A Career in Financial Writing can bring in Fast Cash
Consumers are starting to create their own jobs
Unemployed consumers are looking for fast cash these days, and the recession is not making it easy. For a lot of people, the job search has gotten tiresome. They have spent months looking for a job only to come up short. A new study done by the Employment Securities Organization is showing that more consumers than ever are looking to find their own opportunities in today’s unreliable market. That means the number of freelancers is growing quickly. Websites like iFreelance.com and ELance.com are both taking in record numbers of subscribers.
One job that has come up for review is the Finance Writer job. A Finance Writer is a person who “creates educational content and/or market commentary for either print and/or web publications.” Commentary pieces are particularly fun for writers because they allow the creator to throw in their personal opinion on recent business news or financial happenings.
Freelance Financial Writers
There are some companies that formerly used in-house writers, but the majority quickly cut that position off payroll when the economy started to falter. Now, as the job market is just showing nascent signs of recovery, businesses are still quick to freelance and outsource work rather than create permanent positions. The easy thing about the job is that there are no set-in-stone rules to follow to qualify for it. Most Financial Writers have a 4-year college degree and have either a major in finance, economics, or journalism. In most cases, a Master’s degree is unnecessary. However, writers with higher education can command larger pay.
Financial Writers today
When studying the Financial Writers today, many have experience in the securities industry. Most likely, a good Financial Writer will have prior experience in institutional stock brokering, financial analysis, or portfolio management. This background is prevalent because normally Financial Writers come to their professions via networking in the market. In addition, normally any writer can write faster and more efficiently if they can draw from personal experiences in the topic they are writing about.
For anyone looking to becoming a Financial Writer for fast cash, there is a common list of skill sets, too. A qualified person will be able to generate clear and coherent pieces that pose poignant and provocative questions. It also requires that he or she can translate complex financial topics into layman’s terms. There are other characteristics of a successful Financial Writer, like he or she must have a writing style that attracts a readership, contains industry quotations from qualified educators, and is able to construct pieces anywhere from 500 to 2,000 words in length.
Taking on Financial Writing as a career
Ideally, anyone wanting to be a Financial Writer should focus on learning real-life lessons in the securities and investing industries. Carrying that experience over to writing can be highly effective. It’s wise to look into journalism or business as a major to have the foundation of technical terms and complex business maneuverings of finances. Fast cash is available as a Financial Writer, but not without the proper credentials. Whether or not it is a formal education or real-life understanding, experience is key to having a successful career in this field.