If you think it’s impolite to talk about finances, skip this post!
Every year for the past few years, I’ve shared my income breakdown on this blog. It’s hard for writers to figure out if and how they can earn a living through their writing and related activities, largely because there’s little info out there. So I share every year. And it’s that time again.
2012 was definitely a better year for me than 2011.?Thank goodness. It was nice not to need to get a holiday retail job!
Here’s the breakdown of what I earned last year.
Web Work: I update webpages through the Children’s Literature Network. In 2012, this accounted for $2,405 of my income. One of the reasons I keep doing this freelance work is that it lets me interact with lots of other writers, which I love. It helps me stay a little bit on top of new and forthcoming books, too, as I see what various members have coming out. Of course, it also contributes greatly to my looming TBR pile. Sigh.
Trade Book Sales: My trade sales totaled $4,993. Yay! More than twice my 2011 total. Um, not exactly a livable wage, however. Like most writers, I would love to earn a living off of trade books advances and royalties. Clearly, I still have a long way to go! I did meet one goal and sold a follow-up manuscript to Leaf Can Be…, Water Can Be… (coming out in 2014). And although Stampede has not earned out its advance, BookSpeak!: Poems About Books did! It was so exciting to get a royalty statement with a real check attached! I had about $2,100 in royalties for BookSpeak, plus my $2,700 advance for Water Can Be…, plus a few small sales to anthologies, magazines, etc., for that total of almost $5,000.
Work-for-Hire Books: $7,913. This amount includes four math picture book/board book sets for Capstone, a very short novel for reluctant readers for Heinemann, and several kindergarten-level shared readers (for an educational publisher through a packager–for’digital production). Those shared readers were a mix of nonfiction, fiction, and rhyme. (If you’re interested in doing this kind of writing, learn more about my textbook for writers here.)
Assessment: $7,075. Well, this is a part of my writing business that’s growing that I wish wasn’t. I mean, I actually enjoy a lot of the writing I do for assessment companies–I just wish there was less testing in the schools and therefor less need for those passages. I mostly write nonfiction passages and poetry for use in standardized tests. The poems usually have to be fairly lengthy and detailed, so that they can support a dozen or so multiple-choice questions. And I have to write them so that certain standards can be covered, like using context clues to determine the meaning of a word. So that would mean I’d include a word 2 or 3 grade levels above the grade the passage is for, and I’d make sure to include enough context clues in the sentences surrounding that word that a student can figure out the meaning even if she’s never heard the word before.
Teaching/Speaking:?$3,250. This was fun stuff! I again co-led a writing retreat/intensive with Lisa Bullard in Wisconsin (though this was the last year for that, I think). I judged a community poetry contest in the Chicago area and also finished out my commitment with the Shabo Mentorship at The Loft. These were all great experiences!
School Visits: $4,670. School visits and young authors conferences were up somewhat in 2012, and even more so so far in 2013! I love visiting schools, and it’s demanding but rewarding work.?
Mentors for Rent: $3,650. Mentors for Rent, the hourly writers’ mentoring business I run with Lisa Bullard, is growing little by little. We’re starting to see many repeat customers, which we love. We have an ebook on How to Query an Agent or Editor and an ebook on Writing for the Educational Market, too.?This year, we hope to keep growing and also to produce more helpful materials for writers–probably with a focus on quick tips.
That’s a total of about $33,956. That’s a 77% increase over my 2011 income. Thank goodness! NOTE: This is gross income. This doesn’t include any of my own expenses–travel, promotion, office supplies, etc. (ballpark of around $8,000)–nor the taxes I paid (which were around $4,500).
My goal was $40,000, and I didn’t hit that, but I at least came closer. For 2013, my income goal is again $40,000, and I have lots of writing goals and writing dreams, which I’ll share more about another week.
I hope this info is helpful to you. If you have a different job and write just for self-expression or love, great! Or if you write full-time, but don’t need to contribute a certain amount to your household budget, great! This info is for those of you who, like me, want to write, love to write, but need to earn income, too. I hope you met your 2012 writing goals!
P.S. Please Like or Share with other writers you know if you think this info might be useful to them. Thanks:>)
Hi Laura. As a relative new comer to the wonderful world of writing for kids this is fascinating and invaluable information to me. Thank you for being so open! I wish you good luck with your 2013 goals and keep on writing ? your work is great!
Thanks, Josephine–I’m so glad it’s useful! Good luck with your new adventures in kids’ writing!
Hi Laura. As a relative new comer to the wonderful world of writing for kids this is fascinating and invaluable information to me. Thank you for being so open! I wish you good luck with your 2013 goals and keep on writing ? your work is great!
Thanks, Josephine–I’m so glad it’s useful! Good luck with your new adventures in kids’ writing!
I, for one, really appreciate this. It gives me new ideas for income streams. I made about $15,000 this past year, the most I’ve ever made. That is of course, before taxes and expenses. At least I can support this habit I love and have a few bucks to pay bills.
Congratulations, Ann! Rising income is super. And so are ideas for new income streams. It’s really valuable, to me at least, to treat my writing as a small business, so I have those discussions/debates with writing colleagues often. At least, the couple of them who need to pay bills:>)
I, for one, really appreciate this. It gives me new ideas for income streams. I made about $15,000 this past year, the most I’ve ever made. That is of course, before taxes and expenses. At least I can support this habit I love and have a few bucks to pay bills.
