“I’ve never been a millionaire, but I know I’d be darling at it.”
One question I’ve gotten lately is how much money a writer can make by writing romance novels.
“It depends” is not a satisfactory answer, but it’s the most honest one. How often you write, what type of romance you write, and let’s not forget how well you write. All these factors influence how much money you can earn.
Honestly, I’m not the person to ask. If you want specific numbers, Courtney Milan wrote a post comparing a royalty statement for a traditionally published novella and a self-published one. Cara McKenna described the years it took her to earn as much by writing as she had at her last full-time (non-writing) job.
Brenda Hiatt has a section on her website titled Show Me the Money, where she breaks down how much writers make on average from independently publishing and from various traditional publishers, including the different lines that Harlequin puts out. That’s a good starting place to get an idea of how much money you might make. Mind you, that’s before the IRS taps you on your shoulder and requests up to half of it.
Don’t write a romance novel because you want to make quick money. Nor if you don’t enjoy reading them in the first place. Writing is a lot of work. If you don’t like romance novels, or you don’t like writing, you’re not going to make enough money to justify the time you spend writing the novel.