Get Rich Quick? Honestly, How Much Does a Children’s Book Author Make?

Becoming a children's book author can be a great way to share your love of storytelling with young readers.

But how much money can you expect to make as a children's book author? The answer is, it depends...

For self-published authors, the amount of money you make will depend on how many copies of your book you sell and at what retail price.

For traditional publishers, the amount of money you make will depend on the advance they give you and the royalties you earn from book sales.

First-time children's book authors can expect to make less money than established authors, but with hard work and dedication, it is possible to make a living wage.

It is important to note that the Bureau of Labor Statistics does not have data specifically for children's book authors, so it is difficult to give an average salary. However, many full-time children's book authors make enough money to support themselves and their family members.

Jeff Kinney, the author of the "Diary of a Wimpy Kid" series, is a great example of a successful children's book author.

Let's break down what he makes, but understand his hit book series also became a series of movies...

Jeff Kinney's net worth is $70 Million and he is making about $23 Million Per Year.

Don't forget the level we are talking about here .. he has sold over 150 million books and a series of movies based on the hit books!

Which puts him the ranks of other successful children's' book authors, like J.K. Rowling, who are the exception, not the rule.

Now what if you were to create a book that sells as much as one of his "Wimpy" books as a self-published author selling your book via Amazon KDP?

While his book sells really well, as you can see based on the BSR, or Amazon's Best Seller Ranking, in the image below.

But this is not the best way to go about getting a realistic view of how much a self-published author can make...

Because you wouldn't be able to create, publish and sell a book with this many pages via KDP, not at the price point of $9.48.

Check out the numbers if you tried to sell this same size book as an independent publisher via Amazon KDP.

The numbers just don't stack up in your favor, as you'd need to charge at least $35.30 to sell it at breakeven with the cost of printing via Amazon KDP.

I bring this up so you understand the difference not just in traditional vs self-publishing when it comes to printing costs, but the difference in the opportunities available to start off with different kinds of children's book to make money as a children's' book author.

Starting small with self-publishing different kinds of children's books can be a great way to build a brand and gain name recognition as a children's book author.

Self-publishing allows for creative control and the ability to reach a wider audience, while also providing a platform to test the waters and see what resonates with readers.

It is also an opportunity to learn from the experience of publishing your own book, and to improve your craft.

Additionally, self-publishing can provide an opportunity to earn money from book sales and build a track record of successful books.

This can then be used as leverage to attract the attention of traditional publishers and negotiate better deals in the future.

However, it is important to note that self-publishing can also require significant investment in terms of time, money, and resources.

Having a clear plan and a budget in mind for things like illustrations for your interior and your cover can help mitigate these costs, and set you on the path to making real money as a children's book author.