Making it in the music industry takes grit and a lot of patience, but also sound financial advice. Laura Veltz is a 4x GRAMMY-nominated songwriter and has teamed up with Tracy Hackney, a seasoned financial advisor for musicians, to bring you the tips and tricks of the industry. Joined by host and producer, Kevin Sokolnicki, the trio has interviews with some of the most prominent and up-and-coming songwriters and artists in the music industry.

This episode is undoubtedly one of the pillars of Songwriter Soup so, please do not miss it. Tracy takes the wheel this week as he explains the system through which he organizes, manages and grows other people’s wealth.

The trio discusses Tracy’s famous buckets (short, mid and long term savings), as well as conventional wisdom most people use that, turns out, might be a less effective strategy for growing wealth.

This episode also covers the sometimes inaccurate, and often damaging, use of the word “retirement”, particularly in creative jobs like songwriting.

As heady and nerdy as this all sounds, it’s actually dripping in psychology so buckle up (bucket up?), this one might change the way you look at your money.

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