What I Realized About Running a blog, Cash, and Freedom


This yr marks 14 years of running a blog for me. Yearly, I wish to replicate on my weblog and the enterprise that I’ve constructed. Right here’s what I take into consideration running a blog after incomes over $5,000,000 and dealing on-line for over a decade. Over a decade in the past, I began this weblog with no actual plan. I used to be…

This yr marks 14 years of running a blog for me. Yearly, I wish to replicate on my weblog and the enterprise that I’ve constructed. Right here’s what I take into consideration running a blog after incomes over $5,000,000 and dealing on-line for over a decade.

Over a decade in the past, I began this weblog with no actual plan. I used to be only a 20-something with plenty of pupil mortgage debt and a dream of turning into debt-free. I had no expertise, no formal writing background, and no concept what I used to be doing. However I knew I wanted a change.

At present, that tiny weblog – Making Sense of Cents – has earned over $5,000,000. That quantity nonetheless surprises me.

However what may shock you much more is what I’ve discovered alongside the way in which. As a result of this journey hasn’t simply been about cash.

It’s been about freedom, flexibility, errors, development, and determining what success actually means.

Advisable studying: How To Monetize A Weblog: How I Grew A $5 Million Weblog

Who I’m and why I began this weblog

Earlier than we start, I wish to shortly share some details about myself and my weblog in case you’re new right here.

I’m Michelle Schroeder-Gardner, the founding father of Making Sense of Cents. I began this weblog in 2011 after I was drowning in pupil mortgage debt and month-to-month payments, and I used to be in search of a manner to enhance my monetary scenario.

Again then, I had no concept my little weblog would develop right into a full-time enterprise, permit me to go away my day job, assist me journey full-time, and ultimately earn tens of millions of {dollars} on-line.

I merely simply favored the running a blog neighborhood, studying new methods to make and get monetary savings, and listening to about everybody’s debt payoff, journey, and early retirement tales. I’ve all the time discovered it actually motivating and thrilling!

I went full-time with my weblog in 2013 after I stop my day job as a monetary analyst. I spotted that I may make a full-time revenue with my weblog, and I liked it a lot that I took the steps to make the leap. And, I’ve been doing this full-time ever since!

Some enjoyable stats about Making Sense of Cents:

  • My first weblog publish went stay on August 10, 2011. You’ll be able to learn it right here.
  • I’ve written over 2,000 articles on Making Sense of Cents, however I deleted a lot of them a few years in the past (as a result of I didn’t assume they have been good or they have been outdated) and at the moment have 1,556 revealed.
  • I’ve obtained 168,710 emails (this doesn’t even embody the numerous emails I’ve deleted through the years, so the quantity might be over 1 million, haha!). I haven’t included promotional emails on this complete both!
  • I’ve obtained 66,181 feedback on my weblog posts.
  • It took me six months to make my first $100 on this weblog, Making Sense of Cents.
  • Whereas I not publish weblog revenue reviews nor share my revenue (I finished attributable to privateness causes, however you will discover the previous ones right here – Weblog Revenue Studies From A Multi-Million Weblog), from 2011 to 2018, I made round $5,000,000 complete. Since 2018, I’ve made a great revenue every year that I’m very proud of.

Advisable studying: I’ve Achieved Over 20 Aspect Hustles in My Life: Right here’s What I Consider Every

What I’ve Realized After 10+ Years of Running a blog

In the event you’re simply beginning a weblog or questioning if it’s nonetheless price it proper now, I wish to share the largest classes that truly mattered. These are the issues that stunned me most – the components nobody actually tells you about.

Thanks to my blog, I was still able to work while we went on a 4 month trip around the world to nearly 30 countries.
Due to my weblog, I used to be nonetheless capable of work whereas we went on a 4 month journey all over the world to just about 30 international locations.

The largest influence wasn’t simply the cash – it was the liberty

Incomes a full-time revenue from my weblog was one thing I used to solely dream about. And over time, that revenue saved rising – greater than I ever anticipated after I began.

