The Cold Hard Truth On Being a Personal Finance Blogger – What I Learned In Less Than 2 Years!

blogging, blog, personal finance, money

Think back to when you started your blogging journey, and how many articles you read from so called “gurus” who tried to inspire you through their post on how you can become a great blogger, earn the big bucks, do it passively, and build an online empire.

All sounds good, but now that you’ve been blogging for a few months, years or whatever, how do you feel? I bet you that words such as exhausting, tired, redundant, overwhelming, and long hours come to mind -  and these are just some of the more milder words that come to you.

I’m certain that if you re-read some of those articles today that talk about how easy it is to blog, and all you have to do is follow a few simple steps to earn a significant side income, you’d probably say to your self; “WTF were they smoking when they wrote this?”

Looking back now at your blogging journey, you can agree with me on this:  Being a blogger and blogging is anything but easy.

You’ve been building an your online business, and you’ve experienced for yourself how tough it is. Those who talk website stats, their earnings for the month (or year), flashing paychecks, and testimonials are not telling you the whole story.

It’s easy to throw up a few numbers, take some pictures of checks from successful ad campaigns and talk a lot of their greatness, but nobody shares the path they took to get there, and their journey along the way. Nobody talks about things like:

  • How many hours they spend weekly or monthly on their blog(s)?
  • What they did to reach out to potential advertisers to reel them in to advertise on their blog?
  • How much money they invested along the way, in design, coding, virtual assistants or staff writers?

Nobody talks about those things, yet those things are more important than the actual numbers them selves. Personally speaking, I’ve never talked about my online income, so I never really cared to share my journey on how I got there. My income is my private thing, and doesn’t define me of who I am at the end of the day. Secondly,my online income is only a quarter of my income as a whole, so whether I earn this amount or that amount online -  it doesn’t matter, simply because my income as a whole is well diversified.

When I first started a wise blogger (who also happens to be a good friend today) said to me: “Only talk in percentages, you don’t own anybody any explanation on how much you earn. That’s your business.” I may have dabbled into income percentages (especially during tax time or year end), but I’ve never got into the numbers.

Anyways, I’m not here to talk about online incomes, that’s a whole topic on it’s own. Instead, here’s the cold hard truth.

1. Nothing Is Free

Nothing online is free, and everything you do for your blog costs you each and every time. Think about it, every-time you write a post its costing you. Maybe you don’t have a staff writer or two or three, but you’re still paying. Heck, I’ve paid for every single of the 389 posts I’ve written thus far. We all pay with TIME, which also happens to be a precious resource that’s here today and gone tomorrow, and something that we can’t get back.

The time we spend doing SEO, hunting reliable and profitable advertising, graphic design, and general coding costs us every time. Either we pay with our time or we pay hundreds of dollars for someone else to do it, therefore cutting down on our bottom line profit.

Of course, maybe you don’t care. Maybe you have more time than you do money, and so you’re happy to invest it into building an online business. And that’s great, you’ll get to keep more cash in your pocket, but soon you’ll realize that you simply don’t have enough time for everything. So, you’re back into the same boat as the rest and now you’re outsourcing.

But even when we outsource, we still spend a shit load of time on our blogs, and if we broke down the time we spend vs. our blog income, the hourly rate would make the majority of us throw up. Is this what we signed up for? I highly doubt it. I certainly know I didn’t sign up to be working a shitty hourly rate.

So, why do I still do it? The answer is easy – PASSION! When you’re passionate about something, you’re not overly concerned at the rate, because it brings you happiness, pride, joy and many other giddy feelings that money can’t buy!

Whether you have an abundance of extra cash kicking around that you can outsource heavily or whether you do it your self, you’re paying for it one way or another, therefore nothing is free.

2. Majority Of Us Will Never Earn A Million Online 

My self included.

Only a tiny percentage of online entrepreneurs ever become millionaires. The three prime examples for me are: JD Roth (Get Rich Slowly), Pay Flynn (Smart Passive Income), and Ramit Sethi (I Will Teach You To be Rich). I’m sure there are many more, but those tree really stand our for me – probably because I’ve met all three in person and I follow them on regular basis.

