Finances for Authors: Essential Tips for Managing Your Money

Writer Spark: Business, Creativity, and the Craft of Writing

Episode 24

Episode Highlights:

• Mastering Finances as an Author: In this episode of The WriterSpark Podcast, we tackle a topic that many writers might shy away from—finances. Whether you’re just starting out or already have a few books under your belt, it’s never too early to start thinking about how to manage your financial life as an author. From tracking expenses to evaluating the most worthwhile investments, understanding your finances is crucial for building a sustainable writing career.
• Insights from Kelsey Browning: USA Today Bestselling author Kelsey Browning joins us to share practical advice on managing finances as an author. We discuss the importance of setting up an LLC, how to organize your bank accounts, and why running a Profit and Loss statement can help you stay on top of your financial health. Kelsey’s tips are accessible and actionable, making it easier for you to take control of your money and ensure that your writing career is financially sound.
• Evaluating Your Spending: With so many resources available, it’s easy to get lost in endless spending. Kelsey shares strategies for honing in on what’s truly worth investing in, based on where you are in your writing journey. Learn how to prioritize your spending to support your career without unnecessary financial stress.

Get Inspired:

Finances may not be the most glamorous aspect of being an author, but they are essential for a successful and sustainable career. Kelsey Browning’s insights will inspire you to take a closer look at your financial practices and make informed decisions that will benefit your writing journey. Whether it’s setting up an LLC, managing multiple bank accounts, or cutting back on expenses, this episode provides the tools you need to handle your finances like a pro. So grab your favorite drink, settle in, and get ready to ignite your WriterSpark!

Get my seven tips for an author's financial life HERE!

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• Finances for Authors
• Managing Money as a Writer
• Author Financial Tips
• Kelsey Browning Writing Finances
• Setting Up an LLC for Authors
• Author Profit and Loss Statement
• Evaluating Writing Expenses
• Financial Management for Writers
• Sustainable Writing Career Finances
• WriterSpark Podcast Financial Advice

Resources

• WriterSpark Online Courses: Learn more about our online courses! Enroll Now!
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• WriterSpark Website: http://writersparkacademy.com
• Learn more about the host, Melissa Bourbon: http://melissabourbon.com
• Subscribe to WriterSpark on YouTube: https://www.youtube.com/channel/UCnKN2ZVZwjoAOeHlBO-cRIw/videos
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Thank you for tuning in! Keep sparking your creativity and igniting your passion for writing. Happy writing!

Y'all, there are some great podcasts for writers out there. Check them out to continue learning:

Essential Guide to Writing a Novel with James Thayer

Fiction Writing Made Easy Podcast with Savannah Gilbo

Master Fiction Writing with Stuart Wakefield

Writing Fiction 101 with A. N. Writer

Fiction Author Business School with Liesel K. Hill

The Shit No One Tells You About Writing with Bianca Marais, Carly Watters and CeCe Lyra