Thou Shalt Remain Solvent

One of the basic commandments that a freelancer must obey is, Thou Shalt Remain Solvent. This commandment does not preclude getting into debt, but it does preclude a state of insolvency that destroys the freelancer’s ability to function. A writer is no better on a given day than his state of mind permits him to be, and if he allows himself to reach a point where, like an athlete in a slump who isn’t producing, he starts to press and even question his ability, then he falls victim to his insolvency. And the awful consequence of this insolvency is that he must get a paying job, God forbid, and turn in his free-lance medallion.