So, back to the harsh reality. Lets’ be honest with each other. Most of us aren’t going to make millions from our blogs. Yes, it happens, but not very often. I would guess less than 1% ever make it that far.

So, should we quit now?

Absolutely not!

Majority of personal finance bloggers (and online entrepreneurs) never become millionaires, yet they’ve been writing for 5, 6, 8 or 10 years. These are all smart, hard working people, who do make a pretty good living online, but they’re not millionaires after all these years. Does that mean that they’re failures? Nope. Instead they lead a modest life, travel the world, stay at hotspots sponsored by others (advertisers), and lug around their 4.4lb laptop wherever they go, so they can write in a 3rd world country, top of the deck of the cruise ship or the tiny island of Hawaii.

Instead we personal finance bloggers are information publishers, opinion sharers, authors and service providers. We run our business like any other business owner does, except the majority of our business takes place online. Most of us are not rich, yet again after writing many articles on the super elite, psychology of money, richness, getting rich and feeling rich – I’ve learned that the term rich is very loosely thrown around, and it’s more of an opinion or perception that anything else.

So, why do we continue to write?

Here’s my quick list of why I write, and the majority of you do as well:

  1. Control
  2. We like $$$
  3. Security through another income stream
  4. The dream of working ONLY for our selves
  5. We want to self-educate our selves
  6. Grater career opportunities
  7. Again…control in many different faucets of control.

3. Know Thyself

Contrary to what Corporate America would have you think, not everyone is at their peak productivity between 9 am and 5 pm. Certainly running a blog part-time or full-time is anything but banker hours. As it turns out, you’re always working, even when not in front of your computer.  I answer emails at all times of the day and night, and have become so accustomed to checking my phone for emails on regular basis – even before going to the washroom in the morning after getting up as I’m wiping the drool off of my face. Yup, I’m that dedicated!

Furthermore,  getting away from the artificial barriers, others schedules, and beating to the beat of  your own drum is when you’ll truly reap the benefits – whatever those benefits may be at the time. Remember! We’re all different.

For example, I rarely get any work done if I don’t start off with reading the news, my horoscope, and other daily news happenings. Why? I’m not one of those that can just start typing and create a post. I wish I was, but unfortunately I’m not that gifted. So, I do the next best thing – motivate my self. Gain ideas, thoughts, feelings, and most importantly get the juices flowing before I start working. I’m up early most mornings (530am), Monday-Friday, and I’m at work by 730am. In the hour or so, I generally reply to emails, edit posts, publish, work with advertisers and promote others. Since I spend most of my day at a desk answering phones, emails, and putting out fires,  my writing takes second place, and therefore I write later at night – typically after 9pm and between 1am. Usually 1am is the cutoff, and the latest I’ll hit the hay.

Yes, I do run on little sleep, but then again that’s me. It works for me, and may not work for you.

Some people love to work intensively for two or three days, then take several days off. Others like to establish set routines, or work at night, or like to work alone or with a partner – and that’s fine. Do what best works for you!

Finally, you will always be figuring out when you’re most productive. Routine is good, but then again it also limits you in other ways. When I first started I tried to write after work, and it worked for a while. Then work schedule gets busy, and I have to regroup. Now I do a lot of writing on weekends – early Saturday and Sunday mornings while I’m having coffee are my favorite times to write.

4. Weekends Don’t Really Exist

This seems obvious, but let me assure you that it is not.  Unless the vast majority of your friends are also entrepreneurs, nobody will understand your need to work on weekends. Invitations will still flow in for nights out, weekend lunches, golfing trips, dinners, weekend getaways or the baseball game. Yes, you’ll have to learn to say “No” from time to time – something that was hard for me to do.

Getting invites is awesome, and I’m the first one in line for a great social life, but it’s all about balance in the end. There’s nothing worse than planning to spend a whole weekend working on your new e-book, only to feel awful because you have to refuse an invitation to a birthday party.  This is especially true of spouses and children, who have probably waited all week to spend some quality time with you, only to find you holed up in your office all weekend – thankfully I’m not there yet. Big shutout to my blogging amigos who are married or living with their partner, especially those of you with kids. You guys are rock-stars!

No matter who you are, your weekends will always be a hot commodity. So, plan accordingly…..and plan well ahead!

