Business Idea

Start A Finance Blog

About

Starting a finance blog requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell finance blog, or selling finance blog online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start a finance blog ➜

Key stats

market size
$400B
revenue (monthly)
$40.6K
starting costs
$35.6K
gross margin
80%
time to build
5 months
growth
SEO
business model
Advertising
time investment
Side project

About

Starting a finance blog requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell finance blog, or selling finance blog online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start a finance blog ➜

Key stats

market size
$400B
revenue (monthly)
$40.6K
starting costs
$35.6K
gross margin
80%

 

time to build
5 months
growth
SEO
business model
Advertising
time investment
Side project

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $35 $3,250
Employee & Freelancer Expenses $0 $5,500
Equipment & Supply Expenses $500 $5,000
Website Costs $232 $6,500
Business Formation Fees $5,600 $20,400
App Creation Costs $1,000 $20,000
Software Expenses $150 $3,044
Total Startup Costs $7,517 $63,694

Successful Businesses

Business URL Rank
daveramsey.com daveramsey.com #8,213
Bogleheads bogleheads.org #26,137
Association for Financial Professionals nafp.wildapricot.org #28,433
DollarSprout dollarsprout.com #35,974
Making Sense of Cents makingsenseofcents.com #37,734
Millennial Money Man millennialmoneyman.com #82,152
The Ways To Wealth LLC thewaystowealth.com #142,961
FITnancials fitnancials.com #152,499
Astute Actions Inc moneyning.com #255,636
Prosmartrepreneur prosmartrepreneur.com #276,516
unknown cfstaffing.com #733,609

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Little startup costs required The cost to start a finance blog costs significantly less money than most businesses, ranging anywhere from 7,517 to 63,694.
Rewarding work Starting a finance blog can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
Traffic to your website A finance blog gives people a reason to visit your website and to keep coming back to you!
Cons Description
Crowded Space Competition is high when it comes to your finance blog, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Constant maintenance of publication You may find yourself constantly needing to update your finance blog in order to stay relevant for your audience and for those searching on google.
Motivation of employees If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.

Marketing Ideas

  • 1

    Word of mouth

    The most tried and true way to grow a finance blog is through word of mouth - some entrepreneurs would say it's more important than all social media.

  • 2

    Advertising on social media

    Social media advertising is one of the leading ways to get the word out when it comes to finance blog.

    There are various different Social Media platforms available to you. Some may be more critical for your marketing efforts than others, however, it's important to have an understanding of what's out there and available to you.

    Learn more about advertising on social media ➜

  • 3

    Facebook Community

    Building a community is a great way to grow your network and your business. There are several different ways of building a community, one of the most effective (and simplest) ways is to build a Facebook group.