There are so many personal finance bloggers out there these days, and many of them started out just like I did – they were in debt and they desperately longed to get out. Their blog is simply a way for them to share their progress with the world and stay on track with their goals at the same time. At best, many of these bloggers come up with a decent way to save money with coupons, but out of this large group of debt-dumpers emerges a handful of truly insightful personal finance writers. These are the people that I love to find because their writing is often inspirational and motivational. Their articles don’t just talk about coupon clipping and saving money by finding foods near the expiration date. Their articles go beyond surface-level observations. Their writing could change the world. These are the types of articles I search for each and every week.
Top 4 Personal Finance Articles From This Past Week
This past week was actually a pretty decent one for finding these insightful articles. Check out the four posts below. They might just change your life!
What’s Your One-Page Financial Plan? – by Couple Money – While this post was mostly just an incentive article (free book giveaway), it struck me. As my fiance and I are digging into the details of wedding planning, I am realizing that it’s pretty easy to forget about what’s important. Sure, we could plan a kick-butt wedding and have a blast, but what about after the honeymoon is over? What plans do we have together? It doesn’t have to be complicated, but we need to make sure that we’re heading in the same direction and have a purpose in this life. The one-page financial plan will do just that. Thanks for the post, Elle!
Why Stock Picking Get’s You Nowhere – Grow Your Dough Update – by Frugal Rules – When picking stocks, much of what we know is regarding the short term, and we almost always let our emotions (thanks TV…) get in the way of logical stock trading. As John pointed out, it’s probably best just to leave the stock picking up to the professionals. Or, better yet, we should all probably just invest in index funds that follow the market, rather than always trying to beat it. Why not be happy with 10% returns when the effort is minimal?
To Build Greater Wealth, Never Sell Your Income Producing Assets – by Yakezie – At this moment, I have just a couple of wealth building assets. One of them is my 401k and the other is this blog. In order to get truly wealthy, I’ll need to increase my number of wealth-producing assets, AND I’ll have to be sure not to sell them. If I were to sell this blog today, it might net me $10,000. That would be cool and all, but that would then deplete my monthly income and would leave me scrambling for another way to earn money. The truly wealthy people hardly ever sell their wealth-producing assets. They just keep building them, and then keep earning more and more with each asset. This post was an excellent reminder of that.
10 Ways to Invest in Yourself to Change Your Life – by One Cent at a Time – Set goals, learn, allow for creative time – each of these tips are excellent ways to improve yourself and change your life. Our time on this earth is short, so don’t waste it by watching TV or working 24/7 at your day job. What makes you happy? How can you invest in yourself in order to improve your life while you still have it? Start asking these questions and your life will almost definitely change for the better.
My Goal Progress After Week #14
My goals are to, by the end of the year:
- Increase my visitors from 7,915 a month to 15,000
- Increase my Facebook followers from 534 to 1,000
- Increase my Twitter followers from 1,776 to 3,000
- Increase my subscribers from 1,088 to 2,000
Time is ticking and I have not yet hit any of these goals. Granted, it still is fairly early in the year, but these goals will definitely stretch me to do more and get better. It’s a good thing, but it doesn’t necessarily come without a little anxiety. Let’s see where I stand after all my efforts this past week.
Monthly Visitor Numbers
My monthly visitor numbers still look awesome. In the last 30 days, I have had 14,437 visitors on my site! That’s pretty incredible when you think about it. Every single day, nearly 500 people are scanning my site for information and might be radically changed because of it. That’s pretty awesome! Hopefully I can hold onto these numbers and maybe even improve them throughout the remainder of this month. All I can do is write more solid articles and possibly get a little better at marketing (which is definitely NOT my strength).
Well, Feedburner finally decided to drop my numbers back down to it’s typical standard. No biggie though. I can still see that my subscriber numbers are improving. On average, it appears that I gain about 10 subscribers per week. At some point here, I’ll need to hold a promotion to push a bunch of my non-subscribing readers into signing up so that they get my email updates. My current subscriber numbers according to Feedburner are 1,133.
Well, I said I was going to work on improving my Facebook numbers and I have done exactly that this past week. Instead of just posting my regular updates once every two days, I started posting thought-provoking questions and life updates – you know, more personal stuff. With this seemingly small change, I have already noticed a pretty big difference. Retention is up, comments are up, and so are my Facebook friend numbers! Last week I was at 574, this week I’m up to 580. Not too shabby. I’m going to try to keep this up as long as I can, and hopefully I’ll continue to see this number increase.
Unfortunately, by focusing so heavily on my Facebook account, I ignored my Twitter account somewhat. I did not set up Hootsuite at all this week and therefore had a very limited number of Tweets sent out. Because of this, my Twitter follower numbers were flat and remained at 2,020. I’ll have to make a point to do better at Tweeting this week, but not at the expense of my Facebook account.
Overall, I’m still pretty happy with my progress. My visitor numbers are excellent, the subscriber numbers are still going up, my Facebook friends are engaged, and my Twitter followers are still there. I’ll keep working hard to improve and hopefully we’ll see another jump in the numbers next week!
Any suggestions on how I could grow my numbers even faster? Let me know!
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.