5. You Don’t Know It All, Nor Will You Ever

Someone will always be better at something than you. They may be better at SEO, networking, writing or anything else for that matter. This doesn’t mean that they’re better than you. So, instead just focus on your thing, and do the best you can to your ability. The most successful online entrepreneurs use this to their advantage through outsourcing. They literally outsource everything, including writing, except maybe handling advertising and bringing in more income.

Personally speaking, I don’t consider my self a great writer. I’m a newbie to SEO and programming, however I’m REAL. If you’ve been following me for a while, you know that I don’t shy away from truth or taboo topics. I’m also not afraid to share deep things about my life, because let’s face it, people thrive on reading someone’s drama, juiciness and forbidden topics.

6. There Are No Rules

You are your own boss, your own voice, and your own person. Please, don’t emulate others or you’ll always be left in disappointment when you don’t achieve a given task or reach a certain expectation. I learned this very early on when I started blogging, and accepted certain facts about my blog and my self for that matter.

Instead focus on your own thing, and do the best you can. Furthermore, forget what others are saying – there are more haters ONLINE than in real life – and mostly because it’s easy to hide behind a computer screen, critique others, take cheap shots, and essentially say anything.

There are those who’ll try and critique you. If they’re not critiquing your writing skills, they’re critiquing your you quality of comments you leave on their blog. Seriously, since when did they become an editor? If I wanted an editor in my life I possibly could have had one with a blogging job at Toronto Star – only if I took it seriously. However I didn’t! I like my own voice, and not having what I created look nothing like it was written when it gets published. I didn’t sign up for filming a reality TV show where only the juicy parts get aired, because that’s what brings viewers. Call it cut throat, but it’s damn true, and it ain’t for me.

Final Thoughts

Do the best you can, because even when you’re at your best, there will be someone around the corner waiting to knock you down. I learned to focus on my own thing, and do what I think is the best for me, my blog – what has become a full fledged side hustle for me. I accept the fact that there are better writers than me, those who earn more than me online, or those who are better at all the SEO stuff, however I must be doing something right with over 19,000 unique monthly visitors every month and growing daily.

At the end of the day, after all that researching and brainstorming and networking and blogging and managing – we’re all bloggers with our unique voice. That’s what makes all of us unique – even though a given topic (especially in PF) has already been covered a million times over. Blogging is hard, and it’s something that most forget at time, and just because you’re wearing pajamas while you blog doesn’t change the fact that it’s hard – and fun – and work on top of work for most of us with full-time real life careers.

The truth is I love blogging, and everything I’ve accomplished in this short time. I’m grateful for those who have touched my life through blogging, and the important connections I made over this short period of time. I enjoy being an artist with words, but the truth is I still have a lot of growing to do, and that is going to take some serious heart and soul, creativity, mistakes, time……………and practice.

Bloggers, what have you learned in your blogging journey?

Readers, what are your thoughts on bloggers? What do you like? Dislike?

Cheers, and thanks for making it through 2,421 words!


Photo Credits (mark-magnusson, barnett)


  1. I have to ask what is with the photo? Olympic mittens?

    Anyways, 2 years flies by quick! One of the top blogs out there (you produce a lot of content).

    I don’t consider Pat a PF blogger (he just is a “get rich” blogger that shares his revenue statements – I still think he is a good blogger to follow).

    It gets more challenging when you have kids or are married but time is important – I love to create quality content but sometimes producing the best content doesn’t pay (some of the more popular PF blogs don’t produce any new good material, they are popular because they were first to the game).
    Steve @ Grocery Alerts recently posted..Save On Foods – 500 MORE Rewards For Presriptions – Printable Coupon (Exp. Aug.31, 2012)My Profile

    • Hi Steve!
      The gloves…well it’s about the “cold” and “truth” and ” blogging”, the best picture I could find relating to that…I know kinda gay! :)
      Thanks for your kind words, you make a very SOLID point though:

      “some of the more popular PF blogs don’t produce any new good material, they are popular because they were first to the game”

      Very true!!! One thing I’ve seen over time is that some of the first blogs I’ve started following years ago have dropped off sort of – either due to their content, life priorities or too many “how to save…..” posts.

