Advertising
Advertising

How to Make Money with a Blog (According to 23 Successful Bloggers)

How to Make Money with a Blog (According to 23 Successful Bloggers)

Not too long ago, you believed that making money with a blog was impossible. But after seeing dozens of income reports from other bloggers, you became hooked. Now you’re left wondering if you could achieve similar results.

In this article, I’ll consolidate the lessons learned from some successful bloggers and get you the advice on how to make money with a blog.

How to monetize your blog the right way

A blog is more than a website with words, it’s a brand that solves a problem. When you’re first starting off it’s difficult to make any money. Why? Because no one trusts your brand.

The solution is simple, provide engaging content to build a large audience. Once your blog’s traffic and subscribers have grown, here are the most effective ways you can monetize your blog.

  1. Affiliate Marketing[1]
  2. Selling Courses[2]
  3. Coaching[3]

“Get rich quick” schemes rarely work

Some believe that bloggers had their success handed to them, but this is far from the truth. Their success required sacrifice, discipline and courage to work. And this is where most people run into trouble because they’re unwilling to put in the work.

Your first step to building income through your blog is to stop believing it will be easy to achieve. The trick is to only listen to a few bloggers who are at the position you’d like to be and take massive action.

It can take months or even years before you start earning income.

And when the going gets tough, keep going. Don’t stop. Learn to love the journey more than the outcome and you’ll build a profitable blog.

Executing the right advice leads to success

You need to learn from bloggers with diverse backgrounds.

What motivates someone to build an online business may not inspire you. But there’re strategies some bloggers will share that you’ll resonate with.

So what’s the next step? To start taking action.

How to make money with a blog: Lessons learned from 23 successful bloggers

Browse the list of some of the most influential and down to earth bloggers in today’s time. Chances are that you’ll resonate with a few of them. Take their practical lessons and apply them to your blog.

These bloggers may spark light bulb moments for you and change your life forever.

1. Gary Vaynerchuck – Down to earth entrepreneur who’ll transform your life

    Gary is a proud “D” student who helped his dad grow his wine liquor store into a 60 million business. He left the wine business to start his own digital agency, which now generates over $100 million.

    Today, he inspires entrepreneurs of all ages through his blog, vlog, and Podcast to take full control of their lives doing what they love.

    Lesson: Have the patience to build a successful business.

    2. Pat Flynn – Online Jedi who’s fearless to try new ideas

      Pat built several sites, is an author of many books and has launched many podcasts. His blog is one of the most popular sites on the web for beginner and experienced entrepreneurs. Despite Pat’s success, he’s still humble and willing to help others.

      Lesson: Don’t let fear stop you from stepping out of your comfort zone.

      Advertising

      3. John Lee Dumas – Entrepreneur on fire, inspiring others through his voice

        John is the host of EOFire, an award-winning business podcast, interviewing top entrepreneurs. He’s interviewed successful entrepreneurs such as Gary Vaynerchuk, Tony Robbins and many more. John is also the author of the #1 ranked book for Podcasting in Amazon. He’s an excellent example of what happens when you chase your dreams and remain committed.

        Lesson: Follow one course until success (FOCUS).

        4. J Money – Rockstar money expert who injects “cool” into finance

          J Money is an award-winning personal finance blogger, company advisor and money rockstar. He injects a “fun” personality in his blog, adding a sense of “coolness” to personal finance. He’s the founder of RockstarFinance, a personal finance directory filled with useful resources.

          The fresh perspectives J shares about money will leave you pondering for days.

          Lesson: Have fun with your blog to stand out and create engaging content.

          5. Mr. Money Mustache – Badass blogger who’ll transform your financial lifestyle

            Mr.MM’s goal is to help you live a “badass” life. He has unique money saving ideas up his sleeve, such as cutting your grocery bill in half, and DIY solar panels. There are no “generic” articles in his blog, only thorough and well-thought ideas.

            Mr.MM is financially independent and willing to share his secrets if you dare to listen.

            Lesson: Focus on your needs and wants to live your dream lifestyle.

            6. Sam – Thoughtful blogger sharing smart insights

              Sam is a blogger and a real estate investor. His blog has received millions of views and featured in Forbes, Lifehacker, CNBC, and many more. Sam dives deep into topics like real estate, retirement planning, and career strategies. Read his blog and discover why it’s “bookmark-worthy”.

