Comments on makingourway: The Great Big Lie about personal finance blogging!...

excellent excellent post. and thanks for the menti...

2007-03-13T15:17:00.000-05:00

excellent excellent post. and thanks for the mention.

Interesting observations and quite accurate. It ...

2007-02-04T19:46:00.000-06:00

Interesting observations and quite accurate.

It also helps to have a strong motivating reason to make it into a business - in my case living in both the US and Japan, I needed to create a job that I could do anywhere (although I didn't start with the expectation of turning it into a full time job, when it appeared I could, I jumped at the chance).

Earning a living from a blog alone, although possible, would be quite hard. I certainly rely on the other sites I run to bring in revenue and the blog by itself would not do it.

I didn't start pf blogging as a side job, although...

2007-01-31T09:23:00.000-06:00

I didn't start pf blogging as a side job, although since it does take about a half hour a day on average, so I guess it could be considered a very small side job. What struck me most about your post is that maybe I should approach blogging as a side job. My goal is to have something useful to say that lots of people within a niche market will be interested in reading. If I approached it like an actual business, maybe that would be more likely to happen.

Fivecentnickel, How many posts did you write befo...

2007-01-29T15:03:00.000-06:00

Fivecentnickel,

How many posts did you write before you started receiving decent money from online advertising?

I think that I add about one or two new posts per month to my blog. If I can maintain this level of posting for another five years, for example, my blog will have a lot of posts by 2112. If the adsense revenue keeps increasing every month, that could potentially be a significant source of income.

I wouldn't quit my day job, but it certainly would be nice to have that extra money, much of which would be generated by old posts that people can find by searching on google.

Interesting post. I agree that people shouldn't en...

2007-01-28T08:18:00.000-06:00

Interesting post. I agree that people shouldn't enter into this solely for profit, and I also agree that people should focus on personal experiences. While I've been known to sometimes re-hash the latest (interesting) mainstream article, I strive to write as much as I can about personal experiences -- what's worked for us, what hasn't, and how we handle things. In fact, when I see other sites regurgitate articles, I typically just skip over them.

All of this being said, I do think that you're underestimating the amount of income that can be generated by a successful personal finance weblog. No, I wouldn't ever recommending quitting your job over it, but in some cases online earnings can outstrip even substantial 'regular' salaries.

Colleagues, Thanks for the supportive comments. A...

2007-01-24T21:45:00.000-06:00

Colleagues,
Thanks for the supportive comments. Actually I wouldn't mind someone disagreeing either.

Moom - I have to say that you've made the most amazing and best resonating comment of them all "financially unsuccessful people takingadvice from each other...." Brilliant!!

I'd like to write about that, too...maybe I'll call it the path of the lemmings!

Regards,
makingourway

Well said! I agree with you that we probably aren...

2007-01-24T19:58:00.000-06:00

Well said! I agree with you that we probably aren't going to replace our day jobs, but by simply listing my personal finances out loud adds a layer of accountability I don't get otherwise. Keep up the great postings!

I actually see quite a lot of financially unsucces...

2007-01-24T17:11:00.000-06:00

I actually see quite a lot of financially unsuccessful people taking advice from each other online...

Great post. You very nicely describe what makes a ...

2007-01-24T04:33:00.000-06:00

Great post. You very nicely describe what makes a blog interesting reading (at least for me). It's the personal element - individual success stories and how and why people are building their financial future.

My own (rather modest) blog was launched with the objective of imposing a greater degree of financial accountability and self discipline on my finances.