August 25, 2014
Starting a blog is an easy thing to do, but mastering the activity is a whole different story. For WordPress alone, tens of thousands of new blogs are created every day. But how many of these blogs will actually succeed?
Naturally, success is relative, but let’s take a look at one aspect: revenue.
While blogging shouldn’t be all about making money, for those who rely largely on blogging for a living, blog revenue is critical. Beyond, that, however, the lifestyle and habits of bloggers can highly influence their success. You might consider yourself a successful blogger, but if you are not mindful, you might find yourself in financial trouble at some point. You might even find yourself seeking the services of a bankruptcy attorney if you throw (financial) caution to the wind.
So why don’t we take a look at some financial habits of successful bloggers and make sure you stay on the right track? read more
Tags: finance, Successful Blogging
July 1, 2014
How did you start out as an online writer? Perhaps you got odd jobs here and there, and you didn’t really see what you were doing as a business. If you’ve been doing this for several years now, your client base has probably expanded, and you might even consider what you do as a small business.
When your online writing activities transform into a legit business, things get better, albeit with some more responsibilities. While you may have more revenue streams, you may have more expenses as well. You might have to tap into savings, consider credit card balance transfers if you have existing credit card problems. According to Jeffrey Weber of SmartBalanceTransfers.com, this is one of the most effective and cost-efficient ways to manage credit card debt and starting anew.
You may even have to learn how to manage your own books. You can always take on the services of an accountant, but that will only add to your expenses.
If you need a little help tracking your online writing business finances – expenses and earnings both – here are some tools which can make things easier for you without having to outsource this aspect of the business. read more
Tags: finance, Small business, Tools
June 24, 2014
Working online is an exciting thing, but there is always a higher degree of uncertainty, especially when it comes to finances. Of course, it depends on the exact nature of what you do online, but if you are a freelance writer working for clients, there are periods when there is no client work at all. If you have your own online publication, and you depend on advertisers and Adsense for revenue, then you are at the mercy of Google updates – among other things.
The stark truth is that
winter is coming lean periods do come, and all you can do is to prepare yourself so that you can make it through. Some times may be tougher than others, but if you are prepared, then you’ll survive.
Tags: finance, freelancer
October 18, 2008
Felix Salmon at Portfolio.com has sour news for econobloggers. According to Salmon, blogs may have gained more respect over the past year among mainstream media publishers of economic news and opinion, but they are still not recognized by some as deserving of outbound links.
The latest evidence for this, as Salmon sees it, is the refusal by VoxEU, an economics news portal that has been called a blog before, to be included in Aaron Schiff’s popular directory of top economics blogs.
While I’m not so sure VoxEU is clearly a blog – it seems more like a blog-like aggregator to me – I think Salmon is absolutely right in asserting that mainstream media news sources are still generally reluctant to treat blogs as equally valuable (and linkworthy) disseminators of useful information.
What do you think?
Tags: Blogging, economics, economy, finance, mainstream media