The simple answer is YES. The realistic answer is that you probably will not make $5 the first month with your WordPress blog. Because blogging has an extremely low start-up cost, it doesn’t take very long to become profitable. However, just because you are profitable (revenue > expense) doesn’t mean you are going to make lots of money during your first few years of blogging.
Why $5 per month
When starting up a blog, like any business, you have start-up costs. For a WordPress blog these costs are a domain name and website hosting. You can start a WordPress blog with less than a $5 per month investment.
|Website Hosting||Namecheap Value||$3.24||$116.64|
The table above shows a monthly cost of $4.13 and an initial investment of $148.65 for your first 3 years of blogging. Based on my experience you should be able to earn at least $149 during your first 3 years of blogging. Year 1 you may only make $10, year 2 $50, and year 3 $100. After year 3 you should be profitable every year. This is my experience using Google Adsense as my primary revenue source and being an amazon affiliate for some extra revenue.
What type of commitment do you need
When you first start blogging, your primary goal is to create content. It is extremely important that you create a schedule for content creation. A minimum of 3-5 blog posts per week is typically needed during the first year. If your primary goal is to make money, you will quickly become disillusioned with your WordPress blog and stop posting when you don’t see the money coming in or realize that the money is very small compared to your effort.
My blog launched on October 1, 2010.
Here are some statistics about how this blog has grown over time:
|Calendar Year||Blog Posts Written||Page Views|
I didn’t start to monetize this blog until April 2012 (a full 18 months after the blog launched). This blog became profitable during January 2013 (28 total months of blogging) when my cumulative earnings from the blog finally exceeded my monthly costs since the blog launched. This blog has been profitable ever since, meaning that monthly revenue has exceeded monthly costs, but not by much. This blog has somewhat stalled during the last few years, but I’m committing to post more often to see what happens.
Get Started Blogging
If you are ready to start blogging, buy a domain name and hosting from Namecheap now. The link is an affiliate link meaning that I make a little money when you use them and you save a little money by clicking.