Blogging, for some it’s a hobby & for others it’s a full time job. Look at Perez Hilton, who started his blog as a nobody for fun & years later turned into a household name making thousands of dollars from advertising, events & what he writes. For me, I love blogging as a way of communicating with others, giving my opinion on a variety of different topics, events & reviews. I know that I will never be a huge household name or make mega bucks blogging but after nearly 8 years of blogging and running ANANYAH, I have slowly started making money. That money is an added bonus to my full time career working in IT & always good to know that the “pocket money” I make can be used for a good purpose. Turning this site from a hugely personal blog that it initially was for the first 6 years into more a semi-personal lifestyle blog for me, was the best thing I could have done. I have had the ability to reach out to a wider audience, focus on a lot of topics that mean something to me & still retain the old visitors I have always had. A plus side? It can be seen as my own little business. I am part of a network of bloggers who do a lot of product reviews & PR companies directly contact me to review a variety of products. I don’t review all that I am emailed about, I still like to keep that personal feel to my blog, review a product that I would actually use or go out and buy. For me, if I do make money from blogging, it’s an added bonus being paid for something I love. The money I receive? It is put into a separate bank account & used for something that everyone needs.
I’m 29 years old. A little scary thinking that next year I will be turning 30. I never save money, when my salary comes into my bank account, I use & abuse it month to month. My mom always shouts at me for the amount of money that I waste, she always tells me to save money incase I need it in the future for something or emergencies. Therefore, starting to slowly earn money from blogging has enabled me to start saving & thinking of my future. Something that would have freaked the hell out of me a few years ago. I hate growing up! Never mind the nightmare of turning the big 3-0.
I recently started a new job with a huge worldwide IT company who gave me the ability to start growing up. By default, you are given private health care & a private personal pension. I had never really thought of a self invested personal pension before I started my new job. However, I remember reading a news article in the Guardian which stated “young people now value living for today, appear to spend a higher proportion of their income than other age groups, and are often in their thirties before they start thinking about contributing to a pension”. So true. However, my parents & grandparents always said that you are never too young to start a pension. Fact. I now pay 6% of my monthly salary towards a pension. Maybe a year or two down the line, I’ll up it a few percent.
With the economy the way it is being able to financially secure your future is one of the best things you can ever do. In your late 20’s & early 30’s, it’s pretty much time to grow up and stop being reckless. Life is unpredictable, you could lose your job tomorrow, a family member could die & your source of income dwindle. God I sound boring but it is something my family instilled in me & now, I finally have the chance to do it. So should you.
Do you have a pension? How old were you when you started paying into it? Or are you adamant you’ll never pay into one? Do you see the point? Let me know!