Joining the 30K Challenge!
Well, I hope everyone had a Merry Christmas yesterday and were able to celebrate with family and friends. We had a good day with family at home enjoying a nice dinner with ham and playing games.
On to the Challenge!
As you can see from the title, I am joining the 30K Challenge as developed by Corey and Derek at Online Money Bloggers. In case you haven’t heard what it is, Corey and Derek are challenging themselves and other bloggers to either make $30,000 from blogging next year or increase their income by an additional $30,000 if the blogger already makes that much. It is going to a great challenge and something that will really require a lot of work and focus.
Initially, I thought it might be impossible for me to make it to $30,000 in one year, but I created a spreadsheet as part of my initial 30K post for their site and think it might actually be doable now. I won’t be sharing the details about it since the post will be seen at their site in coming days or weeks, but at least there is some hope.
There are lots of other great personal financial bloggers participating in the challenge so I am sure that everyone will be helping each other which will make it easier to achieve our goals together. One of the things that I am learning more and more as I age is the importance of networking. It can be very difficult to accomplish goals on our own, but they often become achievable when you have a strong support system. So I am really looking forward to the opportunity to work with these great individuals and get to know them better at the same time.
Be sure to head over to the site and see everyone who is participating. It is really a top notch crew!
Carnival Links
This past week I was featured in several carnivals so I want to share those with you as well.
The Wealth Builder Carnival #58
The Yakezie Carnival–December 18th Edition
Self-Directed Investing for Retirement Carnival–Christmas Edition
As always, I want to thank Melissa from Mom’s Plans for doing carnival submissions for me. It is a tedious task that I have no interest in doing. I have to believe that it is helping with my traffic, but of course this past week has been a little slower with the holidays I am sure.
Odds and Ends
I have a few other items that I would like to mention. I will be having a contest to celebrate the 100th post here on Cash Flow Mantra. This will be post number 93 so in the next few weeks, the contest will happen. I still have details to work out so I will keep you informed.
Also, I just couldn’t help myself and had to write an extra post for my new blog at Grand Per Month. Be sure to check it out and get ready for the launch on January 2nd. I am trying to work with getting the subscription by email working and am having some difficulty. I am not a coder and am amazed at some of the things I have been able to accomplish, but this is giving me fits.
Thanks for reading and be sure to follow me on Twitter @cashflowmantra!
Good luck! I am challenging myself to see how far I can go next year too.
krantcents recently posted..No Excuses!
Thanks. I think it is going to be a good year.
While I would like to join this financial crusade, I just can’t honestly set this goal yet. Actually… I was going to make my goal to be to generate $1000 a month from internet activities by the end of next year, but instead I could make to join this “contest” in one year’s time. The idea of 30K is extremely alluring and motivating!
My University Money recently posted..The Smith Manoeuvre – Make Your Mortgage Tax Deductible
I am pleased by the extra $1000 per month, but imagine how quickly I could eliminate debt with $2500 per month so I might as well go for it. The key is to keep advancing and growing in the direction you want to go.
I’ll be watching closely and rooting for you!! Good luck
Barb Friedberg recently posted..HOW TO SAVE WHEN BUYING A NEW SUV
Thanks so much, Barb. I really appreciate your support and wish you the best in 2012.
Good luck and will be cheering for you. I am with MUM on this one, wxcept that I probably should think about making $100 first. But given that I am a fairly reckless person let’s make it $1,000; per month.
Oh, boy, this will take some doing!
Maria@moneyprinciple recently posted..Principled money posts of the week #7: Merry Christmas edition
There is no reason not to push oneself to achieve as much as possible. I am sure that you will be able to do it.
Congrats and best of luck! I’ll be joining you on this challenge as well
The Jenny Pincher recently posted..Ask The Experts Series: The Best Advice on Getting out of Debt – Part 1
I am looking forward to it and am pleased to know that you will be part of it.
Good luck with the challenge. It seems as though right off the bat I’m not eligible to officially join the challenge seeing as though my new blog is brand spanking new. I do have some other sites that make some money but this one won’t cut it.
I will however set myself an unofficial goal of hitting a 30K pace by the end of 2012 ($2500 per month by 12/12) although my first baby step is to get a good pattern of publishing going. Basically as I get comfortable with the new blog I should start gaining some traction naturally and then we’ll see about making money from there. Good luck with your goals!
Brian recently posted..Why Do We Invest Anyway? Fundamentally it’s For Capital Preservation & Perpetual Cash Flow
Nothing wrong with setting goals for yourself even if it can’t be part of an “official” challenge. I am sure that you will learn much and I suspect that there will be many “unofficial” participants which should make it even more likely that goals will be met.
I wish you a good luck in your challenge. Are you going to diversify your sources of income?
Alexander Collins recently posted..Pivot Point Calculation in Forex Trading
My income sources will mainly be the 2 blogs with AdSense and private advertising from each of them. I may have to diversify even more than that but have no immediate plans currently. Let’s see how January goes.
good luck to you with the challenge. I am considering joining as well but have a few reservations of revealing the flow of income to the public.
Charles recently posted..MoneyGreenLife Sets Goals for 2012
There is some concern on my part as well. I plan on minimizing the amount of specificity. At least I don’t depend upon it for survival.
Good luck man!
I can only DREAM about touching this kind of online income. I’ll be looking forward to seeing how it all turns out!
Dividend Mantra recently posted..Dividend Income Update – December 2011
It will be an interesting challenge.
I’m new to the whole internet business with NZPCS.org being our first site. I think I will look into how you make so much from blogging.
rene@loans nz recently posted..How do I manage my credit card debt after the holidays?
You should follow us over at Grand Per Month as well since you will probably be getting more information related to blogging specifically at that site.
I see you have the HeatMap theme. Good Choice. I began using this theme myself a few weeks ago. I did notice on your Grand Per Month blog that almost all your ads on the site were Google ads with very little variation. You might consider some different content to change up those ads.
TheGreenovator recently posted..Increase Traffic Free with Traffic Dial
The niche is a little limited to making extra money. As I get more content on the site, maybe the ads will be changing more.