financial tips for writers

13 posts

How to Decide if You Should Go to School to Become a Writer

Do you need an English Literature, journalism, or writing degree if you want to become a writer? It depends. These tips for deciding if you should go to school, college, or university to learn how to write in a formal setting, as well as a few tips about what type of writer’s education you should pursue. I was inspired to write […]

6 Tips for Living Off the Feast and Famine of Freelance Writing

These money tips for freelance writers will help you cope with the unpredictability of not working for a steady, reliable paycheck. The hardest part of freelancing (or any self-employed home-based business) is managing an unpredictable cash flow. These tips for freelancers are from a financial expert (not me) and an experienced freelance writer (me!). First, here’s a cool quip from […]

Freelance Writing Pay Rates – Newspaper and Magazine Articles

Here’s a list of writing jobs and pay rates for freelance writers, plus how I earned $35,000 my first year of full-time freelance writing. I thought I’d be relying on my husband for financial support, but I had no problems making money freelancing. Writer’s Market 2020: The Most Trusted Guide to Getting Published is one of my essential writing tools; not […]

Taxes for Working Writers – Getting Organized for Income Tax Season

The downside of making money as a writer or blogger is paying income taxes; to ease your pain come April, here are eight ways for working writers and bloggers to get their taxes organized. This is important, fellow scribes, because the sooner you treat freelance writing like a business, the more money you’ll earn as a writer (and the more income tax you’ll pay […]

Should Freelance Writers or Bloggers Hire Bookkeepers or Accountants?

You don’t need to earn a full-time income from freelance writing or blogging to hire an accountant or bookkeeper! Investing in your writing career by hiring someone to do your taxes and keep your income and expenditures organized may be the best move you make this year. Here are a few ways to know if you should outsource your bookkeeping and […]

6 Bookkeeping Tips for Freelance Writers and Bloggers

These bookkeeping tips are for freelance writers and bloggers who make money writing. If you’re earning an income, you need to keep accurate records of your income and expenditures. These bookkeeping tips for small businesses are simple yet important, and they’ll save you time and frustration at tax time… Before the tips, a quip: “Writing is turning one’s worst moments into money.” ~ […]