You may say that you are not making enough money out of blogging just yet and there aren’t enough to save and invest. We would say, you’re absolutely wrong. No matter how large or how little your blogging income is, there are creative ways of saving for investments. Remember, you are building a nest egg here.
Tips on how to invest for cheap.
Automatic Withdrawal
The money that you don’t see, you don’t spend. If you can be disciplined enough to have your blogging income be deposited directly to a bank account that you will not touch, you will be surprised how much you can save. Just think of the money as something that you never earned. Every time you make that transfer - send it on to the “secret” bank account.
Popularity: 18% [?]
This will be my first year to experience being taxed from my blogging income online. I only started blogging last year and since June of 2007, I made 6K by year-end. I earned approximately 1K per month. Although it wasn’t bad, it wasn’t that great either considering the tax that I have to pay.
