Getting out of debt is never simple. Far too many people learn this information the hard way. The millions of Americans currently drowning in debt can attest to either fact. Luckily, as a musician, you have an advantage that many do not when it’s time to finally put your foot down and clear your name of debt. If you’re tired of the overwhelming stress that debt causes, Clay Advisors offers several ideas that musicians can use to earn money and reduce the debt they owe. Anyone who is ready to get back on the right financial path can benefit from these ideas.

Tip 1: Sell Your Music Gear/Equipment

Parting with music gear and equipment that isn’t being used can rack in a nice sum of money fairly quickly, especially if you own vintage items or collectibles. Any instrument or gear is worth the money, however, so why not retain some of its value by passing the item along to someone that needs it and can put it to use with their music? Post the items for sale online, at music stores, and offer them to fellow musical friends.

Tip 2: Play Side Gigs

Maybe putting together a full concert had plausible, but you can certainly rake in some cash by playing side gigs in the local community. Book tose gigs and watch how quickly you earn cash to pay off those debts. Maybe even put on shows at weddings, corporate events, family reunions, etc. to earn money to use to pay off your debts.

Tip 3: Enter Contests

Maybe you’ve never been someone to enter contests, but that should change, especially if you are a musician who’d love to show off their talents? Local, state and national contests for musicians exist and with them, you can have a great time and win money and recognition. This is music to the ears of any musician!

Tip 4: Write Songs

Every musician needs songs to sing and play to his fans. If your talent lies within the songwriting niche, why not write music for others? They’ll pay handsomely for the right songs. With a bit of effort writing songs and music, you could really pocket money writing songs for other people. As a bonus, songwriting is a ton of fun.

Tip 5: Teach Music

If you are talented enough to help others learn the amazing skill of music, teaching music be an excellent money-maker. You can teach music to kids or adults, charging various per-class fees. Helping others is rewarding, but earning money to help clear your name of debt adds extraordinary excitement to this task. Many people use this idea to profit and you can be amongst them.

Get Out of Debt With Clay Advisors Help

If you’re ready to get out of debt, put your musical talent to work and use the ideas above to reduce that amount. In no time, you’ll find your debt reduced or even eliminated altogether. It feels great to get out of debt