What's Life Like As An Actor: Career, Money, Family (2024)

Have you ever wondered what's life like as an actor? Being an actor sounds all fancy and exciting. However, being an actor isn't for everyone.

One morning, I decided to go to my favorite secluded Hawaiian beach far away from the tourists to think about new post ideas for the next several months. It's not enough to just write. A good blogger should also sketch out an editorial calendar with relevant topics at the appropriate times.

While peacefully tanning my cheeks with nobody around, a strikingly handsome man approached mecarrying a toddler.What do you know. It was the actorIan Anthony Dale, who is a regular on the TV show, Hawaii 5-0.

He said “hello” and put his blanket down next tome. I looked to my left and I looked to my right. Nobody around. I felt like the guy excited to have the entire movie theatre to himself, when in come some stragglers who decide to sit right next to him.

I didn't mind. Notoften do you get to enjoy the beach with an actor you recognize.We got to talking about kids, flying with kids (he's taken his boy on 27 flights already), raising our children in Honolulu, and establishing roots. Ian said he grew up in Minnesota, and didn't have the diverse environment as his son does here. Ian is half white, half Asian.

He said he'd love to raise his son in Honolulu. But he currently splits his time between Honolulu and LA. He's hesitant to permanently make a home base inHawaii because he said,“I have to go where the work is.” Hawaii is a long ways away from where most of the TV shows and movies are made.

What's Life Like As An Actor

As an actor, you never know whether your character will get killed off or whether the show you're on will be discontinued. That must feel a little disconcerting, especially if you aren't a big name celebrity.

It was nice getting a glimpse into aworking actor's life. The only two things that would be discomforting to me would be the fame and the uncertainty of work.

Being financially independent is about having the certainty to do what you want, when you want with nobody bothering you for anything.

It's too bad I didn't have my boy with me when I saw Ian. We could have gotten to know each other better and let our kids play together. He's 41. I'm 42 and we both love Hawaii.

What's Life Like As An Actor: Career, Money, Family (1)

1.“Everyone’s left their families, their homes, their friends, their jobs to pursue a dream where they know that the percentage of them achieving that dream isnever, and they do it anyway […] You’re lucky to get an audition. Then you get it, you get there, you walk into a room full of guys that look just like you. You realize that you’re not the only one that wore the cowboy hat. Then you can hear the other guy in the other room auditioning, and now you’re thinking about not doing it like him.” —Ryan GoslinginSeduced and Abandoned,2014

2.“I don't think you can really be an effective actor if you're not curious about people and events. And if you're interested in things, you want to go deeper and you want to know more. At least, the thing [that's always] ignited my own excitement about working is to know more about somebody: What made them do this? What in God's name went wrong?” —Meryl Streep, in a 2010speech at the University of Texas

3.“It’s like when people talk about the difficulty of making a movie, and I’m like, send your son to Iraq, that’s difficult. It’s just a movie. It’s like, relax. I don’t play that precious nonsense. Your son got shot in the face. That’s difficult. Making a movie is a luxury. It’s a gift, it’s an opportunity, but most importantly, it’s a gift.” —Denzel Washington, in a 2016Hollywood Reporterroundtable

4.“To be in a profession where you’re constantly judged, critiqued, scrutinized, however you want to classify it, I’ve always been very, I think, rather adept at self-observation.” —Julia RobertstoCharlie Rosein 2000

5.“You look back and you find yourself being thought of in a certain way [for roles], and I think that’s the good fortune of working, where people start going, ‘Oh, you would be great for this!' But then, the part I hate about it is that how people see you can become very narrow at a certain point. And so, it becomes a fight for you to sort of be thought of in a different light, or also fighting your own fear about wondering if you can do something beyond what you’ve done already.” —Mahershala Ali, toThe Hollywood Reporterin 2016

