Jaclyn Mrozek and Andrea Miller discuss the importance of year-end financial reviews for music teachers, focusing on collecting financial data, understanding net profit and net worth, and assessing overall financial health.

They emphasize budgeting, establishing routines, setting financial goals, and leveraging resources for better money management.

The conversation addresses the emotional aspects of handling finances and encourages teachers to confront their monetary realities without shame, ultimately creating a sustainable financial environment in music studios.

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Links and Resources Mentioned

Calculator for Studio Metricshttps://www.musicstudiostartup.com/numbers-to-know-in-your-music-studio-business/

Net Worth Article: The Case for Tracking Net Worthhttps://www.musicstudiostartup.com/the-case-for-tracking-net-worth/

Tax Insights Worksheet + accompanying podcast episodeMusic Studio Startup Episode 093 – Andrea Miller on Business Insights from Tax Returnshttps://www.musicstudiostartup.com/episode093/

Want to Connect?

Andrea Miller

www.musicstudiostartup.com

www.instagram.com/musicstudiostartup/

Jaclyn Mrozek

www.instagram.com/jaclynmrozek_piano

Email: [email protected]

Join the Email List: pianokats.kit.com/profile

Freebie Printables: www.pianokats.com/piano-printables

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Intro and Outro Music

Title: "Changes" 

Artist: Elizabeth Swift

Courtesy of: Elizabeth Swift Piano, ASCAP
Link to Music: https://www.elizabethswiftpiano.com/music/p/changes-early-intermediate-jazz-inspired-piano-sheet-music?rq=changes