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How to start a blog for financial security

start a blog for financial security

Learn how to start a blog for financial security, and you will have a great backup plan to hedge against unemployment, sudden financial loss or other catastrophic events. 

I know you are in a specific financial situation right now.

You might have a great job or career.

Perhaps you’ve invested wisely, or have retired with a nice pension.

Or you might be struggling to pay your bills, or even be living on some kind of government subsidy.

Whatever your situation is, it could change.

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Right?

And suddenly.

Right again?

I mean, whatever gives you a sense of security and peace of mind right now can easily change tomorrow.

So you need to have a backup plan.

Call it “Plan B” or “financial security” or whatever you want.

It simply means something you have going on that can help you weather the storm if you ever find the need.

Why I started blogging

A number of years back, I was running a very successful professional practice as an intuitive consultant.

My clients included ordinary working people, psychotherapists, teachers, famous actors, forensic psychiatrists, company CEOs and many others.

But most of them, from the very successful to the barely employed, lived in worry.

They worried they might get laid off, or demoted, or lose their investments or pensions.

A great many were women who feared losing the security of sharing the financial burden with their husband or partner, since their relationship or marriage was on shaky ground.

So they wanted a backup plan “just in case” something bad or unexpected happened.

When I first started learning about how people build side gigs or even full-time businesses through the internet, I was determined to see how they were doing it.

I thought this would be a great strategy to offer to my clients.

This was especially important for the women who feared suddenly becoming a single mom, or unemployed and alone or even unemployable because of their age or other circumstances.

I quickly learned that blogging was the most likely solution for people in these situations.

So I started blogging.

Blogging Is Fun But Can I Make Money At It-

I blogged about how to start a blog, and the best ways to run a blogging business.

I hoped to teach others how they could do the same thing as a backup to their careers, jobs and relationships.

Why blogging?

There are several great things about blogging if you want to shore up your financial security.

Blogging is user-friendly

For one thing, blogging is pretty easy to do.

There are other online business models that can help give you financial security.

But none are as easy as blogging to get started and keep growing.

How Do You Start a Blog to Make Money-

To operate your blog, you simply need to add content on a regular basis.

That means, you need to publish new blog posts regularly.

It’s easy enough to write a blog post.

But it’s important that you do it according to some kind of schedule.

That way, people see you are serious about your business, because you keep it fresh and up to date.

Blogging is cheap to do

It costs very little to get a blog up and running.

You only need a few things to get your blog started.

1. Domain

Choose a domain name that gives people a sense of what you do.

If you are an accountant, maybe something like “South Island CPA dot com”

Then you buy the domain name.

You can go to any company that sells domains and buy the domain name.

Just put “buy a domain name” in your search engine and you’ll find tons of them.

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I actually think the best way to buy your domain is to first pick a hosting plan, and then buy the domain name from them.

The cost will probably be something in the 5 to 20 dollar range, per year.

2. Web Site Hosting

There are tons of good hosting companies around.

Go with a big one, with a proven record of success.

I always recommend Bluehost, but there are many others, too.

You should be able to get your first year of hosting for under $10 per month.

Once you sign up a for website host, just open your new domain name, and you have a blog!

3. Blog

I highly recommend that you use a WordPress blog.

But not the free version that is hosted on the WordPress site.

Get your own domain name and your own hosting first, then just open your website in WordPress format… for free.

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You’ll pay a bit more by buying your own domain name and hosting plan, but then you will own your blog instead of renting on a free platform.

And it will look far more professional.

Blog to your target audience

You can tailor a blogging business to just about anything in the world.

If you’re a Spanish teacher facing early retirement, you can start a blog teaching people conversational Spanish.

Maybe you want to sell physical products like beauty creams or electronic equipment.

Do you know how much it would cost to open a brick and mortar store in your community?

A great deal more than it would to operate a blog to affiliate these products.

And as an affiliate, you’d never have to buy, warehouse, inventory or ship these products.

Just put a little link on your blog, and if people buy from it, you earn a commission.

What if you want to retire from your social worker career?

How about being a “personal coach” from the comfort of your own little blog?

Just think of what audience you want to showcase your talents or products and services to.

Write your blog for them.

This becomes “your target audience.”

Can you make money blogging?

There are many ways to make money blogging.

How to make money with a blog for beginners

But don’t think about that.

Just focus on the kind of information that benefits your readers.

Develop that “content” on your blog, and you’ll be on your way to having a blog that is capable of making money.

How does a blog become your “backup” plan?

After you’ve been blogging a while, people in your target audience will start seeing you as a credible authority in your field, or on your topic.

So, even if you have no immediate plans for monetizing your blog, you will be establishing a strong backup plan for your financial security.

If you suddenly lose or quit your job, for instance, you can start offering your professional services on your blog.

You can even use your blog on your resume if you want to get a new job in your field.

It will show prospective employers that you are a professional, an authority, or an expert.

And it will show people you are current and relevant in your field or on your topic.

How to start a blog for security

It’s simple enough to start a blog.

I’ve shown you how above.

But to start a blog for security requires something more.

It requires that you carefully choose a blog that will address your target audience.

And it requires that you add high quality, valuable content on an ongoing basis.

Top Tier Coaching

So tell me, are you ready to get started?

Do you feel more confident now, that you know how to start a blog for financial security?

I’d love to hear from you in the comments below.

