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How to Live a Secure Life as a WriterA writer’s life - especially one conducted on a freelance or otherwise unstable basis - can be a little insecure. With regular rent and bills to pay and irregular work and working hours, it’s important as a writer to find some sustainable practices to keep you balanced and happy. This article looks at the ways in which you can secure your life as a writer, ensuring that you and your family won’t suffer any overlooked formulated and tips to a successful life scribing in bursts of creativity or productivity. Tax and Accounting
Nearly every writer, even if they’re in a contracted job, is likely to also do some paid work on a freelance basis. Earning money on the side in this way is a great way to supplement your income and gain experience that’ll add to your impressive portfolio. However, this freelance work needs to be added diligently to your accounts so as to be honest and fair with the taxman. Trust us; it’s not worth getting embroiled in a dispute over tax - simply set up a spreadsheet, keep your receipts and be ready to declare everything when the time comes. Secure Your Finances You’re also going to want to keep a closer eye on your finances than those in vocations that mainly involve the regimented paying in of a wage every week or month. Especially important for those who rely on freelance work to make up the majority of their income, securing your finances will help you lead a secure life as a writer. There are myriad ways to go about this, but budget tracking is a must, as well as avoiding debt at all costs. Ensure that you have a pool of money to access in months where the work isn’t coming through so frequently, and other outsourcers you can go to get extra work. Think Ahead Again, writers tend to not think ahead - getting too stuck into the work at hand, without making more long-term plans. This can end up costing creatives in the future - those who failed to save for a deposit on a flat, or those whose credit rating has dwindled at rock-bottom for too long. So, the advice is to make long-term plans, with goals and objectives to help your ambition become a reality. Think of everything - from how to increase your wage, to finding out how to buy life insurance so that your family isn’t left in the lurch should the unthinkable happen. Always Aim Up Even in your very first commissions and jobs, as a writer, you should always aim up - never down. Never settle for work that’s below your pay grade, and never cover material that you don’t agree with. Every writer is familiar in part with the feeling of selling out, but there has to be a line. The smartest way to always improve your output is to take ever-more challenging roles and positions. That way, you’ll be testing your writing skills each and every day and, usually, making more money in the process. Life as a writer can be demanding and stressful - which is exactly why this guide should be of use, helping you plan a secure future for yourself and your family. CommentsComments are closed.
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