The terms “blogger” and “freelancer” are often used interchangeably to describe ourselves, but it’s important to differentiate between the two to minimize disappointment and maximize profitability. One can certainly be a blogger with a freelance business or a freelancer with a blog. However, to do one successfully requires a different skillset.
I’m a blogger first with some services I offer to anybody or any business looking to develop a presence online or seek help with their personal finances. However, such services are not my main focus as I limit my clientele to four a month maximum. The reason why I limit my consulting is because I mainly want to write, which is my joy. If I wanted to work, I wouldn’t have retired!
Whether my writing makes money or not is secondary to being able to share some thoughts and interact with the community. It’s always going to be this way. The thrill of getting picked up by some major media organization or doing an interview on a public radio station is addicting. So is learning about different perspectives from readers all around.
As it turns out Financial Samurai generates enough income to eat ramen noodles in San Francisco. But again, this is a side product because I’m currently living off my passive income streams in CD interest, dividends, and rental income. Everything generated from my blog is a bonus.
Despite four years of blogging, I’m still struggling immensely with selling a product or myself. I just don’t enjoy the process of trying to make money from readers and am seriously considering outsourcing the work to a freelancer.