The Money with Katie Show

'Rich Girl Nation' AMA: Answering Your Burning Questions About My First Book

11 snips
Jun 11, 2025
Dive into a captivating Q&A session about the ins and outs of writing a book. Discover the financial dynamics behind publishing, including advances and royalties. Learn about the creative process, from finding an agent to grappling with AI's impact on writing. Explore personal finance through a feminist lens and how it shapes community connections. Enjoy light-hearted discussions on marriage, wedding planning, and the importance of financial transparency in relationships. Plus, get a sneak peek of the audiobook!
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INSIGHT

How Book Advances Work

  • A book advance is paid upfront and must be earned out by selling enough copies before additional royalties are made.
  • Publishers rely on few successful titles covering losses from many lower-selling books.
ADVICE

Find Agents via Comparable Books

  • When seeking a literary agent, research similar books' acknowledgments to find agents interested in your book's genre.
  • Contact these agents and offer a clear, strategic book proposal.
ADVICE

Schedule Full Writing Days

  • Dedicate full days to writing and editing rather than fitting it into small time pockets.
  • Blocking out a regular weekly day improves focus and progress for book writing.
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