      People like fresh perspective, even my self I worry sometimes about the quality of the post. Readers don’t want to read another “how to” post.
      Eddie @ Finance recently posted..The Cold Hard Truth On Being a Personal Finance Blogger – What I Learned In Less Than 2 Years!My Profile

  2. Good day! Do you know if they make any plugins to protect against hackers?

    I’m kinda paranoid about losing everything I’ve worked hard on.
    Any tips?

  3. I just started out four months ago and there is so much to learn! Thanks for the inspiration and I hope to be able to write a post when my blog makes it to 2 years old.
    Lance @ Money Life and More recently posted..Random Thoughts, Round Up and Carnivals #17My Profile

    • Hi Lance!
      I remember when I started – I was like a kid at the candy store.
      Everything seemed exciting. I hope you’re enjoying the blogging journey – there’s always something to learn.

  4. It is always hard to do what you like.
    I do it because I like it. Also my blog helps me to keep a track of the history.
    Often I go back and read what I wrote in past.
    If you like it then just keep writing.
    Not everything can be measured in terms of money.
    Another benefit I personally got from blogging was – it improved my writing skill.
    Keep it up.
    @canmort recently posted..Weekly Dose of Vitamin-MMy Profile

  5. Great read.. Eddie. So much truth here, it hurts..

    I too have to make a few rounds when I sit in front of the computer before i can start writing.. It doesn’t just “happen” magically.. In fact, right now it is 10:05p on a Sunday night, and I don’t have anything prepped for Monday morning (which is the most important slot of the whole week to have a post for).

    I just got the kids to bed, so I need to check the baseball scores, maybe read a few emails and get see if anything interesting is being talked about in one of my favorite forums, look at a few pics on manteresting.. and THEN it will be time to write.. Or go to bed, we’ll see what happens first.
    jefferson’ recently posted..Carnival of Money Pros – Back to School EditionMy Profile

    • Believe me, you’re not the only one who gets burned out by blogging. I completely agree with you that you must have passion in order to maintain a blog and not just do it for the money. Advertisements hardly make any cash even at peak, provided you are not promoting affiliate products or building a massive list (to send out affiliate product offers.) I recently got into blogging as means of promoting my main business, but also as a way to share what I’ve learned over the past several years in hopes of improving someone’s life. Burning out is nothing new for anyone who’s been in blogging or any sort of online activity. The trick is to have manageable goals and a voice in the back of your head that tells you to never stop.
      Veronica @ Pelican on Money recently posted..LinkLuv Friday #2My Profile

    • Hi Jefferson!
      Writing doesn’t come naturally to most people, or else we’d all be professional writers.
      There’s probably only one PF blogger that I know that writing comes naturally for, mind you she writes for her blog, a newspaper, and few top notch magazines.
      That’s a writer in my opinion.

  6. Great post! I’ve found that as I’ve become more successful in my blogging, the time factor starts to become a huge issue, especially with my wife.

    When I started in 2009, I had like 5 readers, no income, and no emails. Now, my sites regularly generate 50+ emails per day, and I want to continue to deliver to the hundreds of readers each day! It’s been as much a learning experience in work/life balance as it has been with how to blog.
    Robert @ The College Investor recently posted..Student Loans vs. Payday LoansMy Profile

  7. Great post with a lot of relevant insight.

    Blogging is truly a labor of love — a love for your topic and a love of writing. The personal finance genre is particularly challenging due to an oversaturation of regurgitated material. That is why I try to focus on the personal aspect of ‘personal finance’. As you’ve stated, readers are exhausted from another stale how-to article.
    Jennifer Lynn @ Broke-Ass Mommy recently posted..My Little ButterbeanMy Profile

    • Hi Jen!
      It’s all about the personal stuff – the more the better.
      That being said, I personally don’t read “my spending this week” posts, and pretty sure nobody cares for them either.
      That being said, I don’t knock em, because many of us forget that blogs are used as a personal tool to keep us in line or in this case keep our spending in line.

  8. Considering the fact that it’s 2 in the morning and I just finished my post for tomorrow, I definitely feel your pain re: writing and coming up with post ideas. My friends try to make suggestions, but I have to be inspired and in the mood to write – I can’t just write something because someone tells me to.

