill, and how to tackle the existing tension between making money and creating art. It also helps that Honor is endearing and funny throughout every episode and Sarah is tactfully direct in her discussions about these topics.
Something I particularly like about this episode is that it doesn’t just lay out the numerical ways to handle your finances (though I have found really helpful advice on that here); rather, it prompts you to think deeply about -- and really look at -- your emotional relationship with money. Things like knowing your worth or seeing your rate as how you value the work you put out into the world. Sarah also breaks down money identities into four categories: money avoidance, money worship, status, and vigilance, so that you can begin to have a more honest conversation with yourself. I also love how they address privilege (such as how I’ve had the opportunity to build some savings since high school thanks to my parents helping me out with certain bills) and when to charge a day rate versus an hourly rate.
Starving Artist was one of the first podcasts I listened to that was strictly focused on life as a creative and that really helped me believe that I could begin to pursue my writing. I hope it will help you at whatever stage you are in with your creative pursuits and add some insight and community into what you are doing. This episode is like an inception of resources; throughout, both women drop suggestions of where you can gain more knowledge about effectively building your life as a creative aaaaaaand Honor puts them all in the show notes for us (shoutout to Honor). Now that you know all that, make sure to listen to the episode, start figuring out your money identity, and then check out Sarah’s art on Instagram ‘cause her art is pretty fucking cool.
Quotes Your Should Write Down