Aug 20 2013

How To Manage Your Finances As A Freelance Writer

Finance

(Photo credits: www.myhardhatstickers.com)

People get into freelance writing for two reasons: they can’t get other work, perhaps because they have a young child, they are disabled or the job market is really bad, or because they love writing.  For some writers it is a combination of both.  Nobody ever gets into freelance writing for the money.

This is not to say that it is impossible to make good money as a freelance writer; indeed, some people have very lucrative careers.  It is, however, a tough business, and it demands dedication long before it starts to deliver rewards.  People starting out as freelancers either need to have other paying jobs or need to be prepared to get by on very little remuneration.  It is vitally important to know how to manage money; not only does this help to make a little go a long way but also it helps to save a lot of time and effort.  Good money management is efficient money management, and it frees up more time for writers to focus on putting words on the page.

Five steps to success

For people who want to succeed in the writing business, there are simple rules that can make all the difference.

  • Never write for nothing.  It can be worth doing unpaid work to increase visibility, but only if the publication in question has serious outreach.  It can be worth interning, but only if real education is provided.  Writers have to be wary of being taken advantage of.
  • There is always a job out there.  As long as low paid work does not eat up time that could be spent chasing more lucrative jobs, it is worth doing.  It is better to be earning something than nothing, and all paid work helps to build up a portfolio.
  • Find a niche.  Most writers work in a lot of different areas to get by, but having one or two specialist subjects or skills helps with building a reputation to the level where much better paying jobs are within reach.
  • Claim expenses.  What can be claimed varies by jurisdiction, but computer and stationery costs, a share of household bills and some travel costs can all potentially be declared against tax.
  • Aim high.  Too many writers undervalue themselves.  Making real money requires a proactive approach that includes contacting high-end publications and big businesses – they just might be hiring.

Keeping money simple

Freelancing can mean juggling a lot of contracts, especially with the smaller jobs needed to fill in between the larger ones, and it is often a good idea to sign up with an umbrella company.  These organizations can often help with sourcing contracts and, most importantly, can take care of all those tricky tax and finance issues.

For writers who choose to go it alone, the most important thing is to keep on top of accounts.  It is a good idea to set a day aside at the end of the month for sorting out invoices and chasing up late payers.  Accounts need to be kept neat and up to date – it is always possible that they will be audited.  Good organization pays dividends, as it ensures that no money goes unclaimed.

 

 

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May 21 2013

FireHow Earnings – FireHow Updates

I have been writing for FireHow.com for about 4 weeks. As of this post, I have about 22 articles up, have had 762 hits total for all these articles, and have made $2.29. FireHow earnings are slow to accumulate, but the better your articles, the more hits you will receive.

I don’t mind showing my earnings because I want to remind people that you will not get rich doing this alone, but it’s fun and easy money. If you write quality articles with SEO content, you will get traffic to your articles and you could earn a lot more.  I have some basic, quick articles I just threw together to see what kind of page views I could get, like How To Shave Your Legs!

FireHow has been going through trumendous growth and the website has been running very slow.  That is great that so many people are visiting the site and viewing articles, that means we’ll make more money! But, the site is so slow to log in, that I’m not able to get new articles posted up there.

One fix that FireHow has put into place is that you will no longer be able to see your earnings in real time. Earnings are now only updated once a day, in the morning.

As I am writing this, I opened up a new tab to view my earnings for today and found that it is still slow to load the pages to get into my account.  The home page and links to articles are loading much quicker.

Originally posted 2010-05-11 16:23:04. Republished by Blog Post Promoter

May 21 2013

QualityGal – I applied

I applied to QualityGal two days ago and just completed my first test article.  They seem very nice. I enjoyed reading through the blog and found the group to be very friendly and humorous! This is another place I’d like to get into.

