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The 30k Challenge: Online Money Bloggers


Well I told you all that I’d let you in on one of my new online money projects soon, and here it is! Corey, from 20’s Finances, and I had challenged each other to make a blogging revenue of $30,000 in 2012. This seemed like a great way to motivate each other to get to the next level, so we figured, why not involve our blogging friends to join the challenge as well! 20ish sign-ups later, and we have a website that’s ready to house this challenge!

What “Online Money Bloggers” is all about

Our main mission of “” is to help all the challengers achieve their goal of $30,000 in 2012, but this site is also set up to help all bloggers that are looking to make some cash with their site.

Each person in the challenge is striving to make their 30k, and while they’re in the process, they’ll be writing guest posts about how they plan on achieving it! Perhaps this will be with extra blogs, an eBook, a free learning course to increase readership, or something else that’s never been done before. They will share their plans with all of the readers out there, and then they’ll report back with what worked and what didn’t! It’s a perfect site for the beginner blogger (as well as the up-and-coming blogger) to camp out, learn, and ultimately start earning money with their own sites.

By the way, congrats to the bloggers that are involved in the challenge! You really have a great opportunity to increase the readership of your site, to improve cashflow, and most importantly, the chance to change another blogger’s life with your experience and wisdom!

I Am Officially Part of This Challenge

In case you haven’t figured it out already, I am participating in this 30k challenge which begins on January 1, 2012 and will run through the end of the year. Each month, I will be shooting for an average income of $2,500 to stay on pace with the 30k goal. Feel free to track my progress at, and don’t forget to check the homepage for the latest challenger guest post.



My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.


  1. Wow, what a great project. I will certainly follow it closely and will strive to increase my income in 2012. I don’t know that I have what it takes to do $30,000 in 2012 since I am starting from a fairly low base, but I sure that significant strides can be made. I will be following with great interest!

    • I hope our regular posts and the leadership board will help you out with your blog! Glad to help CFM!

  2. This is so fun. I look forward to reading about everyone’s progress.

    • I’m looking forward to it too! Everyone should have some great input for what they’re doing in 2012! I know I will! 🙂

  3. I think Bart Scott of the jets said it best, “can’t wait.”

    • Me either!

  4. I love this kind of challenge! At first I thought, there is no way that I can make $30,000 in a year, but then as I thought about it, it seemed more possible. A challenge like this is just what I need to stretch my self! Great idea.

    • I know what you mean Melissa. Having a goal or challenge helps make it more tangible (at least to me). 🙂

    • I bet you can do it! Based on your visitor numbers, you should really be able to make some coin!

  5. I like your innovation Derek and Corey, and have no doubt this will be a phenomenally successful project for you both.

    • Thanks Hunter! I think it will be a big hit too! Can’t wait till 2012! 🙂

  6. Awesome, am very eager to follow it and soak in what everyone writes about on this rockin challenge!

    • We won’t let you down! Get ready for some good info! 🙂

  7. Great idea! I’d like to take on that challenge, but it would be a tough one for me at this point. Good luck and I’m looking forward to reading about it.

    • Maybe you can join in 2013! Keep working on that online revenue and get ready! Thanks for the comment Jeffrey.

  8. I will be signing up. It sounds ambitious to me but I am still going to try. You never lose when you try.

    • Awesome! Glad to hear it Miss T!

  9. I love the idea of this project, and I will also be following along! I can’t wait to hear how you guys do.

    • I’m glad you’ll be following the project! I can’t wait for it to get under way!

  10. I’m excited to follow along!! what a great challenge to not only increase readership and income, but to increase relationships between bloggers : )

    • I’ll be looking for your comments on the site! I can’t wait! I think it’s going to be a big hit! 🙂

    • Indeed! Can’t wait for that competition to start! 🙂

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