Blogging is becoming an increasingly popular career choice for individuals around the world. Why? Well, it’s easily accessible, it’s extremely enjoyable, you have the liberty of working for yourself and being your own boss, and you can make seriously impressive amounts of money from the venture. However, one thing that tends to put people off the idea of blogging is the initial outgoings associated with setting up a blog. But not to worry. There are ways to minimize these costs. Here are just a few to consider!
Familiarise Yourself With Going Rates
You are likely to make use of various freelance individuals’ services when setting up your blog. Some of the most common individuals to collaborate with tend to be:
- Web Designers
- SEO Specialists
However, when you are working with freelance individuals, you want to make sure that you aren’t being overcharged. Freelancers assign their own prices to their projects, but seeing as there are plenty of individuals out there working in a similar field to them, they are likely to try to offer competitive prices that can help them to stand out from their competition. If you find a freelancer who you particularly want to work with, but have seen someone offering similar services for lower rates, you might want to ask whether your preferred option will negotiate and price match. Many will agree in order to secure you as a customer.
Be Savvy with Borrowing
Many bloggers borrow money to cover the costs associated with starting out and launching their blog. But it’s extremely important to be savvy when it comes to lending and borrowing. You don’t want to take out a loan that has an extremely high interest rate, as you will find yourself spending extortionate sums of money to clear the loan and neutralizes your balance. Familiarise yourself with the average business loan interest rate and look out for loans that have a below average interest rate attached. This will minimize the cost of borrowing.
If you can do something yourself, avoid outsourcing it until you have a more steady income. If you know how to create an aesthetically pleasing social media feed, make sure to curate all of your social media content yourself rather than paying someone else to do it. If you know how to. Of course, you can outsource this work once the money starts rolling in and you have less time and more responsibility on your hands. But to begin with, for the sake of cost, it’s good to take on as much personal responsibility as you can.
Hopefully, these tips and tricks will help you to set up your own blog while minimizing your professional outgoings!
*This is a contributed post.