This is a guest post by freelance writer, A. Davis. If you would like to submit a post to the blog, please use our contact page.
To tell you the truth, I never saw myself writing. I would write some as a young child, but, to be honest, it was atrocious. After entering the law enforcement profession, I realized I needed an outlet to dump some of the garbage I took into my mind during the day/night.
As a freelance blogger, you need to be keeping a business budget.
Budgets as a whole get a bad rap. People equate them with being poor, living paycheck-to-paycheck or needing to be on one due to not being able to manage one’s own money.
But the former financial advisor in me begs to differ.
Knowing your income and expenses (in essence, all that a budget really is) is essential in being a successful business owner. Here are five reasons why you need to be keeping a budget for your freelance writing business.
As a new freelance writer, it can be tempting to take on just about any client in the beginning. But trust me, you shouldn’t! And I’m going to share with you why.
I’ve done a bit of copywriting over the course of the last year and all of those experiences have been more than positive. It’s kind of my jam – meaning it’s something I’d do for fun (providing I had the free time of course!).
Have you been unsuccessfully bidding jobs via job boards? Then this post is for you!
Personally, I was able to land 90%+ of my clients in the first six months via job boards. Honestly, without them, I don’t know where I would be. I’m a fairly driven individual, so I’m sure I would have found another way. But job boards are where I got a successful start and somewhere I still recommend that newbie freelance writers look for work.
It doesn’t have to (or won’t be) the only way you source clients,
Who wouldn’t want to earn more money as a freelance writer? Seems like a no-brainer, right?
Even though we all want to make more money with our writing, you’d be amazed at how many freelancers don’t track their freelance writing income regularly or know how much they really make. And I think they’re missing out!
Being a type-A individual (and reformed number cruncher), you could say it’s in my blood to track all things numbers – income included. This has been to my advantage and helped me to grow my freelance business from $0 to $4,000 per month inside of six months.