How to Start a Personal Finance Blog?

Individuals who desire to learn how to start a personal finance blog may feel that they don’t know where to begin. By taking the time to research the tools that are available, future bloggers can have the insight necessary to determine what they need to plan their new business.

There are different resources that are available that can assist someone in learning what they need to know on how to start a personal finance blog. It’s possible to develop the blog using resources that are free or low cost. The following resources and advice can assist people with what they need to start a blog.

Start part-time on your personal finance blog

If you have a job or a profitable business, then start a blog while you have another source of income. By continuing your current income stream, you’re less pressured to have the new business grow to support your lifestyle. When you can’t start part-time, work the blog like it is a job and put in a full day’s work or incorporate the blog into an existing business.

Get a self- hosted site for your personal finance blog

By developing a blog on your own platform, a blogger has a business that functions independently of a free online platform. This gives a blogger a business that they can monetize and increase in value. As a blogger, you can think of an online self-hosted site as a piece of real estate or an asset. This gives your followers a way to connect with your business that can get attention from leaders in the personal finance industry who may want to ask you to work with their businesses in different ways such as guest blogging, podcasting, or speaking at different events.

Affiliate marketing

As an affiliate marketer, a personal finance blogger can create income from companies that allow you to earn commissions from products sold on your site. Some companies may require that you build a substantial following before you can sign up to earn commissions from their businesses. There are some companies that will allow you to join their affiliate programs immediately.

Build an email list

Next step on how to start a personal finance blog is to have an email list. Create an email account for your blog so you can connect with your followers and send them special product offers. Some followers may enjoy reading your blog in an email, so it’s good to give them an option. You can also tell them about the things you offer as a thank you offer to your subscribers.

Teach courses

If you teach online courses, an email list is a good way to continue to connect with followers who may want to take courses you offer. A personal finance blogger can teach a course on how to start a personal finance blog. By teaching a course, you can gain information from participants on additional topics you can write about in your blog.

Create social media pages for your personal finance blog

By creating a social media account for your blog, you give people from all over the world an opportunity to learn about your personal finance blog. Posting on social media allows new followers to learn about your blog because of social media sharing that can come from likes and when followers share your content. The snowball effect can help grow your business for free.

Use good writing tools for your finance blog

There are writing tools that can assist with developing your blog. Sites such as Grammarly can provide editing services to help spell check and check the grammar that you use in your post. It’s a good idea to have a cloud-based service to help store your content so you don’t lose your work. Google Docs can help you work on drafts of your work. There are a variety of tools a blogger can use in the Google packages offered to businesses based on the size of the business. As a blogger, you can use Google Drive to store blog posts so you don’t lose your work on a laptop computer if it’s lost or damaged.

Join online groups

Join online personal finance groups on social media sites. This is a good way to show that you have personal finance knowledge. You can learn the topics that are important to people who want to improve their finances. You may gain more followers for your business by participating in the discussion, even if the group prevents you from promoting your business. People connect with others when they show that they are knowledgeable, and this is a natural way of growing your following without spamming online groups.