About a year ago, I had an idea for something new.
At the time though, I was going through a number of changes on this blog, in my recently closed subscription box company, and in my personal life.
My idea was to provide personal finance enthusiasts a way to get all newly published personal finance articles and podcast episodes in real time in a visually appealing way.
At my day job, I spend a lot of time thinking and implementing processes which heavily employ automation and programming to get things done without manual efforts.
My vision was to employ the same tactics for this project, but at the time, as described above, I didn’t have the time or skills to complete the entire picture.
Over the last year, I’ve been learning more and more about the necessary skills to design a visually appealing website, use PHP to customize and automate certain elements in a web page, and run a successful business online.
Now, I’m very excited to announce that this idea has finally come to fruition.
Over the last few weeks, I’ve been working on a new personal finance content curation website: Daily Finance Blogs.
Today, I’m sharing it with you and the world.
In this post, I want to touch on a number of things regarding this new website and talk about what is Daily Finance Blogs, why I created this new website, talk about the time and money spent to get it up and running, and my game plan going forward for it.
What is Daily Finance Blogs?
First, let’s talk about what is Daily Finance Blogs and the features of Daily Finance Blogs.
Daily Finance Blogs is a personal finance content curator which aggregates blog posts as they come out and features them in real time.
I created the website for personal finance enthusiasts. My hope is it will help provide readers a one-stop shop for all of their personal finance content needs, and also will provide a way for personal finance bloggers to gain exposure with their content.
In real-time, Daily Finance Blogs is pulling in content from many different sources (blogs and podcasts).
When Daily Finance Blogs recognizes there is a new post, I’ve set up filters for the post to categorize the new posts into 6 categories:
- Debt Freedom
- Financial Independence
- Increasing Income
- Money Saving
This way, people visiting the website can see new posts in the category they most care about. such as investing as shown below:
Daily Finance Blogs Features
Two of the features I’m most happy and proud of are the automation to post to Twitter, and share in a daily email newsletter.
When a new post comes in, I automatically share the link on Twitter.
What is amazing is that this tweet points the link towards the source’s post (and not my post). Also, I’m able to tag the source, notifying them of the share.
Here’s the tweet from my article this past Friday:
— Daily Finance Blogs (@Daily_Finances) January 25, 2019
For emails, Monday through Friday at noon CST, I’ve set up an email campaign which will send out the most recent 50 blog posts and podcast episodes to email subscribers.
I’m super happy about this feature, and what’s amazing is the links included in this email are pointing to the source’s pages (and not Daily Finance Blogs)!
Wrapping up what is Daily Finance Blogs, it is website for personal finance enthusiasts to receive newly published personal finance content in real-time.
Bloggers and podcasters can submit their RSS feeds to be featured on the website, and readers can visit and subscribe to get new content in real-time.
Why Did I Create Daily Finance Blogs?
We’ve covered what Daily Finance Blogs is, but I want to talk a little more about why I did it.
I write on The Mastermind Within blog because I want to share my thoughts and hopefully make an positive influence on your thoughts and life.
There are two things which drive me to become and do better in life: my love of building things and my love of helping others.
Daily Finance Blogs ticks both of these boxes.
First, building Daily Finance Blogs was a ton of fun. It pushed me to use a number of different skills I’ve learned over the last 2 years to make it look good, work well, and be automated for relatively stress free operations going forward.
Second, it will help both consumers and producers receive personal finance content.
The helping others part is really what excites me about this project.
I was talking to a friend about Daily Finance Blogs and she had a few questions. One of them was, “Why are you doing this if it isn’t going to send a lot of traffic to The Mastermind Within? Aren’t you trying to grow your website, and this would distract people from coming here?”
It’s an interesting question because yes, I am trying to grow this blog.
At the same time, I’m not money hungry and I know that the growth will happen over time with consistent efforts.
