Comments on: Money-Savvy Artist Tip #4: Beware of the It's-a-Write-Off Excuse https://dy-online.com/money-savvy-4/ Trusted Art Business Coaching and Consulting Sun, 01 May 2022 03:12:28 +0000 hourly 1 https://wordpress.org/?v=7.1.4 By: Amy Greenan https://dy-online.com/money-savvy-4/#comment-16076 Sun, 06 Nov 2011 16:56:18 +0000 http://artbizsuccess.com/?p=10972#comment-16076 I only use the write-off excuse when it’s not an excuse, but a valid expense. Sometimes I feel bad spending money on things that I need to buy anyway, so knowing that they often double as a write-off helps me remember that I am making an investment in my business as an artist. On all the rest… I am still working on it. I have been historically not so great with money, but hope one day to be in real control.

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By: Mckenna https://dy-online.com/money-savvy-4/#comment-16075 Fri, 28 Oct 2011 16:45:40 +0000 http://artbizsuccess.com/?p=10972#comment-16075 Somewhat related to “writing off while going broke” is something my Dad used to say: “You can go broke saving money.” Every time I see a “good deal” or deep discount I stop and really ask myself it I “need” that item or is it just the hunter-gatherer genes being activated. I have “missed” some good deals, but saved some serious money over the years – even if I could “write it off”.

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By: Jeb https://dy-online.com/money-savvy-4/#comment-16074 Fri, 28 Oct 2011 14:29:46 +0000 http://artbizsuccess.com/?p=10972#comment-16074 Gimmicks can be tempting, but “show me the money” is a better plan, in business and in life.

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By: Patricia C Vener https://dy-online.com/money-savvy-4/#comment-16073 Fri, 28 Oct 2011 13:09:49 +0000 http://artbizsuccess.com/?p=10972#comment-16073 Actually that’s a habit I’ve never formed. On the other hand, remembering which of one’s business purchases really are tax deductions (or part of Cost of Goods Sold) is very important.
Thanks for the morning uplift. 😉

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