Bloggers’ incomes range from a few hundred dollars to millions per year. On average, a diligent blogger earns approximately $3,137 monthly. Proficient bloggers boast monthly earnings exceeding $100,000.
Finance bloggers tend to have multiple income streams from speaking engagements, consulting gigs, and book deals.
Popular Finance Blogs Earnings
Popular finance blogs generate significant earnings:
- Smart Passive Income: $200K-$500K annually.
- Money Saving Mom: $10K per month.
- Good Financial Cents: $40K-$50K monthly.
- Making Sense of Cents: $100k+ monthly.
Setting Up a Financial Blogging Business
When setting up a financial blogging business:
- Decide the focus
- Choose a niche
- Implement monetization strategies
Many bloggers earn $200 to $2,500 monthly in their first year. Established bloggers implementing strong strategies earn $3,500 to $15,000 monthly. Personal finance blogs can be highly profitable. With enough search engine traffic, a single blog can earn five to six figures monthly.
Earning Roadmap for Strategic Bloggers
As a rule of thumb, strategic bloggers can start earning $30,000 to $60,000 in their first year. This can double or triple in year two. There are always exceptions as some earn more while others earn less.