Author ("Suffer the Children," "Black Creek Crossing")
Fame & Fortune Q&A:
Bankrate: What advice would you give young writers about money?
John Saul: Make damn sure that you know when the next check is coming and that it is coming, and don't spend the tax money. I know one author who spent the tax money on the assumption that he was going to have another best-seller and when he didn't, the IRS came and took everything away from him one day. You have to be able to plan well and understand that the checks don't come in regularly once a month and you don't always know what size they're going to be. You certainly get to a point, if you've had the level of success I've had, where you have a pretty good idea what the base is going to be every year.