How to Make Money With Your Finance Blog

Are you making any money with your finance or trading blog? Did you know that you can make money with your blog?

If you did know that you can make money, the first thing you naturally assumed was that you have to add a donation button or Google Ads to your site.

While you may make some money with these techniques they are forms of "Blogger Welfare." This is a term that I first heard from six figure blogger David Risley.

He considers these methods Blogger Welfare because you are making pennies compared to what you could really be making.

There are three basic categories of income sources that you can use for your blog. 

1. Blogger Welfare
2. Affiliate programs
3. Your own products

I will go into each of these in detail in the next sections. 

These are blog monetization techniques that only yield a small payout. You will never make a significant amount of money from them but they are usually simple to implement and make you feel like you are making easy money.

The truth is that some of these exact same companies that are paying you $0.50 or $1.00 or even $2.50 per Google Adsense click are willing to pay much more when people buy their products via your links.

You can make $20, $50 or more when you advertise the exact same products. Just to clarify, you will only make money when people buy after clicking on your link, not on the click itself.

However, this can add up to much more income than the measly $1 or two that you would have received from only getting paid for the link.

This brings us to affiliate programs and how you can start to get off Blogger Welfare. Affiliate programs are great because you can promote quality products that other people have developed and still get a share of the sale.

Some vendors are willing to pay you 30% to 60%, or more of the purchase price to you as commission for referring the sale. In order to take advantage of these programs, it is really no different from using Blogger Welfare methods.

You sign up for a free affiliate program (never pay to join an affiliate program) and they give you a text or banner link that you use to promote their product. You copy and paste it to your website and you are in business.

I make more in one sale from some of my affiliate programs than I did all YEAR when I was on Blogger Welfare.

This is the next natural question having mentioned the power of affiliate programs in the previous section.  The truth is that there are many great affiliate programs out there for finance bloggers. 

Of course you have to match the advertising to your audience.  You would not try to market bubble gum to people with lockjaw, right?  In a similar way, you wouldn't want to market a day trading course to people who want to invest in annuities. 

I don't know what kind of blog you have...maybe you have a trading, personal finance or market news blog.  Whatever the case may be, you will have do some research to find some good programs. 

However, since I have a trading blog, here are a couple of great examples that may work for you if you have a trading or market news website.

Chris Vermeulan has a complete ETF and stock trading newsletter that gives market analysis and trade recommendations. He has a proven track record of trading success and provides daily pre market analysis videos, insights into intermarket analysis and stock and ETF alerts.

Visitors to your blog may benefit from such a service if they are looking to become better traders and you get 50% commission when someone purchases anything after clicking on your link. Chris' basic newsletter costs $299 for 6 months, so you would get $149.50 for each person who signs up.

How many Google Ad clicks would it take to make that much money?

There are also other newsletters that you can promote on the partner websites that you can get 50% commission on also. They have newsletters for options, stocks, ETFs and more.

In addition, the commission is recurring, so if someone you refers renews their subscription, you get paid again!

Click here to sign up for the free affiliate program.

INO is a website that features quotes, charts and market news. They also have other trading related products such as INO TV (video education for traders), trading courses and Market Club (market analysis and trading signals service). Sign up for their partner program and make commissions on any sales of these products that come from your links.

I would recommend starting promoting the Free INO TV product. You refer people to the free trading videos and for each person in the US that signs up, you get a referral fee. If someone in a foreign country signs up, you also get a referral fee, but it is smaller.

Click here to sign up for free!

The final way to make money from your website is to create your own product.  This could be a course or an ebook or something that you can sell directly via your website. 

The good part about creating your own product is that you make more money than with the other two methods.  The bad part is that it takes a lot of time to create your own product. 

My recommendation is to start off by ditching Blogger Welfare programs, start using affiliate programs and use the income from that to start creating your own products. 

Hopefully this article will get you started on creating income with your blog, not just your trading. These are just a few examples of what is out there so don't limit yourself.   If you have any questions, feel free to contact me.

Happy blogging!