Why You Should Become a Personal Finance Blogger
May 4, 2007
Writing about personal finance will definitely help you learn about money. Lazy Man lists ten ways personal finance blogging has helped him with money. Here are thirteen lucky reasons, in no particular order, that you should become a personal finance blogger:
- You can answer your friends questions at work about their 401k investments.
- You can win financial “discussions” with your spouse.
- You know what the news guy means when he says the DOW and NASDAQ are up.
- You can hold your own when people discuss stocks at cocktail hour.
- You will have the best rewards credit card there is.
- You won’t fall for the car salesman’s tactics next time you buy a car.
- An emergency fund will actually be something you starting contributing to instead of just reading about.
- You still won’t read all the fine print on financial forms but you’ll have an idea what they say.
- You’ll learn enough about saving and investing that you can explain the concepts to your friends, family, and random people you meet on the bus.
- If you practice what you preach you’ll have a better financial plan and more financial security than before you wrote about money.
- You’ll make extra money by selling advertising on your website.
- You will meet cool people all across the country who also like to talk/write about money.
- A Google search for “personal finance blogs” only returns 124K hits. The world needs more personal finance writers, there just aren’t enough!
I think possibly the best part of all the reasons is the exposure to other like-minded individuals and their blogs/personal finance advice
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I agree, I started my everydayfinance blog a few months ago and it’s been quite rewarding. It’s driven me to research alternative investment strategies and other investment vehicles to differentiate me from the rest of the pack and my personal portfolio has benefitted as a result. It’s been rewarding and is bringing in a few bucks on the side; enough to perhaps start treating it as a business for this tax year.
[…] MoneySmartLife shares the joys of becoming a personal finance blogger. […]
Blogging every single day about personal finances has helped me understand my money at a new level.
It has also held me accountable to an entirely new level!
I didn’t have my url for post #5 regarding alternative investment vehicles that meet or exceed market returns.
http://www.everydayfinance.blogspot.com
enjoy!
Dan
[…] The 99th carnival of personal finance is up at the tao of making money, a great blog written by golbguru. If you get the chance, check out the carnival and his whole blog. I’ve had a submission accepted, getting out of debt would be easier, other great posts are why you should become a personal finance blogger by money smart life, the beatitudes of money by active duty military money and matters, and the four terrible money mistakes we make with our kids by mymint. Enjoy. If you like what you’re reading, why not leave a comment below, subscribe to my feed, or check out some of my best posts. […]
The best way to learn is to teach. You dig into the subjects and analyze them deeply in order to share your knowledge.
Good 13 points