6.“The industry is very fickle, and you just do what you can and know that all this stuff doesn't mean anything. I mean, obviously, appreciate the opportunities and work hard, but there's so much more to life. This industry is a tough one to crack.” —Hilary DuffinBetween the Linesin 2015

7.“Everything you do as an actor ends up taking you somewhere else. All of the emotions that you have to go through whether it’s loving a girl or laughing outrageously in something hilarious. Everything I’ve ever done in a film, it requires this getting to some sort of emotional reality that is contrary to the actual setting that you’re in.” —Tom Hanks, onBackstage TVin 2016

8.“As an actor, there’s a lot of control that we lose and we immediately don’t have the moment you start a project. You can give the best of yourself and have done the most amazing research, and then the director takes it into an editing room for nine months with his editor, and it might be a completely different thing. So if you think of it that way, the actor is the one element in a project that has the least amount of power.” —Zoe SaldanatoBackstage TVin 2016

The Majority Will Never Be Successful Actors

The sad part of acting is that for most actors the reality is a life that involves very little acting. Can you imagine going to work where very little you did was actually the work you wanted to do?

When you’re not acting it can be tough as you are typically holding down menial jobs and struggling to survive. It can be physically and emotionally draining. You’re not creatively or finically satisfied.

If you’re fortunate to be working as an actor usually life is pretty good. It’s mostly well paid work, when on film or TV, and the people you work with are mostly passionate and friendly.

Most actors live a combination of both lives, which can also be tough. The oscillation can be draining.

The vast majority of actors never become “stars.” In fact, the vast majority of actors – more than 90 percent – are not even able to find enough work to provide for themselves. There are always far, far too many actors competing for too few roles.

I wish everyone good luck if they want to pursue acting. Know that there are no overnight successes. Be willing to hustle, take on side jobs, and keep on believing in your dreams.

Good things come to those who keep at it, no matter what.

Related posts about career:

How To Make Six Figures At Almost Any Age

The Top 0.1% Income Earners Of The World

About the Author: Sam worked in investing banking for 13 years at GS and CS. He received his undergraduate degree in Economics from The College of William & Mary and got his MBA from UC Berkeley. In 2012, Sam was able to retire at the age of 34 largely due to his investments that now generate roughly $250,000 a year in passive income, most recently helped by real estate crowdfunding.

He spends most of his time playing tennis and taking care of his family. Financial Samurai was started in 2009 and is one of the most trusted personal finance sites on the web with over 1.5 million pageviews a month.

For more nuanced personal finance content, join 100,000+ others and sign up for thefree Financial Samurai newsletter. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009. Everything is written based off firsthand experience.

What's Life Like As An Actor: Career, Money, Family (2024)

FAQs

What's Life Like As An Actor: Career, Money, Family? ›

If you're fortunate to be working as an actor usually life is pretty good. It's mostly well paid work, when on film or TV, and the people you work with are mostly passionate and friendly. Most actors live a combination of both lives, which can also be tough. The oscillation can be draining.

What is the life of an actor like? ›

Because actors often work on film and television sets, they sometimes travel to different filming locations, which can be an exciting experience and allow them to see the world. Actors who primarily work on the stage can also have interesting work environments, such as historical sites and classic theaters.

How to be financially stable as an actor? ›

Treat your income as regular by using your lowest-earning month as a baseline. Alternatively, follow the "50-30-20 rule": allocate 50% to needs, 30% to wants, and 20% to savings. Mastering irregular income is a crucial step in financial stability. Save for Taxes: As an actor, you're a business.

Can you live off being an actor? ›

While it's true that acting can be unpredictable, especially in the early stages, it is possible to make a living solely from acting work. With persistence, hard work, and smart financial choices, an acting career can become lucrative over time.

Does acting give you a lot of money? ›

$56,903/year: According to ZipRecruiter, in 2024, the average actor salary is $56,903, with a range from $15,500 to $139,500. Unless they're employed regularly on a television show, actors tend to work on a project-by-project basis, which means they may not work at all for some years.

