Tag Archives: freelancing

Making a Living as a Freelance Writer

As a gift to myself for reaching $30 in my AdSense account (after only 102 blog posts and more than 12k hits, heh) I purchased a copy of Writer’s Market 2008 at the local bookstore.

Filled with over 3,500 listings for various publishing opportunities, this book is a goldmine for freelancers.

I’m just getting started on my freelance career. I’m not a typical freelancer because I work one 30-hour-per-week job that pays the rent and the bills. But I’m hoping to expand my writing experience (and monthly earnings) by being published in numerous publications.

Sending out queries to publications is tough, especially because you likely will be rejected, or even worse, never hear back. I got lucky in that early on in my career I had the opportunity to work as an editorial assistant for a magazine and obtain numerous glossy clips. But it turns out, the clips that impress the few publications I’m trying to write for aren’t the ones I wrote for the mag. Instead, they like the style stories I wrote for a few local newspapers.

If you want to get started in writing and get paid for it, I highly recommend writing for a local newspaper. You might not get paid, but you’ll get a few clips. Don’t sign up for a full-time internship unless you’re in school or right out of college. You can try to freelance for a fee, you might make $50 an article. That’s a start.

You’ve probably already checked out freelancewritinggigs.com, a website that lists daily freelance gigs. There’s occasionally something good there. But generally, you’re going to want to send queries to the editors of different magazines. Come up with a few ideas (you might think they’re stupid and they might love them!) and send off a cover letter with your pitch, and attach a few writing samples. Thanks to the wonders of the Internet, all this will cost you is your time… not even $.37 for a postage stamp.

Whatever you do, if you’re just getting started, don’t think of writing opportunities as being below you. Even though I make $50 an hour for some of my freelance gigs, on average I make about $25 an hour. Sometimes I’ll do work for free because I know how valuable that work will be as a portfolio piece in the long run.

I’ll write more tips on becoming a freelance writer as I go through my own trial and error process. Thus far, I’ve been assigned one 600-700 world Q&A for a magazine. The pay is $100. I’ll probably spend 4-5 hours on it, including the interview, so that’s a good $20-$25 an hour. Hopefully the interview will go over as planned, and I’ll have a good article on my hands.

Found My Dream Job… But Why Must it Require 60 Hours Per Week?

My contract gig is going very well. In fact, it’s going better than expected. In the past two months, my 30-hour-a-week gig has already expanded from that of “writer” to that of marketing assistant and community manager. In a meeting with my boss yesterday, we briefly discussed the possibility of my staying on past the end of my contract in mid-Feb, and he seemed to want me to stick around. Great. Here’s the catch — to be considered “full time” I’d have to work about 60 hours per week.

Yes, that’s how life is out here in Silicon Valley. 60 hours a week is the norm for a full-time salaried position. Maybe I don’t need to be “full time.” I can be “part time” at 40 hours per week. Basically that just means that I’d be sans benefits and I’d get paid a bit less. And I might end up working 60 hours per week, but I won’t be required to do so.

I’m not sure that’s the end of the world. I’d rather have flexibility compared to having to be a slave (albeit a paid one) to a job (albeit a job I really like.) I want to have a life outside of work… even if that life is working other freelance gigs… I like the diversity of freelancing, so I think I’ll stick with that. Or maybe I should actually find myself a job that’s salaried at 40 hours per week.

But I tried that and I was miserable. I’ve been so happy lately, and it’s all because of my flexible schedule. I’m making a bit less money, but in time I can fix that. I’m marketing myself and getting new freelance writing gigs. An article here, a marketing newsletter there, and pretty soon I’m making $50k a year, all with time to keep enjoying my “hobby” of directing theater in the evenings and on weekends. I just don’t sleep.

I just wonder if I need to suck it up and take on a 60 hour per week job in order to advance in my career. I know that’s the norm here, and it seems like I’ve got one of those generation Y sense’s of self entitlement if I don’t just agree to that kind of life. But I’m worried if I do that I’ll quickly slip back into depression. And that I don’t want at all.

I Can’t Get Affordable Health Insurance

Do I really need healthcare?