    Many of your points are exactly what I feel after blogging for a little less than 2 years. It’s so easy in the beginning to try to be everything and do everything and get all kinds of mentions and accolades, but to me that’s just a recipe for burnout. When I stopped caring so much about all that stuff and realized I need to keep blogging for the same reason I started – because I have things to say in my own voice, whether or not people like my posts – it became fun again.

    Thanks for this post! It’s a great resource, especially for newer bloggers. I hope they’re all taking notes!

    • Hi Andrea!
      You’re a trooper – 2am eh! That’s pretty dedicated!
      I’m glad you found your voice – that’s important and it takes the pressure when you make it fun for your self, rather than try to appease people, because no matter how hard you or me or anyone else tries, there will be someone who comes along and says “This Sucks”.

  9. Great post and a lot of good points there! So weird – I used that exact same ‘blog’ picture in a post this week!
    Savvy Scot recently posted..The Sunday Review – Top Posts of the WeekMy Profile

  10. I’m even newer at this than Lance – just a couple of months, really. FWIW, I don’t mind the long post – because what you said had meat, it held me till the end.

    I’m still figuring out where my place in the PF blogosphere is. Hopefully, in two years I’m a little closer to where you are! :)

    Thanks for sharing.

    • Hi William,
      Everyone has a place in the blogoshphere, because everyone has a unique and different story to share.
      One thing we all have to work on is to offer readers fresh perspective, more personal juice, rather than just another “5 Frugal Ways to Save….”

  11. Love the post! Greetings from Rostock Germany!

    Not easy blogging but if u stick with it, everyone eventually gets amazed!
    Sam recently posted..Life After An Engineered Layoff: The Quest To Work 20 Hours A Week And Make $200,000 A YearMy Profile

  12. Blogging is the easiest thing to do, and the hardest. Kudos on your success and not giving up.

    I probably only do half the things the gurus said I should do, but I do 100% of the things I really want to do.

    I know what you mean about weekends not existing. I’ve dialed back my “homework” to the point where it’s not killing me anymore. It’s all about getting what we want from our writing.
    John @ Married (with Debt) recently posted..What’s Next?My Profile

    • John,
      Thanks for the kind words.
      Easy…well for me it’s been anything but that…especially when my hourly rate is below the minimum wage in Canada where it sits not at $10.75.

  13. Eddie,

    an awesome blog! Thanks for sharing. Yeah, I think that I gave up making any money on blogging, but I do enjoy what I am writing (most of the time)! However, I am forced to have a blogging vacation this week because my contractor “mistakenly” cut the internet cable that was buried underground (only 2 inches deep!) while rotortilling my yard! I will cherish my vacation!
    John @ Calling the Puts recently posted..Weekend Roundup: Finding a Tenant EditionMy Profile

  14. Great article! Its always nice to come across a personal finance story article that one can completely relate to. I have been blogging for about 4 years and have seen the highs and lows of the whole things. At one stage, I was close to quitting my day job to go blogging full time. But having seen my monthly income drop from 8K to 3K a month, good thing I did not jump the gun. Still all your points resonate. I may never become rich off blogging, but at least when my time comes I can say that I helped a few people and was read by many.
    Andy recently posted..Carnival of Retirement – Tips and Topics For Your Golden YearsMy Profile

  15. What a great read! I have been blogging for about 3.5 months now, and I have definitely felt a little burned out at times. I have been able to manage my time pretty well, and only spend a few nights a week writing, and days commenting. But I have since crushed the idea of only working on my blog 4 hours a week to achieve major results. It’s slow and steady, building backlinks, networking, and improving my writing. I do have a passion for this, otherwise I’d be done a few months ago.

    Thanks for the words of wisdom, a newbie like me can really benefit from them.
    Jacob @ iheartbudgets recently posted..Weekly Wrap-Up, Mentions and Good Reads August 17, 2012My Profile

    • Hi Jacob!
      Keep it up and find a schedule that works best for you.
      It’s far too easy to get burned out, but through time, and a lot of dedication – results will show.
      I was in your boat nearly 1.5yrs ago, new, fresh, and didn’t know where to turn, what to do, and my writing sucked.
      It still sucks, but I’ve learned to accept it, and at the same time have improved in it over time. I look back at some of my first posts, and I’m like WTF?