Congratulations, Ann! Rising income is super. And so are ideas for new income streams. It’s really valuable, to me at least, to treat my writing as a small business, so I have those discussions/debates with writing colleagues often. At least, the couple of them who need to pay bills:>)
Laura,
Thanks for sharing. This is useful information.
Thanks, Joy!
Laura,
Thanks for sharing. This is useful information.
Thanks, Joy!
Congratulations on doing so much better in 2012 than 2011! And thanks so much for sharing this information. I find it extremely helpful and in about one second I’m going to tweet and FB this post because I think lots of people will find it very informative. I know what I earn, but I have no basis of comparison at all, so I really like being able to see how someone else is doing. And I must say, I would be happy if my income was as high as yours 🙂
That’s exactly it, Susanna. No comparisons are available. I would love to see this info from all kinds of writers, not out of curiosity (OK, not JUST out of curiosity), but to get a better sense of the various writing options and earning potentials of each. Helps you reach high but not be totally unrealistic. Hey, I enjoyed you on Katie Davis’ podcast!
Congratulations on doing so much better in 2012 than 2011! And thanks so much for sharing this information. I find it extremely helpful and in about one second I’m going to tweet and FB this post because I think lots of people will find it very informative. I know what I earn, but I have no basis of comparison at all, so I really like being able to see how someone else is doing. And I must say, I would be happy if my income was as high as yours 🙂
That’s exactly it, Susanna. No comparisons are available. I would love to see this info from all kinds of writers, not out of curiosity (OK, not JUST out of curiosity), but to get a better sense of the various writing options and earning potentials of each. Helps you reach high but not be totally unrealistic. Hey, I enjoyed you on Katie Davis’ podcast!
Thanks so much for this. I haven’t seen a writer’s income broken down before and it is very helpful. Well done on a 77% increase from 2011! And good luck in meeting $40,000 this year, Laura!
Thanks, Joanna. That 77% increase would be much more impressive if my 2011 income hadn’t stunk so much. But I definitely celebrated getting back on track!
Thanks so much for this. I haven’t seen a writer’s income broken down before and it is very helpful. Well done on a 77% increase from 2011! And good luck in meeting $40,000 this year, Laura!
Thanks, Joanna. That 77% increase would be much more impressive if my 2011 income hadn’t stunk so much. But I definitely celebrated getting back on track!
Great breakdown – helps us stay realistic AND we can see that goal setting is very valuable given your huge increase over last year! Way to go!!
Thanks, Julie-Jules:>) I am all about the realistic approach and setting tons of goals. (Though I also made a wish list for 2012–things that were totally out of my control…)
Great breakdown – helps us stay realistic AND we can see that goal setting is very valuable given your huge increase over last year! Way to go!!
Thanks, Julie-Jules:>) I am all about the realistic approach and setting tons of goals. (Though I also made a wish list for 2012–things that were totally out of my control…)
Thanks for sharing. While I work on my novel writing, I make money writing policies and various communication material. I hope you hit 40 000 this year!
I always think that’s the smartest way to do it for working writers–a balance of writing what other people want you to write and writing what you really love. It’s tricky finding the exact balance, but it’s worth it.
Thanks for sharing. While I work on my novel writing, I make money writing policies and various communication material. I hope you hit 40 000 this year!
I always think that’s the smartest way to do it for working writers–a balance of writing what other people want you to write and writing what you really love. It’s tricky finding the exact balance, but it’s worth it.
Thanks for sharing this super helpful info! And congrats on the 77% increase!
Thanks, Christi. (And as bad as 2011 was, I definitely NEEDED to jump back up there with a big increase!)
Thanks for sharing this super helpful info! And congrats on the 77% increase!
Thanks, Christi. (And as bad as 2011 was, I definitely NEEDED to jump back up there with a big increase!)
Thank you for sharing this, Laura! It’s very helpful and also inspiring to see how a writer CAN make income. I also write for the educational markets.
Thanks, Tina–my wfh writing was down this year…but my ultimate goal is more trade, less wfh writing, so I suppose that’s a good thing. There is lots I love about writing for the educational and/or wfh market, though, and it has been a steady source of income for me over the years.
Thank you for sharing this, Laura! It’s very helpful and also inspiring to see how a writer CAN make income. I also write for the educational markets.
Thanks, Tina–my wfh writing was down this year…but my ultimate goal is more trade, less wfh writing, so I suppose that’s a good thing. There is lots I love about writing for the educational and/or wfh market, though, and it has been a steady source of income for me over the years.
Laura – This is incredibly helpful. Thank you so much for your honesty and openness. And great work in 2012!
Thanks, Lauri. Happy to be useful:>)
Laura – This is incredibly helpful. Thank you so much for your honesty and openness. And great work in 2012!
Thanks, Lauri. Happy to be useful:>)
Laura,
Thanks for sharing. This is a question I’d been wanting to ask, but felt it impolite and nosy! You have been extremely helpful.
Best wishes for meeting your 2013 goal!
Glad I saved you from asking:>) Thanks for the good wishes–hope you’re meeting your goals, too, be they financial or otherwise!
Laura,
Thanks for sharing. This is a question I’d been wanting to ask, but felt it impolite and nosy! You have been extremely helpful.
Best wishes for meeting your 2013 goal!
Glad I saved you from asking:>) Thanks for the good wishes–hope you’re meeting your goals, too, be they financial or otherwise!
I love your yearly tax update. I always learn so much from it. Thanks Laura!
I love your yearly tax update. I always learn so much from it. Thanks Laura!