Blogging as a Side Business

I have been following the blogs of many personal finance bloggers closely for almost two years. One thing that sticks with me is their persistence, sincerity, and life goals. They definitely gave me the inspiration to start my own website and focus specifically on personal finance.

I have heard many bloggers complain about people who just want to blog for money. Many of the popular bloggers started out not thinking about money and eventually made a name for themselves. I really admire them for that.

However, what I don’t agree with is their resistance to others wanting to make money off their blogs. I understand that if you start doing something just to make money and have no interest in it, changes are it won’t last every long.

But think about it though. When someone wants to start a business, I wonder if their first thought is just to do what they like first and not think about profits at all.

I currently work full-time at a nonprofit job that I’m passionate about. I believe in the work and mission of the organization which I think are closely in line with my ultimate goals in life.

Yet, there’s always an urge in me to start a business of my own. I want to do that on the side to test out and hopefully develop my entrepreneurship. Below are the parameters I’ve developed for my business:

1.It needs to require a low level of capital, at least in the beginning. 

I don’t want to start out with a huge level of pressure and stress worrying about when I will be able to make enough revenue to offset the cost of operation. After all, I don’t have a lot of money to begin with.

2.The schedule needs to be flexible.

I want to maintain and do well at my full-time job. I don’t want the pressure of the side business to distract me from my career.

3.There needs to be no hard deadlines. 

I don’t want the added stress of deadlines and satisfying clients’ demands from the side business. I had multiple deadlines in college/grad school and at my current job already. While deadlines do motivate me, they also make me sleepless at night sometimes.

4.It needs to be something I’m passionate about and can maintain with joy. 

Who wants to have a business that they dread every day? Not me. I want to do something that I care deeply about. That’s the only way I can persevere during tough times and make my life more rewarding. My full-time job already gives me a large part of that fulfillment. What else do I care about It’s frugality.

5.It needs to be something I’m good at. 

The thing I’m good at and went to grad school for, I’m already doing it at my job. One thing that a lot of people have complimented me a lot on is my writing.

But I have to admit that I don’t really like writing. When I write a paper or a report, it’s something I feel like I have to do and get out of the way to move on to the next task. However, I always try to do it well and in the best way I can. I just don’t do a haphazard job of something to get it over with.

Writing for leisure, however, is different. It’s a perfect way for me to organize my thoughts and express my opinion to a wide audience.

6. It needs to be useful for other people. 

I don’t want to start a business that disadvantages other people or makes them suffer. It needs to provide people with what they need to improve their lives. After all, I myself don’t want to deal with people who just want something out of me without even thinking about my well-being.

7. It needs to fill a niche. 

The world is already full of business ideas and successful businesses. What makes me stand out from the rest?

One thing I’ve noticed about the personal finance blog world is that most of them are white Americans. I’ve tried long and hard to look up Asian personal finance bloggers, but so far I only know of are:

— Saving The Crumbs by Al and Deb

— MakeLove,NotDebt by a anonymous couple (the husband is Asian, and the wife is white)

Wallet Hacks by Jim Wang

MyWifeQuitHerJob by Steve Chou

Most of them are males, which is already awesome, but I’d love to read more about female Asian bloggers who are also passionate about saving money and investing.


And the winner idea for my side business: Blogging.

I am passionate about frugality. I’m also good at writing. I have even contemplated getting a license to be a financial advisor. However, for now, blogging about my personal finance will suffice. I need to know whether my way of handling finances can benefit anyone.

Right now my blog is not monetized. But I will continue to make it grow into something bigger.

4 thoughts on “Blogging as a Side Business”

  • Hmmmm…I have been thinking of creating my own blog lately. I really got into personal finance the last couple of years by reading lots of blogs like yours, always looking at my finances and getting into investing. I just don’t know if I have enough material to write. =/

    • It’s great you are thinking about starting a blog. You should definitely give it a try. I hesitated to blog for years partly for that same reason. But after I started blogging, ideas just came flooding in!

      I hope you will start one soon. I will be one of your first readers! ^.^

  • I’m with you- I don’t understand why people have an issue with bloggers wanting to make time off their blogs. I spend more than 10 hours a week on my blog in addition to my full-time job and it’d be nice to see some financial reward come from it. I think people tend to get upset when the posts start becoming more “pay me!!” rather than offering genuine advice.

  • Interesting thought Ms FAF. I think monetizing is a really good way to improve your work and yourself. I don’t monetize yet either but I would feel the need to pump out extra good content, to the EXTRA mile if I was just because this isn’t just a hobby now. Level up!! 🙂

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