Gallery
Lana Reid earns thousands each month on OnlyFans
It’s a Saturday morning when I sit down to talk with Lana Reid, though for the UK-based content creator, it’s already early evening. On the agenda for our discussion is money, specifically how OnlyFans creators can save, manage money, and . And Reid, who is in the top 1 percent of earners on the subscription-based platform, is the perfect person to ask.
PS: At the start of each new year, how are you typically planning ahead financially? How do you plan for taxes, retirement, and other expenses? Lana Reid: For people doing their first year of content creation, the full tax year has to finish, and then you’ll be paying your taxes the following year. But it’s still so far in the future, you’re not necessarily saving for it. With OnlyFans, there’s an opportunity to earn a lot of money, and sometimes it’s money you haven’t seen before in your life. It can be very easy for you to just spend it all with no regard to how much you need to keep set aside for taxes. So, get an accountant first thing, and then think about taxes and setting aside money.