  16. Awesome post Eddie! :)

    But I object to the Vancouver mittens, because the weather was really nice here last week!! ha ha!

    No doubt about it, its not easy. I treat my blogs as a business, in other words I invest heavily in my time – it really is my part time job. If I was to look at the monetary costs of my sites, it really doesn’t cost that much to run them or set them up (largely becuase of my expertise in the industry).

    BUT if I was to include my hours and hours of time, then I probably would have earned $3 per hour (or maybe less) LOL. The last time I earned $3 per hour, I was 15 and worked at Burger King. :)

    The point being Eddie, once the momentum is there, it eventually does start to turn into passive income. It’s not that I don’t spend time on the Dividend Ninja, its just that I spend much less time on it now than I used to. I look at my website income the same way I look at dividends from my stocks – it takes some hard work and sweat up front, and the pay off is over time.

    Of course, the biggest factor is I enjoy working on it in my spare time! Otherwise I wouldn’t bother with it :)

    Great post Eddie, keep up the good work!

    The Web Ninja recently posted..The Web Ninja $200 Amazon GiveawayMy Profile

    • Hi Avrom!
      Nice to see you on the east side of Canada for a change.
      It’s been a while since you stopped by.
      Thanks for your kind words.
      However, I got one question – is it the money that drives you?
      Certainly is not the case for me, and not because I ain’t earning anything, because I am, and I’m happy with what I have, but I think I enjoy the hustle more…drumming up new business, networking, writing, seeing the numbers grow etc etc.

      If it was all about money for me, I would have sold my site, and never looked back. However, something always keeps me coming back for more. Even with the limited time I have.

      • Yah Eddie, don’t worry. Even if I don’t comment over here too often – I’m still checking up on you! :) For sure! It’s the promotional and hustle aspect I like as well. The money is more a reward than a driver. :)

        But it’s also more than that – it’s pushing the boundaries and challening myself to go outside the box as they say. Just look at my recent giveaway on the Web Ninja, as an example, it was completely over the top!

        I also do like the challenge of taking all my knowledge and skill at this point, and creating something that is top end. And I also really enjoy telling people how I did it – probably why I enjoy my new Web Ninja site so much!

        But when you make 1K in a month from one site, and see the potential for more, it makes it a driver as well? Don’t you think Eddie?

        The Web Ninja recently posted..The Web Ninja $200 Amazon GiveawayMy Profile

        • Checking up on me huh?
          You sound like my mother – when she rings me on weekends and checks up on me whether I’m starving and if she needs to bring food over or send a care package.
          Money is a big driver, but it’s also the biggest to demotivate one. What about those months you don’t earn $1,000, how do you feel then?
          That’s where the true battle ensues. It’s easy to keep writing when money is flowing in.

  17. Wow…2 years is a long time! Congrats on making it that far; I’ve only been at it 8 months and I feel like it’s been FOREVER. lol.

    You definitely speak the truth but the longer you can hang out the better I imagine that it gets. Sam eluded to that and I believe it’s true. The biggest issue is just missing all of the bullets from big G. IF you can do that then your traffic will always build, your PR will always increase, and therefore you get paid more for your efforts.
    Jason recently posted..4 Ways to Build an Emergency Fund FasterMy Profile

    • Hi Jason!
      I thought 2 years was good, but then Sean came in and demolished the whole parade with his 6 years..LOL jk!
      It’s like “most” things in life – like fine wine, it just gets better with age….or is that women? Always confused those two! ;)

  18. I have been doing this since 2006 and your post sums up life perfectly.

    While I absolutely love what I do because it has allowed me to see a lot of the world you are right we have no weekends. I work 7 days a week, but wouldn’t change a thing. I always make time for myself even if it means making up for it some other time.
    Sean @ One Smart Dollar recently posted..General Motor’s Fleet VehiclesMy Profile

  19. Kudos to you for hanging in there!
    Marie at FamilyMoneyValues recently posted..Dad’s Real Estate InvestmentsMy Profile

  20. Thanks for this. We’re just starting out, and it’s nice to see someone who isn’t making millions, but still enjoys all the work (and it is work). For us, it’s been a gerat way to work as a team again after taking a break from rehabbing properties.
    Thanks again.
    Mrs. Pop @ Planting Our Pennies recently posted..Opposing Approaches To BudgetingMy Profile

  21. Eddie,

    Great post! A good way to hit home for people. I recently started blogging about this time last year. I never thought I’d find myself getting paid to run a blog. It’s weird how things work out and it’s awesome.
    I scored a sweet job with a tech startup here in SF and I now run our blog and community.

