How To Start A Personal Finance Blog And Make Money From It?

 

 How To Start A Personal Finance Blog?

If you want to start your own personal finance blog then this blog post will help you and guide you in your journey of blogging.

First of all you need to follow the steps given below.

1-Identify your niche in the personal finance blog.

2-Select your blogging platform that is free or paid.

3-Decide your domain name

4-Decide your hosting platform

5-Connect to your blogging platform

6-Create the necessary pages

7-Start writing your first blogpost.

8-Publish your blogpost

9-Get traffic from social media platforms

10-Monetize your blog and make money.

The steps given above is the basic idea about how you can start your own personal finance blog.

Now I will explain the above steps in brief for you to get more understanding.

1-Identify your niche in the personal finance blog.

There are plenty of niches in personal finance but first of all you need to select any specific niche from all niches.

The niches include in the personal finance are:-

• Financial independence

• Make money

• Save money

• Invest money

• Real estate 

• Debt

• Budget

• Stock Market

• Retirement 

• Personal finance for beginners

• Personal accounting

• Minimalism

• Side hustles

• Side jobs

How to choose your niche from the various niches?

The simple answer is that you should select the niche in which you are interested and you know something about the niche or topic.

You must enjoy the process of reading, writing, speaking and researching about that topic.

It is not a prerequisite for starting a blog but if you know something about the topic then you can start very easily.

2-Select your blogging platform:-

After deciding your niche or topic in which you are interested the second step is to select your blogging platform.

There are various platforms for blogging but two popular platforms are blogger and WordPress.

If you have some money and want to invest in your blog then you can select the WordPress platform, because in WordPress you need to buy your own hosting and domain name.

There are many hosting providers available on the internet and you can choose any one of them and same for domain name providers.

After purchasing a hosting plan and domain name you need to install WordPress and then you can start your blogging journey.

And if you have no money to invest in your blog then you can choose a blogger platform which is a Google's product.

In blogger platform, you have not required hosting but if you want your site with custom domain then you can buy only domain name and connect it to blogger and your blog is ready with your own custom domain.

I hope you understand the difference between the two popular platforms for blogging.

3-Decide your domain name

Now moving to the domain name, you can choose domain as per your choices.

You can start with your own domain name like your name as your domain name or you can select any other name as your domain name also.

Before buying a domain name you should know some features and then go for the best one.

• Your domain registrar should ICANN(Internet Corporation for Assigned Names and Numbers) accredited.ICANN is responsible for managing the domain names all over the internet.

• Check if the domain name provider you are going for is budget friendly or not.

• Check the pricing and renewal rates of the domain provider which you like.

• Check the customer service because it is important if you face any difficulty. Best domain provider has 24/7 customer support.

• Check the reputation of the domain provider.

• And last but not the least is check the policy of domain transfer.

Best domain name providers:-

• GoDaddy

• Namecheap

• Domain.com

• Bluehost

• Green geeks

• Dreamboat

• Namesilo

• Hover

• Hostgator and dynadot.

4-Decide your hosting platform

Now after selecting your domain name if you want to start a blog on WordPress then hosting is a very important aspect and you want to start your journey on blogger then you can skip this step.

You should select the hosting which is reliable, fast, secure, reliable and has good customer support that supports you if you face any difficulty while purchasing or setting up your hosting.

Now I will share some of the best hosting provider companies which you can consider for buying your own hosting.

• Hostgator

• Blue host

• A2 hosting

• Hostinger

• Dreamhost

• Inmotion

• Green geeks

• WP engine

• Siteground

• Nexcess

From these hosting providers companies you can select one and buy your hosting plan as per your budget.

5-Connect to your blogging platform

Now after buying your domain name and hosting the next step is setting up your blog.

If you go for a blogger then you need to add only your custom domain name to your blog.

And if you go for a WordPress then you need to install WordPress on your hosting.

And then you can login to your WordPress dashboard.

Now after connecting your domain and hosting name to your blog the next step is

to create some necessary pages.

6-Create the necessary pages

In this step you need to create the necessary pages for your blog.

The three necessary pages are 

• About Us

• Contact Us

• Privacy Policy

This three pages are the must have for your blog and if you want to add extra pages then you can add but these three pages are mandatory.

You can easily create these pages through your blogger and WordPress dashboard.

You can also take help from the other websites to create these pages.

7-Start writing your first blogpost.

After setting up your WordPress website or blog with all the necessary pages now you are ready to create content around your niche.

For writing a blogpost you must have an idea in which you can share your thoughts or information you have in the form of the article.

Use headings and subheadings as per your information included in the article.

You can also use images, infographics and YouTube videos in your informative articles.

You can make any type of informative articles like how to articles, list based articles, tutorial based article, infographic article, news based article etc.

8-Publish your blogpost

After creating your first informative article you need to publish it so everyone who needs these information can read your article.

You can share your article links to other people who need the information which you wrote in your article.

9-Get traffic from social media platforms

After writing and publishing your article you need some readers for your blog or website.

At the initial phase you can share your articles to your friends and relatives through some of the social media platforms.

I suggest that you create your social media accounts on your different platforms.

Some of the popular social media platforms are

• Facebook

• LinkedIn

• Twitter

• Instagram

• Pinterest

• Telegram

• Medium

• Reddit

• Tumblr

Create your account on all the social media platforms so you will get a boost in the traffic to your blog.

You can also use the Quora platform which is a questions and answers platform where people ask questions which they don't know and some people who know the information about it give answers.

And through this process you can build your personal brand on social media and attract traffic to your blog.

After some time you will also get organic traffic from the Google search engine.

But you should have some basic knowledge of SEO which you can learn from the internet.

I hope you understand how to get initial traffic to your blog.

10-Monetize your blog and make money.

Now move to the last and the final step which is very important for all who want to generate income from their blog.

There are lots of ways to monetize your blog but you should select only some of the ways which are working best for your blog.

Some of the popular monetization ways are.

• Google Adsense

• Affiliate Marketing

• Ebooks

• Digital courses

• Your own products

• Your own services

• Guest posting

• Other ad networks like

• Media.net

• Infolinks

• Revenuehits 

• Propeller ads

• Adversal

• And many more.

If you are a beginner then you can start your monetization with Google Adsense and it's alternatives ad networks because it is easy for beginners.

After your blog gets popular you can move to another method or you can also use more than one method to monetize your blog.

You can sell your own services and products through your blog after you will get some traffic.

Because at the starting no one knows you and your services or products, after some time you will be known through your blog and if you want to sell services or products to people then you can do it.

I hope you will understand how to start your own personal finance blog and monetize it.

Thank you.