Someone asked me how much money I've personally spent on publishing my books.
Here's the financial breakdown for each.
It would have been less if I hired a team that knew what the heck they were doing. For example; the artist I hired from the junior college up the street was a great artist and I fell in love with the book covers he created. I mean, I love my book covers. The only idea I gave him, was I wanted doodles on a spiral notebook like we had in H.S. and he came up with these amazing covers. I cried when I saw them. Now, for the bad. My brilliant student artist didn't create the covers using the correct format and the covers were rejected. So I had to hire another skilled graphic artist who was familiar with formatting to correct the original covers so they would upload.
My editor: I hired another kid who was the editor of a small town newspaper in Texas to edit my first two books. He was awful but I didn't know he was awful until I got my first review which complained about comma splices. I fired him immediately. I didn't check behind the editor because he's the editor and I figured he knew more than I did. Lesson learned. Didn't get my money back either.
So, I made some financial blunders that cost me. But here's the breakdown so anyone new to the scene will have an idea.
Book cover: $100
Corrected PDF book cover format:$50
Editing first two books: $750.00
Formatting fees: $200
Copyright fees: $35
Createspace pro plan fee: $39
If I did't pay for editing the cost per book would come to $424.00 which means if I'm only getting roughly $1.80 in profit; I would have to sell 235 copies of each book to break even. Some non-writers think I'm crazy, because it doesn't make financial sense. But that's the price of my dream and I don't regret it at all.
If anyone wants to share their calculations I'd be interested in knowing so just leave a comment.