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Singer

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AVG. SALARY

$47,258

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EDUCATION

No standard requirement

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JOB OUTLOOK

Stable

Real-Life Activities

Real-Life Math

Apart from performing on stage, there is a lot of behind-the-scenes work you are required to do as a singer. When you are not out doing the fun stuff such as rehearsing, setting up for events, or doing a recording session, you must be in the office taking care of your business.

"There are a lot of fun, different and exciting aspects to it [being a singer] but there's also all the mundane things that go with any job, like bookkeeping, accounting, filing, contracting," says Sarah Morrison.

Morrison is a singer who with about 20 years of professional experience. Today, you will be out running a lot of errands in order to prepare for a show at a local lounge tonight.

You need to keep accurate accounts of the money that is spent and received. At the end of the day, this is what you have tracked:

  • Amp repair: $66.40
  • Dry cleaning of your performance outfit: $75
  • Transportation: $30
  • Mike (set-up staff): $60
  • Alex (guitar player): $400
  • Jasmine (keyboard player): $400
  • Profits: Gig at the Music Note Lounge: $2,000

Using the above information, answer the following:

  1. How much money did you spend today?
  2. What was today's profit?

Contact

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  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.