Well, apparently I was denied coverage from PacifiCare due to my pre-existing conditions. That’s not good, since my health insurance agent basically told me that they’re the most lenient when it comes to this stuff, and I didn’t even note on my application that I have “major depression.” I just put down that I have anxiety/depression and took Lexapro and Xanax for this problem for one month each. To be honest, I’m done with meds for anxiety forever. I don’t like them, they don’t help, they make me feel sick, and they cost too much, even with insurance. I also noted that I have irregular periods, but I didn’t label it as “PCOS” because I thought that might get me denied. Oh, and I mentioned that I did have a ruptured cyst on my ovary last year. Yea, so I was pretty honest, minus fibbing a bit on my mental health diagnosis.

Anyway, fuck, I wasn’t approved. Now what? Well, my options, according to my agent, are signing up for a state plan where I’d be pre-approved but it would cost more. $240 a month for Kaiser, or $290 for Blue Cross. I’m pretty sure these are high deductable plans too. Yea right. I don’t make enough for those plans.

In short, it looks like I’m going to have to go without health insurance for the next ten years. I think that’s when I can wipe my mental health problems off my record. Let’s hope I don’t get into any near-fatal accidents between now and then.

Gosh this makes me sad.

Help Me Sort Out My Tax Mess

How on earth am I going to figure out what I owe for taxes this year?

Can’t I have one year where my taxes are straight-forward?

I guess not.

So… I have absolutely no idea how much I’ve made this year. Some of my income has been taxed, some has not. I hate having to wait for those 1099’s to come in the mail to figure out what I’ve made. I should have kept better track of things, but it’s too late for that this time around.

Here’s a guesstimate of taxable income…

startup a: $1275
startup b: $3300 (1 month)
marketing firm: $2,275
————————————————-
$6850 not taxed yet.

Plus…
Pre-Taxed income:

Job 1: $12430 ($35k/year)
[$656 a month taken out in taxes??? Or $3283.33]
Job 2: $8028 ($50k/year)
[$2973 taken out in taxes total]

————————————————–

So I’ve had $6256 taken out as taxes already??? Possibly.

————————————————–

So how much tax am I going to owe?

Oy, I’m confused.

The Unfortunate Quest to be Anything Other than Average

Blaming Attention Deficit Disorder is easy, but the fact of the matter is that I have a serious problem with my inability to complete projects. Of course, I’m working hard to combat this problem and I’ve been doing a good job of it at my current contract gig.

But, even though I think I’m working hard, I still feel like my employer views me negatively. Maybe that’s my problem — as I always convince myself that people dislike me until proven otherwise. There are a few other projects on my plate that I’m behind on, or that are basically gone for good because, well, I took on more than I can chew. I don’t really know enough about interactive design yet to build multimedia sites, yet I tried once and it didn’t work. I’d like to take some classes in these things so it won’t take me hours browsing through tutorials to make a relatively simple site that has more than just graphics and text, but unfortunately, I don’t have time or the money to do that right now.

With my writing work… I feel like such a fake. I don’t think I’m a good writer. I think I’m a much better designer, without the technical skills to profit from my somewhat decent talent in that area. Meanwhile, writing is easy… to fake. Anyone can pretend to be a writer. But what matters is the content.

Maybe I just lost my love for writing. Once I wanted to be a journalist. But now all I do is dream about a day when I can design for a living. I feel like I get color and line and composition. What I don’t get is the composition of paragraphs or sentences.

I’m just tired of being a F&#& up. How did I get so far this fast and yet at every turn I run straight into a wall of my own creation? I’m over and done with it. I want to be successful, but my motivation levels… my non-temporary motivation levels… dwindle faster than George Bush’s ratings since going to war with Iraq.

Am I the only person who practices somewhat subconscious self sabotage? I’m so afraid of proving to myself that I’m actually a failure that all I can do is fail before I have the chance to do it unintentionally.

I need to stop feeling like I need to do something GREAT in order to succeed. I know it’s the little things that are meaningful, yet I don’t believe it. I want to be famous, or brilliant, or… anything other than average.

The Bartering Trend

Up until earlier this year, when I thought of the term “bartering” pictures of Pilgrims, the Amish, and even some current third-world countries came to mind. Why “barter” for goods when we have this wonderful thing called paper (and metal) money?

