E and O, kids!
The past few months — probably like many of yours as well — have been an emotional and financial roller-coaster:
– a new-to-me client decided my story was unacceptable. I lost $1,300 of the income agreed to and expected.
– another new-to-me client assigned an on-line slide-show that sounded easy-peasy, even though I’ve never done one. Hardly. Learning how to work quickly and efficiently for web clients is a learning curve.
– I’m on my third New York-based assistant since May and she’s getting busier with competing projects. Bright, ambitious people, (bless them!), move up quickly. My Toronto-based assistant is good, but really busy and costs $3/hour more.
– I decided to up my speed while walking to burn more calories, (the endless weight loss drama), and woke up crying in pain at 4:00 a.m. I’m fine, but it meant a week of zero exercise while my new hip calmed down again.
– My gynecologist put me on the scale and I hadn’t lost an ounce since my GP told me to shed lots o’ pounds few months ago. I’m torn between frustration/anger and fuckitIdon’tcarenanymore resignation. I loathe dieting and am so scared to injure myself by pushing my new hip too hard, with another five months before it’s 100% healed.
– I’m applying for a competitive annual journalism fellowship again, fearful I won’t even make the finals. But you can’t win what you don’t try.
– I decided against applying for a local award that required a $100 entry fee. Sure, I’d like that line on my resume, and I had a great story worth entering. But $100?
– I’m really getting fed up with the old-school thinking in my industry. Several of these awards and fellowships refuse to accept book chapters in lieu of printed clips from magazines or newspapers clips. Few freelance journalists can afford to write much for print anymore. We’ve had to migrate to writing for the web to make steady, ready cash.
– My toughest challenge? Guessing when, how often and how hard to push, whether for payment, a sale, higher rates. For every editor who says, gratefully “I’m so glad you reached out. I’ve been too busy but I’ll get back to you next week” another snarls “We’re closing three editions at once.” With 90% of our interactions by email, not phone, establishing any sort of a more personal, collegial relationship sometimes feels impossible.
Push too hard, lose a client. Play doormat, go broke.
– Late payments make me insane. I have a five-figure line of credit, at a usurious APR, which I try to avoid using. So I try to schedule my workflow and payments to insure that every single month, enough checks arrive, (they’re almost always on an out-of-state bank) in time for me to pay my bills promptly. One check arrived recently almost seven weeks after invoice. None of my creditors will wait, but I’m expected to.
– Balancing my short-term, medium-term and long-term goals often feels unmanageable. On any given day, I’m juggling all three: make money, line up more work, apply for awards and fellowships with hard deadlines, manage two assistants, squeeze in a personal, social and athletic life, keep a home that’s clean, tidy and attractive, keep my marriage happy, nurture professional and personal relationships. Oh, yeah and lose a ton of weight.
– Promoting my book to keep it visible and selling. Between October 24 and January 24, I’ve got five speaking engagements, one in a distant state. Every day I spend a few hours trying to think of other venues for this, preferably ones that pay. I was so o and e I managed to fill out and return the wrong contract to one group. Boy, that looked professional!
– Still, a year later, trying to finish the proposal for (what I hope will become) my third book.
– Trying to figure out when and how to re-balance our investments so we might actually, one day, be able to get off this hamster wheel and afford to retire.
– Reading newspapers, magazines and on-line to know what’s happening in the world and what markets I want to sell to as a writer have already published.
– Another freelance friend, 10 years younger, tells me she’s putting away $20,000 to $30,000 a year for retirement. How is this possible? Our expenses are cut to the bone as it is and we have no kids, while she has two.
– Trying to re-sell “Malled” to a Hollywood agent to snag a film and/or television deal. My agent is handling that, but I need to keep on top of her activities.
– Coming up with ideas for stories (see: cashflow.)
– Refining and developing every idea into something salable, with emails and phone calls to make sure that sources are on-board, available and interested (all unpaid time), before I make the pitch.
– Planning (hah!) a long foreign vacation for 2013. Hoping to hike the Grand Canyon with my Dad in May, then Europe with my husband in June. The money for this will come from….? Freelancers get no paid vacations, so every non-working hour has to be earned/saved in advance.
So, I’m fleeing!
I’m heading back up to Canada next week for 10 days alone in the desperate hope of some true relaxation. I’ll house-sit for my Dad (off sailing [sigh] with my two younger brothers in Turkey.) I’ll go biking. I’ll head into Toronto to see dear old friends and enjoy a few good meals.
How’s your life these days?
Are you equally E and O?
Can you offer any coping tips?