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Last Updated on August 7, 2018

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.

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      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.

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                  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.

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                            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

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                                        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

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                                                Christopher Alarcon

                                                Content Marketer and Finance Analyst

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                                                Last Updated on April 3, 2019

                                                How to Nix Your Credit Card Debt in Less Than 3 Years

                                                How to Nix Your Credit Card Debt in Less Than 3 Years

                                                Debt is never a fun thing to be in. But, there are many actions that you can take that will help you rid yourself of the burden of debt once and for all.

                                                By coming up with a set plan, eliminating your debt can feel much easier than constantly thinking about it.

                                                This post will provide some tips on how you can do this to help you nix your credit card debt in less than 3 years.

                                                Hint: there are ways that are easier than you think.

                                                1. Consider Consolidating Multiple Credit Cards If Possible

                                                This may not be applicable to you, but if you have multiple cards – it is something to consider. Keeping up with multiple bills is time consuming.

                                                It will depend on the balance you have on each. Consolidate ones you can but do not do it to the point that you get too close to the maximum limit. Also, it is ideal to pick the card with the lower interest rate.

                                                Consider if there are any fees or alternatively, rewards, with transferring a balance to another card. Watch out for fees. Note that some cards offer rewards for transferring a balance to them. This is extra cash that can help go towards paying off your debt.

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                                                Having one or two cards can make nixing your debt much simpler than keeping up with the balance of a bunch of cards. Keeping track of paying the minimum towards a bunch of cards is time consuming. Spend the time to consolidate instead to make the overall process simpler going forward.

                                                My tip: Have one main credit card. Have a second one that you use for necessities – such as groceries or gas – that offers rewards for those purchases (a lot of cards do) and set the second one on auto-pay. You should be able to pay off a smaller amount on auto-pay if it is a necessity. If you think you cannot, then you may need to cut down a lot on expenses.

                                                Why do I suggest doing this? Having one thing set to auto-pay is one less thing to think about. One less thing to waste time on. Same idea with consolidating to one main card. Tracking down too many is a hassle.

                                                2. Try to Pay the Full Balance You Spent Each Month at the Very Least

                                                You need to pay off the amount you are spending each month when that bill comes in. This is the amount you spent THAT month.

                                                Do not let the debt keep accruing while you work on paying any unpaid debt that has accrued. It will become a never-ending battle. Try as best as you can to be current on paying for each month’s expenses when that month’s bill comes out.

                                                If this is a strain, consider why. You may need to cut expenses. Or you may need to consider other cards. Or look at where this money is going.

                                                3. Pay Extra When You Can – Every Small Amount Counts

                                                This cannot be emphasized enough. If you are looking at a lot of credit card debt, it can look daunting, but each extra amount that you can put towards the debt will really add up – no matter how small it is.

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                                                It does not just reduce the principal amount that you have left to pay off, but it reduces the amount that is collecting interest. You will always save money with that reduced interest.

                                                4. Create a Plan on How to Pay Extra

                                                Back to the main point, having this plan is giving you one less thing to think about.

                                                This plan should be a plan that works for you. If it does not work for you, your spending habits, and your views on debt, then it will not be an effective plan.

                                                For instance, if a set plan of an extra $50 (or another amount that you know you can afford) works for you, then do that. Set that aside every month and pay that extra amount. Treat it like a bill. Choose an amount that works for you and pay it like clockwork as though it was a bill you had to pay each month.

                                                Little amounts will not nix it entirely, but they will help tackle it and having a set plan can make it less of a chore. Creating a new plan of how much to put towards it each month is an unnecessary added stress.

                                                5. Cut out Costs for Services You Do Not Use

                                                If you are signed up for subscriptions that you do not use because of some free trial or for some other reason, cut it out. Your overall financial position will look better.

                                                In turn, that will make cutting your credit card debt easier. Look at your statements to find these expenses. If you do not use them, you may forget you are paying some unnecessary amount each month. Cutting it out can really add up in savings that you can put towards other needed expenses.

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                                                6. Get Aggressive About It

                                                Consider these points:

                                                Depending on the interest and the level of debt, you may need to give up a few indulgences. For example, instead of ordering delivery or going out to eat, cook at home. Everything adds up.

                                                Other things may be more of a sacrifice. It may be a trip you wanted to go on, or a daily latte habit you’ve picked up. In these instances, consider how important it is to you and if it’s worth the sacrifice. And if it is a costly expense, think whether you can wait to indulge.

                                                Cutting an extravagant expense can really help make a dent in your overall debt. Try not to add to debt when you are trying to pay it off. It will be a never-ending battle. Make it less of a battle with these tips and it will feel easier.

                                                Bottom line: Do what you can to make this process easier for you. Implement steps that do this. It takes time now, but will help overall. Also, keep track of your spending and paying down of your debts. Which is the next point.

                                                7. Reevaluate Your Progress at Set Intervals

                                                Doing a regular check-in can help you see your efforts pay off or maybe indicate that you need to give this a bit more effort. If you check every 3-6 months, it will not feel so much like a chore or feel so daunting.

                                                By doing this, you will be able to better understand your progress and perhaps readjust your plan. Bonus: if you see it pay off, it will feel great to do this check-in. You will get there.

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                                                Finally (and most importantly)…

                                                8. Keep Trying

                                                Do not get discouraged. Pushing it off will make it worse. Just keep trying.

                                                Once your debt becomes lower, each monthly payment will reduce the balance more. Why? You are paying less towards interest. It will be a snowball effect eventually and it will become much easier to manage. Just get to that point. And know once you do, it will feel easier and motivating.

                                                Start Knocking out Your Debt Today

                                                The best way to eliminate debt is to get started right away. Begin by implementing the above steps and watch your debt just melt away. Try out some of the above strategies and see what works best for you. Soon you’ll be on your way to a debt free life.

                                                More Resources About Better Money Management

                                                Featured photo credit: Pexels via pexels.com

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