How to Manage Your Finances in College for a Successful Stage Manager Career
So, you’ve begun your journey in college, juggling theater classes, required subjects for a balanced education, hours at the scene shop, and rehearsals. Tough, isn’t it? Well, the real world can be tougher. However, we have a few tips to lighten your load:
Save as much as you can. If you’re able to, get a job. Every penny counts. When you’re tempted by that new shiny object, ask yourself, “Do I need this, or do I want to eventually live in a city like New York?”
Look for work that’ll add sparkle to your CV. If you’re into the technical aspect, look for part-time work in your scene shop. If there’s none, how about the local hardware store or a local theater? If you’re good in front of the crowd, consider being a costumed character for birthday parties or a tour guide.
If you’ve got student loans, begin paying them off now. Let’s face it, a high-paying job straight out of school in the arts is unlikely. Being debt-free should be a priority. It might not sound glamorous, but think about spending a few years on tour or a cruise ship. It helps you pay off debts quickly and build a safety net.
Always keep a Plan B in your pocket. Might sound daunting, but it’s better to make a contingency plan rather than resorting to something like waitressing or babysitting later. I had substitute teaching as my Plan B.
Freelance writing can also be handy. Skills like these not only supplement your income but also provide flexibility.
Ponder over what you enjoy doing and how you can monetize it while being location-independent. Balance is key; you’ll still need to meet deadlines, but the freedom to decide your work timings is beneficial, especially for a stage manager.
What steps did you, or do you wish you had taken in college to boost your finances as a stage manager? Share your thoughts!