Residency budgets

Few people can afford to take time off work for a residency without financial support, so it’s important to budget properly for the duration. Find out exactly what is available to you in terms of paym …

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What kind of money do you need?

Before investing lots of time in researching funding and finance options, it’s best to spend some time working out exactly how much – and what kind – of money you need. We all need different levels of …

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Spend less

The less money you spend, the less you’ll need to earn or raise. Before you think about raising your income, work out if you can reduce your expenditure. Are you paying too much for your studio (if yo …

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Loans and finance

Loans, overdrafts, credit cards, mortgages, micro-loans are all forms of ‘debt finance’: money is borrowed from a lender then repaid over a period of time, usually with interest. The total amount repa …

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Project budgets

Most applications will ask for a budget at some time during the process.  It is important that your budget remains within the guideline amounts provided and clearly shows how any monies provided will …

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