by Whopbamboom » Sat Jun 16, 2007 6:53 pm
For me and my wife, it was a matter of slashing our overhead to the bare minimum's. This has entailed getting rid of our second car, putting my phone service on the cheapest plan possible, stop working (and driving around), rent just a room and not a whole place by ourselves, and have been living off of selling off our other posessions.
This was all done after realizing that we were in absolutely NO better of a place by working. Driving to work costs a lot of gas money, wear and tear on our vehicle (which involves maintenance costs, resale depreciation, having to replace the vehicle sooner, etc., not to mention that our insurance costs increase with increased mileage. This forces a person to HAVE to work more, which also increases the taxes that must be paid on that income, which means that a person must work even more, etc. etc. etc. You wind up working just to be working, and it doesn't leave you any time to seriously persue music.
It's a viscious cycle, and it will eat up all your time and money. This is why we looked at breaking free of it, and whether or not we could basically live off of selling our existing posessions and in essence, go back to school and persue our music career in earnest.
This is also not something that we are doing as young kids! (I am 38 now). This has come after years of fruitlessly struggling to do it with the regular job and all the costs that comes with that. It has also come after working in a corporation for several years, all the while making several attempts at private business, and then several years of college (as a music major) to boot. We just realized that this was the way to go for us, and it's not all that bad! We now live away from the city, up in the mountains near a beautiful lake and in fresh clean air, we walk everywhere, take hikes, and simply are home-schooling and preparing for a music profession together. We currently practice at our local church a couple sessions a day, and the rest of the time is used for other preparations. Sure, we will eventually have to rejoin the "rat race", but the next time we do, it will be in the music business.
Of course, we do not have kids. And that can make a huge difference right there. I can't offer you advice on that.
But what I can say--- take a look at where all your time is going, and then ask yourself if there's another way.
If you own a home with a lot of equity, that's great-- I sure don't. But if you absolutely loathe your current career, have a life full of stress, dream of being a musician for a living, and just cannot spare the time to get there, then you might want to start looking at ways to use your current resources differently. If you seriously wish to go into the music profession, then perhaps it is a good move to sell that home, live off that equity, rent a little place in the boonies for cheap, get some fresh air, and spend your time working on music. The internet really allows you to be in the middle of nowhere and still persue music-- plenty of information, and you can have items shipped to your door.
If you are not persuing a music career, and really just want to play more music as a hobby, then you won't need to make such a drastic change. But the idea is the same. Take a look at the things ththat you spend all your time on, and see if there's another way. You only live once, and in my opinion a life is wasted if you can't do the things that you really want to do.