Earlier today a Twitter message passed by me with an interesting link to an article in the Globe and Mail about an article, ‘Four Traits of a Top Financial Blog‘.
The article got me thinking about the subject so I thought I’d take a moment to revel myself to you.
The Four Questions to Ask to Find a Good Personal Finance Blog
- What’s the Motive?
- What’s the Content?
- What Are the Author’s Sources?
- Who Is This Guy?
So let me answer each question for you. After reading my responses, I’ll leave it up to you to determine if I meet the criteria to help.
What’s the Motive?
Here is what the article said about motive.
The first aspect to examine is the writer’s vested interest. Owning a blog can offer an abundance of profitable opportunities such as hosting paid advertisements, complimentary invitations to events and discounts on various products. While many of these business agreements are ethical, some blogs may violate readers’ trust by selling them on a product that benefits the author. Source
My motive in providing you with help is to help. I’m lucky enough in my life that I have created a life for myself that gives me the flexibility and opportunity to offer people unbiased help to assist them to find good solutions to bad debt situations.
My income from this site comes when someone clicks on one of the butt ugly ads that litter the site. I don’t pick the advertisers or have any control over who appears, I leave all that up to the magic of Google. They control the ads.
You will note that on the GetOutOfDebt.org site I give away my ebooks for free and offer no services that anyone can purchase. I have nothing to sell my readers.
What’s the Content?
The article said that a good blog content is:
Nearly all of the content on the GetOutOfDebt.org site is unique. People write me with their specific situation and I provide advice and suggestions to help them deal with their situation. The content is specifically targeted to providing real and meaningful solutions for individual and common financial problems. The site is not a simple regurgitation of breaking news or other content.
What Are the Author’s Sources?
Here is what the article said.
Blogs that cite their sources are often the most trusted and professional because they acknowledge when they rely on other people’s work. Source
As you read through the GetOutOfDebt.org site you will see quotes from other works followed by a Source link. That link will take you to the exact site or author when the information was found so you can verify what I have stated or said is true and to give the other author attribution credit they deserve.
Who Is This Guy?
Again, from the article.
The final aspect to consider when evaluating a blog is the professional consistency of the blog. If the blogger provides some information about his or her professional background, this is a good start. Do a little research to find out whether the blogger works in the industry or has any professional accreditations or knowledge. Source
Oh man, I’ve got this one covered. My interest in helping people with money troubles grew out of my own difficulties.
I went on to start a large and leading credit counseling group, I’ve written books on the subject, I’ve been interviewed thousands of times and people that know me provided testimonials you can read about my expertise and experience. You can also read my Linkedin profile to learn more about me, my background and my expertise.
I think I do meet the essential qualities of a good personal finance blogger and expert. I’m just damn lucky that all of my life experiences have lead me to a point in my life when not only do I have the skills and background to help, but I have the time and opportunity to help as well.