How to Tackle Debt as a Self-Employed Creative

what your future self needs a money calendar
Creatives Do Money
Creatives Do Money
How to Tackle Debt as a Self-Employed Creative
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This is the second of a 3 Part Series tackling some essential money management questions: Savings, Debt Payoff, and Retirement Investing for the Self-Employed Creative.

Today we’re continuing with How to Tackle Debt as a Self-Employed Creative.

“it’s an act of resistance and revolution to choose to do things differently with your money and to live without debt”

Eowyn Levene, Creatives Do Money Podcast, Episode 12

This week on the Creatives Do Money Podcast, Episode #12


Welcome to Creatives Do Money!  Each week we explore the topics of everyday money management, solo business ownership, and how we are fueling our creative futures.  I’m your host, Eowyn Levene, money mentor, massage therapist, and watermelon enthusiast.  And I’m on a mission to help you build the lasting financial stability that frees you up to do your work without hustling anxiously for the next dollar.  


In this episode

Manage Your Mindset for your Debt Payoff Journey (03:42)

  • Let go of judgement and shame around debt
  • Discover your why for paying off debt, and commit to it!

Gather your Numbers (00:00)

  • Figure out your minimum monthly expenses
  • Calculate your average monthly income
  • List all your debts out

{when you learn to live debt free} you no longer enmesh your future self, you leave yourself more free. And you offer yourself more choice, and more rest

Eowyn Levene, Creatives Do Money Podcast, Episode 12

Make your plan to pay off your debt (06:37)

  • Ask yourself the right money questions before creating your plan
  • Use the Avalanche or Snowball Debt Payoff Method?
  • Get yourself whatever help your need to support you in paying off debt

Carry out your debt payment plans (15:00)

  • Use a budget for success, and specifically a kind of money planning that’s tailored to the variable inconsistent income of the self-employed creative
  • The essentials of a budget that works when you’re a solopreneur

How to Maintain Motivation over your Debt Payoff Journey (17:33)

Resources

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Please share, subscribe, and review

Thank you for listening to this episode of Creatives Do Money Podcast. If you enjoyed this episode or know someone working to get better with money on a creative’s variable income, please share, subscribe and review on Apple Podcasts or Google Play Music so more folks can find the show and enjoy it too.

Creatives Do Money Together 

Money work can be hard, and we’re in it for the long haul! Join us in the Plum Tree Community for companionship, accountability, and education around personal finance as a solopreneur.  

Theme Music and Podcast Production

Michael Atkinson:  www.michael-p-atkinson.com

Download a Transcript of the Episode

Disclaimer

On the Creatives Do Money podcast, we talk a lot about money, but I am not a financial advisor or expert, and am not offering financial advice.  I share from my own personal experience, and that of my clients and community.  All content shared on this podcast is provided for entertainment, education, and information purposes only, and the podcast is intended as a self-help tool.  

For my full disclaimer covering all content on this website, and the podcast, please read here.  

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