How to Invest In Yourself So You Can Make a Living Writing - Elna Cain (2024)

Invest in yourself.

You know that’s something you truly want to do, but you can’t pull the trigger. You are being pulled in all directions – from work to family to self-care and even taking care of aging family, your passion is pushed to the wayside.

Another day, you tell yourself.

How to Invest In Yourself So You Can Make a Living Writing - Elna Cain (1)

When my children go to school, that’s when I’ll invest in myself.

But, I’m here today to help you see there is no shame in investing in yourself today. This will make you a better person overall, a healthier person and a successful business owner.

Because you do want to focus on your passion. And if you can monetize that passion, investing yourself was worth it then, eh?

Make this year the year you re-invent yourself, follow your passion of writing and become a freelance writer.

Invest In Yourself

What’s your passion?

I’m hoping it’s creativity and writing 🙂 I’ve helped thousands of people become freelance writers. Many of them have a deep-seeded passion to write. They wrote stories as little children, took creative writing classes in high school, but then they grew up.

They focus on getting that job that will secure their way of life and stopped writing.

Years go by, and they’re doing well creating the life they want, but they fundamentally know there is something missing. It’s that creativity they felt when they wrote. And the more they think about writing, the more it pulls them in.

They declare in a whisper, yes, I want to pursue writing.

That was the first step in investing in yourself.

This declaration is what can carry you to make your choice a real action. But, as soon as you declare this want, your logical brain steps in.

Ahem, you can’t make a living writing you know! There’s no money in writing!

And you start to believe this.

I’m here to say, NO! That’s simply not true. You can monetize your passion. If writing is your passion, you can make money writing.

But, for that to happen, you need to invest in yourself. From education to tools and resources, to make that choice a reality, you have to do the work.

9 Ways to Invest In Yourself

How to Invest In Yourself So You Can Make a Living Writing - Elna Cain (2)

So, you want to be a writer? Freelance writing is a great way to make an income from writing. You essentially write for others like businesses, brands, start-ups etc., and they pay you to write for them! Sweet!

Let’s look at 9 ways you can do to get started on your path to becoming a freelance writer.

1. Educate Yourself

The first step to investing in your passion is to educate yourself about writing and freelance writing. Hop on Google and search for freelance writing. See what advice pops up.

Get to know blogs that focus on freelance writing. My favorite are:

Spend time in learning more about this field of freelancing or writing.

If you enjoy podcasts instead, there are wonderful podcasts for writers that can help you learn more about freelance writing:

In any case, start your learning now!

2. Save Money

You know you hate your job and you want to quit, but you can’t do it today.

You have to plan to invest in yourself and that means starting to save money so that you can take the leap into freelance writing.

Writeto1k course student Mike made sure to save a lot of money before he quit his 9-5 job. This ensured him that he could plan out his strategy to land clients and get freelance writing work.

So, while you spend the time learning, also start saving every week or every month. This might mean less Starbucks latte’s or less eating out.

Remember, you are investing in yourself and that’s okay! It’s okay to save for that investment 🙂

Get My Free Course on Getting Paid to Write Online

3. Carve Out Time

Many people that want to make a living from writing, say they just don’t have the time. That’s why the tell themselves – when my children start school, when I finish my degree…

But, you know what? You have to make the time. Carve time in your day to devote to your passion. This can be early in the morning, late at night, only on the weekends or an hour a day after supper.

Start small and do one hour. When you are more comfortable or your day allows more time, increase to two or three hours at a time. When you do this, you give yourself permission to explore your writing passion.

4. Give Yourself Goals

Goal setting is HUGE for success. If you write out your goals you are much more likely going to achieve them.

So, while you’re watching TV at night, get out your bullet journal or notebook and write out your goals to start freelance writing or whatever chosen passion you want.

Some goals you may have are:

  • Save $50 a month
  • Write 500 words a day
  • Read two freelance writing blog posts a day
  • Quit my job in 3 months

How to Invest In Yourself So You Can Make a Living Writing - Elna Cain (4)

5. Get Help

Look – doing this alone is difficult.

I did it alone and I made a ton of mistakes. This just took me longer to reach my goal of becoming a profitable freelance writer. I’m hoping my blog is a place to help you figure out the right way to do this.

