Ep 249-Jeffrey Neavor on Building a Financial Plan

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Jeffrey Neavor works as a financial advisor after 22 years as a music educator. Jeff has focused on planning for music educators, composers, and freelance creators. Jeff’s bands won 14 straight Illinois State Marching Championships, performed at multiple state conventions and festivals, were Presidential Inaugural Parade performers, had numerous BOA Super Regional Finals and Grand National Semifinals placements, performed at National Concert Festival, and received the 2017 Sudler Shield Award.

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Band Director turned Financial Advisor Jeffrey Neavor discusses why AND how to build your financial plan.

Topics discussed in this episode

Music education
Being a band director
Transitioning to financial services
DFY vs DWY
Building a financial plan
- Risk management/protecting income
  - Life insurance
  - Long-term care insurance
  - Liability, auto, home, disability insurance
- 6–12 month emergency account
- Setting up a business account & pay yourself from it
- Investing
- Building a team

Websites:

jeffreypneavor.mn.com

Email:

jeffrey.p.neavor@nm.com

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This episode was edited by Studio184.

Garrett Hope2022-06-29T10:01:01-05:00

The Podcast Mission

To help composers with the business end of writing music through mindset, marketing, and business skills.

The Philosophy

I believe that composers are self-employed small business owners. In order to succeed in getting our music in front of people who are interested in hearing it we need to know essential business skills such as marketing and networking. Building a successful career as a freelance composer is possible and thinking like an entrepreneur will help composers make a living writing music.

The Promise

I promise to deliver high-quality free content through the podcast and newsletter that will help you build your career as a composer. I want my free content to be better than other people's paid-for content. I also have online courses and am available for speaking and coaching.

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If you have any interest in composing, song writing, or the process of music making from start to finish you need to subscribe to this podcast. It's run by a wonderful composer and he has wonderful guests of the highest level.

Timothy Tharaldson

What a wonderful way to use composers as resources for others!

Tina Davidson

This podcast is an excellent resource for composers at all stages of their careers. It is composers talking shop to other composers, addressing the issues that matter to our careers. It is so well thought out and executed—a total class act. Bravo to Garrett Hope for creating this much needed and well curated hub of knowledge for our community.

reeesm

Hey Garrett, again, this is so generous—to offer contemporary composers, conductors, and innovative thinkers in the new music field, the opportunities to talk about music. Really enjoyed doing a segment with you and the exchange of thoughts in talking with you about my reflections about being a composer and the paths taken toward releasing this orchestral CD, Dream Vapors. Thanks!

Rain17

By taking the time from his own life as a composer to offer the rest of us a window on how our peers work, Garrett is a truly wonderful musical citizen! Through the preparation he does for each interview, and the intelligence of the resulting conversations, Garrett has created a tremendous archive that will encourage and inspire countless music-makers. Thank you for this series, Garrett!

Alex Shapiro

Garrett Hope's series gives a wonderfully colorful and dynamic insight into the world of new music, featuring many important and diverse voices in the community today. A must-listen for anyone working within the field.

Maetstra | Maestro

A wonderful podcast and a great resource!

mgnumes

I don't even know where to start describing how incredible and important this podcast is. As a podcast aficionado who already has a long playlist of my tried and true favorites, I didn't anticipate this one completely knowing the others out of the water. In terms of helpfulness, this podcast is a must for composers today. Here are a few reasons I love the show: *The consistent format serves to highlight the content, trends, and differences between each guest. *The host, Garrett Hope, has ample experience as both a working composer and as someone who has spoken with hundreds of composers about their own career experiences, so he really knows what questions to ask and which subjects to delve into. *Practical, specific recommendations. I leave almost every episode with at least one concrete thing I can tweak or try in my own practice, promotion, business, or approach otherwise. It's not just BS, generic, arrogant sound bites from people not wanting to discuss the nitty gritty; the guests are great about giving valuable, honest perspectives. *The guests span a pretty diverse range, and it's great to see how different kinds of people of different ages and experience levels, with different interests, abilities, and dictates carve out their own careers. It's not just a monolithic image of what a composer needs to be. There are also non-composer guests as well, which is helpful, because we composers obviously need to be aware of other colleagues (like performers)! *Each episode really flies by. The episodes range from 30–60 minutes, but it's always the most riveting, inspiring, thought-provoking hour of my day/drive. Thanks for this wonderful gift you're giving to the new music world!

Chrysanthe Tan

A must-listen podcast for composers, performers, or any independent artist.

Anthony Lanman