I’ve been a financial advisor and entrepreneur for many years, and I have had some big successes along the way. On days where I receive a big payday or one of my ideas works well, it’s hard not to be completely overwhelmed with pride.
When I finally added Google Adsense to my website, I was able to earn my first $100 payout within around three months. This is pretty cool, but a lot of people have asked me how I earned so much with Adsense at first. For that reason, selling text links isn’t a good long-term monetization strategy. You can do it every once in a while without any negative impact, but you’ll live to regret it if you get greedy and overdo it.With a sponsored post, a company pays you to talk about their product or service on their website. While I initially made $100 to $200 for each sponsored post I did on Good Financial Cents, I kept jacking up my rates over time.
Some freelance writers I know are even earning six figures or more writing from home each year. This includes blogger Holly Johnson, who earns over $200,000 per year writing articles for other websites. Johnson also offers a course you can check out if you want toWhen I started my blog, I envisioned my website as a marketing tool to get new clients for my financial practice planning.
Also note that it’s not just life insurance companies willing to pay for leads. There are a ton of different avenues and lead generation strategies out there, so make sure to consider all the possibilities.There are all kinds of digital products out there, but there is always room for more. I even have a few of my own!where I show you how to start a blog and make your first $1,000, for example, I have a $7 upgrade that includes some PDFs and behind the scenes video.
Keep in mind that it’s crucial to have traditional investments in addition to an online business that can help you rack up passive income. Just open an account with Scottrade, TD Ameritrade, or another online brokerage and you’re good to go.
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