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 PimpYourFinances.com. David has commented on the site a few times and I greatly appreciate his input. This blog would be nothing without you readers!
David is a twenty-something college grad who is just trying to get his financial house in order. He is tired of his debt and wants to rapidly decrease it while increasing his savings. David has a very unique writing style and I think that is what has given him a lot of success over the past few months (he has only been blogging since October of 2008). Here are a few of my favorite posts:
What Would Bilbo Do? 14 Money Lessons from “The Hobbit” (Featured on MSN SmartMoney)
I also asked David a few questions to help you get to know him. Here they are:
YMR: What inspired you to start a PF blog?
David: When I started making money at a real job, I had no idea what to do with it. So I started look around PF sites, and was disappointed that there wasn’t more stuff aimed at young people.
I started thinking that if I was desperate for information, there were probably a lot of people in a similar position.
YMR: You have had some pretty rapid success getting your name out there over the past few months. How do you explain that?
David: Thanks! It’s very flattering to think that my name is getting out and others consider me a success!
I think there are a few reasons.
First, I just try to be myself. I don’t try to write that same articles that other people are writing. I write articles that I’d want to read, especially if no one else is writing about them. That also means that I try to keep a very strong sense of humor and sarcasm.
It also means that I’m brutally honest about myself. I’ll admit the mistakes I’m making. I’ll tell people exactly how much debt I have, and the things I know I should be doing, but I’m not. I think people can relate with that, and hopefully use it to avoid similar mistakes. I’ll never pretend that I’m doing everything right.
Another big reason for what I’ve accomplished is that I teamed up with someone else when I started the site. I handle all the writing, and he does all the technical stuff. It’s allowed me to focus on writing and content – things I enjoy (and that take up most of my free time). It’s allowed him to focus on coding, layout, presentation, etc… stuff he enjoys, and is very good at.
By focusing on our strengths, we’ve done a lot more than we could have done by ourselves.
I’ve also tried to build strong relationships with other bloggers. I link heavily to the sites I like to read, especially ones that are similarly sized to mine. I need to be better about commenting on other sites though.
And one thing I definitely can’t leave out is Tip’d. It’s a social media site for personal finance. They’ve embraced bloggers, so it’s given me a way to publicize my site that didn’t exist a few months ago.
YMR: Which article has been your favorite so far?
David: The most fun I’ve had is with a post on What Would Bilbo Do? 14 Money Lessons from “The Hobbit”.
The reason I enjoyed it so much is that it came naturally. I love J.R.R. Tolkien, and have read the Hobbit / Lord of the Rings trilogy constantly. At least 10-15 times each by now.
One day, I saw some financial undertones, and started taking notes. It came together by itself. I even ended up with 14 lessons – the same number that Gandalf intended – without trying. So it was fun and easy to put together. Plus I got to embrace my inner nerd.
And more than anything I’ve written, it struck a chord with the masses. Get Rich Slowly linked to it. Then MSN money did, and so did Mental Floss Magazine. It was huge!
It was never a marketing ploy. I just wrote about something I was passionate about, and others picked up on it. It was a very cool feeling.
YMR: Do you think we will ever have too many PF Blogs?
David: Never! I think we all compliment each other. It’s great to having multiple opinions, and multiple points of view.
Even if we run out of unique ideas, you can always learn from the experiences of others.
Also, no one knows The right answers. We can all share our thoughts, but no one has it exactly right. By reading a variety of opinions, hopefully we’re all getting closer to the Truth.
It’s like good music or food. You can never have too many options. Each has their own audience, and even if they’re not normally your thing, there are some times when it hits the spot perfectly.
That’s it! I wanted to thank David again for taking time out of his busy schedule to do this interview. Head over to his site today and poke around! You will find many great things there, trust me.
Have a great weekend!