"One of the most tragic things I know about human nature is that all of us tend to put off living. We are all dreaming of some magical rose garden over the horizon instead of enjoying the roses that are blooming outside our windows today."Dale Carnegie
|
| |
Best Refinance Mortgage Rate - Improve Your Odds Of Getting A Low Rate
Obtaining a mortgage refinancing has several benefits. However, the only way to realize these benefits is to qualify for a low rate mortgage. Even though refinancing a home is ideal for securing a fixed rate mortgage, without acquiring a lower rate, you ...
The Cost Of Refinancing - What Costs To Expect When You Refinance Your Home Mortgage Loan
Refinancing can save you thousands, especially if you have several years left on your mortgage. However, you can also choose to refinance simply to tap into your home's equity or reduce your monthly payments. "How much will it cost?" is a common question ...
Using the internet to manage your family's finance
The effectiveness of managing family finances has never been more significant, as parents struggle to find a balance between work and family life. A recent study by Mother and Baby magazine has found that new parents are getting less sleep than previous ...
|
|
|
| |
Blogging is the latest innovation to take the web by storm. According to blog tracking firm Technorati, there are currently 20.6 million blogs with thousands more added every day. According to Blogherald, 30% of internet users (50 million people) are blog readers. In short, a lot of people are reading and writing blogs.
A popular blogging sub-segment is the one centered on money and personal finances. The web hosts a wide variety of people talking about money, giving financial advice, and tracking their own finances electronically. But why do these bloggers share some of the most intimate details of their personal finances?
"Personal financial blogging compliments the money management articles I write," notes Jeffrey Strain of Personal Finance Advice. "While articles are able to give the basics of how to implement money saving techniques and ways to invest, the blog allows me to show step by step how I use the information in my daily life."
Others began blogging out of a need to get a handle on their money. "I started blogging because I was fresh out of college and making more money than I'd ever seen before," states Jonathan of MyMoneyBlog. "I had almost two thousand dollars of disposable income every month. Instead of moving into a nice apartment in the city and buying a BMW like my friends, I maxed out my 401(k), stayed in my college apartment, and started this blog to document my thoughts, ramblings, successes, and mistakes towards my goal of financial freedom and traveling the world."
The final perspective that seems common among financial bloggers is one centered more around the reader than the blogger. FMF of Free Money Finance and JLP of All Things Financial are good examples of this approach. "I'm sharing principles that have helped me grow my net worth substantially in an effort to help others do the same," comments FMF. JLP has similar reasons. "I have a personal finance blog to share information that I think is important with my readers. My blog essentially allows me to publish a low-cost newsletter and save trees at the same time. I also like the fact that I can link to important information (something that is hard to do with a paper newsletter)."
But no matter the reason for blogging, these financial bloggers draw from their own personal experiences and write about them quite honestly. Here are some examples:
JLP has shared the details of the H&R Block tax class he's been taking
FMF has given his criteria for when he will and won't use a financial planner
Jonathan has detailed his renting woes
Jeffrey has covered (in detail and with pictures) the $235 bet he lost
No matter what their reason for writing, all of these blogs are both informative and entertaining. It's easy to see why readers keep coming back for more.
About the author:
Courtesy of Saving Advice
|
|
|
|
|
|
The week's top Personal Finance storiesMarketWatch - 13 minutes agoBy MarketWatch In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of Nov. 17-21: By 2011? No recovery? ... |
|