Sure, I’ve earned tens of millions from running a blog. And whereas I’m very, very grateful for that, the quantity itself wasn’t essentially the most thrilling half.

What actually modified all the things wasn’t the cash; it was what that cash made potential:

  • I may work fewer hours and construct a versatile schedule.
  • I used to be capable of journey extra and say sure to experiences I used to solely examine.
  • I had the liberty to say no to issues that didn’t really feel proper for me.
  • And most significantly, I gained time – time to be with my household, to relaxation, to stay slower after I needed to.

The liberty is what I worth most. And that’s what I hope for everybody – whether or not they earn $5,000 or $5 million.

Running a blog nonetheless works (sure, even proper now)

I hear it on a regular basis: “Is it too late to start out a weblog?”

The quick reply: Completely not.

Running a blog has modified, certain. It’s important to care extra in regards to the other ways to develop a weblog and your content material wants to face out.

However I nonetheless assume that folks wish to learn weblog posts and that running a blog remains to be about serving to folks remedy issues, share concepts, and construct belief.

Right here’s why running a blog nonetheless works:

  • Folks nonetheless Google questions – they usually need solutions from actual folks.
  • You personal your weblog – not like social media platforms that may change in a single day. So, even for those who plan on beginning a social media account the place you primarily plan on being energetic, I nonetheless extremely, extremely advocate having your personal web site to associate with it.
  • It’s versatile – you may construct a weblog round your schedule, your passions, and your targets.

I additionally know individuals who have began blogs just lately – throughout the previous yr – they usually’re already rising their site visitors, incomes revenue, and constructing a enterprise that they get pleasure from. So, I feel it’s nonetheless potential to start out a profitable weblog in the present day.

My greatest wins got here from issues I didn’t plan

A few of the greatest moments in my running a blog journey weren’t a part of a technique – they have been simply me following issues I used to be serious about or saying sure to one thing new.

For instance:

  • I wrote a publish about how I paid off my pupil loans in 7 months. That one publish was shared like loopy and introduced in tons of site visitors.
  • I began answering the identical reader questions again and again about affiliate marketing online – so I turned these solutions right into a course (Making Sense of Affiliate Advertising and marketing), which has now helped hundreds of bloggers.
  • One week, I performed a sport on my telephone and ended up incomes over $300 – so I wrote about it. That simple and actual weblog publish introduced in additional affiliate revenue than many who I spent weeks writing.

These weren’t strategized enterprise strikes. They have been simply me being sincere and useful.

Lesson: You don’t must have all of it found out. Simply begin, listen, and be open to what unfolds.

What I believed would matter … didn’t

I used to assume I wanted:

  • A flowery and costly web site. I completely love my design, however I do know different bloggers who’ve spent tens of hundreds of {dollars} on their weblog design – and that’s undoubtedly not wanted for the typical weblog! You’ll be able to discover premade weblog designs from my net designer right here (and save some huge cash!).
  • An enormous social media following.
  • A brilliant strict publishing schedule.
  • An enormous crew of individuals working for me.

However actually? None of that mattered as a lot as I believed it could.

What mattered extra:

  • Writing content material that truly helped folks.
  • Being constant (not day by day – simply constant).
  • Constructing belief with my viewers.

You’ll be able to spend months tweaking your emblem or colours. But when your content material isn’t fixing issues or telling a narrative folks join with, it gained’t get pageviews.

So, deal with what issues: your message, your readers, your story.

I obtain so many emails from readers who’re nervous in regards to the small stuff when actually, you simply want to start out. You can also make adjustments and enhancements as you go, and I feel simply getting began is nice as a result of it can train you a lot!

Running a blog let me construct a life I really like – however that took boundaries

There was a time after I labored 60+ hours per week on my weblog. I used to be hustling laborious – attempting to develop site visitors, create content material, and handle all the things myself.

Finally, I hit a wall.

Burnout is actual. And it doesn’t matter how a lot you’re keen on your weblog – for those who’re working nonstop, you’ll get drained.

What helped:

  • Setting work hours (and sticking to them).
  • Taking actual breaks – like full weeks off.
  • Outsourcing duties I didn’t get pleasure from or that took me too lengthy (like tech stuff, graphic design, or enhancing).