    I still have a lot to learn from people like you and the other many of bloggers floating around the interwebz.

    I really respect your personal perspective and show how much time people actually dedicate to get their blog up and running. It is definitely time consuming. I could spend all day messing around with my blog and looking at others. It’s a crazy cycle.
    Ryan @ Planwise recently posted..Ditch the Cable BillMy Profile

  22. All of the points you make here are totally spot on. I almost wish I’d read this before I got into blogger over a year ago. But even with all the late nights and “no weekend” weekends, I still enjoy writing and blogging, for the most part. I’m also glad I didn’t get into blogging for the money, because I would have quit a long time ago.

    I’ve learned a lot about myself and about what I really do believe, but I know I still have lots to learn about the online world. I especially like your point about not emulating others – I learned that early on. It’s basically a waste of time to try and be like someone else. I appreciate you being REAL with us!
    Carrie Smith recently posted..Life After Debt: The Biggest Downside to Being Debt FreeMy Profile

    • Carrie,

      Out of curiosity, what makes you say you enjoy blogging a lot? What is it you enjoy about typing away on weekends and a shitty hourly rate?
      Just curious – not trying to indicate that you or me or anyone can’t enjoy blogging.

  23. Great post Eddie – and I am really impressed with your 19000 unique monthly visitors. I needed to read this – I’ve been at it a couple of years too, but I admit I hit a wall a month or two ago and keep finding excuses not to post these days. I hope you have inspired me to get back on my horse thanks.
    Ross Taylor recently posted..Closing costs when buying a homeMy Profile

  24. I’m less than a month in, and I already can forsee most of the things you mentioned. I hope I can keep the motivation. I am really getting to a point of burn out in my day job, so hopefully this new challenge will keep me in the game. I hope I can make it to two years!
    Kim@Eyesonthedollar recently posted..Bartering for Health CareMy Profile

    • Kim!
      Blogging offers different challenges everyday that most jobs don’t. Plus, it can be a lot of fun. That bring said, the failure rate within the first year is massive as well. I remember when I started and how many blogs I followed – probably at least a good 10-20 I followed religiously aren’t around anymore. Good luck!

  25. Glad to see some straight talk about blogging.

    What people forget is that blogging as a business is still a business like those offline. There is a lot of un-sexy work that you need to do in order to build and maintain the business.

    They also forget to figure out exactly why they’re blogging in order to maintain that enthusiasm.
    Kim @ Money and Risk recently posted..How to Get a Hot New IPO and Why You Did Not Get OneMy Profile

  26. Man you got the right nerve here. Believe me I was reading it ans feeling my own pain. Yes I too am in the same boat as you are, we all bloggers do. Its hard fact.
    SB @ One Cent at a Time recently posted..10 Conventional and Unconventional Ways of Earning Money in CollegeMy Profile

  27. Holy hell. This post is so RAW and honest. I’ve only been blogging about three months but I’ve already begun to learn the hard lessons–mostly in relation to time and money. Thanks for laying it all out there. If I could give this post a pulitzer-I would. ;)
    L Bee and the Money Tree recently posted..I’m not going to FinCon 2012My Profile

  28. Although new to the PF community, I’m not new to blogging. I’ve blogged for a while in a totally different area and it’s never been about chasing numbers/readers etc. Sure increased readership makes your words seem more rewarding but I, like most dedicated bloggers, blog because I love to do it. Especially with currently being on Mat leave, I need some adult in my life. Blogging is my way of releasing and making connections with people who share similar interests.

  29. I am so glad I ran into this post! I started blogging 2 months ago and the learning curve is enormous! I love all the new aspects of blogging, I am passionate about it, and sky is the limit for sure! But man, there is not enough time in the day!!!

    I’m working on it. Keep writing, and I’ll keep reading.
    Tony@YouOnlyDoThisOnce recently posted..Want To Get More Done? Take a Break!My Profile