{"id":43484,"date":"2023-08-02T09:25:28","date_gmt":"2023-08-02T13:25:28","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/actors-must-become-experts-in-the-hustle-and-the-art-of-financial-survival-we-can-all-learn-from-them\/"},"modified":"2023-08-02T09:25:30","modified_gmt":"2023-08-02T13:25:30","slug":"actors-must-become-experts-in-the-hustle-and-the-art-of-financial-survival-we-can-all-learn-from-them","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=43484","title":{"rendered":"Actors must become experts in the \u2018hustle\u2019 \u2014 and the art of financial survival. We can all learn from them."},"content":{"rendered":"<p>Keisha Zollar has been in the film and television industry for almost two decades now. She was most recently seen on Stephen Colbert\u2019s animated satirical news show, \u201cTooning Out the News,\u201d as a recurring cast member.\u00a0<\/p>\n<p>She and her husband, Andrew Kimler, who is also an actor, writer and comedian, say it\u2019s hard to make a living in show business.\u00a0<\/p>\n<div>\n<p>\u201cI barely qualified for SAG insurance,\u201d Zollar said, referring to the Screen Actors Guild. Fortunately, she said, she also qualifies for insurance from the Writers Guild of America (WGA). \u201cIf it was just acting, I don\u2019t think we could survive.\u201d<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetPullQuote\n            inline\n    scope-web|mobileapps\n  article__inset\n          article__inset--type-InsetPullQuote\n            article__inset--inline\n  \"><\/p>\n<div class=\"wsj-article-pullquote article__inset__pullquote \">\n<p class=\"pullquote-content article__inset__pullquote__quote\">\n        <span class=\"l-qt article__inset__pullquote__mark--left\">\u201c<\/span>There is a huge variation in how much working actors earn, to say nothing of the million-dollar salaries Hollywood\u2019s A-list actors pull in for even one movie. <span class=\"r-qt article__inset__pullquote__mark--right\">\u201d<\/span>\n      <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p>The couple said they support the current actors and writers\u2019 strikes. Members of SAG-AFTRA \u2014 the union representing more than 170,000 actors and other performers \u2014 went on strike on July 14, while 11,500 WGA members have been on strike for fair pay and treatment since May 2. <\/p>\n<p>The unions are pushing for the fair use of artificial intelligence, stronger regulations for self-taped auditions, better pay, more transparent and generous royalty payments and many other issues related to working conditions.\u00a0<\/p>\n<p>It\u2019s the first time since the 1960s that both unions have gone on strike at the same time. The strikes could last a while; the WGA\u2019s previous strike went from November 2007 to February 2008. The actors\u2019 strike in the 1980s lasted for more than 70 days.\u00a0<\/p>\n<h2><strong>What kind of a living do actors earn?\u00a0<\/strong><\/h2>\n<p>The average hourly pay for an actor in the U.S. was $36.06 in May 2022 \u2014 but the median hourly pay was $17.94, according to the most recent data from the Bureau of Labor Statistics. (The median wage means that 50% of U.S. actors earn an hourly wage at or below $17.94. Many actors also go long stretches between jobs.)<\/p>\n<p>The difference between average and median wages is due, in part, to the huge variation in how much working actors earn, to say nothing of the million-dollar salaries Hollywood\u2019s A-list actors pull in for even one movie. These differences effectively reflect a class gap within the industry, union members and advocates say.\u00a0<\/p>\n<div data-layout=\"wrap\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetMediaIllustration\n            wrap\n  article__inset\n          article__inset--type-InsetMediaIllustration\n            article__inset--wrap\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<p>Actors must make a minimum of $26,470 in eligible earnings to qualify for health insurance from SAG-AFTRA in 2023, according to the union\u2019s website. But many actors don\u2019t make that much, Zollar said. Meanwhile, the annual minimum income to be eligible for WGA health insurance in 2023 is $41,773.\u00a0<\/p>\n<p>While some members of the actors and writers\u2019 guilds work other jobs such as teaching or waitressing to supplement their income, industry practices can make it hard for them to manage their schedules, experts said. Actors are often expected to keep their schedule open for a given job \u2014 even before production makes a final decision on casting, they say.<\/p>\n<p>\u201cThis is a major network and a major show \u2014 union work,\u201d Kimler said. \u201cI haven\u2019t done that show since because of that. That\u2019s not fair. That\u2019s not a sustainable way to live.\u201d<\/p>\n<h2><strong>Leveraging skills during a strike<\/strong><\/h2>\n<p>Because of the current strikes, many TV series have been forced to go on hiatus, and movie productions have gone dark. Members of the labor unions are not allowed to promote any of their finished shows, including attending events or posting about their shows on social media.\u00a0<\/p>\n<p>With work opportunities dwindling \u2014 which can be especially hard for those who are just starting out in the industry \u2014 Zollar and Kimler said there are things that artists can do during the strike that can also help prepare them for times when they are between acting jobs.