Guest post by Nick Garcia, label manager of Sharam’s Yoshitoshi Recordings.
For all it’s chocked up to be, the DJ/producer lifestyle is usually not as glamorous as it sounds, especially when it comes to money. For every uber-successful artist with a Porsche and a villa in Ibiza, there are countless more who don’t know where their next rent check will come from. Performance, remix, and licensing fees don’t just fall from the sky, and chances are those streaming statements can barely pay for a cup of coffee. Therefore, I’ve compiled five tips for artists who find themselves struggling financially to maximize what their money can do, both now and in the future.