When an online writer starts out, they must find a balance between paying the bills now, and planning for the future. Writing for private clients, or content providers like Demand Studios, or Textbrokers, provides cash NOW. Writing search engine optimized articles, with well-researched keywords, for residual sites like Suite101 or eHow, provides revenue for the future.
Starting Out
When you first start out, start with a budget. Figure out exactly how much money you have to make in order to meet your goals every month, and write as much for your up-front clients as you have to in order to meet those goals. With the time you have left, research and write your residual articles. As your residual income grows, you will find that you can lower the number of up-front articles you have to write, to meet your goals.
Making Progress
When you reduce the number of up-front articles you are writing, use the additional time to write more residual income articles. The more articles you have up, the more residual income you will make. If you continue with this cycle long enough, you will make enough money on your residual income articles to reduce your up-front writing to a minimal amount.
Words of Warning
Stick to your budget. If you spend more money just because your income has gone up, you will never catch up financially. Keep your spending the same, and you will be able to work less with the residual income from your writing.
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