Then I found out that bartering is a great way to exchange services or goods without having to deal with the hassle of money. Unfortunately, the IRS still requires that you report your bartering “income” come tax time. My philosophy? Don’t ask, don’t tell. Like it? I got the idea from the government. Brilliant, isn’t it? If you want to find out more about taxes and bartering, the IRS has lovingly put together a detailed informational page for anyone who wants to report their bartered “earnings”.

Right now, my bartering income is quite limited. My freelance business model isn’t designed to support itself through bartering, but I decided to try it out. My personal opinion on bartering is that, since it does not involve money, should also not involve the government.

Bartering feels like a ‘clean’ way to deal with commerce. At the moment I’m doing a barter deal with a personal trainer. She’s offering me training sessions in exchange for web design. I’m still sans quality health insurance right now (I’m signing up for a catastrophic plan next week) so I feel like preventative care via working out is probably a good idea. Besides, I like that I can use my skill as a web designer and make this personal trainer a fabulous homepage, which she needs, and in exchange, I work out at least two times a week, which I need.

If you don’t have a “skill” that you think would be valuable for trade, think again. Some people just like the idea of bartering, and they’ll trade for just about anything, as seen on this Craigslist Barter page for the SF Bay Area.

Just be careful about trading services, because you might get screwed over in the end. The woman who is giving me personal training sessions lives close by, and we trust each other enough to exchange services. It would get messy if I decided to just up and walk away from designing the site after she has given me a few training sessions. I imagine that at some point, such a situation could conclude with an icky court situation. Lucky for us, we’re both game on this deal, and I’m making a great website for her, and she’s kicking my ass into shape.

Here are some other barter sites that I’ve found on the interest that may be of interest to you:
(disclaimer: I haven’t used any of these sites)

SERVICES AND GOODS BARTERING
BarterYourServices
u-Exchange.com
BarterPlanet.com
TrashBank.com
TheInternetBarterExchange

BARTERING AUCTIONS
BarterBart

CORPORATE BARTERING
Premier Barter
BizXchange
National Trade Association

Hello December

I can’t believe it’s already almost 2008. Seriously, wasn’t New Years for 2007 just yesterday? It’s kind of scary how fast life starts going by once school isn’t around to make everything go sooooo slowly. I want to figure out a way to slow life down. Now that I’m 24 (oh yea, I turned 24 a week ago, happy birthday to me) I need to somehow figure out how to make each day count just a bit more.

Thank goodness my job situation is starting to piece together into a picture I like. Freelancing with steady contract work is obviously the ideal situation for me.

Right now I have three steady gigs, plus some random projects thrown in. My logic is that each extra project I take on is more money I can save, while my steady work is generally for bills and such. Any extra money from my ‘steady’ work goes into savings, either my IRA or some other savings account that I need to set up.

My jobs:

Writing for a Company — 30 hours per week, 3 months, $3300 a month
Assisting at another Company — 5-10 hours per week, $25 per hour
Steady work from uncle’s marketing business — $400 a month retainer

So, I imagine that should turn out to something like $3900 a month. Take taxes out, it’s down to maybe $2800? Then take out $1050 for rent, $200 for bills – phone, internet, TV, gym membership) and $200 for health insurance and potential medical bills. That leaves me with, um, about $1300 for food, entertainment, gas, etc. If I’m lucky, that’ll be enough to save some money too.

What I want to save for…

$3000: Laser Hair Removal.
$1000: Digital SLR camera + lense and accessories
$100,000: Grad School

Time to start saving!

It’s Been a While, Time for an Update

I was just interviewed for an article about personal finance sites, and the brief early-morning chat reminded me that I haven’t updated this blog in a while. I’d like to start writing regularly again, it’s just tough to keep up with my blogs and my life. I don’t know how some personal finance bloggers find the time to write, like, three posts a day.

That said, I know I left you all with that wonderful long health insurance rant cliffhanger. Cue the cheesy suspense music please… “Duhn, duhn, duhn”….

There’s good news, and there’s bad news. I still don’t have health insurance. The good news is that’s mostly because I’m lazy and less because I’ve been denied. Well, I haven’t been denied because I haven’t applied yet. I’ve been speaking with a health insurance agent who seems to think my best option is to lie on my applications, although he won’t go on record as advising that. Meanwhile he’s also helped me put together a quote for Pacific Healthcare where I don’t have to lie, and that seems pretty reasonable (something like $140 a month for catastrophic insurance).

