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The other day I was talking about frugality and it is true, these are trying times. But as an actor it is important to be smart when it comes to finances. When I first became a professional actor and by professional I mean getting paid to act, I was so excited. I had done plays and student films. I had done industrials and even did make-up for indie films. I did extra work for $8/hr just to learn the ropes. As I got more familiar with acting and knew I wanted to do this for a living and not just a hobby, it became necessary to sit down with my family and have that financial talk.
Acting is not cheap. There are expenses for head shots, photographers, printing, postcards. You have to have reliable transportation to get to auditions and pay for parking. There are dancing classes and voice lessons and acting classes. You must have a decent wardrobe. You may also have a membership to a gym. Unless you are married to a sugar daddy or sugar mama, it takes juggling of time and finances to be successful.
When I first started getting paid for my work I put all my monies into the family account to help out. But then I quickly realized that acting jobs are hard to come by. And as soon as the money came in, out it went to help pay bills. Then I learned that it is important to put some of those monies aside for a rainy day.
Head shots should look like you. You cannot have a head shot from 4 years ago. They must be current. I actually have several that I use. A good head shot will get you an audition. It rarely gets you the job but it does get you in the door. So don't skimp on head shots.
On my last job which was a national commercial for Pepsi, I was talking with some of the other background actors. The moment I said that I used to be a banker I got every one's attention. Unfortunately, most people I meet on the set are good when it comes to being creative but they are not good when it comes to the business side of show business.
Many people spend all their money as soon as they get it. But what if the next acting job doesn't happen for 3 months? Then how do you eat? How do you pay the rent? How do you pay for the next set of head shots? It takes planning. Believe me I love to go out to eat and I love a fine dinner with wine. But if I ate that way every day I would be broke all the time. So now, I try to remember those lean times. And then I put away the rest for that rainy day. And rainy days will come, even in southern California. So remember, be smart when it comes to finances.