How Much Do Writers Earn?
Here’s the one thing we all want to know and very few of us actually talk about. How much money can you make as a writer?
Cozy mystery writer Ellery Adams is going on the record with the financial details. On her agent Jessica Faust’s blog, Adams tells all. Here are a couple of the highlights:
Average advance received from publisher — $6,000 per book
Average amount paid for large print or foreign rights — $500 or $1000
Average amount of advance spent on promotion — 25% of advance
Average money my publishers give me for promotion — 0
My writing income based on my 2010 tax return — $18,000
For details, head over to Jessica’s blog.
By the way, I think Jessica’s got one of the best blogs out there for writers. It is updated regularly and consistently offers insight into the publishing and agenting worlds.
