From the beginning of the FMP each person given a budget of £1500 that we would be able to use for the creation of our tracks, if we run out then thats it, since we never actually received £1500 and it is all an exercise that in reality teaches us financial responsibility and pragmatism as well as it simulates what it would be like in a real life situation of paying for a session in a recording studio.
Here is a complete look at my finances:
During the whole project financial planning was key to keeping positive cash flow that would allow me to do what I wanted, I would also make sure that i noted down exactly what I spent on each session this was so it would be as accurate as possible. Session one and two I have previously talked about before of the blog as they were key to that session process, however session 3 and 4 which I have rented an instrument for 1 hour is a result of just borrowing an instrument for a few minutes to tweak and change parts, then being put back but they still need to be paid and accepted for.
The biggest session that cost the most money to fund was the recording the drum kit for my track, this I planned out well in advance and set aside £500 from the original £1500 to do so just incase I wanted to actually record them, and since i did the money that was set aside from the start was a great fall back just in case.
Since I have £730 left over from the original budget it shows that perhaps i was a little to financially conservative and i could of spent more and utilised some of the facilities that would have perhaps given my track a different audible aesthetic
Thanks
Dan
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