It’s always a good idea to learn from those that have done it before you, and have done it successfully.

For you, this might mean asking other freelance writers, investing in a course or talking about this with friends and family. Having that support is paramount to helping you succeed and monetize your passion.

6. See This Through

It isn’t enough to declare you want to start writing again. You have to see this through. From start to finish. This means investing in yourself!

Break down the steps you feel you have to actually start getting paid for your writing. Also, give yourself a goal to landing at least one freelance writing job. This shows you that you did see this through and at that point you can decide if it’s worth it to pursue more.

Some people give up. They land a low paying gig or they suddenly find themselves writing on a content mill.

Others, luck out and land a great gig and take off.

Still others, start off with low-paying gigs, but know there is better work out there (that was me!).

So, give yourself a timeline and hold yourself accountable.

7. Be Committed

As with anything new you try, stay committed. I know that may be hard with your passion. What if it’s months and you aren’t making money with your passion? How can you remain committed to this?

I know that’s tough.

But if you set yourself up for success – saved money, freelance writing on the side of your day job, and learned from someone who already did this – you can still be committed and keep on trying.

8. Do the Work

Okay! Now it’s time to take action. To monetize your passion you need to form a plan to get started.

With freelance writing this may be:

  • Figure outyour niche
  • Create samples
  • Connect with other freelance writers
  • Build your social media profiles
  • Pitch to job boards

Looks like a lot, but remember, you’re investing in yourself 🙂 Plus, I have a free course that goes through all those steps and more!

9. Give Yourself a Break

Remember, the path to your passion isn’t linear. There will be bumps and roadblocks during your journey. So give yourself a break. Sit back and re-asses what you are doing.

I hear many stories from my subscribers telling me they started out doing all the steps to take action, but then there was a family emergency or their husband lost their job.

They had to put their passion on the back burner for a while. That’s okay. It’s when you come back to it that increases your chances you’ll succeed!

Become a Writer

How to Invest In Yourself So You Can Make a Living Writing - Elna Cain (5)

Writing has always been your dream and now is the best time to turn that dream into a reality. Freelance writing will only get bigger online. More and more business will hire out their content writing for their blogs, email or lead generation content.

You can be that writer and get paid for your writing!

But, it all begins with the idea – invest in yourself!

Over to you – tell me what’s stopping you from investing in yourself?

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How to Invest In Yourself So You Can Make a Living Writing - Elna Cain (2024)

FAQs

How do I invest in myself as a writer? ›

  1. Reading craft books to broaden your understanding of the writing craft. ( ...
  2. Working with a book coach. ( ...
  3. Going to writing conferences. ( ...
  4. Working with a good developmental editor (investing time and money)
  5. Joining a writing community (investing time and sometimes money)

How do I become a self employed writer? ›

Table of Contents
  1. Choose your niche and strategy.
  2. Become a better writer.
  3. Establish an online presence.
  4. Get organized.
  5. Network.
  6. Build your writing portfolio.
  7. Start making money as a freelance writer.

How can I make a living writing? ›

10 Ways to Make a Living as a Writer
  1. Use writing job boards. ...
  2. Write articles for blogs and magazines. ...
  3. Make money writing books. ...
  4. Join an agency as a freelancer. ...
  5. Offer copywriting services. ...
  6. Create content as a ghostwriter for brands or individuals. ...
  7. Become a speechwriter. ...
  8. Develop video and podcast scripts.
Aug 29, 2022

How do I sell myself in writing? ›

Tips for selling yourself in a cover letter
  1. Quantify your accomplishments. ...
  2. Reference your career aspirations. ...
  3. Express your enthusiasm for the job. ...
  4. Limit your content to one page. ...
  5. Request feedback before submitting the application. ...
  6. Include your contact information.
Jun 30, 2023

How can I self-publish with no money? ›

Voilà, 8 Best Free Self-Publishing Sites to Know in 2024
  1. Amazon KDP. If you're familiar with the topic of self-publishing, then you know Amazon KDP is THE place to publish as an indie author or publisher. ...
  2. PublishDrive. ...
  3. Barnes & Noble Press. ...
  4. Apple Books. ...
  5. Google Play Books. ...
  6. IngramSpark. ...
  7. Kobo Writing Life. ...
  8. Dreame.
Jan 19, 2023

What type of freelance writing pays the most? ›

Healthcare and medical writing

The healthcare and medical sector is one of the highest-paying niches in freelance writing. Content in this niche requires skill sets similar to technical writing, as well as extensive knowledge of the healthcare industry.

