It doesn’t really matter if you ever become a major star; if you can work consistently as a professional actor, you’re blessed, trust me. No, it’s what you DO with your money that will determine your true success.
Would you rather be a famous actor and be constantly bombarded with fans everywhere you go AND BROKE or a not-so famous actor who works from time to time yet has the security in knowing that part of the money you earned from your acting gigs is put away safe for a rainy day?
Sure, have fun, enjoy yourself, it’s okay to splurge a little sometimes but don’t be a fool. Save your money, invest it. Have “something to show” for all your hard work because you will not always work. Yes, you can work consistently as an actor all your life if that’s what you choose but let it really this sink in–acting as an occupation is not like a regular 9 to 5 job.
You will have downtime, times where you will be looking for work, looking for your next job. If you’ve already spent what you’ve earned and didn’t save anything what will you do?
I’ll tell ya. You will stress yourself out trying to book your next role and your agitation, frustration and fears will be all over your face when you go in to read for an audition.
Have you ever heard of the term, “Never let’em see you sweat?” Well, you’ll be “sweating” if you’re broke so save, save, save!
Remember, it doesn’t matter how small or big the job is, you can always put something away for a rainy day. If you get into the habit of doin’ this now, you’ll always be financially secure, even if you become a big time star.
But don’t ever end up being famous AND broke…
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This article brings to mind one such actress who has been "hot" for some time and has nothing to show for it, Lindsay Lohan. She is a financial mess and quite an embarrassment. At her age she should definitely have her act together, pardon the pun