Blogging your way to financial freedom. Is it really possible? Personally, I’m rather sceptical. Unless you’re giving full-time attention to it and have a vast network of blogs and websites, then it’s hard I reckon. It’s possible, but it’s hard.
Being a blogger is just another job. You can create some side income with it like what Kenny Sia and a few others have done but I doubt that one can classify that as a passive income. It’s not really an investment-like venture. The reason is that if one neglects his blog, not much money can be made. Also, a lot of efforts need to be put to market your blog. Blogging professionally is more business-like I think.
The thing about blog however is that you don’t need a high amount of capital to get in. With Blogspot for example, it’s free! You’re also not required to build an asset base to derive income from, unless of course you’d consider the presence of your blog itself as an asset (brand, domain name, copyrights, and etc.).
How do you make money from blogs? One way is through advertising. There are programs like Google Adsense, Adbrite (
), Bidvertiser (Monetize your Website or Blog with BidVertiser), and Nuffnang for that purpose.
Some people also earn money through affiliation programs or even sell items directly from their blogs. I havent’s ventured into these yet but I might in the near future.
So, in a nutshell, making money through blogging is definitely possible but to make some serious money through this field takes massive hardwork.
Have a look at this interesting article here .
——————-
Disclaimer: This article is not a specific nor general advice on managing or investing your money. This article does not constitute a recommendation nor does it take into account your investment objectives, financial situation nor particular needs.
Go to HOME
Go to ARCHIVES
Go to DISCLAIMER
