Check this extract:
Authors do love to moan, don't they? There's no heavy lifting or wiping other people's bottoms for a living; it's just sitting there going tap-tippety-tap all day, complaining about how little you're being paid, isn't it? And yet... new research just published shows they (we, to be honest) may have something really worth moaning about. Something shocking is happening in the world of publishing that means we could end up with very few books at all except the ghost-written memoirs of airhead footballers and models.
The average author earns about £16,000, a third less than the national average wage, it is revealed. So what? They're doing what they love. But hidden behind that figure released by the Authors' Licensing and Collecting Society (ALCS) is a grimmer truth: when you take away the superstars who are earning shedloads, the actual figure for the rest is closer to £4,000.
That's less than it was last time anyone looked, seven years ago, and far less than the distant days when the Net Book Agreement kept prices high. Forget living on baked beans in a garrett; this is barely enough to buy stale bread and a tarpaulin for shelter.
And it is only for the lucky ones: fewer authors are being signed up unless they're famous, advances are shrinking, and those who sell only moderately well are dropped, ending careers early.You can check out the whole article here. Sigh ...
But hey - we always said no one should write simply in order to make money.
Write because you have a story that has to be told.
Write because you simply can't imagine life without a creative outlet.
Write because it's a compulsion.
Write because you love to do it.
Whatever the reason - enjoy! And maybe look at alternatives to traditional publishing?
(Thanks to Steve for drawing my attention to this article. Now get your own bloody blog!)