\u00a0<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetPullQuote\n            inline\n    scope-web|mobileapps\n  article__inset\n          article__inset--type-InsetPullQuote\n            article__inset--inline\n  \"><\/p>\n<div class=\"wsj-article-pullquote article__inset__pullquote \">\n<p class=\"pullquote-content article__inset__pullquote__quote\">\n        <span class=\"l-qt article__inset__pullquote__mark--left\">\u201c<\/span>\u2018If it was just acting, I don\u2019t think we could survive.\u2019<span class=\"r-qt article__inset__pullquote__mark--right\">\u201d<\/span>\n      <\/p>\n<p>        <small><br \/>\n          <span class=\"inset-author article__inset__pullquote__author\">\u2014 Keisha Zollar, writer and actor, on the difficulties of making a living in the TV and film industry<\/span><br \/>\n        <\/small><\/p><\/div>\n<\/p><\/div>\n<p>Kate Burton has been acting \u2014 on stage, on TV and on the big screen \u2014 since the 1980s. Now a professor of theater practice in acting at the University of Southern California, she has been preparing graduates by talking to them about during the strike.<\/p>\n<p>Actors can spend their downtime getting headshots, making sure they have an up-to-date r\u00e9sum\u00e9 and practicing readings for future auditions, in addition to lining up other side hustles and non-union work \u2014 including some SAG-approved independent films \u2014 to support themselves financially while waiting for the strike to end.\u00a0<\/p>\n<p>\u201cThis will be work that will support them in the future,\u201d Burton told MarketWatch. \u201cWe are all doing that.\u201d<\/p>\n<h2><strong>The talent, the grit \u2014 and the hustle\u00a0<\/strong><\/h2>\n<p>For most actors, finding work is their day job, and performing is their break, Kimler said. Actors are often juggling responsibilities, including waiting tables, while they record and submit self-taped auditions. Kimler and Zollar sometimes write, sometimes act, and sometimes they take on teaching jobs to supplement their incomes.<\/p>\n<p>For anyone who wants to make a living as an artist, preparation is everything. \u201cUnderstand you will have lean times and you will have fruitful times,\u201d Zollar said. \u201cAnd you never know when, or why, or how a strike could happen.\u201d<\/p>\n<p>There is also still opportunity in live theater. Roles in theatrical productions are overseen and contracted by the Actors\u2019 Equity Association, which has over 50,000 members and whose members are not on strike.\u00a0<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetPullQuote\n            inline\n    scope-web|mobileapps\n  article__inset\n          article__inset--type-InsetPullQuote\n            article__inset--inline\n  \"><\/p>\n<div class=\"wsj-article-pullquote article__inset__pullquote \">\n<p class=\"pullquote-content article__inset__pullquote__quote\">\n        <span class=\"l-qt article__inset__pullquote__mark--left\">\u201c<\/span>\u2018You can still publish stories. You can still do open mics. You can still put on plays, you can still do readings. You can still do things that tickle the part of you that reminds you you\u2019re an artist.\u2019<span class=\"r-qt article__inset__pullquote__mark--right\">\u201d<\/span>\n      <\/p>\n<p>        <small><br \/>\n          <span class=\"inset-author article__inset__pullquote__author\">\u2014 Andrew Kimler, an actor and writer, who is currently on strike<\/span><br \/>\n        <\/small><\/p><\/div>\n<\/p><\/div>\n<p>It could also be a time to try out something different, such as writing a graphic novel instead of writing for TV, Kimler said. He recommends that people write as much as possible and also get to know as many other writers as possible.\u00a0<\/p>\n<p>\u201cYou are going to just learn a lot from talking to other writers, and that\u2019s where your greatest opportunities lie,\u201d Kimler said.<\/p>\n<p>Kimler said he tells his students that, in order to be able to create a film or television show, they have to fall in love with the \u201cprocess\u201d \u2014 and not the end result. Winning an Oscar, he said, cannot be the only goal.<\/p>\n<p>Ultimately, a pause on production does not have to mean a pause on creativity.<\/p>\n<p>\u201cNo one has to take that away from you,\u201d Zollar said. \u201cYou can still publish stories. You can still do open mics. You can still put on plays, you can still do readings. You can still do things that tickle the part of you that reminds you you\u2019re an artist.\u201d<\/p>\n<p>\u201cI believe in the merits, the talents, the grit and the hustle of writers,\u201d she said.<\/p>\n<p>\u201cI hope the studios can see our value,\u201d Zollar added.<\/p>\n<\/p><\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/actors-must-become-experts-in-the-hustle-and-the-art-of-financial-survival-we-can-all-learn-from-them-9b379d9e?mod=personal-finance\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Keisha Zollar has been in the film and television industry for almost two decades now. She was most recently seen on Stephen Colbert\u2019s animated satirical news show, \u201cTooning Out the News,\u201d as a recurring cast member.\u00a0 She and her husband, Andrew Kimler, who is also an actor, writer and comedian, say it\u2019s hard to make [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":43485,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[236],"tags":[83],"class_list":["post-43484","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-news","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Actors must become experts in the \u2018hustle\u2019 \u2014 and the art of financial survival. 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