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.

So, you just scored your first hit song! Time to buy a boat, a big house and that Rolex you’ve been eyeing, right? Not so fast. You can still have fun, but it might be a minute before the next big one comes around so let’s breathe and do some future planning.

This week the gang breaks down what a “hit” actually means, how much it might be worth and how to manage the money it makes you properly.

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