              Lesson: Keep investing in yourself to be better prepared for the future.

              7. Joshua Dorkin – The persistent entrepreneur who never lost hope

                Joshua is a well-known entrepreneur and speaker who’s featured in major publications. He’s built the nation’s largest real estate investing blog and co-host of the BiggerPockets podcast.

                He’s the ultimate example of what’s attainable when you pursue your dreams. His blog is one of the only few you’ll need to reach financial independence with real estate.

                Lesson: Keep working towards your goal despite who tries to stop you.

                8. Ramit Sethi – That “cool” teacher who’ll help you reach your next level

                  Ramit is a New York Times Bestselling author. He prides himself on being different, which is why he loves giving away 98% of his material for free. His content is binge-worthy and will bring out the awesome out of you.

                  Advertising

                  If you’re ready to master your inner psychology or finance, then stop by Ramit’s blog.

                  Lesson: There’s always a way to get what you want as long as you’re willing to put in the work.

                  9. Paula Pant – The entrepreneur who took an enormous risk chasing freedom

                    Paula is a writer, speaker and freedom enthusiast. It didn’t take long after landing her “dream” job to know it wouldn’t offer the freedom she’d craved.

                    Today, Paula has reached financial independence by building many income streams. Her writing style is engaging will leave you questioning your limiting beliefs.

                    Lesson: It’s worth risking the odds to live your desired lifestyle.

                    10. Steve – Early retiree, fearless to take a stance

                      Steve reached financial independence 30 years earlier than the typical American. You can find his work in major sites such as Forbes, Business Insider, and many more.

                      Currently, Steve writes detailed content on his blog helping readers achieve financial independence. If you’re looking to save money, or retire early, you’ll love Steve’s blog.

                      Lesson: Plan ahead to reach your desired goals.

                      11. Robert Farrington – Millennial Sensei for college students

                        Robert is a consultant, and a writer dubbed as America’s Millennial money expert. His passion for managing money at a young age led him to create The College Investor. In his blog, you’ll find great resources to crush student loan debt and invest your money.

                        Lesson: Be open-minded with how you can express your passion.

                        12. Joe Udo – The writer who took the road less taken

                          Taking risks ain’t easy, but there are always a few people who take it anyways. Joe is a blogger, investor and a great example of what risk takers do. He retired before turning 40, after leaving a job he’d been working for over a decade.

                          Joe’s blog shares proven ways to building passive income, and managing your money.

                          Lesson: Taking risks becomes easier when you prepare daily.

                          13. Elle Martinez – The financial superwoman for struggling couples

                            Elle has a passion for money, so much that she’s been writing about personal finance for over a decade. She enjoys helping couples build their finances together, and live on one income.

                            Elle’s blog helps you avoid money fights, boosts your savings, and much more.

                            Advertising

                            Lesson: Find ways to solve the problems you’re obsessed about.

                            14. Len Penzo – Creative blogger who makes personal finance entertaining

                              Len’s blog has received over 9 million visitors. He’s featured in major publications such as the NY Times, Forbes, and many more.

                              Len transforms boring money subjects into engaging content that hook readers for more. If you want to make smarter financial decisions, his blog is a must-read.

                              Lesson: Create engaging content to build a large audience.

                              15. Farnoosh Torabi – Finance expert, inspiring women to unleash their full potential

                                Farnoosh used to borrow clothes and eat $5 Footlongs until she climbed out of debt. Today she’s a journalist, author, TV personality, and financial expert. Farnoosh is the host of SO Money, one of iTunes’s top financial Podcasts. She’s a leader and inspiration to other women.

                                Lesson: View your shortcomings as gifts and use them to stand out.

                                16. Michelle Schroeder-Gardner – Young entrepreneur achieving success on the road

                                  Michelle started blogging in 2011 with hopes of improving her finances. Today, her blog is one of the most popular personal finance blogs you’ll find. There’s a slim chance you might catch her on the road, as she’s touring around the US with her husband. Her blog contains advice for growing your income and living a better lifestyle.

                                  Lesson: Be transparent about your struggles to build a supportive audience.

