From: Bankable by Forbes - Monday Feb 05, 2018 06:01 pm
Turn your blog into a $75K career 💻
Money. Career. Balance.
You could make a side hustle (or a living) out of blogging
Photo: Shutterstock
Big-city rent has me looking high and low for spare change. Since fishing pennies from between my couch cushions isn’t going to cut it, I find myself wondering: Can I turn an activity I’m already doing into a side hustle?

This thought process usually leads to my blog, now seven years strong without a following to match. Since college, I’ve kept it as an intimate space for friends and family to follow my adventures. And I love it—especially for reflecting on what I’ve learned since those first posts, when decorating my dorm room and prepping for sorority recruitment were my world.

Unfortunately, the dated platform (and the hour a week I spend on it) is ill-suited for monetization. So even if I convinced myself to open up to all of cyberspace, I wouldn’t be in the fast lane to a second income. But that doesn’t mean blogging can’t make you some extra cash. In fact, I just read about how one couple scaled two blogs, quit their day jobs and now earn $75,000 per month. You read that right: $75,000 per month. With these tips, they insist you can do it, too.
TAKE CHARGE
Tackle money, career and balance with these tips today.

 
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WHAT'S FRESH
Three mental health benefits of traveling

We all love to travel, but research suggests exploring new places can also do wonders for your mental health. Heres how.

Beat stress. “The stress of work and daily demands can distract us from what we find to be actually meaningful and interesting,” says clinical psychologist Tamara McClintock Greenberg. A mental hiatus lowers your cortisol levels, making you more calm.  

Boost happiness. According to a Cornell University study, the anticipation of a trip can increase your happiness even more than the prospect of acquiring something, like a new car.

Build creativity. Immersing yourself in a foreign locale increases your cognitive flexibility, thereby enhancing “depth and integrativeness of thought,” says Adam Galinsky, a management and social psychology researcher.
Make these money moves to retire early

Retirement may be far off, but there are plenty of steps you can take today to improve your prospects down the line. Here are just two to keep in mind.

Talk about money, especially before marriage. In tying the knot, you become one with your spouse—and his or her financial problems. Considering money is often the leading cause of stress in relationships, make the conversation a priority. Regularly discussing your shared or individual budget will help prevent and address issues before they’re too deep to handle amicably.

Take advantage of time being on your side. The younger you are, the more you have compounding interest working in your favor. Educate yourself soon about the markets and find an entry point that works for you. Remember that enrolling in your employer’s 401(k) match is one of the easiest, safest places to start.
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ONE CHART ANSWER
When you get a tax refund, job bonus or birthday check from grandma, where does it go? Your mind might race right to planning a trip, buying a car or just making next month’s rent. But what about savings? As it turns out, 41% of Americans ages 25 to 34 have $0 in savings accounts. Sure, setting funds aside for an emergency isn’t as exciting as treating yourself to a new wardrobe—but it’s smart. Next time a windfall comes your way, consider keeping just a slice for an indulgence and socking away the rest. You’ll thank yourself later.
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