Writers: You Don’t Have to Starve (If You Do This)
A friend of mine recently did a survey of a few thousand writers, asking them how much money they make off their writing per month. Do you know what they said? Can you guess? A few thousand bucks a month? A few hundred? Not even close.
According to this study, the average writer makes less than a dollar a month off their writing. A dollar. A DOLLAR?!! That’s insane, and in my opinion, unacceptable. Sadly, though, it’s true.
Based on my conversations with the hundreds of thousands of writers who read my blog every month, most of them aren’t making money off their writing. Like, none.
Another study I found was done by Writers Digest, and the findings weren’t much better. Out of the 7000 working writers surveyed, over 77% didn’t make more than $1000 a year off their writing.
Look. I know it’s no surprise that writers don’t make a fortune off their work, but a dollar a month? A thousand dollars a year? We can do better.
And yet, for every group of Starving Artists out there, we occasionally stumble across an individual who defies the odds and breaks through the glass ceiling of what’s possible. These are those elite few we tend to call “lucky” and “privileged.”
But are they really?
The truth is some writers make very little money and some make a lot of money. In fact, writing may be one of the few jobs where the minimum and maximum earning potential are practically limitless.
With other jobs, like law or medicine or even food service, there is some minimum salary to which you are entitled. Not so with writing. That makes this a little risky. But you knew that already.