JLP at All Things Financial has some great advice for us newbie PF bloggers. I have been at this Personal Finance Blogging stuff for exactly 30 days now. I know the exact number of days because my free trial with the typepad people expired today.
Over on JLP's post, Rob Lewis of Money Watch/UK had an interesting comment. He noted that he makes a little each month, but not enough to make him think that the time spent is worthwhile. He's hoping that he's planting seeds today that will bear fruit tomorrow. Not his exact words, but close enough.
I'm guessing that among the 367 blogs tracked by pfblogs.org, very few, if any, make as much blogging per hour as our day jobs, if we were to divide our monthly blogging income (again, if any) by the number of hours spent each month. Or even close, for that matter.
So, is blogging worthwhile? I'm not yet profitable. My Adsense, Amazon, etc. revenue doesn't cover what I owe the folks at Typepad. Yet, here I am.
I blog because people around me are tired of hearing about the best credit card deals, the cool way I saved a buck thirty eight, and the consummerism that has literally consumed America. It allows me to rant, to share and occasionally to teach. As a student, I always found that I learned best when teaching.
I appreciate those of you who have been reading my blog. I have begun to recieve some email requesting certain post topics or questions about previous posts. Please keep those coming. My email is simple: [email protected]. If you have a blog, old or new, that I may not have discovered, I would love to hear about it. We may or may not do a "link exchange" but I love reading different perspectives.
I enjoy reading other PF blogs, and love being part of that community.
Like everyone else, I hope to be profitable. Well, let's start with, I hope to break even. In the meantime, I'm having fun and learning lots. So, I'll keep blogging. I hope all of you will too.
I blog for the simple reason that I like to write. More over, personal finance is a subject I like to write about. Blogging is a hobby, and like other hobbies, is not nescessarily a profitable endeavor! Besides, I think the best blogs are written by people who really enjoy writting them!
Posted by: Amanda | March 23, 2006 at 11:44 AM
I'm new too, been doing financial blogging for less than a month now.
I have my blog mainly to keep me honest and on track on some personal and financial goals. If, someday, it makes me money that'd be great. Until then, I good with it being a hobby.
Posted by: my new self | March 23, 2006 at 12:50 PM
I have a baby blog too, just over a month old. Mine is a hobby and also another venue to teach my Air Force clients. I am a financial counselor. It is also a lot of fun to interact with other bloggers.
Posted by: Thomas | March 23, 2006 at 04:03 PM
Thanks for the mention in your post. It's true that as things stand at the moment, my blog doesn't really make the money that I think it should given the time that I put into it, but hopefully, as you say, I am planting the seeds for the future.
Rob
Posted by: Rob Lewis | March 23, 2006 at 10:24 PM
Actually, out of ALL personal finance blogs, I would bet $100 that NONE of them make more than minimum wage if you divided the money earned by total hours spent blogging.
If anyone expects otherwise, then I'm afraid you will end up disappointed.
Posted by: Jonathan | March 25, 2006 at 03:00 PM
I blog for a couple of different reasons:
1. It allows me to be somewhat creative (at least I think I am creative - others may not!!!)
2. I like to tinker with editing themes to look how I want them to look.
3. Make a bit of money
4. It helps me with my decision making process when I write certain posts on The Dividend Guy - I can validate (or invalidate) why I bought a stock through writing about it.
Posted by: The Dividend Guy | March 26, 2006 at 07:46 AM
nice to have you do all of the research for us. It makes our decision making so much easi
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