Blogging as a Business

10 Financial Habits Every Money-Making Blogger Should Have


Blogging has become a popular way for individuals to share their knowledge, passion, and expertise with the world. However, for those who are looking to turn their blog into a profitable venture, it is essential to develop good financial habits. In this article, we will discuss ten financial habits that every money-making blogger should have.

1. Budgeting

Creating and sticking to a budget is crucial for any blogger who wants to make money from their blog. A budget helps you track your income and expenses, allowing you to make informed decisions about how to allocate your resources.

2. Tracking Income and Expenses

Keeping a detailed record of your blog’s income and expenses is essential for understanding your financial situation. This information will help you identify areas where you can cut costs and maximize your revenue.

3. Diversifying Income Streams

Relying solely on one income stream can be risky. As a money-making blogger, it is important to diversify your income sources. This could include affiliate marketing, sponsored posts, selling products or services, or even creating online courses.

4. Saving for Taxes

As a blogger, you are responsible for paying taxes on your blogging income. It is crucial to set aside a portion of your earnings for taxes to avoid any financial surprises when tax season arrives.

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5. Investing in Professional Development

Investing in yourself and your skills is essential for long-term success as a money-making blogger. Consider attending conferences, taking online courses, or hiring a coach to help you improve your blogging skills and stay ahead of the competition.

6. Building an Emergency Fund

Having an emergency fund is crucial for any blogger. It provides a safety net in case of unexpected expenses or a drop in income. Aim to save at least three to six months’ worth of living expenses in your emergency fund.

7. Tracking and Analyzing Blog Metrics

Monitoring and analyzing your blog’s metrics is essential for understanding its performance and identifying areas for improvement. Keep track of metrics like page views, bounce rate, conversion rates, and engagement to make data-driven decisions for your blog.

8. Setting Realistic Financial Goals

Setting realistic financial goals is important for staying motivated and focused on your blogging journey. Whether it’s earning a certain amount per month or reaching a specific number of subscribers, having clear goals will help you stay on track.

9. Regularly Reviewing and Updating Monetization Strategies

The blogging landscape is constantly evolving, and what worked yesterday may not work tomorrow. Regularly review and update your monetization strategies to stay relevant and maximize your income potential.

10. Seeking Professional Financial Advice

If you feel overwhelmed or unsure about managing your blog’s finances, don’t hesitate to seek professional financial advice. A financial advisor or accountant can provide guidance tailored to your specific situation and help you make informed decisions.


Developing good financial habits is crucial for turning your blog into a profitable venture. By budgeting, tracking income and expenses, diversifying income streams, saving for taxes, investing in professional development, building an emergency fund, tracking blog metrics, setting realistic financial goals, regularly reviewing monetization strategies, and seeking professional advice when needed, you can set yourself up for long-term success as a money-making blogger.

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