02 May 20 Ways To Save For An Editor
If you’re on a budget here are twenty quick tips to help you save up so you can invest in having your manuscript professionally edited.
- Begin saving early on. Don’t wait until you’ve finished your manuscript and then realise how much everything costs – you may have to pay for a book editor, cover designer, formatting, copywriting, marketing strategist, and other services. If you’ve already finished then focus on saving up from now on, after all, what’s the rush to publish now? You could work on marketing while you save up and then you’ll be able to publish a quality book to a primed audience.
- Write a list of every single action you need to happen before you can call yourself a published author. Decide what you can do yourself, what you might be able to learn to do, what you’ll need to pay for, and perhaps what you can skill swap for free.
- Start saving one coin in a jar – choose a £1, 50p, whatever you feel like choosing and then anytime you have that coin in your purse or wallet, drop it in your sealed jar.
- Write down a list of the other fun things you really want to do this year – trips, festivals, concerts, etc. and try to stick to this list. Can you do these on a smaller budget, are there are discounts/promo codes you could use, perhaps a 241 and go with a friend, have you got airmiles to pay for flights instead of cash. Also if something else does comes up that is tempting, really consider whether you can afford it as well as investing in your book. What is a priority to you?
- Use sites like topcashback whenever you’re making online purchase. Nearly every time you spend, you can get something back so leave it in the account and let it grow until you need it and you just transfer it into your bank account.
- Sign up to Martin Lewis – he has tons of great advice on saving in every aspect of your life, home, career.
- Check your credit score – you might be able to adjust a few things to improve this which is not only great for other areas but you might be able to apply for a 0% interest loan and spread the cost. Again, the Martin Lewis website has a sign up which allows you to do this for free.
- Print out your bank statements – highlight bills and essentials in one colour, nonessentials in another colour and really be honest with yourself about your spending habits. See where you can cut back or you could even give yourself a weekly or monthly limit and cap it so you have some left over. Some authors I’ve spoken to lift a specific amount of cash on a Monday and limit themselves to only spending that each week.
- Sell some of your belongings you don’t need or use anymore. There are loads of sites like eBay, Depop, Gumtree.
- Set up a savings account just for your author business. Transferring money into a seperate account means you’re less likely to spend it on other things and also makes it feel far more official and exciting that you are actively doing something towards becoming an author.
- Unsubscribe to emails that tempt you to buy things. I’ve cleared mine out and it’s great not having forty new emails a day from various companies trying to tempt me with products and services.
- Could you skills swap some services with friends or people in your local community instead of paying for things? Perhaps, you could teach a language or class in exchange for a designer creating your book cover. Also, do you have a skill you could sell? There are sites such as Udemy where you could publish a short course offering your skill and start earning.
- Take up a temporary part-time job or make an appointment with your boss and negotiate why you deserve a pay rise. Lots of tips on career websites on doing either of these.
- Pick up loyalty cards for every business you use that has one. You can often get free things! On the other hand, do you really need to buy a Starbucks coffee or could you make your own at home?
- Airbnb your spare room – even a tent in your garden could work if it’s in a cool area or near a tourist attraction. Fairy lights make everything look better!
- Go to writing workshops, classes, courses and soak up as much information as possible. You might learn a few skills so you can save on outsourcing but you’ll also gain some valuable information from authors who may have more experience than you.
- Join writing groups on social media and ask for recommendations on which are the best and most cost-effective ways to do everything. You might discover some things can be done yourself or cheaper, you could be given discount codes, someone might kindly put you on their guestlist for a great event, or you could find a connection who might be willing to skill swap or is looking to build their skills/portfolio and will do something for free or at a reduced rate.
- Cancel subscriptions you haven’t used recently. Could you exercise at home or with a friend instead of an expensive gym membership? can you survive without Netflix for a while? Same with food delivery services and expensive supermarket items. It’s only temporary until you’ve saved up enough for your author career but remember it’s an investment in yourself and your book.
- Check out sites like PeoplePerHour, Fiverr, Upwork. You may be able to offer some services and earn money but you can also hire people to create for you at reasonable rates. I would recommend looking at the reviews and going for the ones who have excellent ones but are also happy to answer questions.
- Do some serious self-editing first before you get a quote from a professional editor. The more editing they need to do, often the higher the fee. I tend to recommend an author goes back and does some self-editing if I don’t feel a manuscript is ready for developmental editing and proofreading just yet. Some editors will just add on additional fees if the writing needs heavier editing. Request some fellow writers swap manuscripts and beta read for one another. Use tools like Grammarly and Hemingway to check for errors. Leave your book for a few weeks and read it with fresh eyes. Read it out loud of use Word’s Read Aloud tool. Print it out and use a pen to make notes.
Hopefully, you’re able to save using some of the tips above. If you have any others, do let me know and I’ll add them. Also, I offer instalment plans so you can spread the cost. For more info on this, book a consultation. For a quote, I just need your total word count and 1-3 sample chapters.