Boundaries helped me get pleasure from running a blog once more and stay the life I really needed.

One of the best funding I made was in myself

I used to assume investing in instruments or programs was dangerous.

To start with, after I first began my weblog, spending $100 felt scary. However over time, I spotted that the largest returns got here from investing in myself and this enterprise.

That included:

  • Taking programs that taught me about web optimization, Pinterest, Fb, and the other ways to monetize a weblog.
  • Paying for skilled instruments which have saved me hours of time.
  • Hiring assist so I may deal with creating content material (a job that I get pleasure from) as a substitute of burning out.

In the event you’re scared to put money into your self, begin small, like shopping for your weblog area and your internet hosting.

Your weblog can begin small and nonetheless change all the things

Once I began this weblog, nobody was studying it. I didn’t have a “marketing strategy.” I used to be simply writing posts about budgeting, debt, and what I used to be doing.

However that small begin led to a enterprise I by no means may have imagined.

You don’t want:

  • An enormous viewers
  • Fancy images
  • A viral launch

You simply want to start out. Write one useful publish. Then one other. And one other. Join together with your readers. Reply their questions. Maintain displaying up.

Success in running a blog isn’t about going viral. It’s about being helpful, reliable, and constant.

What’s subsequent for me

After greater than a decade of running a blog, I’m at a degree in my life and enterprise the place I really feel financially safe. I’ve hit my model of monetary independence (FIRE – Monetary Independence, Retire Early).

That doesn’t imply I’m quitting work utterly (I get pleasure from what I do an excessive amount of for that).

But it surely does imply I’m altering how I work.

My objective now could be to work much less – with out sacrificing the full-time revenue I’ve constructed. I need extra sluggish days, extra time outdoors, extra adventures with my household.

And in relation to this weblog, I plan to spend my time doing the components I really like most:

  • Writing and sharing useful, sincere weblog posts that basically join with readers.
  • Answering emails and messages from folks in my neighborhood.

I’ve realized that I don’t must say sure to all the things.

I’ll be focusing much less on the busy work and extra on what issues. That’s the liberty this weblog has given me.

Nowadays, I’m extra targeted on working smarter, doing what I get pleasure from, and protecting issues easy. I’m not attempting to develop as quick as potential – I simply wish to maintain serving to readers, share what I study, and benefit from the freedom this weblog has created for me.

Advisable studying: How I Created a Life That Doesn’t Revolve Round Work

Need to begin a weblog?

If running a blog is one thing you’re desirous about, I 100% encourage you to present it a strive.

You don’t must be tech-savvy. You don’t want an enormous social media following.

If you’d like assist getting began, I’ve a free running a blog course that over 80,000 folks have taken. It walks you thru the way to:

  • Arrange your weblog.
  • Select a subject to write down about.
  • Write useful content material.
  • Begin incomes from affiliate marketing online, adverts, and extra.

You’ll be able to be a part of right here: Free How To Begin A Weblog Course

From Aspect Hustle to Freedom: What I’ve Realized After 10+ Years of Running a blog – Abstract

I began this weblog with one little objective: repay my pupil loans. I didn’t even assume I’d become profitable from my weblog; I merely needed to study extra in regards to the other ways to make extra cash and study from the monetary running a blog neighborhood.

What I received was a lot greater than that.

Running a blog gave me freedom. It helped me go away a job that wasn’t making me joyful. It allowed me to create a enterprise I really like, one which helps my household and provides me time to be current in my life.

It additionally gave me confidence. I by no means considered myself as a author or an entrepreneur. However by means of running a blog, I discovered to belief myself – to strive new issues, to fail, to develop, and to maintain going.

In the event you’re desirous about beginning a weblog, right here’s my recommendation:

  • Begin now. Don’t wait till it’s good.
  • Be sincere. Share your actual experiences.
  • Deal with serving to others.
  • Keep constant, even when it feels sluggish.

You by no means know the place it’d take you.

What’s your greatest objective proper now? I’d love to listen to about it!

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