My actions and thoughts can, and are, bigger than just focusing in on The Mastermind Within. I’m just one person. I’m not a guru who is going to claim I know everything.
There are SOOOOO many other amazing people doing amazing things out there in the world.
I can share the spotlight, and Daily Finance Blogs is a manifestation of this will to help others with my talents and abilities.
I’m Money Focused, but not Money Hungry
As you will see in the next section, I did spend a few hundred dollars and roughly 15-25 hours creating this website.
It would have been very easy to not pursue this project and use my time and money for my personal benefit.
However, one of my beliefs is that living with an abundance mindset will lead to achievement beyond your wildest dreams.
What does living with an abundance mindset mean? Put simply, it’s a mindset where you can win and I can win.
Living with an abundance mindset is viewing the world as a beautiful place with endless opportunity.
The energy I put out into the world WILL come back to me in some form or fashion.
I’m focused on becoming financially free at a young age. However, putting money into index funds in a retirement account, or saving every last dollar is NOT fulfilling to me.
My net worth is not my self worth. If I had $100 million and no friends or community, what would be the point of my wealth?
Instead, a goal and thought in life is through giving and being a servant to others, I will provide targeted value and be compensated for this value.
I can win, and you can win. The world is not zero sum.
The Entrepreneurship Behind Daily Finance Blogs
On The Mastermind Within, I enjoy diving into the details of my hustles. It’s just more interesting being transparent about the processes involved in doing these hustles 🙂
For Daily Finance Blogs, I spent a few hundred dollars and about 20 hours to get the website going.
Being more specific, here is what I spent to get Daily Finance Blogs to where it is currently:
- $75.95 for the domain name and 1 year of Website Hosting from Siteground
- $150.00 for the WP RSS Aggregator Plug-in (to handle RSS Feed Sources) and premium bundle (Feed to Post, Keyword Filtering, and Full Text RSS Feeds)
- $317.91 for help on customizing WP RSS Aggregator to add custom fields on the back end for social sharing purposes.
Designing the website took me somewhere about 6 hours, implementing the automation to share to Twitter and publish the daily email newsletter took about 10 hours, and importing some sources and testing took about 4 hours. (I didn’t actually track any of this, but thinking back, I think this about how much each piece took)
So, in totality, I spent $543.86 and about 20 hours getting all of this set up.
The Power of Automation
What is amazing though, is I estimate I will only have to spend about 2-4 hours a week to make sure it is running the way it is supposed to – the power of automation at work!!
The WP RSS Aggregator plug-in pulls in new posts automatically and through the work I’ve done with automating the social and email sharing, the only things I have to worry about is image handling, importing new sources, and making sure things stay connected.
For monetizing and making money, I will prioritize this as traffic and subscribers grow. I will look to include paid display ads, and possibly include a “featured content” section for sources who want favorable placement of their posts.
It’s not about the money. However, if traffic grows to a point where I can make money, I will not say no.
When you provide tremendous value, it’s okay to want to be paid for it! Never work for free!
Enjoy Personal Finance Blog Articles Daily!
My Personal Truth is I believe I’m capable of providing amazing value, through my actions and thoughts, to help other people achieve their goals in life. This value can be manifested in many different ways.
Daily Finance Blogs was created through thinking deeply about my Personal Truth and taking BOLD action.
Ideas are worthless without action. Now, I’ve created something amazing where there wasn’t amazing before.
If you are a content creator (i.e. a blogger or podcaster), I invite you to submit your website’s RSS feed for consideration to be featured on the website.
If you are not a content creator, I invite you to check out Daily Finance Blogs. Subscribing and providing feedback to me on how I can make it better would be great.
The website updates throughout the day as new content comes in. As more sources are added, there should never be stale for more than 30 minutes at a time.
It’s still a work in progress and I’m learning more about how to run this website effectively going forward.
I’m very happy about my implementation of this idea. Let’s see where this goes in the coming months!
Thank you for reading and have a great day!
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