Saving For Our Rock Star Wannabe’s Music Training

We parents always strive to be able to provide well for our children’s needs. Aside from working hard to give them their basic needs, we work even harder to be able to help them harness their God-given talents and to aid them in developing their full potentials.

Well, I’ve already mentioned that our little girl has voiced out her dream of becoming a rock star. Of course, we want her to excel academically in school and earn a degree from a reputable university. However, we also want her to develop her other talents and if she’s interested in music, hubby and I will strive hard to provide her all that she needs to fulfill her RockStarhood dream.

We know it’ll be costly so we’re already starting to save for whatever expenses would be incurred. Aside from music lessons, our little girl would also need equipment and instruments some of which are amplifiers, mixers and wireless microphones and headsets. These expenses on top of her tuition fee would be quite a hefty sum. Not to mention marketing her music if she ever recorded anything, that will be even more expensive! However, one of my friends did tell me about how you can buy spotify plays if you have music on there, this helps to steer more attention towards it. This might be a good idea to keep in mind if she ever wants to actually release any music!

What I’m doing now is squirelling some money from our monthly income and putting it in a savings account. Once the balance is enough for minimum placement in a mutual fund, I will transfer it to one. This way, the money will earn more interest and will hopefully be enough to cover our miscellaneous expenses in the future.