Most likely, the only way to maintain a somewhat balanced budget as a writer is to diversify. Much like stock investing, having several income streams is the only way to maintain some sort of “income” as a writer. I’m branching out into editing, recording a new album, writing screenplays, performing locally, and doing house concerts. We’…
Most likely, the only way to maintain a somewhat balanced budget as a writer is to diversify. Much like stock investing, having several income streams is the only way to maintain some sort of “income” as a writer. I’m branching out into editing, recording a new album, writing screenplays, performing locally, and doing house concerts. We’ll see how these hustles coalesce into something realistically equivalent to a salary.
I used a cheat code earlier in life: I joined the Marines. As a lieutenant colonel, I make roughly $140,000 a year and when I retire in two years, I will net about $4,000 a month in perpetuity. That was my Plan B and it’s worked okay over the years. So, my sailboat dream isn’t too far-fetched. But I would like to see my pension doubled by my writing efforts. Time will tell.
Most likely, the only way to maintain a somewhat balanced budget as a writer is to diversify. Much like stock investing, having several income streams is the only way to maintain some sort of “income” as a writer. I’m branching out into editing, recording a new album, writing screenplays, performing locally, and doing house concerts. We’ll see how these hustles coalesce into something realistically equivalent to a salary.
I used a cheat code earlier in life: I joined the Marines. As a lieutenant colonel, I make roughly $140,000 a year and when I retire in two years, I will net about $4,000 a month in perpetuity. That was my Plan B and it’s worked okay over the years. So, my sailboat dream isn’t too far-fetched. But I would like to see my pension doubled by my writing efforts. Time will tell.