This is a monthly newsletter. On this first Tuesday of every month I discuss what’s been going on and what’s to come. You can find previous news (and everything else) in the Archive.
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This month
I often live in more than one country, and I certainly do business internationally. Even living back in the U.S., we continue to pay our daughter’s violin tutor monthly. And when we travel to Germany or Italy to visit family, it’s nice to have a way to purchase locally in Euros without huge exchange fees. And when friends came to visit and we lent them a hand with tickets to one thing or another, they could easily transfer us the money from their European bank without having to make an expensive and slow international wire transfer. In fact, transfers usually take seconds or minutes. Wise Bank has been very useful for receiving and sending funds from the U.S. to Europe. But MOST IMPORTANTLY, when I sell something in Europe, I have a de facto European bank account to receive funds.
I’m not telling you to use them (no affiliate links here), but if you decide to sign up with Wise Bank (and use this link), you can make your first deposit transfer of up to about US$600 fee-free. If you’ve never heard of Wise, here are some reasons why it might be a useful bank for you.
Benefits of Using Wise Online Banking for Indie Writers
As an indie writer, you know that managing your finances can be a challenge. You have to keep track of your income and expenses, pay your taxes, and make sure you have enough money to cover your living expenses. It can be a lot to handle, especially if you're not a financial expert.
That's where Wise online banking comes in. Wise is a global online banking service that makes it easy for indie writers to manage their finances. With Wise, you can:
Send and receive money internationally. If you're an indie writer who sells your books in multiple countries, Wise can help you save money on international payments. Wise offers low fees and competitive exchange rates, so you can get more of your hard-earned money.
Get a multi-currency account. With a Wise multi-currency account, you can hold money in multiple currencies at the same time. This can be helpful if you're writing books for a global audience and need to be able to accept payments in different currencies.
Get a debit card. Wise offers a debit card that can be used to make purchases in any currency. This can be a lifesaver if you're traveling or living abroad.
Manage your finances online. With Wise, you can manage your finances online 24/7. You can check your balance, transfer money, and pay bills all from the comfort of your own home.
The is no better way to help Storyslinger than sharing this post to everyone you know (or just everyone, even if you don’t know them). Whether you liked it or not is immaterial (okay, disclaimer: I actually care about whether you liked it, so drop a comment if you have some feelings)—but, anyway, share it because, who knows, somebody else might like it (too...instead)?
Overall, Wise is a great online banking service for indie writers. It's easy to use, affordable, and offers a variety of features that can help you save money and manage your finances more effectively.
Here are some additional benefits of using Wise online banking for indie writers:
Security. Wise is a secure online banking service that uses the latest security technologies to protect your personal and financial information.
Transparency. Wise is a transparent online banking service that provides clear information about its fees and exchange rates.
Customer support. Wise offers 24/7 customer support to help you with any questions or problems you may have.
If you're an indie writer who is looking for an easy, affordable, and secure way to manage your finances internationally, then Wise is a great option. Sign up today.
Next month
As we move into the holiday season, my focus gets pulled in a bunch of directions that aren’t writing. But sometimes, if I play my cards right, I do get some time for reading. Reading is super important for me. I read on both Amazon’s Kindle platform as well as Kobo. As I battle with the desire to remove myself from all things Amazon, I’m slowly exploring other options. Kobo seems to be a good one. Time will tell.
Another service I find myself using is BookBub. My relationship with BookBub started as a way to distribute my books. But they also have a great library of book, many of which are free. BookBub is part of the reason I’m in the middle of six books at the moment. They simply keep recommending great books!
However you read your books, I hope you get the time this holiday season to read some. And if you’re feeling generous, please consider one of my books as either something to read yourself or as a gift for another reader in your life.
Okay, so there is something better than sharing (despite what your mother taught you), and that's paying for something that gives you value. Like Smokey Bear said, "Only you can prevent artists from starving!" or something like that. If you aren’t a subscriber—do that now! But then (and also if you’re already a free subscriber), consider upgrading. A paid subscription literally costs only 0.17¢ per day (0.14¢ if you opt for the annual subscription) and there are some extra goodies included. And that tiny sum keeps me in the black with this effort and enables me to write stuff for you to read. So, honestly, why be just a freebie? Click below!