                                  17. Phillip Talyor – Money expert who knows how to throw a finance party

                                    Phillip Taylor or “PT” is a blogger, CPA, and a finance enthusiast. At one point, he’d accumulated a ton of debt and was in need of financial wisdom. He created his blog to document his financial wins, and collaborate with others.

                                    Because of Phillip’s passion for finance, he created FinCon. Today, Fincon is the go-to conference where influencers and financial brands meet.

                                    Lesson: Hard work is more important than experience to achieve your goals.

                                    18. Stefanie O’Connell – The financial role model every woman needs

                                      Stefanie started blogging around 2008, at a time when most of America was in a financial crisis. Despite this, she went from living on less than $500 a week to dubbed as a Millennial money expert.

                                      Stefanie spends her time helping ambitious women adopt “rich” habits. Join Stefanie’s tribe and start feeling empowered with your finances.

                                      Lesson: You can be a role model for others if you’re brave enough to face your fears

                                      19. J.D. Roth – Finance enthusiast who’ll leave you thinking smarter

                                      Advertising

                                        J.D. was a contributor of the “Your Money” column for Entrepreneur magazine. His blog is one of the best personal finance blogs on the web and has received millions of visitors. You’ll find in-depth articles that will leave you making smarter money decisions.

                                        Lesson: No matter how big your problems are, there’s always a solution.

                                        20. Catherine Alford – Entrepreneur mom, inspiring women to chase their dreams

                                          Catherine is a speaker, writer, and a proud mom of 2 twins. She’s an inspiration for women looking to spend more time with their families. Catherine became best Contributor/Freelancer for personal finance in 2014.

                                          Discover why you don’t need to choose between your career and family at Catherine’s blog.

                                          Lesson: Your story can become the inspiration many are searching for.

                                          21. Natalie Bacon – Life coach and entrepreneur inspiring women to design their dream lives

                                            Natalie is an inspiration for those looking to pursue their passion. She’s featured in major sites like The Huffington Post, Forbes, and many others. Natalie follows her dreams and isn’t afraid of hard work. Her blog contains quality content that will inspire you to take action.

                                            Lesson: Don’t be afraid to change course because you’ll be one step closer to finding your dream life.

                                            22. Crystal Paine – Inspirational entrepreneur who loves to give back

                                              Crystal is a personal finance blogger who’s been writing since 2006. Her site has creative ways to save money on groceries, clothes, toys, and much more. Crystal donates a percentage of her blog’s income towards life-impacting ministries.

                                              Her blog will not only teach you how to save money but also how to live an abundant lifestyle.

                                              Lesson: Focus on helping others first and you’ll build massive wealth.

                                              23. Liz – Frugal expert who’ll transform your bad spending habits

                                                Liz is an author, writer and a frugal expert who enjoys helping others save money. She’s featured in NPR, Forbes, Liz’s blog contains creative ways to save money and reach financial independence.

                                                Lesson: Be bold enough to prioritize your opinion above others’.

                                                Start your blog and achieve jaw-dropping results

                                                Imagine waking in your pajamas and opening your laptop. You notice a few hundred dollars were deposited to your Paypal account. This money didn’t fall from the sky, it came from your blog.

                                                Not too long ago you believed making money from a blog was impossible, but now you’ve finally achieved it. Amazing isn’t it?

                                                This can be your reality if you learn from these successful bloggers. Go through this list and pick your top three bloggers. Take a look at their content (Blog, Podcast, Video), and break your bad habits.

                                                The time has come to transform yourself into the blogger you’d like to become. You’re not someone who only wants to accumulate a ton of cash. You want to live your dream life and impact others doing what you love.

                                                What’s stopping you now?

                                                Featured photo credit: Pexels via pexels.com

                                                Reference

                                                More by this author

                                                Christopher Alarcon

                                                Finance Analyst and Founder of the Financially Well Off Blog & Podcast

                                                How to Use the 5 Whys to Get to the Root Cause of Any Problem 15 Best Android Productivity Apps (2020 Version) The Savvy Employees Guide to Asking for a Raise 10 Effective Time Management Techniques for Busy People 20 Better Money Habits to Help You Increase Your Savings

                                                Trending in Smartcut

                                                1 9 Best Calendar Apps to Stay on Track in 2020 2 How to Measure a Goal? (With Examples of Measurable Goals) 3 How to Write a Good SMART Goal Statement 4 How to Achieve a Realistic Work Life Balance 5 13 Ways to Simplify Your Life and Be Happier

                                                Read Next

                                                Advertising
                                                Advertising
                                                Advertising

                                                Last Updated on June 26, 2020

                                                25 Easy Tips on How to Save Money Fast

                                                25 Easy Tips on How to Save Money Fast

                                                “How to save money fast?” This is the question asked by all of us not in the top 1% of rich people.

