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How to Get Paid for Writing Online Stories

If you’re looking for ways to make money from home, you’ve probably considered becoming a writer. There are plenty of opportunities out there, from joining a team of ghostwriters to launching your own freelance writing business. Ultimately, though, you’ll need to decide if writing is something you can do for money. It’s not for everyone.

Does It Pay To Be A Writer?

Even though there are plenty of opportunities for freelance writers, not all of them are financial ones. It’s probably best to look at the long-term prospects rather than just the short-term earnings. When you factor in all the expenses – from your computer to your phone to your office space – it’s probably not a promising business model. The same goes for starting a blog. Even though the income from these opportunities can be good, it will never be enough to cover the expenses that come with being a writer.

The Advantages Of Being A Freelance Writer

On the other hand, there are plenty of advantages to being a freelance writer. One of the biggest is that you’ve got complete control over how you want to earn your money. If you’re looking for steady income, you can pursue part-time or full-time employment with a company that commissions you to write certain articles. Or, you can take advantage of the demand for your services and pitch stories to publications or online platforms for cash pay. The only rules are that you must be able to complete the task and you must adhere to any deadlines that the client sets.

This is also one of the few careers where you can set your own hours. If you don’t want to work certain days or times, you don’t have to. The only drawback is that it can be quite boring to write the same thing over and over again. However, you can always spice it up by pitching stories to different clients or using different words or sentence structures. This way, you’ll always have something new to write about.

The Disadvantages Of Being A Freelance Writer

On the other hand, there are also disadvantages to being a freelance writer. One of the biggest is that you could end up writing for clients that have bad attitudes towards paying you. If you decide to take this route, you’ll need to be extra careful about how you bill your time and make sure you get paid accordingly. Also, you’ll need to keep track of all your bills, as well as your earnings, in a separate account. This way you’ll be able to keep track of your expenses, which could be tricky if you’re using a regular bookkeeping service.

Additionally, there isn’t much room for growth as a freelance writer. According to the American Association of Advertising Agencies (4A’s) 2017 Advertising and Marketing Budget Forecast, only 10% of jobs will be available to freelancers in the coming years. Most businesses will demand employees rather than contractors or freelancers. So, if you’re looking for a steady job with some room for advancement, you might be better off looking elsewhere.

Decide What You’ll Need To Do

Ultimately, regardless of whether or not you decide to become a full-time or part-time writer, you’ll need to decide what you’ll need to do to make it financially viable. This means looking into your own budget and how much you’re willing to spend on yourself. Even if you want to pursue this route, you need to make sure that it’s something you can sustain financially. It’s not always easy to get started, especially if you’ve never done any kind of freelancing before. But, if you’re really committed, you might be able to make it work out.