Short stories...good money? Or just for the love of it?

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Jamesaritchie

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James, you are absolutely correct. I oft cite a market where I sold a piece in 1988 that pays the same today despite inflation. It is a problem that we as writers must deal with and minimum wage is indeed a heck of a lot more.

By the way, welcome back! Your sage advice and insights have been missed while you were away.

Thanks. I haven't been gone as much as I just haven't posted. I've had the two busiest years of my life back to back, and it's only now slowing down a bit. Last year I came into my first two grandchildren, and who knew that would also eat up so much of my time?

I'm also procrastinating a bit. I just finsihed a novel in longhand, and while I do a second draft while entering it into the computer, so it really isn't transcribing, but I've been putting off the process for a couple of weeks now.
 

Jamesaritchie

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Just for a point of reference, it's possible to live on less; our son has been managing on about $14,000 a year for well over a year now, our daughter on $18,000. Of course, they're young, reasonably healthy, and willing to live simply. I'm sure it would get real old within a few years, or if you had to support anyone else.

Maryn, whose kids don't like to ask for anything except advice

Yes, you're right. I've forgotten what it was like to be very young, single, and healthy. I still have one kid with a looming college education. He starts next fall, and while he'll get tution at half price because its in state, it's still going to cost $17,500, and that, of course, doesn't include books and all the other expenses that go with college.

Now that I think about it, my middle son lived for about two years on minimum wage. He was always broke, and any minor disaster was hard to deal with, but he managed to survive.

He now has a wife, a child, car payments, a mortgage, etc., and is usually broke on $35,000 per year.

It probably depends on where you live. I have a young relative trying to make it in New York City right now, and his rent is close to 14K per year. He isn't getting much for that rent, either. Just a two room apartment with an alcove kitchen.
 

Robert E. Keller

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I don't think it's Bracken or Resnick. I remember specifically that this guy had sold around 800 stories and was good at making money off his short fiction. I did some searching, but I didn't turn anything up. I believe I found the link to his website right here on these forums somewhere.
 

Unimportant

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James Patrick Kelly? Harlan Ellison?
 

Robert E. Keller

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James Patrick Kelly? Harlan Ellison?

No. I don't remember his name, but I'm sure it wasn't either of those guys. I looked for the post with the link (mainly for the sake of my own curiosity) but I couldn't find it. I do remember that someone was trying to make the point that you can make a living off short fiction, and they posted the link to his website. I'm not entirely sure it wasn't on another forum, but I'd rather spend time with my latest unfinished fantasy story and my urban fantasy novel than search all over the internet. ;)
 

MumblingSage

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It has been interesting. One angle I didn't touch on the complicates the problem is that minimum wage is almost three times what it was when I first started writing, and you have to earn a heck of a lot more money now just to survive, but magazine pay rates really haven't increased at all in thirty years.

Even with minimum wage at $7.25, you'd have to live like a monk, and almost certainly be on food stamps, to survive with such little income.

I'm out of touch on the numbers, but I think average income now is somewhere around $32,000, and I'm not sure it's really possible to survive all on your own, with no help from the government, parents, or someone, with less than $20,000 or so.

It's tough enough earning this kind of money from novels, articles, etc., especially after an agent takes 15%, and Social Security takes another 15%, and then this tax and that tax eats even more. I'm lucky if I can keep half of what I earn, and this makes it all that much tougher.

I read somewhere that the last writer to actually earn a real living, meaning meeting at least average income, strictly from writing short stories was Paul Darcy Boles, a writer most have never heard of. Ray Bradbury wasn't counted, but only because he's made so much money from screenplays, TV scripts, etc.

It's just hard enough earning a living right now, no matter what you do, let alone from writing short stories.

Pretty much what I was about to step in and say. A number I heard quoted once was $7.50 an hour to support yourself, alone. Assuming a 40-hour week, that's $300 a week, which could theoretically be earned if you wrote a pro-level short story every week, and managed to sell it within a certain time...but if it takes a story a while to find the right market, you could come up short on bills quite a lot. I'll stick with my boring, stable job right now, thanks.

That said, I've earned more money than I imagined with short stories--even $10 sales to token-paying markets do add up--and it helps pay for textbooks, if not my college education. :/ That's where my boring, stable job comes in.
 
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