COBRA turns out to be a whopping $405 a month, so unless it turns out I actually get denied from every other option, it’s looking like COBRA, an aptly named snake, is a type of insurance one ought to stay away from even though it’s enticing from afar.

Money matters are looking up. I’m actually getting more work than I know what to do with right now. And old colleague who is the editor of a journalism-y startup just asked me to work a few hours for her a week helping with admin stuff, doing site maintenance and at some point writing some short and fun features for the site. I have a feeling she’s going to try to encourage me to get back into writing longer-format features and news stories at some point, but I’m not sure that’s the direction I want to head in. I’m kind of happy with the freedom (and better pay) that comes with controlling my career as a freelance writer out in Silicon Valley. Unfortunately, my journalism expertise is in technology writing, and if I’m going to work for any startup in the area, it’s too conflict-of-interesty to try to swing a career half-time in journalism and half-time in writing marketing copy for these sites. This gig for my old colleague is kosher because it’s covering a specific area of technology that I will not be doing writing work for. So, that seems alright.

My biggest concern at the moment is the upcoming tax season. I just hope I get my W2 and 109 forms my way early so I can start figuring out how many zillions of dollars I owe, or don’t owe. I honestly have no idea what taxes will look like this year, and it scares me a bit. See, from Jan-June of 07 I was making “35k a year” and having taxes taken out of that. Then From June 15-Nov 15, I was making “50k a year” and taxes were swiped from my bi-monthly checks. That’s good. But after that, my tax situation turns into a bit of a mess. I’ve done a bunch of freelancing here and there. Some of it was for $50, some for $600, some for $1000. Obviously I’ll report all of the larger gigs, and try my best to remember the tally of my smaller gigs. Smart me, I haven’t been keeping track of my checks as I cashed them at the bank because I just assumed I’d have access to the scan of them later. I could have sworn at one point I saw these scans on my BankofAmerica.com account. No such luck. Apparently they charge some fee to pull up the scans of old checks. I don’t really want to find out how much that fee is. I guess I’ll just wait for my tax mail to come, and take it from there. And hopefully, at least for this year, it will turn out that my average pay was so low (due to periods of unemployment, without being on unemployment) that I’ll somehow break even on the whole tax situation. If not, there’s a chance I could owe a lot.

This is also the first year I’m going to see what having some cash in a mutual fund does to my taxes. Apparently I have to pay tax on my dividends. But right now it looks like my mutual fund, despite being ‘in the bank’ for over seven months, has returned to its original buying price. So I’m not sure how that all works out come tax time. Can someone explain this to me?

Ashes, Ashes, Her Finances Go Down

The stock market is still performing poorly. I went ahead and bought $100 more dollars worth of my mutual fund, because I’m upset that I’ve lost $400 and I figure if I buy more now, when the the fund is cheap, maybe I’ll make my money back. At least my CDs that are making interest have made about $400 total over the last two and a half years, so, I’m at break even, for now.

I’m not too concerned about my Roth IRA. It kind of sucks to watch my Roth depleting. That’s going to have quite some time to recover. Afterall, I’m only 23. The mutual fund is really worrying me, and it probably should be. As I’ve written before, I’m not going to pull my funds out right now. I’m keeping them in for a while. A few years probably. I have other money not tied up in investments so I’m doing fine financially. It’s just it’s really upsetting to think that there’s a possibility the $9100 dollars I now have tied up in mutual funds — $4000 in my Roth and $4600 in my index fund buy – will be down to… much less than that the day I decide I want to buy a house or take a year off of life and become a reclusive writer traveling the world.

In happier financial news, my freelance career is sort of, kind of taking off. Thanks to my uncle, who hooked me up with some folks who needed writing help, I managed to make about $300 extra this month. That’s really nice, considering I’ve spent about that much to get to and from my show and work in gas and that lovely $170 car key incident.

I’m also excited about getting my first paycheck for my new job tomorrow. I’m not sure how much my check will be after taxes are taken out, but I know I’ll be making more than I was the last time I was taking home money. And my new company even has direct deposit, so I don’t have to deal with going to the bank twice a month. I hate going to the bank.

