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What is a Personal Finance Blog?

UserPost

9:22 am
November 9, 2010


MaximizingMoney

Guest

In the world of personal finance blogs, there are a lot of variations in style and substance.

However, it seems like everyone has their own definition of what a personal finance blog is exactly.

I've seen comments across the blogosphere about certain blogs not really being personal finance and there seems to be some specific views about what a personal finance blog really is.

I recently had a personal experience, so I decided to start this thread to clear the air and see what everyone's opinions might be on this.

I had contacted a "personal finance blog" about hosting their carnival after they issued a request for hosts (FYI: They are not a current Yakezie member as far as I can tell).

Their response to me was: "I'm looking for personal finance blog hosts. You site looks like a group of on-going promotional offers…"

My response being: "Okay, sorry we don't fit your view of what a personal finance blog is. Good luck to you anyway."

Of course, being excluded always hurts a little, but what can you do.

The funny thing is that I regularly promote this blog on social networks and I think I've probably included them in past carnivals of my own, but that's besides the point.

I've always considered my blog a personal finance blog, in the sense that "personal finance blogs" is an umbrella label that encompasses a wide variety of financial blogs, just like the term "Rock & Roll" encompasses metal, hard rock, glam rock, etc.

I do mainly promotional offers for financial products and services, but I have done some informative pieces (hopefully) about personal finance subjects as well, although I don't usually do "idea" or "theoretical" pieces about personal finance.

Nevertheless, I always thought that I still fit into the realm of personal finance, and I also consider any other blogs related to money subjects or financial issues to be personal finance as well. I don't necessarily like them all, but that's another story.

So my question is then, what is a personal finance blog, in your opinion? Are there certain criteria a blog must meet to be personal finance? Do you have to write about certain topics? Does the content have to be completely original to the author as far as ideas or personal experiences? Is investing advice personal finance, cheap recipes, ways to save money, news about the financial business world, etc.?

What exactly makes a personal financial blog?

9:38 am
November 9, 2010


Budgeting in the Fun Stuff

Member

posts 3048

I never gave it this much thought, but here we go.  When I think of personal finance blogs, I have to admit that first-person experience blogs pop to mind first.  BUT, I don't think they are the only personal finance blogs out there, just the ones I think of first.  Coupons and promotional offers seem more businessy than personal, but I do think they fall into the realm of personal finance.  I also like them since they help me find better deals, lol.  Maybe the person who turned you down for hosting was just looking for blogs with more "personal" in "personal finance" and didn't make that clear.  If I ever run a carnival (which I am seriously thinking about starting), you are more than welcome to host it!  :-)

Crystal

Yakezie Member Site: 

Budgeting in the Fun Stuff

Ebook:  How I Make Money Blogging:
The Beginner's Guide to Building a Money-Making Site

Email:  budgetingfunstuff *at* gmail *dot* com

You can also find me on Twitter and Facebook

10:17 am
November 9, 2010


Kevin @ Financially Poor

Member

posts 188

I'll agree that it probably does have to do with being personal. I would consider your site more of a source, like coupons.com would be, vs a how-to/increasing knowledge type of blog. If you were'nt in the yakezie and asked to do a guest post for me with a link back I probably would ask for a fee.

And I take that stand just because of the amount of deals that you post.

Yes it is related to personal finance but I don't see your site as a blog necessarily. Yea you do have posts but they're very short and just point to the deal.

I actually just started doing some of those because I did one and had great results as far as making money and getting search results so I'm jealous of your site. I'm sure it takes a lot of work to do all of those deals so more power to you.

But as far as my idea of a personal finance blog I would say not.

No offense or anything.

You are in the Yakezie which is a large personal finance network so that must mean something.

10:40 am
November 9, 2010


MaximizingMoney

Guest

Budgeting in the Fun Stuff said:

If I ever run a carnival (which I am seriously thinking about starting), you are more than welcome to host it!  :-)


That is so nice of you to say, thank you very much, I'd love to host in the future.
The site had every right to turn me down for whatever reason of course, I just thought it brought up an interesting subject as far as what defines a personal finance blog.
Thanks again for the generosity and for commenting.

11:00 am
November 9, 2010


MaximizingMoney

Guest

@Kevin,

Thanks for giving your opinion, I appreciate that.

I do consider my site a source as well, but I just don't think that necessarily excludes it from also being a personal finance blog, but who knows. Maybe I'm just a "finance blog" without the "personal." I keep my personality out of it on purpose for the most part.

But I guess you bring up the point of what even defines a blog in the first place. Funny, I at least thought I was a blog.

I never ask anybody to do guest posts with back links to promote my blog, so no worries there, but if you ever want to do one on mine, you are welcome.

I do promote a lot of deals, as that's what I generally do, but I would like to say that I don't necessarily only post deals that I can profit from. I post a huge number of deals that don't have any direct financial benefits for me whatsoever, just as long as they benefit my readers. Indirectly, of course, they provide traffic and SEO benefits, but I'm not strictly an affiliate blog only, at least I like to think I'm not.

Anyway, I wasn't necessarily looking to get people's opinions on whether or not my blog is a personal finance blog, but just what defines "personal finance blogs" in general in everyone's opinions.

Thank you again for commenting, I hope others will chime in as well.

7:00 pm
November 9, 2010


Glen Craig

Member

posts 1087

It's whatever you want it to be.  The beauty of the blogosphere is there's no set rules.  We make things up as we go along and follow what others have done (as far as style – don't go making up facts or anything).

 

Motley Fool is miles apart from Get Rich Slowly and both are different from Consumerism Commentary but all are personal finance in some way or form.  I use those examples as they are bigger but I think there are enough of us here that aren't the same as well.

7:38 pm
November 9, 2010


pfincome

Member

posts 76

As Craig said, there are no rules for what a personal finance blog should be.  If there were, then we would see the same site over and over and it would become dull.  One of the great things about having a different site or niche into personal finance is to see all of the various opinions and creativity that is out there.

 

BTW – I would consider your site in the personal finance category.

 

Thanks,

John -

Come visit me at Passive Family Income!

Follow me on Twitter – @PFIncome

3:01 pm
November 10, 2010


TightFistedMiser

Member

posts 361

It is hard to definitively say what is a personal finance blog.  My first blog Bankbonuses.info is a somewhat similar site to Maximizing Money, although I'll admit you do a much better job of finding deals than I do.  I started Bankbonuses back in 2005 and wrote a few personal finance posts on it.  I didn't feel like the pf articles were a good fit though which is why I started TightFistedMiser.com in 2007.

 

That being said I would probably consider BankBonuses and Maximizing Money personal finance blogs. I can also see how someone wouldn't consider them personal enough to be personal finance blogs.  My rule would be if in doubt whether it can count as a personal finance blog let it count as a personal finance blog.

1:05 pm
November 27, 2010


Sunil from The Extra Money Blog

Member

posts 362

to me it is a publication that educates readers on basic fundamental financial principles, filling in a gap/void that our educational systems have left wide open year over year – not sure why?

The Extra Money Blog– Expedited Wealth Building Through Multiple Streams of Active & Passive Income (Entrepreneurship, Internet Marketing, Personal Finance)


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