Financial Assistance
When music professionals experience unforeseen circumstances such as loss of work, illness, or injury, MusiCares may provide financial assistance to assist with basic living expenses such as rent/mortgage, utilities, insurance premiums, funeral expenses and other critical needs. Our staff works directly with individuals to understand their situation, offering support and guidance, and providing connections to community resources and grant programs. When financial assistance is approved, third-party payments are issued directly to landlords/mortgage lenders, utility companies, medical and mental health providers, and treatment programs.
MusiCares understands that navigating healthcare costs can be overwhelming, especially for individuals with limited or lack of health insurance. We provide financial assistance for medical needs, dental treatment, and health insurance premiums. When financial assistance is approved, third-party payments are issued directly to medical providers, mental health providers, and treatment programs.
For many music professionals, instruments and gear are vital to their livelihoods. When essential tools are stolen or damaged, MusiCares covers the cost of repair or replacement so musicians can get back to making music. When financial assistance is approved, third-party payments are issued directly to service providers.
MusiCares is committed to supporting music professionals during life’s most difficult moments. Funeral needs can be overwhelming, both financially and emotionally. MusiCares covers funeral, burial, or cremation costs for music professionals and their immediate families. When financial assistance is approved, third-party payments are issued directly to service providers.
Financial Budgeting Tool MusiCares partners with You Need A Budget, a personal finance app designed to help users proactively manage money using zero-based budgeting.
Financial Coaching Navigating finances in the music industry can be particularly challenging due to irregular income, fluctuating gig availability, high expenses for equipment and travel, and uncertainty of retirement planning. MusiCares offers free, 1-on-1, tailored financial coaching designed specifically to empower music professionals with the tools to overcome these challenges.
