To make this blog a little more helpful and comprehensive, I thought I should include some links to other sites that are really helpful for writers.
Here is Fiction Factor- A great free online magazine for writers. http://www.fictionfactor.com/
Here is an amazing blog about how authors can and should use social media for promotion. http://warriorwriters.wordpress.com/about/
The site Brenda Hiatt’s Show Me the Money is the only one of its kind that I know of, that attempts to give information about income from romance writing. It is somewhat out of date though, so I would say the money is maybe slightly better than the site indicates, for some successful publishers.