Tag: Money pit

Writing is my hobby. I have a full-time job, so there is no need for me to make a living on my writing. Since I do it mostly for fun, I’m not too concerned about making money. Most importantly, for tax purposes, writing is my hobby. Sure, I try to run it like a business by keeping track of expenses and sales, but overall I’m not doing much more than breaking even. This is fine. After all, a hobby is usually considered a “money pit” where you don’t expect to get a return on investment other than the pure enjoyment it brings you (think about other hobbies like restoring cars, reading books, or gardening as examples). A few years ago, I received a review request from someone who had written a book. They were self-publishing and admitted that they were currently homeless and that this book (that they had taken over a decade to write) was their only ticket out of...