A Super Smart Way To Get Out Of Debt This Year By Starting A Blog
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This post is about how to get out of debt with a money making blog.
If you’re like most people in the world, you’re probably trying to get out of debt so that you can finally stop living paycheck to paycheck.
You’ve probably tried numerous times to pay off your debt, but something always keeps happening that completely throws off your plans and you’re still trying, to this day, to get out of debt.
This post may contain affiliate links. Please read my disclaimer for more information.
Not only that, it could be that the salary you make in your day job isn’t enough to care for your family and spare enough cash for you to get out of debt as fast as you need to.
In a situation like this, you need a different way to make enough money to pay off this debt. But what can you do?
But what can you do?
You can take a side job online. That might help, by allowing you to make a few extra hundred dollars a month. But in many cases, the income from a side job is not sufficient, especially if you want to keep up your lifestyle.
There is another option for you
What if you could do something bigger?
Something that helps more people?
Something that you are in complete control of and are your own boss in?
Something that has no limitations to how much money you can make?
Something you can start for $3.95 monthly and still get the opportunity to do big things with?
Something that can finally get you out of debt and allow you to finally live life instead of merely surviving?
You can do all of this by starting a blog that can get you out of debt and living paycheck to paycheck.
How to get out of debt with a blog.
I will explain this a little later, how you can get out of debt with a blog, not only that, I will give you examples of people, just like you, who have started blogs as a way to get enough income to pay off debt, all while doing something they love and while not having to drastically downgrade their lifestyle. But first, here are some compelling facts to take note of:
1.Debt plays a very significant role in emotional distress and amplifies problems such as depression, suicidal tendencies, fear and panic and anger in many people around the world.
2. This is the percentage of people in debt by country
- In America, an estimated 80% of people are in debt.
According to Nerdwallet,
Debt is an unwelcome guest at the table in many American households. The average U.S. household with debt carries $15,310 in credit card debt and $132,086 in total debt.
According to The Money Charity
The average total debt per household – including mortages– was £55,442 in July 2016.
3. The average person owes approximately $50,000.00 in debt.
4. At the current salary level of the average person, it will take most people their whole lives to get out of debt. Not only this, the person trying to get out of debt will need to reduce their standard of living and forgo fun activities to be able to fully pay off the debt by this time.
5. Salaries in day jobs have increased by only 26% in the past 10 years and the cost of living has increased by 29% in that same period.
Takeaway From This
What you can see here is that the occurrence of debt is very common around the world, also, lack of adequate finances is very real and very common as well. The only thing that seems to be uncommon is finding effective ways to make enough money to get out of debt. This is what I hope this blog post can help you understand and start taking action on.
All of this information means a few things
The first being that at the average rate of pay, the average person will never be able to pay off their debt before the age of retirement.
Therefore, the average person will be going through their whole life with this burden, stress, and anxiety of not knowing for sure how to get rid of this terrible debt.
Here is how to get out of debt with a money making blog.
1.Blogging can help you make more money. Many times, bloggers earn way more than the person with a typical 9-5.
To be fair not every blogger makes money from their blog. An estimated 81% of people who start blogging make less than $100 from their blog because they did not use the right practices. The remaining 19% make tons of money because they put in the time, learning and effort to make their blog a success.
2. Blogging enables you to work smarter instead of harder. Blogging also allows you to work from home, which is great if you want to spend more time with family.
3. If you work to make your blog a success, you have the potential to earn whatever amount of money you want because monthly earnings aren’t fixed. Most serious bloggers start out earning a few hundred dollars monthly when their blog has just started, and as time goes by, this amount grows and grows. Check out this blogger who is earning $90,000.00+ monthly from blogging.
4. You do not need any fancy qualifications to make a successful blog. Literally, anyone can do it. You just need to be motivated and passionate to make a better life for yourself and your loved ones.
Something to note:
Many people advise those in debt to ‘cut down your expenses and live below your means’. I personally think that this sort of information is mediocre at its best. Think about this, who really wants to live below their means for so many years while paying off debt? Nobody!
What needs to happen is that people need to find ways to increase their means (income). The best way to do this is to start a business or side hustle. One of the easiest and cheapest side hustles to start is a blog. This usually costs less than $100 to start and you can be earning a full-time income or more from your blog in under a year.
Many people are doing it, and you can too. Don’t believe me?
Here is a list of bloggers understood how to get out of debt with a blog!
1. Michelle who blogs over at Making Sense of Cents: She has successfully paid off $40,000.00 in student loans in 7 months. She started off making $0 from her blog and grew it to the point where she is making $90,000.00+ monthly.
2. Travis who blogs over at Enemy Of Debt. He has paid over $26,076.75 of debt by blogging.
3. Cait who blogs over at Cait Flanders (formerly Blogs On A Blonde). She paid off $28,000.00 of debt.
Most of them started off just like you, or maybe even deeper in debt that you currently are, but, the important thing is that they realized that they needed to make a change and they did. They studied and implemented the principles of how to get out of debt with a blog and they worked hard on their blogs!
