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 Articles

End of the Trail Tattoo

Image by PORKCHOP RULES via Flickr

Since my last post discussed starting out your freelance writing career  by writing How-To articles at FireHow, I wanted to list some of the articles I wrote and published there.  This will help you get a feel for formatting and guidelines. Please go ahead and use these as templates for publishing your own articles on FireHow.

How To Cook Lobster was chosen as Editor’s Pick and was featured on the FireHow homepage for about 24 hours.  As of  today, 4/20/2010, there has been 86 hits and 7 five star votes.

How To Plan A Back Yard Luau Wedding was my first article, and my second most popular.  I had a back yard luau wedding and these are the steps I used to plan my wedding.  It was very easy to write this article. As of today, there have been 63 hits and 7 five star votes.

How To Choose A Tattoo Design is a great example of how you can have fun writing How-To articles.  You can choose to write just about anything, and the more popular your article is, the more money you will get.  With Summer coming up, I’m sure this article will get a lot more hits because people seem to get more tattoos in the warmer months. So far, I’ve received 39 hits and 1 five star rating.

A few of my other articles include:

How To Change Your Nose Screw
How To Ask Your Date 5 Random Questions…
How To Make Magazine Beads
How To Remember Someone’s Name

What do you think? Do you think you can write for FireHow and start earning some residual income?

Let me know if you have any questions as I enjoy helping others in any way that I can.

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Originally posted 2010-04-20 00:56:55. Republished by Blog Post Promoter

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

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