103: Budgets Really ARE Sexy! with J. Money

BiggerPockets Money Podcast

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4+ y ago 1:17:31

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J Money wasn’t necessarily BAD with money, but his first home purchase - made because everyone else was doing it - prompted him to seek out advice about money.

He stumbled upon the blogging world and was enthralled with the transparency. Here were real people talking about real issues they were facing - similar to what he was going through himself.

He started his own blog called BudgetsAreSexy, and soon was approached by someone who wanted to buy an ad on the site. A new source of income generation!

His blog success brought attention from national news sites, and traffic grew exponentially once they started sharing his articles. But as traffic grew, so did his time commitment.

As he became more entrenched in the blogging space, he discovered that people buy and sell blogs - so he started flipping web sites. Another source of income generation.

When it came time to choose between his full time job and his side hustle, he discovered the decision was made for him when he was called into his manager’s office and let go. (The company later went out of business.)

Thrust into entrepreneurship, J buckled down with his spending, and discovered that Budgets really ARE sexy, and they can be the key to your financial success.

Topics:

J's journey with money
How he came across blogging world
What his biggest financial regret is
Building income on buying blogs
Where he got his blog name "Budgets Are Sexy"
How he handle his personal financial position
The moment he created his budget
The 'no spend month' challenge
Talking about his net worth
How important time for him is
What his wife doing for work
His plan for the future
His advice on starting a blog
The biggest help to fix his finances
The reason why he was called as Miley Cyrus of finances
And SO much more!

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