                                                If you are looking for ways to drastically reduce your expenses immediately, first look at what you need to spend money on every week. And I mean really need.

                                                You don’t really need to order in food. You don’t really need to buy expensive perfume.

                                                Building from that, you can work out how your regular expenses can be reduced.

                                                As for irregular expenses, they can also be deceptively costly in the long run. Once-off buys can also be tackled with some prudent planning and a little extra research.

                                                And remember: a budgeted lifestyle does not mean a bad or boring one!

                                                But first, understand what budget you can cut down on daily:

                                                • Regular expenses for the average adult (can be trimmed but not eliminated):
                                                  • food
                                                  • rent/mortgage
                                                  • cell phone
                                                  • insurance
                                                  • socializing/entertainment
                                                  • transportation
                                                  • hygiene products
                                                  • household bills
                                                • Irregular expenses for the average adult (can be eliminated or cut down a lot):
                                                  • travel
                                                  • clothing
                                                  • medication (*depends)
                                                  • grooming (hair, nails etc.)
                                                  • gifts

                                                Now, let’s dive right into the 25 ways to save money fast:

                                                Save Money on Food

                                                1. Bring a stock of food to the office/work

                                                Instead of popping out for an overpriced salad and a smoothie, leave a set of basic utensils at the office as well as a stock of non-perishable goods such as tinned fruit, tuna, rice crackers and so on (try to avoid the junk food and this can turn into a pretty great diet!).

                                                Advertising

                                                Stocking up means you won’t forget or say “I didn’t have the time” when you rushed out to work in the morning.

                                                2. Buy the store-brand version

                                                Many basic foods, such as bread and milk, will taste exactly the same as their branded alternatives. Go for stuff with minimal additives and preservatives. Meat in a tube is probably insanely unhealthy!

                                                3. Eat cheaper cuts of meat

                                                Learn how to tenderize and flavour cheaper meat and fish, and save on the (typically) most expensive item on your grocery bill.

                                                4. Have group dinners

                                                If 10 friends put $5 each in the kitty, it’s pretty easy to make a giant lasagne and get refreshments, as well as hang out with your favourite people.

                                                Save Money in Transport

                                                5. Get a bicycle

                                                Save on gas money and bus/metro fares with this underrated mode of transport.

                                                6. Use public transport and/or don’t get taxis

                                                Some places can only be reached by car. But as a good practise, check your public transport website and see if any routes pass nearby where you need to get to. Walk as much as you can.

                                                7. Find the cheapest gas

                                                Regularly check out where the cheapest gas can be bought.

                                                Save Money in General Shopping

                                                8. Shop online

                                                Not only will you save on the gas or transport fares from going to the shopping mall but you will also find better deals

                                                9. Sell your old stuff

                                                Get your unwanted belongings up on eBay ASAP and earn a few dollars.

                                                Advertising

                                                Here’re more ideas for you: 25 Things to Sell to Make a Lot of Money

                                                10. Bulk buying stores

                                                For regular non-perishable/slow perishable purchases such as toilet paper, cat food, pasta, washing powder and so on, do an epic stocking-up trip to a co-op or equivalent (my mum used to go to a place that restaurants buy from).

                                                Be wary of supermarket “deals”, as some have been found to be fraudulent after working out a simple calculation.

                                                11. Become a flea market/car boot sale/street market guru

                                                You can find original gifts and develop good negotiation skills at these places.

                                                12. Generic brand medication

                                                More often than not, the generic version of paracetamol and other basics work the same as the branded version.

                                                13. Choose deodorant, not perfume

                                                It blows my mind when someone drops $70 on a bottle of spray. Stick with a nice deodorant, and not only will you smell just fine but you’ll be sweat-free as well!

