Small Payouts Ahead

My income from writing remains small, but is coming in slowly but surely. Most of it is produced by my Buildipedia articles. I have a twice per month column on construction administration. Here’s a link to my profile, which includes links to articles. I earn $100 for each of these articles. Payment comes about three weeks after the article appears, by check. I have a contract for one more of these, but the contracts have been coming in like clockwork, and my articles going out. My accounts receivable right now is, I think, $200 for two of them.

My Amazon income is slow. For my four titles on Amazon Kindle, along with the print version of Documenting America, I’ve made just over $56. More than half of that has come from personally selling print books. Amazon pays out once you accumulate $10 in royalties, during the second month after you get there. I had done so in December, and in February I had my first Amazon payout, $10.97 by direct transfer to my bank account. If my current calculations are correct, I’ve since accrued $10.44 in Kindle royalties. That means I can expect another transfer in June. A small account receivable.

Over at Suite101.com, despite the hard times they have experienced due to changes in Google’s search algorithms, and despite the fact I haven’t added any articles there since February 2011, I continue to ear some money. Revenues were really low the second half of 2011 and January 2012. They began to pick up some in February, and have remained up. The payout threshold at Suite is only $5.00. Through April 28 I had earned $5.17 in royalties in April (having made payout in February and March. Payment from Suite comes via PayPal, always before the 15th of the month after you hit payout and usually the first Tuesday of the month. Since the first Tuesday of May is the 1st, I don’t expect payment till the 8th.

All of which I’m sure has some readers laughing, that I would bother to track and worry about these minor income streams. I need to for tax purposes, of course. Someday I hope they will be bigger, much bigger in the case of Amazon. Learning to track them now and properly account for them should help in the future, when [dream alert!] I’ll be raking in the dough from several sources.

One thought on “Small Payouts Ahead”

  1. Hang in there! From what I’ve gathered thus far about “successful” writers (success by however you define it anyway), it takes time to “get there.” You’re on your way!

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