The Pros and Cons of Blogging for Money

Image by Tracy Olson

You Blog, it’s become a part of your life (addictive isn’t it), and you spend a lot of time doing it. Should you earn from Blogging? How should you earn, and will turning your skills into a money spinner affect the integrity of your blog? These are all important questions to consider for the average blogger. In offering some tips, I am certainly not prescribing any course of action, because I believe the choices we all make in this area are highly personal ones. I would like, however, to point out some of the pitfalls I have experienced in this area and some of the things I have found to work.

The first question you should ask yourself is how am I going to earn money from Blogging? There are two main methods, Direct and Indirect. Direct income is best described as ‘Pay per Blog’, in that you get paid a fixed dollar amount for providing blog content for another person. It is a good way to build up a fixed amount of money, and a certain amount of experience, in the paid blogging industry. It is low risk, as you will be engaged by a third party and paid either per blog or per time period, say per month. There are no costs to yourself, such as web hosting or other advertising costs, and you will post onto a forum with an existing readership. Visit DigitalPoint to start searching for paid blogging positions.

The Second Method is to utilize your blog to earn cash for you. This will probably take the form of Advertising. The most common ad-program used by bloggers is Google Ad sense, but there are many others. For a great Introduction to this subject see Problogger.

When you have decided on your method of income generation, I believe it is time to ask yourself the question, should I really utilise my blog to earn income? Many people would argue that this is the first question you should ask, but I disagree. I believe that many bloggers, who are not already making money, need to know how before they can ask should I? Next time, the dangers of becoming a money blogger. TTFN

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