Royalties to the Rescue: Make Your Writing a Long-Term Income Stream: Financial Freedom, #226

By Joshua King

As we look toward retirement, we will need multiple income streams to thrive without a full-time job.

 

We can use writing to create multiple streams of income without investing too much overhead into our business.

 

Becoming a writer is one of the best ways to start living as a digital nomad. Everyone should have a few books earning royalties on Amazon.

 

Creating unique content by meshing together multiple topics is the key to becoming a successful writer. I will teach you how inside. Good Luck!

 

• Language: English
• Publisher: Joshua King
• Release date: Feb 23, 2024
• ISBN: 9798224996995

Book preview

Table of Contents

MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF

Royalties to the Rescue

All Right Reserved Military Family Investing | 01  Royalties to the Rescue

02  Happy Cash Flow Retirement 10

03  FIRE Writer: Retire & Write

04  Passive Income from Creativity 106: Writing

05  Passive Income from Creativity 104: Video

06  Blogging vs. YouTube 1: Build the Right Mindset

07  Welcome to Writing

08  How to Write 1000+ Words Everyday

09  What is Your Dream Retirement?

10  Build Your Rep: Create Your Body of Work

Try Something New -Free PDF Download

Also By Joshua King

MILITARY FAMILY INVESTING

Joshua King

Home of the Free PDF

www.militaryfamilyinvesting.com

Royalties to the Rescue

Make Your Writing a Long-Term Income Stream

01  Royalties to the Rescue

02  Happy Cash Flow Retirement 10

03  FIRE Writer: Retire & Write

04  Passive Income from Creativity 106: Writing

05  Passive Income from Creativity 104: Video

06  Blogging vs. YouTube 1: Build the Right Mindset

07  Welcome to Writing

08  How to Write 1000+ Words Everyday

09  What is Your Dream Retirement?

10  Build Your Rep: Create Your Body of Work

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PDF of the Month: Don’t Gamble with Retirement 11 (Free 410-Page PDF)

Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it.  I have no business relationship with any company whose stock is mentioned in this article.

All Right Reserved Military Family Investing

01  Royalties to the Rescue

We will all need multiple income streams throughout our Happy Cash Flow Retirement. The days off depending solely on social security or a pension are long gone.

Luckily, the internet allows us to create income from thin air, but it won’t be easy. Everyone and everything is competing for the same eyeballs.

Therefore, to create an income stream as a writer, we must stand out with our voice, passion, and (most importantly) consistency.

The True Value of Owning a Home

Why writing, why now? Each creative discipline has its own trajectory that you should try to comprehend. The more you understand how the cash flow works, the better you can choose how to spend your time.

Writing and music have a long tail. You put in long hours for years before the general public will notice. However, they will want to plunge deeper into your back catalog once they find you.

YouTube is much more fast-paced. If you put in the work upfront, you can gain a massive following in a few years. However, you will always depend on the YouTube algorithm to put you in front of consumers.

The shelf-life of YouTubers seems to be around ten years before they burn out completely. YouTube will penalize you for making content that is not on-brand, meaning you have to follow a strict pattern for those years.

Turn a Reverse Mortgage into an Income-Investing Portfolio

Chances are you will make more money on YouTube over ten years than you will over a lifetime of writing. However, don’t be fooled; YouTube will become a full-time job.

Becoming a writer allows you to build your own blog, create a newsletter, write about whatever you want, release books for Amazon, and help other writers, bloggers, and content creators. In short, writing is a leap into a whole new world that you can curate to your lifestyle.

Separating yourself from other writers. Writing is the grind. Do not enter this profession if you think it will be easy or people will hand you freebies.

Writing is so difficult because anyone can wake up and start writing. It doesn’t take much overhead—just a computer and internet connection.

The way to stand out from writing is to write every day. Anyone can