We are in debt as a result of our taking on a mortgage to finance the cost of our home, as well as a loan to finance the cost of our car. We are likely going to have to take on more debt to finance the cost of our children's college education soon.
My husband earns a good wage and supports my artistic practice. Art sales and honorariums also support my practice.
I try to choose inexpensive or cost-free materials to help us stay on budget and to meet our monthly debt obligations. When executing a big idea for an art project, which may require a larger than usual expense, we make corresponding adjustments to our lifestyle until we cover it.