Tag Archives: income

Managing Freelance Writing Income and Regular Income

By on May 6th, 2013

For most people transitioning into full-time freelance writing or freelance writing on the side for awhile, there will undoubtedly be a period of time that you’re managing two kinds of income: income from freelance writing and income from a regular job. Or if you’re a writer who’s married to or cohabitating with someone who earns a regular income, the two of you may also face the challenge of managing two types of income. Freelance writing income alone can be tough to manage because it can be highly irregular. Couple that with income from a regular job and it’s natural to …

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Posted in Finance |

What Not to Do When Your Writing Income is Down

By on April 22nd, 2013

One of the hardest parts about adjusting to freelance writing life, and self-employment in general, is living with a fluctuating income. There may be periods of time that the projects and payments are coming in like a flood. Others, they’re as dry as a ditch on a hot summer day. What you do during those low-income months is so important because it will have a ripple effect once the pendulum swings the other way and your income is soaring again. Don’t keep living as though nothing’s changed During ancient times when there really were famines, (most) people didn’t continue having …

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Posted in Finance |

Make Money Blogging: 20 Blog Revenue Streams

By on March 27th, 2013

The post below was originally published on my small business blog after a friend asked me some basic questions about how he could begin to make money blogging. I’ve since shared it here as a way to help freelance writers build an additional revenue stream (originally on October 16, 2008). And I’ve now updated it for All Freelance Writing readers with even more blog revenue streams you can choose from. – Blogging has been a hot business concept for quite a few years now, but many people blogging for income are still baffled about how to make serious money. “Is it …

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Posted in Beyond Freelance Writing, Blogging |

Why I Gave up an $18k Writing Gig Over Professional Ethics

By on September 18th, 2012

What do you value more as a freelance writer — money or your reputation and professional ethics? For me, it’s the latter without a doubt. It’s not uncommon for me to turn down new prospects for ethical reasons. There are some niches I won’t touch. And there are clients with histories I wouldn’t want to associate myself with. They include anything from sponsorships from content mills that exploit my colleagues to shadier marketing firms that have no respect for their clients’ customers or readers. What is uncommon is for a long-time client’s business to suddenly cross that ethical line. And that’s what …

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Posted in Freelance Writing Business |

How to Budget a Freelance Writer’s Fluctuating Income

By on November 23rd, 2009

I know what you’re thinking, Ugh. Budgeting. The only thing worse than budgeting is licking sandpaper. As boring as it feels, budgeting is especially critical for you as a freelance writer, because your income is less predictable. Creating a budget takes just three steps: totaling your monthly income, subtracting your expenses, and adjusting your budget based on the result. You’ll create your budget using the same basic process, with some extra steps to compensate for your fluctuating income. Projecting Your Monthly Income You may not know for certain what your income will be for a particular month, but you can …

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Posted in Finance, Freelance Writing Business |

E-Books and Reports – An Additional Income Stream for Freelance Writers

By on October 27th, 2008

We’ve been talking lately about additional revenue streams / income sources for freelance writers (beyond client projects). So far we’ve talked about making money through blogging and flipping websites. Today we’re going to talk about earning extra income by writing e-books and reports. I’m not going to go into the “how to” of writing e-books in this post. If you decide that e-books or reports are a good residual income stream option for you, be sure to check out the more comprehensive collection of posts from our previous 14 Day E-book Writing Challenge. There are two main ways e-books and …

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Posted in E-books, Freelance Writing Business |

Flipping Websites – An Additional Income Stream for Freelance Writers

By on October 20th, 2008

As a part of our series on additional and residual revenue streams for freelance writers, today we’re going to talk about flipping websites. I’ve discussed flipping websites in a previous post here, explaining it in a very general sense and discussing some past sites I’ve flipped myself. Let’s go more into how flipping websites can earn you more money in freelance writing, and what you need to do to be successful at it. Different Ways to Flip a Website There’s more than one way to flip a website. In some cases, the website is a long-term investment – you build …

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Posted in Beyond Freelance Writing, Freelance Writing Business |

Alternative and Residual Income Streams for Freelance Writers

By on October 14th, 2008

Residual income streams – you know I love ‘em. I yap about them often enough. Today I want your help to put together a big list of potential revenue streams for freelance writers (if they offer recurring / residual income, all the better, but it’s not necessary). I’d like to get a list going, after which I’ll write more specific posts on each income stream for freelance writers (or ask guests to write posts if they suggested something I’m not personally experienced with). The point is to get folks thinking now about things they should add to their freelance writing …

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Posted in Beyond Freelance Writing, Freelance Writing Business |