                                                Cut Down on Household Expenses

                                                14. Printing

                                                Ink is one of the most expensive substances in the office and coloured ink is doubly so. B

                                                e more efficient and choose black and white, and if your printer doesn’t have a print-both-sides options, just print odd pages first, re-insert the paper and print even pages.

                                                Expand the margins of what you are printing as often as you can to save on paper.

                                                Advertising

                                                15. Minimize SMS and phone calls

                                                A combination of a free chat service such as WhatsApp and a free call service such as Skype can reduce your bill to nothing (so long as you have a decent Wifi connection).

                                                16. Shop around for insurance

                                                Most people don’t spend enough time searching for the best insurance deal.

                                                Keep a watchful eye out for deals and new competitors in the market.

                                                17. Try re-negotiating your rent/mortgage

                                                If you have built up a good credit history or a good rapport with your landlord, then chances are a frank chat about needing to tighten your spending could result in lowering your payments. You’ve nothing to lose from trying.

                                                18. Don’t get a TV

                                                Invest in a computer/laptop and an internet-only package. You can watch more (and often better) entertainment on the web, and skip the advertisements as well.

                                                19. Pool your internet bill with a neighbour

                                                My apartment building is basically a big old house split into three apartments. There are five of us in total. We pool the internet bill, making it crazy cheap.

                                                Save Money in Socializing, Entertainment And Travel

                                                20. Have house parties

                                                Instead of paying for overpriced drinks, set up a series of in-house get-togethers with your friends. Everyone takes a turn, so it’s not always your house that needs cleaning.

                                                For sound insulation, hang heavy drapes on the walls and windows. For music, invest in a good second-hand set of speakers which you can connect to your computer. Let Spotify or Grooveshark playlists do the rest.

                                                21. Open festivals, meetups and events

                                                It never fails to surprise me how much underground stuff goes on around me for free or for very cheap. Find out who runs the blogs and websites that list all the less well-known cultural activities.

                                                Advertising

                                                22. Volunteer

                                                If you can’t pay for a ticket, volunteer and get to be there anyway.

                                                23. Housesit

                                                There are multiple housesitting websites offering you the possibility to avoid paying hotels and skip the discomfort of crummy hostels.

                                                Save Money on Hygiene and Beauty

                                                24. DIY beauty

                                                French manicures, pedicures, waxing, eyebrows… pretty much all of these can be achieved at home (and done well) with some practise. There are plenty excellent blogs and YouTube tutorials to help.

                                                25. Fewer haircuts/volunteer at a trainee hairdresser

                                                If you can’t bear the risk of a trainee touching your locks, learn more ways to manipulate your hair as it grows and get haircuts sparingly. Women’s haircuts are outrageously priced in many cities.

                                                Bonus: Effective Money-Saving Tips for Everything

                                                Here’s a summary of what you can generally do to save more money:

                                                • Share/pool resources. Organize a neighbourhood sharing scheme, common resources for your apartment block or with your friends. Not everybody needs an individual lawnmower.
                                                • Buy energy-saving everything. The easiest way to lower your bills – replace those lightbulbs!
                                                • Buy in bulk. Be sensible about it (i.e. make sure you have space!), and drastically reduce weekly expenditure.
                                                • DIY. Skill up using YouTube tutorials on plumbing and many other essential services so you never have to pay for simple problems again.
                                                • Research a lot before making a decision. Most money-wasting is the result of poor preparation and planning. Don’t shirk this part just because you don’t like it!
                                                • Use your network. Your network is full of resources that can ease the pain of budgeting. Ask for help.
                                                • Stop and think. Do I really need it?

                                                Unfortunately, there are some things that require plain ol’ giving up for the time being. This can include high-cost sports such as skiing, the latest versions of some technologies, the finest brands of food/drinks, premier seats at the opera and most other indulgences.

                                                What is important to remember during lean times is that when you look back on your life, it will be the experiences that stand out, not the extra comforts.

                                                Living on a budget can teach you a lot about how much you can really get out of your paycheck. We only live one life, so make the most of every penny you earn!

                                                More Tips for Personal Finance Management

                                                Featured photo credit: Unsplash via unsplash.com

                                                Read Next