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Welcome to the Money Magic Podcast with Vangile Makwakwa, this is the podcast where we talk about trauma and how it affects our finances and our lives. The intention with this podcast is to provide you with weekly episodes that help you understand the importance of healing and help you understand your relationship with money better so you can start making different financial decisions and creating a life you love for yourself and future generations.
Episodes
Saturday Mar 27, 2021
Episode 5: Learning to Create a Consistent Monthly Income as an Artist or Freelancer
Saturday Mar 27, 2021
Saturday Mar 27, 2021
My first company was called Speak 2B Free, and the purpose of the company was to promote spoken word poets and help them make an income from their craft.
I was trying to teach artists to make money, whilst I was struggling to make money and manage money, so of course - the company failed.
I ran that company for 4 years and managed to make US$500 revenue, in the entire 4 years 😭
Deep down a part of me believed that artists couldn't make money or a living, luckily a lot of my beliefs have changed them.
And not only that, I get to hold space for artists and freelancers and I get to see what's truly possible for people when they heal their money trauma.
In this week's episode of the #MoneyMagic series, I sat down with Toni Stuart, a professional poet, healer and Money Magic student to ask her about her money journey.
In the interview, Toni explains how she had to change the way she sees herself as an artist, and start seeing herself as a business owner.
She also had to change the way she was charging for services so that she no longer exchanged dollars/rands for time.
She sat down and used the goal setting worksheet in the course to create 5-year income projections, get clear on her personal and business expenses, separate her business and personal account and start saving towards her big life goals.
She shares how she had to start building a business that allowed her to charge based on value and not time and how she is now creating extra streams of income and has launched a membership site that will allow her to make a steady stream of income every month and start investing.
If you're a freelancer, artist or start-up entrepreneur, who feels lost about creating a steady income stream, then this episode will definitely inspire you.
Click on the episode below to learn more, and leave a comment in the comments section below.
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