Budgeting for Your Blog in 2024
SHOW NOTES: Episode 106
If you’re ready to start your blogging business but you are apprehensive about the price that you will have to pay for each thing you need, this episode is for you! We are breaking down the necessary assets and expenses that you will need in today’s episode so that you can confidently budget for you blog for 2024!
When it comes to starting a business, blogging is a low cost of entry overall. Some things that you will need when first getting started are:
1. A computer
We highly recommend that you have a computer when starting your blog. You don’t have to buy a brand new one so if you already have one, you can use that one. If you don’t, this will be an expense that you will need to add in!
2. A phone, or camera
You are going to need photos for your blog. Most phones nowadays have great photo capabilities so if you already own a smartphone, this will be an expense that you don’t have to add in right away. You may choose to use a camera instead as well.
3. Props or accessories (depending on your niche)
You may want to consider a ring light. Other props will depend on your niche!
4. Domain name
This is your address on the internet. The cost for this varies a bit.
5. Hosting
This is where your blog will be stored. We highly recommend Big Scoots for hosting.
6. Theme for your website
This is a worthwhile investment. You are going to want a theme that is optimized for your blog.
7. Plugins
There are a lot of free plugins but we do recommend some paid ones as well that will help your blog be optimal.
8. LLC
We recommend filing for an LLC when starting your blogging business. You will need to check your state for specific details on filing an LLC and you can also speak with an attorney for legal advice on that as well.
9. Consider a trademark.
Speak with an attorney (we have some listed below that we spoke with on the podcast) about trademarking your blog.
10. Privacy policy & Terms and Conditions
You will need a terms and conditions and privacy policy for your blog. Check out the templates that we recommend below.
11. Email marketing provider
Email marketing is an essential piece of your blog! We highly recommend ConvertKit.
12. PO Box
This is for security purposes for your email marketing. You will have to provide an address on your emails so using a PO Box will prevent you from posting your home address for the world to see.
13. Blogging coach
You may want to consider having someone there to guide you through this process and teach you everything you need to know to set you up for success. We offer the Ultimate Blog Bootcamp and once you have your blog up and running, you can join us in the Ultimate Blog Membership for continued guidance!
We hope this episode helped you see what you will need to budget for to start your blog in 2024! Let’s get your blogging business up and running!
Thank you for tuning in! We hope today’s episode is helpful! We would love to connect with you more on Instagram @sparkmediaconcepts! Chat with you there!
IN THIS EPISODE, WE COVERED:
- Starting a blog as a business
- Low cost of entry for starting a blog
- Potential for significant revenue from a blog
- Importance of taking the blog seriously as a business
- Budgeting for a blog in 2024
LINKS AND RESOURCES MENTIONED IN THIS EPISODE:
- Check out episode 4 on how to make money blogging!
- Check out Berkley Sweetapple’s templates and episode 58 where she shared more about the importance of a privacy policy!
- Check out our episodes with the attorneys, Jamie Lieberman (episode 29) and Whitney Bower (episode 30) that we interviewed to hear more about the legal side of your blog. Be sure to reach out to them for legal advice for your blog.
- ConvertKit is the email marketing hub for creators like you. Check out our affiliate link for more information.
- We have a goal to reach 100,000 downloads by December 31 and we need your help! Share an episode you love with a friend and leave us a review on Apple Podcasts! We would be so grateful!
- 3 bonus episodes on the private podcast! Click here and put in your name and email address to check them out!
- Join the Ultimate Blog Bootcamp!
- Check out the Blog Depot!
- Check out last week’s episode here!
- Connect with us on Instagram at: @sparkmediaconcepts
MORE ABOUT THE ULTIMATE BLOG PODCAST:
Welcome to The Ultimate Blog Podcast! This podcast is for you if you’ve ever wanted to learn blogging basics so that you can start your own blog or if you have been a blogger for years but are struggling to grow or need inspiration and community.
Every Tuesday we will be sharing a new episode where we will cover topics from the basics of starting a blog, monetizing and growing your site, to finding the inspiration you need to keep going. You will also find guest interviews with experts on different blogging topics as well as interviews with bloggers who’ve been in your shoes.
Amy Reinecke and Jennifer Draper are bloggers themselves who want to encourage you to believe in your potential, step outside the norm and step into a life where you create your own schedule, your own success and your own story.
We’d love to connect with you on our other platforms so please visit us at www.sparkmediaconcepts.com or follow us on Instagram at @sparkmediaconcepts
This post contains affiliate links. That means that if you click on a link and make a purchase, the hosts or guests of this podcast will receive a commission at no additional cost to you.