Showing posts with label Off Topic. Show all posts
Showing posts with label Off Topic. Show all posts

Wednesday 20 February 2013

Blogging for Money

Retirement Investing Today had humble 2009 beginnings when I began writing with a free .blogspot.com domain.  Since then I believe the site has grown into a unique fact based data source covering both the general economy and personal finance ultimately aimed at helping you maximise your wealth creation and for those that choose the path early retirement.  I don’t say that because I’m arrogant but because the non-emotional fact based data tells me this is so.  This includes the site now having a Google PageRank of 3, a mozRank of 4.46, an Alexa ranking which puts the site in the top 12,500 sites read by people located in Great Britain according to Alexa and finally because readership continues to rise rapidly with visits up 32% in the last month alone.

Retirement Investing Today is also meeting the Objectives personally set which includes:
  1. Holding myself accountable.  By publishing my philosophy, strategy and progress measured against these I have to stay the course and can’t stray from the path.  This reduces the risk of my failing to achieve early retirement.
  2. Continuous learning about economics and personal finance.  To be able to publish unique up to date content regularly I am “forced” to continually data mine and expand my knowledge base.
  3. Share what I have learnt over the years, including my mistakes, so that you can conduct your own research and learn about unfamiliar topics which might affect your wealth creation.  The emails and comments I receive tell me this is occurring.
  4. The reciprocal of point 3 which is to gain information from you that force me to go off and do more research about a topic I clearly don’t know enough about.  I can definitely confirm that this is occurring.

To achieve the site you see and meet my objectives I typically invest 12 to 15 hours per week.  This covers data analysis, writing the posts, publishing the posts and keeping the site free from the continual spam attacks which you hopefully don’t see.  My daily commute plus day job currently then fills around 60 hours per week.  The two combined leave me with little time for further published content if I am to keep my current day job pace (which is necessary as it forms part of the Save Hard portion of my philosophy) and also allow some time to spend with my family.

Which brings me to the point of this post – Blogging for Money.  I already earn a very small amount of revenue which covers the costs of running the site but it’s not enough to give me a “salary” of any description.  It doesn’t cost you the reader anything but is achieved via:
  • Adsense.  If you click on any of the AdChoices in the right hand side bar I receive a small amount of revenue.
  • Amazon.  If you click on any of the links within The Books That Helped Me tab below the main site banner and then go on to buy something with Amazon I receive a small amount of revenue.
  • Sponsored Posts.  I post a very occasional Sponsored Post which has been written by a Freelance Writer working with an Agency.  Unlike most sites I clearly label these as a Sponsored Post so that you the reader know what you are looking at.