Tag: Money Management

Two Things I Will Do Differently to Achieve My January 2024 Target

And Five More Secret Tips Below

Image created using Canva by Author

Why $65 instead of $50?

I realized I needed to add up the “loss” from the withholding tax of 30%.

Thus, I need to multiply $50 x 1.3 = $65

But how much have I already earned?

I have six more days to reach the goal.

Am I able to reach it?

Yes, if I can get at least $1.00 per day for the next 5–6 days.

Unfortunately, the earnings have dropped lower than a dollar for the last few days.

As much as I have spent several hours reading and engaging with others, the numbers have dropped.

I need to return to the drawing board and understand what’s happening.

I probably have a few things that contribute to this lower readership or earnings:

  1. Fewer articles behind the paywall. For some strategic reasons, I have published several articles for free (non-paywall). Most of this is for my general tech audience and marketing materials.
  2. Fewer articles were published about “money-making” topics, which are very popular among readers.

Five Tips That I Will Try for My Upcoming Writings (You can try these too!):

  1. Listicles and Guides: These structured, easy-to-digest formats often go viral. They break down information into bite-sized, numbered, or bulleted points, making them highly shareable on social media. For example, a travel blog might create a listicle like “10 Must-Visit Destinations in Europe,” which outlines top travel spots, offering quick insights and engaging visuals for each location.
  2. Storytelling: Incorporating narratives in your content can deeply engage your audience by connecting emotionally. For instance, if you’re writing for a fitness website, you could share a personal journey of someone who overcame challenges to achieve their health goals. This not only inspires readers but also makes the content relatable.
  3. Regular Features: Establishing a series of recurring columns can build a dedicated following. Readers return for the familiar format and content. A cooking blog, for instance, might have a weekly feature like “Sunday Supper Specials,” where a new recipe is shared every Sunday, encouraging readers to anticipate and return for these posts.
  4. Email Newsletters: Keep your audience engaged and informed by sending regular newsletters. This could include updates, latest posts, or exclusive content. For example, a tech review site could send a monthly newsletter featuring a roundup of the newest gadget reviews, tech news, and a sneak peek at upcoming content.
  5. Guest Blogging: Writing posts for other blogs can expose you to a new audience. Choose blogs that align with your niche to attract readers who are likely interested in your content. For instance, if you run a photography blog, guest posting on a popular travel blog about “Top Photography Tips for Travelers” can attract travelers interested in photography to your site.
  6. Interactive Content: Engaging your audience with interactive elements like polls, quizzes, or infographics can increase your site’s engagement and time. For example, an educational website might include a quiz at the end of an article about history, testing readers on what they’ve learned. This makes the learning experience fun and encourages readers to interact with the content.

Thanks for reading this, my friends!

Any new suggestions? It will help me to achieve my goal this month!

UPDATE (January 31, 2024)

Voila! Yay! I achieved my target! Just an extra $0.65 above my target! I felt delighted!

Related Tips

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Aiming for Sustainable Blogging: My Quest to Cover Medium Subscription Costs

Photo by Alexander Mils on Unsplash

Embarking on a Monetization Journey

Less than a week ago, I took a decisive step in my blogging journey by opting for a Medium membership. Before this transition, I was a casual blogger on the platform, sharing my thoughts without the ‘member’ tag attached to my profile. As the years rolled by, I noticed a transformation in the content landscape of Medium. The platform started to brim with tantalizing, insightful, and valuable content, sprinkled generously with practical tips for readers like me.

Hitting the Subscription Button

As a non-member, my access to these treasure troves of information was restricted, limited to only a few full articles per month. The tantalizing urge to delve deeper into this reservoir of knowledge finally nudged me to hit the subscribe button. And so, a week ago, I found myself armed with a Medium membership and unlimited access to the wisdom shared by fellow members.

Engage and Earn: My Early Observations

In the days that followed, I immersed myself in the universe of member-generated content, actively reading, and engaging with the pieces that resonated with me. My comments section started buzzing, reflecting my thoughts and initiating conversations with the authors. This active engagement inadvertently acted as a beacon, drawing more readers towards my blog.

Then came the cherry on top: earnings from Medium’s Partner Program started trickling into my account. While the amount was modest, to say the least, it marked a significant milestone in my blogging adventure.

Daily Dose of Startup Chronicles

Motivated by this initial success, I am now committed to sharing daily insights from my journey as a startup founder. The road traversed by founders is nothing short of a roller-coaster ride, featuring an intriguing mix of highs and lows, victories and challenges, learning and unlearning. Through my blog, I aim to offer you a front-row seat to this exhilarating journey, with the hope that my stories will not only engage you but also offer valuable lessons and insights.

Photo by Mufid Majnun on Unsplash

Inviting You to Join My Journey

The initial earnings may be small, but they symbolize a big leap towards my goal of making my blogging endeavor sustainable, at least enough to cover the cost of my Medium membership ($5 a month). With each day and every new post, I am moving closer to this goal, fueled by my experiences and your engagement.

So, keep those comments coming! Engage with my posts, share your thoughts, and let’s keep the conversation going. Together, we can create a space that is not just informative and valuable but also supportive and engaging. Looking forward to having you with me on this exciting journey!

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