-Donna

PS: Take a moment to share this valuable information with your friends.  Just link to it on your social sites.

Donna Merrill
Donna is a well known blogger and creator of "Blogging Magic" - an intensive guide to blogging. "Blogging Magic" is for beginners who are trying to figure out how to bring their blogs to life with tons of visits, comments and social media interaction. It's even for advanced bloggers looking to reach new levels of authority and engagement with their audience.

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11 Responses to How to start a blog for financial security

  1. Moss Clement
    Twitter:
    July 15, 2019 at 1:01 pm #

    Hi Donna,

    Your article is profound; blogging is a fantastic business anyone can start for financial gains or purposes. For me, when I began blogging Blogger, it was all about the fun of having people read my blog and asking questions which lead to writing more blog posts. It was much later that the thought of making money started creeping in. And the rest is history.
    Thank you for sharing and have a wonderful week ahead!

    Moss Clement recently posted.. 7 Essential Facts You Should Know About Influencer Marketing in 2019

  2. Aakash Patel
    Twitter:
    July 14, 2019 at 3:08 am #

    Hi Donna,

    I agree with your mentioned points. When I started my blogging journey, I had always in mind that I would be treating as side hustle and do the job as well.

    Right now, with the job and I blog and happy to get good results so far.

    Regards,
    Aakash

    Aakash Patel recently posted.. Best WPEngine Alternatives: Top 9 Recommendations

    • Donna Merrill
      Twitter:
      July 17, 2019 at 1:49 pm #

      Hi Aakash,

      I think a lot of people, if not most, consider blogging to be a side hustle rather than a full-time business.

      That’s fine.

      Whether you want to do it part or full time, just give it your best effort to create financial security at the level you are most comfortable with.

      -Donna
      Donna Merrill recently posted..How beginner bloggers become successfulMy Profile

  3. Jitendra Vaswani
    Twitter:
    July 11, 2019 at 11:19 pm #

    Hi Donna,

    Great post as always. Nowadays starting a blog and making money in months isn’t that easy. As here we need to dedicate more time and efforts in blogging and gain our visitor’s trust. Overall, blogging is one of the most ethical and best ways to make money online but we need to be consistent with our audience.

    Thanks for sharing such a great post.
    Jitendra Vaswani recently posted..AMZAlert Review 2019: Is It Best Amazon Monitoring Software??My Profile

    • Donna Merrill
      Twitter:
      July 17, 2019 at 9:34 am #

      Hi Jitendra,

      Oh yes, you mentioned the big word… Consistent.

      Blogging is a great way to make money and build not only a business, but a solid reputation for yourself.

      But it requires being consistent and being active in your blogging community and with your audience.

      That’s the “business” of blogging.

      -Donna
      Donna Merrill recently posted..How to make money with a blog for beginnersMy Profile

  4. Gaurav Kumar
    Twitter:
    July 11, 2019 at 3:46 pm #

    Hi Donna,

    Money is the reason why 99% people are running blogs or websites. That means the very first thing for a newbie blogger is to find a profitable niche. After deciding niche the next thing is to choose a creative blog name and buy the similar domain name. Then go for a reliable hosting and create important pages.

    After all this, the next big challenge will be to write the first blog post. It is also the first major step to success.

    Thanks for sharing important points.
    Gaurav Kumar recently posted..11 Principles for Blogging SuccessMy Profile

  5. Neena
    Twitter:
    July 10, 2019 at 11:09 am #

    Hi Donna,

    I am with you on this one. It’s almost a no brainer to start a blog.

    Just start writing about something you love – even if it is once a week.

    Then when you are ready to devote more time to it – it will be there for you.

    I’ve seen so many people get caught up on “launching” their blog.

    This makes no sense because it takes time to build an audience and to be found by the search engines.

    Might as well start – even if it is slowly.

    Neena recently posted.. Why Have A Blog? The Benefits of Blogging for Business

  6. James McAllister
    Twitter:
    July 9, 2019 at 9:50 am #

    Hi Donna!

    It’s funny that you mentioned this, because security is the primary reason that I began blogging again after a break that lasted several years.

    Although in my case, the uncertainty I’m trying to protect myself from is losing both of my other companies, which, although very profitable, are far more prone to threatening circumstances like bogus lawsuits or competitors eliminating us.

    Needless to say, it’s not something I’d feel comfortable supporting a family on right now, because like a job, it could disappear at any moment. Unlikely, but certainly possible.

    Blogging is a fantastic choice for those looking to develop financial security, for exactly the reasons you mention. The risks of starting up are low and while growth isn’t always lighting-quick, it’s stable. I like to tell myself that regardless of what happens with my personal brand, people will still know me, that audience will still be there. Because of that, I could always rebuild – even if I lost my list, social pages got shut down, etc.

    It’s the ultimate safety net!

    – James McAllister
    James McAllister recently posted..5 Ways To Simplify Your Business Strategy, To Focus On ExecutionMy Profile

    • Donna Merrill
      Twitter:
      July 16, 2019 at 8:56 pm #

      Hi James,

      Great point you made here.

      Blogging really does give you a “safety net” because “you” will still be visible online via your blog, even as your other business ventures rise and fall.

      And, as you suggest, as long as you have a reliable audience, you can always move in new directions as the occasion arises.

      -Donna
      Donna Merrill recently posted..How to get your blog visitors to become clients – Part 5My Profile

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