Make More Money With Multiple Blogs
By now, most of us have heard that the best way to make money blogging is by having more than one blog. With multiple blogs you can diversifying your niches just as you would with mutual funds in the stock market. A good mutual fund invests in several different types of stock with several different companies. The money adds up and because all of your eggs are not in one basket, mutual funds are safer than investing in just one stock. The same principal applies to blogs but with blogs you don’t necessarily diversify for the safety of the investment because a blog doesn’t cost much to run. With blogs, you diversify to make MORE money. The average web hosting for a blog is around $7 a month and with most hosting companies you can also get unlimited add-ons for that price, so why not have more than one blog? All you have to pay for is a new domain name but if you don’t want to buy a name, you could even start some more blogs using a free hosted site such as WordPress.com or Blogger.com and use those blogs to drive traffic to your main site by linking them in your posts, or sidebar. (WordPress.com and Blogger.com provide free hosting but you do not own your domain name and there will be restrictions on ad usage.) By having multiple blogs in different niches (categories) and getting streams of income from all of them, you could make a very hefty yearly income right from your own home.
I have recently started two other blogs besides MomsCashBlog and later I hope to start more. I plan to keep them separate from MCB and I even have a friend who is interested in blogging and is working with me to learn about blogging. (and it’s great to have someone to dish with about blogging! lol). MCB makes pretty good money but I want to branch out and make MORE money and learn all I can about how to make money online. I can then pass what I’ve learned onto everyone who comes here. I am enjoying the process and the creativity it takes for each one of them. What I really like is that I can use all of the different aspects of my personality on my different blogs. With this blog, I’m pretty much boxed into a tight niche where I am teaching what I’ve learned about making money online so it’s not really appropriate for me to just talk about myself or certain things that interest me.. on the other ones I can say whatever I want and there’s freedom in that. (more…)