Will you make a change that will help you live a better life?
The choice is yours and it is so simple and easy to start.
Still not convinced you can do it?
Here are my own blog stats. I am just a regular person on a mission to make a better life for myself and loved ones. I launched this blog is September 2016 and my growth has been as follows:
Making money from a blog, like anything else in life is not automatic. You have to work for it!
Be very mindful of the fact that merely starting a blog will not get you out of debt.
The only way to ensure that you succeed at your blog and finally get the ability to conquer your financial problems is to start a blog and work hard on it.
What’s awesome is that everything you need to have a successful blog is available to you online. You can learn all the principles of how to monetize your blog, get valuable traffic to your blog, create a meaningful community for your readers on your blog all online line with a simple google search.
Taking time to learn this information on how to get out of debt with a blog has never been easier!
The best part is that you do not need any fancy degrees or qualifications to start your own blog!
Give it the best you’ve got, because it is all possible to be successful. Remember, all of the successful bloggers are just like you and me!
So, if you are ready to start a blog to make money to get out of debt, check out this step by step guide to set up your blog.
Additionally, there is plenty of information on the basics of starting a blog and making it successful. You can learn all you can if you’re interested in starting a blog that will enable you to pay off debt right here or anywhere else online that suits you.
Also, ask me any question pertaining to how to get out of debt with a blog. I will try my best to answer from what I know and if I do not know, then I will find out who knows and send you a link to their blog or website so that you can learn from them!
If you are reading up to this point, then you are very determined to finally beat your debt and I applaud you for that.
Here is how you can start a money making blog very frugally for only $47.40 for your first, full year of blogging.
Also, for anyone in debt, this is an excellent resource to read to keep you motivated to get rid of your debt.
Let me know if you appreciated this ‘how to get out of debt with a blog’post. Also, let me know if you want to start your own blog to get rid of debt. I will become your #1 supporter!
24 thoughts on “A Super Smart Way To Get Out Of Debt This Year By Starting A Blog”
Blogging is like any other job. The more work you put into it the better money you can make.
I agree with you fully Tara! I can’t wait to see the full fruits of my labor!
It is amazing how we can get some extra money working at home. Thanks for sharing this great info, it is really helpful!
You’re welcome Melanie! I will continue to share awesome info! Stick around for more please!
Blogging can really give you some extra, and very needed bucks. Thanks for sharing this!
This is so true Amy. Thanks for stopping by.
This is so awesome!!! How amazing would it be for the blog to get us out of debt! Great tips and ideas 🙂
Hi Ileana! The amount of time depends on you! The harder you push with your blog and the smarter you work, the more money you can make!
Blogging can definitely help, it’s perfect for earning extra income and if you play the right cards it can be your main source of income in time. There’s nothing like earning extra aside from your job to pay off debt.
I like the way you put it Elizabeth. Blogging can be a great source of side income, but if you work hard and smart, it can become your full-time income and even surpass a typical ‘full-time’ income. This is one of the reasons I love blogging so much. You get out exactly what you put in. There is no ‘set’ income and that’s great!
I wish I could make more money from blogging. What would you suggest I should I do to increase my income? I can work three jobs for much longer its so tiring.
Hi Ana! I suggest you become more strategic with your blogging. Make sure you have lucrative affiliate links on your blog and definitely get ‘valuable’ traffic to your blog. People who are interested in your content. Also, make sure you’re implementing proper SEO! Let me know if you need more help. I will be glad to share everything I know!
This is a wonderful post. I was a novice blogger and VA when I started and I am so glad that I take my chances.
Great Nicole! I’m glad you took your chances too. It sounds like you are doing good with your blog! Congrats!
You get what you put into things. Definitely sharing this with a friend. This post may be what she needs to get things going for her blog.
Thanks Christine. I hope this helps your friend out!
This is really useful information. I’m not in dept but could sure use a bit of extra money to travel and treat myself and my family.
This is great Caroline. Blogging can help you achieve this goal too!
Boy oh boy am I doing something wrong. I have a blog, but not that income, not even close.
Hi Rosey! You can get there with persistence. Also, make sure you’re providing value to your readers, this will surely help you earn more money if your readers are happy with your blog content and resources! Also, be sure that you’re when you’re working on your blog, you’re actually working on things that will help your progress. Many times bloggers focus on things that are not very important and will not push their blog forward.
I think blogs can be a great source of income. It’s awesome that people have been able to work their ways out of debt by blogging!
Hi Liz! I think it’s totally awesome too!
Thank you so much for this! This kind of post just pumps me up. I recently started a blog to spread mental health awareness, and it so personal for me. But I’m also looking to help get myself and my family out of debt. This just makes me feel like I’m making the right decision. Thank you!
Hi Brianne! I am so so sorry for such a late reply. I am also super excited that you have started your blog and you plan to use it to clear debt. You can definitely do it! I wish you loads of luck and prosperity and please feel free to reach out to me if you need any help or guidance! Cheers 🙂