It’s no secret that rock stars are making MAJOR amounts of money. Most musicians get their start as children, who simply have a passion for their craft. However, as they age, many of them see the financial potential that music can bring and dream of huge success. The streams of income a large-scale musician can create is quite literally endless. Touring, merchandise, brand deals, streaming, public appearances, corporate events; the list goes on and the numbers add up!
It makes you wonder; just how much are these stars making, and how on earth do they manage their finances? I know I personally use a website called calculator.me for all of my money questions. Let’s dive in to 2023’s most successful musicians and see how calculator.me could help them too!
To the surprise of (literally no one), Taylor Swift was named the #1 artist by Billboard for 2023. Taylor had a monumental year with her Eras World Tour, and subsequent Era’s movie. On top of the tour single handedly stimulating the economy, her streaming numbers were breaking records too. She turned the music industry on its head by re-releasing her previously sold masters music as (Taylor’s Version). Love her or hate her, her success is undeniable. Just take a look at her impressive real estate portfolio to prove it.
She currently owns a sprawling mansion in Beverly Hills, a penthouse in Tribeca, a charming townhouse in London, and a beach house in Rhode Island just to name a few. This is where the calculator.me Mortgage calculator would really come in handy for Ms. Swift.
With all of her various properties to maintain, it’s important to stay on top of mortgage rates. Here is how it’s done on calculator.me:
“This calculator figures monthly mortgage payments based on the principal borrowed, the length of the loan and the annual interest rate. It also computes your total mortgage payment inclusive of property tax, property insurance and PMI payments (monthly PITI payments). Once you have calculated payments, click on the “Create Amortization Schedule” button to create a report you can print out.”
Seeing as the man currently has more hits than The Beatles, it makes perfect sense that Drake was another one of the top artists of 2023. However, Drake’s empire expands far beyond music. He is known to invest his money into fashion, restaurants, and art. The rapper also has a notorious gambling habit, and is known for placing huge bets on sporting events and fights.
While it’s clear Drake has seemingly endless funds, (and is not afraid to spend them) it’s always helpful to establish good saving habits. Calculator.me has a savings calculator to get you on the right track, budget like Drake not necessary!
“This calculator will help you to determine the future value of a monthly investment at various compounding intervals.
“To calculate the future value of a monthly investment, enter the beginning balance, the monthly dollar amount you plan to deposit, the interest rate you expect to earn, and the number of years you expect to continue making monthly deposits, then click the “Calculate” button.”To calculate the future value of a monthly investment, enter the beginning balance, the monthly dollar amount you plan to deposit, the interest rate you expect to earn, and the number of years you expect to continue making monthly deposits, then click the “Calculate” button.”
Whether you speak Spanish or not, pretty much everyone on Earth knows Bad Bunny. The Puerto Rican singer has taken the world by storm in recent years. Some of his 2023 highlights include headlining Coachella and dating Kendall Jenner (no big deal). These are just a few examples outside of his obvious music talent, that have cemented him as a household name in pop culture. This success has translated into an impressive car collection for Benito.
His current car collection includes the following: BMW M4, Mercedes G-Wagon, Rolls Royce Dawn, a Toyota Corolla, and a Bugatti Chiron. These top dollar vehicles likely require individual payments and loans, and this is where calculator.me once again comes in handy. The Auto Loan calculator keeps everything organized and simplified.
This calculator quickly figures the monthly payment of an automobile loan.
Whether you are a super star musician, or just an average joe, it’s important to stay on top of your finances. Calculator.me is an incredibly helpful free tool for all areas of life. Use these starts as inspiration and kick off 2024 right by checking it out and getting on top of your own financial goals!