Welcome to this weeks edition of Saturday Sneak-Peak! Every week I explore a personal finance blog and give a brief review of the site. My major intent of the adventure is to expose everyone to new and/or obscure blogs. Up this week is PF Firewall.
Firstly, I want to congratulate Jesse. He and his wife added a new bundle of joy this past week! If you don’t click on any of the links, at least leave a comment and congratulate him on this great blessing (they had a girl). 🙂
Jesse has been blogging since February and has been know to have lengthy, well-thought out posts. He averages about 15 posts a month so those of you who do not like to be bombarded with posts, he is your guy!
Here are some of my favorite posts from him:
Selling Oil Changes Door-to-Door?
Shopping Out of Season
The Real Reason for Lehman Brothers’ Downfall
Now off to the questions!
YMR: Why did you want to start a personal finance blog and what blogs did you read before you started?
Jesse: I started my blog for several reasons. I am actually really new to the blog scene, I hadn’t even read any blogs previous to late 08 aside from The Consumerist, which I didn’t realize was a blog.
When reading The Consumerist, I read about a girl that paid off around $14k in debt by following some Consumerist tips. This led me to think about my debt which I was completely ignoring. One of the tips was to call credit card companies and ask for rates to be lowered, and if they didn’t lower the rate, transfer the balance to another credit card. While searching for credit cards with better rates, I happened on MyMoneyBlog.com, which led me to a few other personal finance blogs including GetRichSlowly.com, BudgetsAreSexy.com and BrokeAsASpoke.com and I was hooked on Personal Finance blogs. I started following blog networks and finding more and more blogs about personal finance to read.
So I decided to start a personal finance blog to track my finances. I also thought if my finances were out there in the open, I would be more accountable and wouldn’t be able to ignore my financial incompetencies.
A second reason, I have always felt like teaching is the best way to learn. By researching what I want to write about, I learn so much about finance from those out there that know more about it than I do, then I can share the information with my readers knowing it is accurate.
Yet another reason was that I am a pretty big geek, and having my own website is one of those things that I wanted to do, coded completely from scratch of course. I had started several websites from scratch but none of them really had a purpose so I would code them, put them up and never update them. I felt like this was holding me back from learning more about web development, so I thought if I started a blog that was really easy to update, using a blog engine like WordPress instead of coding from scratch, I could get the content rolling, get motivated, then be able to spend time coding and modding the blog. I am happy to say this is working. I recently released a new custom theme for my blog, I have been doing a ton of design work in photoshop such as logos, banners and icons, and I have even been hired to redesign someone elses blog.
I even started another site coded from scratch with a purpose/idea that I found while writing my blog. This new site hasn’t really gone public yet as I am still designing it but it fills my geeky void 😉
YMR: Which post (on your site) has been your favorite and why?
Jesse: I think my favorite post was The Most Important Part Is Starting: Debt Recovery and the reason is I felt like the post, massive as it was, was really going to help people. The post was spurred by a friend that was having trouble getting started on the road to debt recovery. I realized there may be more people out there like her that have no clue on how to get started repaying debt so I was really happy to be able to help a friend out as well as anyone else that may read the post.
YMR: How would you describe your writing style?
Jesse: Another reason I started my blog that I left for this section is that I wanted to use my blog to start a writing portfolio. I have always loved to write and thought of doing some freelance writing but I have no public writing experience.
So my writing style reflects this desire. I write as if I am writing for a newspaper. Factual, informative and to the point. I try to hold myself to professional standards. I am known to be long winded but I want to make sure I cover all the facts and leave nothing out that may be important. On that same note I try and make the information more understandable as if I am talking to my readers versus writing to them.
YMR: Tell us something about yourself that some may not know.
Jesse: I am much geekier than I let on in my blog. I am a Linux user..I worked on the Geek Squad when I was younger..and even my TV is running on Linux. I even switched keyboard layouts to be more efficient when typing. I use the Dvorak instead of QWERTY layout and now type a few dozen words per minute faster than I used to. It took about a year to fully switch.
I am much geekier than I let on in my blog. I am a Linux user..I worked on the Geek Squad when I was younger..and even my TV is running on Linux. I even switched keyboard layouts to be more efficient when typing. I use the Dvorak instead of QWERTY layout and now type a few dozen words per minute faster than I used to. It took about a year to fully switch.
YMR: Tell me a little bit more about this financial highway adoption you got going on.
Jesse: Well, I started my blog to be more financially responsible yet I spent about a hundred dollars on hosting. I knew it was necessary especially on the commitment and motivation side but I felt bad about it. Even before I started trying to get my finances in order, I had a real hard time spending money on myself for any reason. Even my play sites that I mentioned before were hosted on my home computer, making them unbearably slow. I couldn’t bring myself to ask for donations in the traditional way because I felt like a hypocrite, telling people to save money yet asking them to give me money. So I started thinking of ways I could reduce the cost of my blog without asking for a hand out.
My adoption system does just that. When someone adopts my blog, they pay a small piece of my costs, roughly the cost of hosting per year divided on a weekly basis, and in return get recognition from my readers for doing so. They get a banner in every post of their week and a banner on a dedicated page, forever.
I also want my readers to feel like they are a part of the little community my blog creates. Through the people that have adopted so far I have made some great contacts and friends, and gotten to know some of the bloggers that read my blog much better.
Thanks Jesse! Have a great weekend everyone! I am heading off to PA so limited posting this weekend.