Do I need an LLC as a freelance writer? ›

Do I have to form an LLC to freelance? No. You don't need to form an LLC to work as a freelancer, but keep in mind that operating as a sole proprietorship or general partnership means you're personally liable should anything happen. An LLC can prevent this by separating your personal assets from your business assets.

What is a self-employed writer called? ›

Freelance Author: Short Definition

Unlike in-house editors and writers, freelance authors often work for a variety of different contractors and clients.

Can I make $1000 a month freelance writing? ›

If you're serious about making a career change, there's no faster way to make money online than freelance writing. The best part is that if you do it right, you can blow past the $1K a month mark in no time. Freelance writing offers much, much greater earning potential.

How can I make $1000 fast? ›

How to make $1,000 fast
  1. Sell stuff you already own.
  2. Deliver food.
  3. Pick up a part-time job.
  4. Rent out unused space.
  5. Start freelance writing.
  6. Try affiliate marketing.
  7. Drive for a ridesharing service.
  8. Find odd jobs.
Jan 17, 2024

How do I turn my writing into a career? ›

10 Tips for starting a career as an author
  1. Study writing. Consider taking courses or attending writer's workshops to learn more about the craft of writing. ...
  2. Read a lot. ...
  3. Find your genre. ...
  4. Consider part-time work. ...
  5. Write as often as possible. ...
  6. Start small. ...
  7. Join a writing group. ...
  8. Find an agent.
Feb 16, 2023

Who will pay me to write? ›

Get Paid to Write: 23 Sites That Pay Freelancers $100+
  • Copyhackers.
  • The A.V. Club.
  • Bustle.
  • Sport Fishing Magazine.
  • The Escapist.
  • Freelance Mom.
  • Healthy Living.
  • Worthpoint.

What kind of writing makes money? ›

Make Money Writing as a Conversion-Focused Copywriter

Copywriting, in a nutshell, is writing that's designed to make readers take a specific action. Sales letters, video scripts, even product descriptions — these all need writing by someone, and they live or die on the results they produce.

How do I sell my writing? ›

Where to Sell Short Stories
  1. Amazon KDP. The Amazon KDP program is a great place for writers to put their short stories and get paid. ...
  2. The Threepenny Review. ...
  3. Poets & Writers. ...
  4. One Story. ...
  5. Clarkesworld Magazine. ...
  6. East of the Web. ...
  7. Flash Fiction Online.

How do you market yourself as a writer? ›

You want to be a successful writer. What are the most effective ways to market yourself?
  1. Define your niche.
  2. Create a portfolio.
  3. Network with other writers.
  4. Pitch to publications.
  5. Build an email list.
  6. Use social media.
  7. Here's what else to consider.
Mar 8, 2024

How do authors make passive income? ›

Freelance Writing: Content writing, blog posts, and articles for various clients. Online Courses: Creating and promoting online courses. Coaching: Providing one-on-one coaching. Digital Marketing: Utilizing social media platforms to promote writing services.

How can I start investing in myself? ›

In addition to investing in your financial future and health, investing in your professional development can bring meaning to your life.
  1. Pave the way with education. ...
  2. Gain experience. ...
  3. Hone your skills. ...
  4. Expand your network. ...
  5. Start a side gig. ...
  6. Aim for work-life balance. ...
  7. Obtain a certification. ...
  8. Find a mentor.
Feb 23, 2024

How do I market myself as a grant writer? ›

How do you market and promote your grant writing services and build your reputation and portfolio?
  1. Identify your niche and target market. ...
  2. Create a professional website and portfolio. ...
  3. Network and build relationships. ...
  4. Ask for referrals and testimonials. ...
  5. Showcase your expertise and value. ...
  6. Keep learning and improving.
Apr 4, 2023

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