Mad Swede
Auror
And now I'm going to argue against both you and Skip. Editing matters. There's lots of self-published authors out there, and yes, you too could be one of them. The quality of those books varies to put it mildly. The readers don't care I hear you say. Well, maybe not those readers. But the readers who matter are the professional reviewers, because they are the ones who can get you noticed by agents, big publishers, etc. And those reviewers do care about quality. I guess the question is what you want to achieve? Is it just to get a book published? Or do you want more than that, do you want the option of making it a career?
My advice, for what its worth as a published author, is to spend your cash on a developmental edit. A good developmental editor will help you get the story arcs, structure and characterisation right, so that the book flows. They will also suggest ways to further improve things, like the background details of your setting, smells, sounds etc. You may think you don't need help with these things, but trust me when I tell you that even after you've written several books a good developmental editor will still find things to improve. I know my editor does.
As for the cost, yes, a good editor is expensive. So is a good cover. And marketing copy. You pay for what you get. And that's why publishers take such a large cut. Publishing a good book doesn't get any cheaper if you do it all yourself - but you do end up paying up front.
My advice, for what its worth as a published author, is to spend your cash on a developmental edit. A good developmental editor will help you get the story arcs, structure and characterisation right, so that the book flows. They will also suggest ways to further improve things, like the background details of your setting, smells, sounds etc. You may think you don't need help with these things, but trust me when I tell you that even after you've written several books a good developmental editor will still find things to improve. I know my editor does.
As for the cost, yes, a good editor is expensive. So is a good cover. And marketing copy. You pay for what you get. And that's why publishers take such a large cut. Publishing a good book doesn't get any cheaper if you do it all yourself - but you do end up paying up front.