Today I just stumbled across an article about one of the top 10 personal finance blogs based on traffic. The article is about Bargaineering.com, a personal finance blog that is so successful that the owner decided to leave his 9-5 job for full-time blogging. Jim Wang makes $10k per month from his blog now, 4 years after his first post in 2005.
While other bloggers are in debt and have no clue about money, Jim Wang was raised in a family where personal finance and money was taught from a very young age. His father even persuaded him to open a Roth individual retirement account when Wang was a teenager!
The blog’s traffic skyrocketed late 2005, a few months after his first post, because it was mentioned in the New York Times, covering blogs that reveal the owners’ financial details. Wang writes down everything that he does in his life, especially about his personal finance. In his blog you can find lessons that he had learned when buying a house or getting married.
His philosophy: Save money on things you don’t care about; spend it on things that are important to you. He learned that from his parents, who kept the thermostat low to save for visits to their native Taiwan. At the moment, Wang is teaming up with blogger J.D. Roth, founder of GetRichSlowly.com to launch an online radio show, the Personal Finance Hour.
Popularity: 4% [?]
4 Responses
This is great, there are so many great ways to break out of the daily grind. I found
it started with a simple step, being prepared to learn something new, and
investing in something which showed me how. With some effort and perseverence
you can build a second income, or even multiple income streams when working
your day job. I quit my day job, summer 2008, I now love Monday mornings.
You owe it to yourself to do something for your future freedom
Posted on March 30th, 2009 at 2:32 am
wow… $10k /mont it’s really, I want but how to make that..
Posted on June 29th, 2009 at 9:11 am
I wonder if he makes it from direct ad sales or third party text ads like Google Adsense. I see Adsense on the site too.
Posted on July 20th, 2009 at 7:33 am
Nice!!
Posted on October 5th, 2009 at 5:02 pm
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