Depending on the country you live in, you may be entitled to a state pension. If you are lucky enough to live in a country that provides for old age then you may also be able to rely on the state to provide you with healthcare. All these things add up to money not being one of the worries you have at the end of each month. However, what if I told you that you could make a lot of money without having to leave your desk? What if I further told you that you could make enough money to ensure you never have to work another day in your life?
What would your reaction be?
If you’re reading this, I assume that you’re either interested in becoming a copywriter or at least know one, and are wondering how much money they could possibly make. I’ll do my best to answer your questions. First off, I want to tell you a little bit about myself. I’m Danny Cooper and I’ve been a full-time copywriter for over 12 years and have been writing for brands such as HP, Subway, Kraft, and Yoplait. I have clients in over 20 countries, so although I base my answers on UK earnings, you may notice that the figures may vary a little from country to country. Lastly, if you’re wondering about how much money you can make as a copywriter, here’s a good place to start…
The Average Salary Is…
Depending on how experienced you are, the average salary for a creative copywriter can vary between £30,000 and £45,000 per year. If you’re just starting out, expect to make about £25,000 per year. However, experienced copywriters can easily command up to £50,000 per year. Above all, keep in mind that this is only the average and you’ll likely discover that it’s a bit higher or lower than this range. Also, remember that the more you charge, the more you’ll make. The key to making money as a copywriter is to find those clients who are willing to pay you a lot. Fortunately, there are plenty of opportunities for freelance copywriters, especially considering the amount of work available. If you want to find out how much you could potentially make, try out our free salary calculator. Simply enter how many hours per week you work and how much you want to make per hour. This will give you an idea of the amount of money you can make per year.
The Rising Cost Of Living
The cost of living in London has increased by 17% since 2012 and the prices of food and fuel are predicted to rise further. All these things will have an effect on your ability to make money, particularly if you are already spending a significant portion of your income on bills. This is why it’s more important than ever to focus on cutting corners wherever you can. For instance, if you’re driving, take the bus instead of the bus driver’s car. If you’re dining out, choose somewhere cheaper but don’t expect the food to be bad. Consider trying freelancing to be able to have a laugh even when you’re not making money. It’s a sad fact that being a creative in any field can be quite stressful, and having a good laugh every now and then can help reduce that tension. It may not be for everybody, but if you can get away with it, freelancing is a great way to make some extra cash.
The More You Charge, The More You’ll Make
It’s a simple matter of supply and demand: as you’ll undoubtedly know, the more you’re demanded, the more you can charge. If you want to make the most out of this situation, all you need to do is ask for more. When you start out as a writer, your potential earnings will be capped at about £25,000 per year. Once you’ve proven yourself, you can ask for extra work and hopefully, make a little extra money. Remember: it’s only by being demanding that you’ll be able to push your limits and potentially increase your earnings.
The More You Work, The More You’ll Make
It’s a common misconception that the more you work, the less you’ll make. In fact, the more you put in, the more you’ll make. This is especially important if you want to become a successful writer, designer, or photographer. When you first start out, it’s important to gain as much experience as possible by working as much as you can. By doing this, you’ll be able to show your skills to hiring managers and get on to more promising projects. It’s also worth noting that the longer you wait to start working, the less likely you are to make as much as you could have. This is because as you get older, it gets more and more expensive to keep up with the energy requirements of a full-time job. One or two part-time jobs may be sufficient in youth but as you get older, you’ll discover that a third job is becoming commonplace. It’s a stressful existence trying to keep up with the demands of a third job, let alone a family, so it’s worth starting as soon as possible. In order to make the most out of this situation, you should consider seeking part-time work as a writer, designer, or photographer. It’s a great way to gain experience and at the same time, make a little extra cash. Also, if you work in a coffee shop or eatery, take advantage of the free wifi and work remotely. Finally, if you’re driving, take the bus instead of the bus driver’s car. It’s more convenient for everyone, and it can also be considerably cheaper. The rising cost of living is a real nuisance for anyone, and being in the middle of it as a freelancer is even more stressful. It’s therefore essential that you find ways to save regularly, especially if you want to make a decent living. For instance, try looking for online freelance work or starting your own blog. Not only will this help you make a good living, but it can also be a lot of fun. As a freelance writer, the more you charge, the more you’ll make. So be ambitious and ask for more. Finally, if you’re in London, then we can’t speak highly enough of getting a bus pass. Not only is it good for the environment and much cheaper than owning a car, but it also makes getting to and from work a whole lot easier. In fact, it’s the only way to travel unless you want to spend a fortune on private hire vehicles. Owning a car simply isn’t worth it anymore, not when you can have a bus pass and simply walk to work every day. If you want to make the most out of this situation, then try and find a combination of the above. Working on a blog is a fantastic way to make money, gain experience, and promote your services. At the same time, charging more means you’ll soon be able to upgrade your standard of living. This could be in the form of a mortgage repayment plan or an increase in pension income. So, be as creative as you can and ask for more. Finally, it’s worth bearing in mind that although you may be entitled to a state pension, this doesn’t mean that you’ll be able to rely on it. In some countries, it’s very difficult for someone to qualify for a state pension if their income is largely from freelance work. In order to find out how much money you’ll be able to keep for yourself at the end of each month, simply enter your earnings from freelance work into our free state pension calculator. If this sounds like something that would be of interest, then read on.
Additional Information
For those interested in pursuing this career path, here are a few other useful tips: