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Amanda Clayman on Artists and Money
Artists and Money

By Ginny Wiehardt, About.com

About: What sorts of services can an accountant provide? Do they also give advice, for instance, or is that kind of consultation typically extra? How can writers and artists go about finding accountants who will be sympathetic to their other goals?

AC: An accountant should be able to provide guidance on how to organize your expenses and (hopefully) minimize your tax burden. They should be familiar with the economic life of an artist and with what materials and expenditures are deductible. An accountant is not a financial advisor, though. If an artist is in a position to pay for it, financial planning services can be absolutely invaluable in terms of making investments and preparing for retirement or disability.

About: How did your work with actors lead you to want to write a book?

AC: I love working with people in the creative field because they are usually dynamic, interesting people with dynamic, interesting challenges! As a social work professional I particularly enjoy engaging in both the concrete issues (like those that accompany variable income) alongside the clinical issues (like fearing money will "taint" your creativity). My work is never boring!

Most of all I like how money really tells a story about the person's internal world. It demonstrates their choices, values, anxieties, and dreams. I would like to write a book that opens up the process of how we think about and use money in the hopes that it would help people to see that there's no such thing as "good with money" or "bad with money." At the end of the day, we should all just focus on taking care of ourselves financially and not sweat the more negative ways that people use money: for power and control, competitive comparison, or hoarding it out of fear.

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