Money Mindset (March 2020)

The Writers’ Co-op

We're running some older episodes while we take this spring and summer season more slowly! This week's re-run is our very first money-related episode ever published!

Your money mindset determines every aspect of your freelance writing and editing business. It's also a key to long-lasting success: Making good money allows you to live a life based on what you value, and it provides the stability needed to make good art. In this episode, Wudan and Jenni talk about how to determine your rates, how to math out your goal income for each month, and why it's important to be shameless about wanting to make money. They also discuss how much they make each year as freelancers (and how they got there), why financial conversations about freelancing should also address privilege, and why paying the rent really does improve your writing craft.

May we recommend some resources?

• Buy the season 1 workbook here.
• Snag our business planning workbook here.
• If you're just getting started with your freelance business, you'll want to enroll in freelance biz school @ The Writers’ Co-op Academy! We're offering two courses: One that helps you build a business plan (Biz Basics) and one to help you understand media contracts. It's like 1-1 coaching, but cheaper.
• We've also hosted webinars on taxes, planning for retirement, and beyond, which you can download on our website.

As always, you're invited to support the podcast by becoming an official Writers' Co-op member on Patreon. All members $3 and up get access to event discounts, a Q&A form, and more. All-Access members receive special worksheets and other downloads along with each episode, plus an exclusive episode at the end of each season, and access to our Slack channel. And if you're a VIP or Pod Squad member, you also get monthly coaching sessions along with the aforementioned resources. If you're not a member, you can buy each episode's accompanying resources a la carte on our website. Episode transcriptions are also available there.