I was provided with a test article based on what I told them I liked to write about in my paperwork.  This is the only site so far that I didn’t get to choose myself. Not a problem though, since it was still a topic I didn’t mind writing about! I am the type of person that enjoys researching and learning new things. I had to put in a bunch of links – but that wasn’t a problem either.  They give you the words, and you find the websites to link the words to. Simple enough!  All in all it was a fun article to write.

Stay tuned to see if I get hired!

Originally posted 2010-04-29 01:26:49. Republished by Blog Post Promoter

May 21 2013

Adsense or No Adsense – An Easy Way To Help Website Owners

Google AdSense Español: Google AdSense

(Photo credit: Wikipedia)

As the owner of several websites, my primary goal is to provide quality information to help others on the same path and with the same interests. But my secondary goal is to monetize these sites and earn a little passive income. I mean, honestly, if you had a website, wouldn’t you rather spend your time working for yourself and earning money instead of writing for other people’s websites? And just like every other website owner, I needed to decide if I want to put Google Adsense ads up, or any other types of ads, to generate the passive income I yearned for. But a lot goes into this decision.

The biggest thing I thought about when deciding if I should or should not put Adsense ads on my websites was if people would really click on them. I mean, really, why bother doing it if no one will click, right? That’s like doing work for free. So, I asked my online friends and posted the question on the WAHM.com Freelance Writer’s message board if they ever click on those ads when visiting websites.  Many people said, “No.” In fact, the majority of those people said they have “ad blindness” and don’t even notice these little (or big) block of advertisements that range from basic text links to extravagant videos. Pair that with the fact that you have to earn a minimum of $100 to get a payout from Adsense, it took me a while to make my final decision.

I also heard the positives. I read over and over again from those popular website owners that earn hundreds and even thousands of dollars a month from Adsense. Although I don’t have even half of the amount of visitors they do, it gave me hope that I could earn at least SOMETHING with Adsense, even if it took me a few months to reach that $100 payout, money is money, right?! And this is passive income at it’s best, I only had to take a few minutes to put an ad block on the sidebar of my website and then wait for the money to roll in. (Okay, so it might not actually “roll” in, but even if I make payout once a year, that’s $100 that I received practically for free! )

So, I decided I’d  put the ads up on my sites. Not those huge ones that take up half a page of the content because I think those are ridiculous and an eye sore. I decided on one small box in my side bar. I could always take it down if I felt it wasn’t worth it or if I thought my sites were in jeopardy of losing readers because of it.  And, I am earning a bit of money! I want to thank everyone that clicked on any of my Adsense ads for your generosity! 

Now, this brings me to my next thought… as I continued to toss around the whole Adsense thing in my mind, I actually wondered why more people didn’t click on the ads. I mean, really, it doesn’t cost you anything to click on an ad on your favorite website. Even if you don’t really read what pops up on the screen. What is great is that doing this simple task actually helps out the website owner. It helps cover the expense of running the website. It provides some income for the website owner so they can focus their time on gathering and creating the content that you enjoy so much, so that the person doesn’t have to use that time elsewhere to earn an income. And you know what… it’s just a nice thing to do to help out your fellow freelancer writers and website owners!

So, if it costs you nothing, and only takes a second of your time, why wouldn’t you click on those Adsense ads more often? There is no harm for you to click on the ads, but it does so much good when you do! And, you might just find another great website in the process. Not all ads point to stores and spammy websites requesting money.

I am going to challenge you to, at least once a week, click on an Adsense ad on your favorite website. It is an easy way to help out your peers and those that use their personal time to provide you with great content.

If you own a website and don’t utilize Google Adsense, I challenge you to sign up and then post a small ad block in your sidebar and do a test to see how you do. You won’t know until you try, and you can always take it down if it doesn’t work out for you.

If you do have Adsense on your site, how are you doing with it? Do you think it’s worth it? Do you think you’ve lost readers because of those ads?

 

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Originally posted 2012-03-23 10:47:50. Republished by Blog Post Promoter

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