The most important thing to do when dealing with money is to make sure to write EVERYTHING down. A good way to keep tabs is to put all the info in Excel. We divide it into date, gas, food, lodging, salary (how much we pay our musicians), pay (from the venue), CD sales, t-shirts, tips, extra. At the end of each day we total it up. There are two main ways to make money as a band: 1) Guarantees/door/bar percentage, and 2) Selling merchandise. Read more.