When it comes to student loans, many students have them and all students who have them must pay them back, me included. If I didn’t need student loans, I would have avoided taking them out, but unfortunately, I needed them.
While there are many traditional ways to pay off your student loans, I thought you would enjoy learning how to pay off your student loans by blogging. I love it and it works! Ready to learn more? Okay, let’s go!
When it comes down to it, you must be realistic. For a while, I was in a state of dreamy infatuation with this idea that I could have my loans paid off right away and move into my career and start depositing huge paychecks. I quickly learned that the only check I would be depositing would be the one I wrote to my student loan provider.
It is important that you are realistic when you think about your student loans because if you are not, you will not have a grasp on how important it is to pay them down. Know how much you owe and create a plan.
Know How Much You Need
Before I started blogging, I had to sit down and come face to face with the dreaded budgeting monster. When it comes time for you to do this, make sure that you are including all of your expenses and determining how much money you need per month.
Since you want to blog to make money, and may not currently have a salary or hourly wage, instead of taking your pay and subtracting expenses, you need to add your expenses and then determine how much you need to earn.
One of the best things about blogging is that you can make as much or as little money as you want each month.
Start Making Money
One of the most interesting things about blogging is that people do not know who you are and they cannot read your blogs if you do not let them know you are there. You must take time to market yourself and provide quality information that others want to read.
For example, if I was writing about how I watched my cat nap today, you would likely just navigate away from the page and think that I was off my rocker a bit. Instead, you are here because you want to learn something.
When I first started blogging, I was confused, nervous, and unsure of how to get readers. Eventually I gained a large following and am glad I do.
Once you start to get followers and readers, you need to secure your future and monetize your blog. You can easily do this by placing advertisements on your blog. You know those ads that you see on the right hand side of the screen? Yep, those are ads placed by the blogger, company, website, etc.
Every time someone clicks on these ads, you make money. If you have 20,000 readers, you can make a nice income stream if you advertise the right products and they click on them.
Lastly, you can also monetize your blog and earn money by offering something special to your readers. For example, if you are good at something such as giving relationship advice, you could offer a coaching course for a price.
If you want to earn income to pay off your student loans, consider blogging like I have. You may be able to find a niche topic to discuss that you know a lot about, which will help you think of topics and unique content.
As you monetize your blog, you will be able to pay down your student loans month by month. I look forward to seeing the community of bloggers grow and hopefully you can start reducing your student loan debt.
Author: Jeff Gitlen
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