I officially started blogging in April of 2009 based on a passion for helping people become better financial stewards, share practical financial tips and to fulfill a dream of starting my own small business. Personal finance has always been a passion of mine from the volunteer financial coaching I do to trying to overcome challenges with my own finances.
Over the course of these 3 plus years, the blog has had its ups and downs, but I believe it’s still fulfilling the goals I initially had for it and more. It’s far from the biggest and most popular personal finance blog in the blogosphere, but that’s not really the goal or driver behind it. Some of the comments and a few emails here and there have validated the content helps people. And from a business standpoint, it’s put extra dollars in our pockets to help pay bills, fund vacations and more.
There are many things achieved with this blog I never expected. In fact, I think blogging about personal finance might just be a fantastic tool to shape up your own finances. The great thing about blogging is that you don’t have to be a writer or even a tech geek to get started. There are many free blogging platforms out there. You don’t have to worry about writing. Just start and it will improve the more you do it.
So, how can blogging about personal finance improve your own finances? I thought I would take a look at a few ways that come to mind -
1. Education - A big part of blogging is reading. A blogger typically reads articles online about their topic or niche to get ideas for blogging. When you’re reading personal finance articles, you’re learning new ideas and tips you can apply to your own finances.
2. Authenticity - While I can’t say I’ve put every single tip into practice (not all apply and I’m far from perfect), I do try to be authentic about what I’m doing to manage my own finances better. If I’m using a great budgeting software program, I’ll tell you about it. If I tell you to track your spending just a few minutes per day, you can bet I’m doing it!
3. Accountability - Blogging about personal finance makes me want to do better with managing my money. I’m absorbed with so many tips and ideas I can’t help but want to keep my own finances sharp. This recently led me to making sure I had automatic investments going to my kids’ 529 plans from my small business account. The blog has held me accountable to manage my own finances wisely!
4. Income - I’ve learned that a big part of staying ahead and achieving financial goals has been having another source of income. I don’t make nearly enough money to replace my day job income and support my family, but this blog has acted as an emergency fund many times! It’s allowed us to do things as a family that we could have never done with my regular income. I never thought I would learn how to make money with a blog, but it really is possible.
5. Productivity - I can’t tell you how much more productive I am today with my finances because I know all the latest gadgets and tools to help me reduce time when managing money. I would have never had any reason to learn about all these tools if it weren’t for blogging about personal finance. I’m constantly reading and writing reviews and exploring new tools to help you and me!
6. Community - I’ve been able to create all sorts of connections with personal finance authors, financial ministry leaders and bloggers I would have never been able to interact with before blogging. Everyone is on a financial journey. Some are moving forward, some are moving backwards and some are stagnant in their growth. It’s great to interact with experts, bloggers and just regular people who are trying to create a better money story for their lives. It’s encouraging and motivating.
If nothing else, a blog can serve as a vehicle to help you learn more about a subject. You can research it, take notes and write about it. That process in itself can be invaluable to you and the people who come across your work.
Have you ever considered blogging about personal finance? Or, if you have a personal finance blog, what has it taught you that you never expected?