Posts Tagged ‘spending too much’
Ups and downs: the rollercoaster of freelance journalism
I would not advise anyone, currently, to consider going into journalism. It has been a tumultuous time for the industry. Over the past couple of weeks, job cuts have been announced at VICE, Quartz, Conde Nast, The Atlantic, Buzzfeed, Vox Media, LA Times, The Economist, among others.
The printed word, as a business, is in a very precarious position as ad spend, the events arm, and other money-making parts of this industry, have been decimated owing to effects from covid-19.
Yet, more than ever before, people are reading and clicking through. Many media titles have reported increases in traffic. Social media platforms such as Facebook and Twitter reap benefits from the content created by news media, making their platforms go-to places for potential sources of information, yet the media do not reap the financial rewards. Facebook and Google suck up the vast majority of worldwide ad spend (in the billions of dollars), while journalism — which plays an important civic role, especially local newspapers — continues its downward trend.
On a personal level, as a freelancer, my fortunes have rollercoastered. If my finances remain fairly stable (although still low) the feeling of freelancing in this current predicament has been fraught and stressful.
Some days, I feel despondent at the entire process of coming up with ideas, researching, crafting a well-written and precise pitch, waiting for editor replies (some of which never come). It is a lot of investment, plus mental labour, for relatively little return. And yet, job cuts and furloughs are not confined to the journalism industry. Whole swathes of the economy are in trouble. Airlines, hotels, restaurants, theatres, retailers, are just a few examples of businesses facing a black hole. Tourism and all the people who rely on it are facing existential crisis.
To be a freelancer, at this time, is to feel simultaneously insecure, and yet, in some way, also stable and liberated. Because I am still working and able to work, as long as I continue toiling and pitching to those editors still with the budget to commission and pay. I am somewhat protected. So maybe do try going into freelance journalism — just know that you’ll likely be competing with the hundreds of journalists who have just been laid off.
And it is remarkable how just one commission, with a new publication, and on a subject close to my heart, can energise and renew my faith in this lark. Freelance journalism is mostly dining on greased up junk food, paying out little nutritional value, but occasionally you get to savour a gloriously fulfilling meal with plenty of vegetables (you’re not an adult if you don’t like vegetables).

View from the rooftop of my hostel in Fukuoka.
But my finances remain on the edge. I realise now, in hindsight, I committed a couple of cardinal errors in the first three months of this year. In February I was in Thailand and I spent too much money, and earned far too little. I should have been more prudent. Now, in Japan, I am enduring on break-even income, budgeting hard, and working hard. I guess mistakes are made, and lessons will be learned. Had the pandemic not have occurred, I would have been in a cheaper country by now, yet having to remain in one place for so long (I have been living in the same hostel since March 13) has done wonders for my productivity and output.
So I will continue toiling until such time something changes.
My writing lifeĀ
I have been interviewing many people this week for a story I’ve been working on. It’s a feature about British Chinese, a minority group to which I belong. In October 2013, the New Statesman published this story: ‘Where exactly are my British Chinese role models?‘ To this day, it remains the article from which I have received the most email. Although I remain somewhat cynical about journalism, sometimes it really does have an effect on people, and the emails I received from that story are evidence. Hopefully, this new article will have a similar effect.
Recent bylines:
BBC Worklife — Life after lockdown: How China went back to work