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how kids make money

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Tony
Your site is so great, it makes researching the business sooo much easier having all the info in one place! thankyou thankyou thankyou.
Amada, aspiring actress, Sydney, Australia

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Hi Tony!
Most people don’t even take the time to tell a person how to reach their goal. I want to thank you for everything and for responding to my messages. Sometimes I just test people to see if they really care about my career and you do. You can continue to send me some tips on how I can accomplish my goals, because you inspire me a lot. Thank you for caring.
Jeffrey, Dallas, TX

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Hi Tony!
Just wanted to say that this site is FANTASTIC! It's helped me quite a bit and it's now my #1 bookmarked item, which means I'm going to be visiting here regularly :) Thanks again,
Rob, aspiring actor, Canada

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Hi!
I absolutely love your site - it's SOOOO helpful and very impressive!
I am a frequent visitor and have signed up for the newsletter, plus I think it's so good I have recommended it to all my acting friends! Thank you for creating such a wonderful website!
Mischa, UK

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Wow Tony! I would just like to comment on how much you have affected my life.
First of all, any questions I have are answered extremely fast, and not only that, you give me a very helpful answer every time. Also, by reading your newsletters, I obtain just the right information that I need to succeed in the acting business. I am so happy I discovered your site, and I hope you know how much we actors appreciate you. Thanks again, and I can't wait to read your next newsletter!
Laura Doukas, Actress

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Tony,
I did what you said and…I got two interviews with two agents! Thank you! Sorry but can I ask you…how do I prepare to go meet the agent? What do I have to do?
Marsha P., New York, NY, USA

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This site has taught me a lot that I needed to know without dragging me all over the place.
Lauren, actress, Atlanta, GA

Good Budgeting:
It can make all the difference in the world!

...Being Able To Take A Class Or Not!

7. Budgeting and Finances

A good business manages its financial situation very well. Having a budget and sticking to it are essential to overall business success. The begins with the business plan. All spending can happen only if it is in line with the business plan. In other words, spending the company’s money should always have to do with helping it accomplish its plan and ultimately achieve its vision. Managers get together and project what they will need to spend to achieve the company plan. Advertising, selling tools, computers, maintenance, and so on are all planned for and budgeted in advance. Once the general manager and finance director approve each manager’s request for money to spend, they will be expected to stay within that budget and save wherever possible.

Budgets are usually tight. That means there is little or no room for unplanned expenses. When I was in Nike, so many people asked me for sponsorships for their sons or daughters who played sports. My answer was most often no, because the company had a very clear strategy. It was to focus on the bigger teams that would get the company greater visibility. For the smaller teams and individuals, there were other programs that didn’t necessarily include sponsorship but had other benefits to help improve their performance.

Do you know where all your money goes each month? I thought I did until some years ago when I monitored all my expenses over the course of several months. I kept and registered every receipt for every item I bought, whether it was a bottle of water, a taxi ride, a bag of chips, groceries, or whatever. I needed to do this in order to ensure that I wouldn’t run out of money during my first year after having quit my corporate job. I knew that I would not be making much money during that year, and I wanted to make sure my budgeting was accurate.

If you haven’t done it, I highly recommend it. It is amazing to see how much we spend on Starbucks and cigarettes see how much we spend on Starbucks and cigarettes and other daily habits! While gathering information for my book, I was talking to a fellow actor who told me that sometimes he has to decide between paying rent and taking a class. If with better money management and a savings plan, even if just a few dollars a week, those kinds of decisions could be made easier for a lot of people.

Good, solid planning will help you make good budgeting decisions.

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