Is acting a happy career? ›

If you're a self-starter and you enjoy something very challenging (that can also be very rewarding), acting is a great career! Most actors truly love what they do – they act for the enjoyment and art. If you're simply getting into acting because you want to become famous, chances are you'll be disappointed.

Do actors make a good living? ›

While some actors get paid very well, others need to work second or third jobs to survive. Getting to the point where you can earn enough to live entirely off of your acting is difficult—but for the lucky and talented, it's also doable.

What are the odds of making a living as an actor? ›

In fact, the Guardian reports that only 2 percent of actors make a living from their acting gigs. Even when you score a job, you're not likely to get rich unless you are one of a tiny minority of actresses.

Who is the most financially successful actor? ›

Forbes releases list of highest paid actors of 2023
  • Denzel Washington - $24 million. ...
  • Ben Affleck - $38 million. ...
  • Jason Statham (tie) - $41 million. ...
  • Leonardo DiCaprio (tie) - $41 million. ...
  • Jennifer Aniston - $42 million. ...
  • Matt Damon (tie) - $43 million. ...
  • Ryan Gosling (tie) -$43 million. ...
  • Tom Cruise - $45 million.
Mar 7, 2024

Do celebrities go into debt? ›

Some celebrities spend more than they earn, and get themselves into trouble financially. Others quit the business for their own reasons and earn less income working in different industries. A down-and-out celeb has more cash flow options if they own multiple homes purchased with the help of loans.

Is it risky to be an actor? ›

Sometimes, the actors who truly make a name for themselves have to risk more than most people to get there. If you value your health, your safety, or your sanity, then no amount of money is going to make it worth the risk.

Is acting a stable career? ›

The Bureau of Labor Statistics projects 3.2% employment growth for actors between 2022 and 2032. In that period, an estimated 2,500 jobs should open up. Actors perform in the theater, work in films or star in television productions.

Do actors get any benefits? ›

SAG-AFTRA members are entitled to a variety of benefits, including contracts/collective bargaining, eligibility for the SAG-AFTRA Health Plan, SAG-Producers Pension Plan, the AFTRA Retirement Fund, the iActor online casting database, and much more. Click here to learn more.

Is acting a fun job? ›

Acting offers the chance to escape into different worlds and do things you may never normally do. With every role you take, you will be required to learn new things and push yourself out of your comfort zone. This allows you to continually grow as a person and as an actor, for a fulfilling and satisfying career.

Does Netflix pay actors more? ›

How much does an Actor make at Netflix in the United States? The estimated average pay for Actor at this company in the United States is $24.11 per hour, which is 55% above the national average.

Do actors get paid daily? ›

Actors start out at a day rate, and if they are needed for longer, the payment scheme is bumped up to a weekly rate, and then to a run-of-the-picture rate.

What is the daily routine of an actor? ›

Example Routine For Actors
6 am – 7 amWake up
9 am – 11 amRead a script, journal, write
11 am – 1 pmLunch, run errands, housework
1 pm – 3 pmEngage on social media, answer emails, pay bills, check for auditions
3 pm – 6 pmAttend acting classes, workshops, engage with your mentor
3 more rows
Sep 27, 2023

What is the average lifespan of an actor? ›

Observed life span

Overall, 1,122 performers had died by July 1, 2020 (mean follow-up from birth of 68.8 years). The average age at death for winners was 77.1 years, for nominees was 73.7 years, and for controls was 73.6 years.

How stressful is it to be an actor? ›

The acting industry can be an incredibly stressful environment, with high levels of competition, long hours and a lot of uncertainty. Not only do actors have to compete against their peers for roles, but they also have to face rejection regularly. This can quickly lead to burnout if stress isn't managed properly.

Do actors have stressful lives? ›

For an ordinary individual, the actors are those people with luxuries and enjoyment, but it is a different perspective as actors also struggle with their mental health. They are the ones struggling the most as they have to change their personalities to get accepted by the world.

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