Free Ebook.

Enter your email address:

Delivered by FeedBurner

« An Example of What I've Been Talking About | Main | Help a Reader: HELOC »

February 19, 2009


Feed You can follow this conversation by subscribing to the comment feed for this post.

The money got from blogging, is it tax-able?

Yes, like almost all income (maybe all?), it's taxable.

Most of my family's income comes from the 20 hours a week I spend doing professional blogging -- mostly on behalf of companies. There are definite opportunities in blogging.

I read the posts (all 22 or so) and the question still is, where does the money come from? I am interested, but not well versed in these it based on the traffic itself, or who your readers might click through too, i.e. I see Visa here, ING Direct, etc.
Good of you to explain it all my Grandfather always used to say, everyone has a story to tell.

I'd love to give my .02 on this matter. :) Matt asks where the money comes from and in fact, it comes from many sources. In fact, it's best to be as diversified as possible. Most sources of income are through ads. Some are from affiliate relationships, others are from writing gigs, as Miranda mentions. It's a little bit here and a little bit there, but they all add up.

To make an income significant enough to make a dent, you'll need decent traffic. You don't have to be a big blog, just a well-positioned one in a good niche that can attract a moderate amount of traffic. If anyone wants to get into blogging, I'd suggest going into a niche that you know well -- to increase your chances of longevity in the "field" and so that you have credibility. It's important to love what you do, I think.

Its really cool that your posting this info.

It should be noted that you'll be making practically nothing for a while and writing a good blog takes time and effort. It's not easy money. I only consider my blog profitable because it's making me a better steward of my money.

Nice post...not going to sugar coat it for people though. Yes, you can make money from blogging. No, it is not easy. Many people start blogging thinking they will see hundreds of dollars a day within weeks. Not the case. I tried blogging and made a measly $100 within my first year! Horrible, I know. Then again, I did not stick with it all the way through. It takes dedication and time, and if you have these two, the opportunity is endless.

Once again, nice post!

Hey FMF - considering all the 2 cents advice you get from readers like me you ought a be rolling in the dough.

Great post, I will be studying some of the tips here to apply to my blogging experience.

Matt --

I'd recommend the Problogger book mentioned in this post if you want more details:

I'm hoping to eventually make some money blogging, but I still feel like it's helping me even if I never make a dime.

Like Miss M commented above, it's making me a better stewart with my money. I've learned a lot, and it's jump started my desire to improve my finances.

I'm also hoping that in the long term, I could use the tax advantages of owning a business to signicantly reduce my tax bills.

Thanks for the tips!

Coincidentally, I took your advice and finally started my blog. I hope that I can be a fraction as successful as you. Thanks for the nudge in the right direction.

Just like retirement, it takes time and focus to reap the rewards. If you open up a blogspot account and post once a week thinking you are going to tell your boss to shove it, think again.

Blogging should be first looked at as a hobby, secondly as a source of income.

Looking forward to this sereies. I did a post a while back looking at how much some pf bloggers (of all sizes) can make and found that to make a decent income you needed about 3000 visitors a day to make a decent side income (abobut $100 p/day). I started my blog about 12 months ago earning about $10 a month and am now up a $1000+, so with some hard work, time and motivation it definetly can be done. Offcourse sites like yours are always a great inspiration for ideas.

Looking forward to picking up some fresh tips. Currently blogs are just one component of my online income. Because of their versatility and ease of use they're great for beginners and veterans alike. Even if you no absolutely nothing about HTML or web designing you can create a great looking blog in minutes. I agree with Andy that you need a lot of traffic to generate income and that's where I spend of lot of my time. Kudos!

Your directions to keep at it for quite some time are right on. If you show P&C (Persistence and Consistency), you can prevail in the blogging world.

I tell my coaching clients that learning how to get a blog up and loaded with top shelf content is a life skill that will help them the rest of their lives.

I strongly believe that working a "make money from blogging" plan is much easier and much more attainable than building a MLM down line or succeeding in a binary pay plan.

Take care and have a great day.

The comments to this entry are closed.

Start a Blog


  • Any information shared on Free Money Finance does not constitute financial advice. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser. Per FTC guidelines, this website may be compensated by companies mentioned through advertising, affiliate programs or otherwise. All posts are © 2005-2012, Free Money Finance.