You're welcome @coloured-content. I wrote on that topic a little a few months ago. Here's a link to the first post - https://steemit.com/writers/@ericvancewalton/balancing-the-books-a-financial-plan-for-the-indie-author-part-1-of-2

Honestly, it's been really tough for me to make a living and thrive. It's taken so much trial and error to get this close. How I've done it is to get really creative about all the different ways I can profit off one particular aspect of my craft.

In other words, generating multiple income streams from the same source. For example, I make Steem off my poetry here but I also sell it in poetry chapbook form, do personalized poetry on a commissioned basis, and intend on releasing an anthology with years' worth of work soon. I'm also dabbling in crypto-trading and have done okay with that. Not having all of your eggs in one basket also shelters you if one of your revenue streams doesn't work out. I'm still working a day job as well.

Last fall I thought Steemit would allow me to quit but my payouts here are a fraction of what they once were. I'm not complaining at all, it's still an amazing place but I'm happy I didn't quit the day job on a whim during the days of larger payouts. I hope that helps! Thanks!