So, you want to be a freelance filmmaker? Well, aside from filmmaking talent and luck, you're going to need to learn how to handle money—and I don't mean that in a snarky, get-a-side-job fashion. Although, you may want to do that. To have freedom and flexibility in this world, you need money. And that means saving what you have to help you get through the lean times. Today, I want to talk about budgeting your money as a freelance filmmaker. Let's dive in. Where Does Your Income Come From?With any budget, you want to start with the income you're making. I usually break this down by month. Who is paying me what? And how much are they paying me? This freelance filmmaking income can come from a variety of places including: Client work: The core of your income likely comes from gigs like directing, producing, shooting, and editing.Personal projects: Don't overlook the potential revenue from your own short films, documentaries, or web series. Consider self-distributing or aiming for streaming platform sales.Side hustles: Many filmmakers diversify their income with related skills like photography, graphic design, wedding videos, or social media content creation for other businesses.What Are Your Fixed Expenses?Every month, there's going to be expenses you know are going to come up. That's what you have to plan for as immediate expenditures. These will also tell you how much money you have to make to cover all this stuff. If you don't make enough, you probably want to find a side...
Published By: NoFilmSchool - Wednesday, 17 April