Well, I’ve been thinking about money more often lately. In fact, the last year in particular I’ve really been focused (in part the effect of which is the existence of this blog) on making MORE money and being more effective with it. For better or worse money is the set of “wheels” that move you around in this world. Sure, you can walk, but if you want to get where you’re going at any good speed you need a vehicle suited to the task.
Sometimes when I go to sleep at night I actually get excited thinking about how to manage the money I’m making now from some income investments. It’s enough to make me start to think that it will eventually help support me in the future. I’m not interested in becoming wealthy for wealth’s sake. In fact, one thing that the greater study of money has taught me is just how boring it is in a way and how ultimately true meaning is not to be found in money at all. Of course I’ve always known that intellectually, but it’s different when you start to feel it. Once you start taking control and growing your money consciously, you almost stop needing to worry about it so much because you can see how it will take control of itself.
My blog has been a surprising source of some money. Not much; but more than I anticipated back when I first tried putting up some ads. This blog is in its tenth month of publication now and it’s producing in just ten days what it took an entire month to produce back in August. As for visitors, this month has already surpassed the number of January visitors. I’m hoping it will do the same monetarily. January 2009 was the best income month on record as a result of my own efforts (September 2008 was a particularly good money-making month due to an unusual number of high-traffic incoming links).
Put another way, I’m making more from this site per month than I make from my dividends in total. That’s pretty good. I can be happy with that! My plan is just to use this money to reinvest in more dividend-paying companies. There are so many ways I’d like to use the money though; it’s hard to decide. Hopefully I can still grow this site as a source of income. Hopefully it continues to increase even after the one-year mark. If you have a blog that’s been up longer than that, it would be good to hear about the income-curve as you’ve experienced it.
I also feel that the more money I make, the more meaning I’m able to bring into my life because I have to worry less about making ends meet and just plain getting ahead with my own life. Some people will object that the more money you have, the more you spend, so the more you’ll need, etc. etc. That may be true for some people, but when you’re already living below the poverty level, then getting bumped up to the next income class really does make a substantial difference in how you can allot your personal resources. Right now I’m stretched pretty thin and so that’s why it feels so often like I’m just thinking about money, money, money and how to make more of it and more importantly, how to invest the extra money I make.
So, more money = more meaning; but one does not exist because of the other. One just creates the possibility for having the other. Cashflow = what I call “life leverage.”
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Interesting. I do not get much income from my blog at this point. In fact I do not really even fully cover the hosting costs right now. I am hoping to fix that in the long term but have been pretty lazy about it.
I hear ya on the more meaning part though. For me right now more money = less student loans = less stress and more life for me!