Manage Your Writing, Manage Your Finances

April 26, 2009 by Chris
Filed under: Lessons Learned 
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As writers, we’re all too familiar with the ups and downs of our industry. We are well aware of the pressures in the publishing world. To ensure our ability to devote our efforts to writing, you need a plan.

A ballpark figure of six-month savings is a good goal to give yourself that extra cushion. The stream of writing gigs has a life of its own. Work can be unpredictable. Even if the work isn’t coming, chances are you are still writing. You are writing articles, creating writing samples to build up your store of work. Your finances would benefit by that same thinking.

One way you can accomplish this is through stock trading. With prices low, this is a good time to look into online trading. If you’re like me, I’m conservative when it comes to money. Other options exist that give you more secure ways to manage your investment. Even a simple savings account can give you the peace of mind you need to keep your focus on your work.

In any case, you want to do your research. Learn about opportunities and their risks. Speak with an online broker for assistance. First Trade provides such services. Whatever you need to do, it is important to protect your writing investment.

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