Really what I need to focus on is doing good work at my job. I’m trying, I really am, but my new position is pretty hard. And I love the challenge, but I’m terrified of failure. I’m even more terrified of failure because I’m not really sure what it’s defined as in a job like this. There’s no way to quantify what a good job means. Obviously if everything I do is great and gets a lot of positive feedback from the blogosphere, I deserve a pat on the back. But otherwise? I don’t need constant praise or criticism but once in a while it’s nice to know where I stand – especially when I’m so new at something. I do hope I’ll get better. I like that my company does offer a bonus incentive to work towards. That’s certainly not the reason to do a good job, as really, the reason to do a good job is the reward of knowing that I’m contributing something to a larger conversation… but, the extra cash incentive doesn’t hurt.

Building Up a Freelance Career

There are tons of opportunities to make a few bucks here and there when it comes to writing. This blog, despite all of those AdSense ads, is not one of them. I seem to be making about three cents a week with AdSense, and that’s on a good week.

However, with all of the magazines in the world, online and in print, there’s plenty of room to pitch stories and freelance for some extra cash each month. I’ve always been fascinated by the idea of working as a freelancer, but I’m not sure I’d be comfortable moving to a full-time freelance career. First of all, every month would bring in a different amount of money. Health insurance would be all up to me to figure out. I might ultimately make more money, but the uncertainty freaks me out too much to take that leap.

In the meantime, I’ve been lucky enough to be doing some minimal freelance writing work for my uncle, who runs his own online marketing company. He develops e-newsletters for a company that are sent out each month. Included in those newsletters are summaries of related news articles. Guess who writes those summaries? I make $50 per month doing that, but that $50 covers one voice lesson. It actually used to be $100 a month but one of the companies he developed the newsletter for decided they were done with their monthly marketing e-mail. The extra $100 a month was really nice. It seemed to provide the extra cushion I need between overspending and just having enough money to break even each month. The job is nice because writing up the blurbs comes naturally to me and I feel like I’m actually helping my uncle out while also making his life a little easier.

I’ve done occasional freelance work for newspapers, but it’s a ton of work for $50. My cell phone bill for making all the calls ends up costing more than what I make. So I’ve put a stop to newspaper freelancing for now.

Lately I’ve realized that the real money to be made in freelancing is writing for PR and marketing. I don’t think I’d want a full-time PR or marketing career, but I do enjoy spending my free time writing marketing copy. It’s nice to spend my days reporting and writing hard news, and then getting a bit fluffy come evening. Of course, I have to be very careful not to run into any conflict-of-interest issues, which is always a very real concern for me as a journalist. I’d only write marketing copy for a company outside of the sectors my magazine covers.

On top of writing, I’m also trying to build up my freelance web design work. It’s amazing how much money one can make designing a simple site for a person or a business. My uncle hooked me up with my first gigs, where he pitched me as a cheap alternative to other web designers. I guess most web designers charge about $1500-$2000 for a simple site. I’ve charged about $600-$700 per site. I feel really weird charging people that much money, even though I realize my prices are more than competitive. I’ve also worked for small companies or people who have a large chunk of disposible income, so my uncle tells me not to feel guilty about setting my prices in that range. He said he’d charge $2500 or more to do the exact same thing.

Knowing that, sometimes I wonder if I should really focus on gaining skills in web design. After all, it would be neat to either work full-time as a web designer or, ideally, to supplement my income as a reporter by designing about two sites per month. The extra $1200 per month, or even $600 per month, would really help balance out my budget.

As far as career goes, I’m not sure what I’m going to be doing in a month. My company, as I’ve noted previously, looks as if it’s about to go down the tubes. But I’m not too concerned. Some exciting opportunities have popped up. It’s kind of nice how things seem to always work out. A networking contact of the past has contacted me about an opening at her company. It’s not everyday someone contacts me about a job opening.

I definitely have tons more to say about job searching as both an entry-level candidate and now as a candidate with rather specialized experience. But that’ll be another entry.

Do any of you freelance full-time or for supplemental income outside of your job? Any advice for a gal who’s interested in building out her freelance work?