Posted by Tim Stobbs on March 31, 2007
Back on the 100th post contest I had a bit of a surprising topic suggested by Canadian Money asking what I thought of the ads on this blog and were they worth it. I say that is surprising to me since I had never even thought about that as a topic you the readers would like to hear about.
I currently only run Google Adsense ads on my site in three locations. One is on the far left column, one on the far right and one at the top of the middle post column. For those of you not familiar with the program let me give you the basics. For each click on those ads Google pays me a tiny fee which varies depending on what the advertiser wants to pay. Some of the rules involved are I personally can’t click on any of my ads for any reason. Also I am not allowed to ask you the reader to click on an ad in any of my posts. Basically the ads are there, but there is no obligation for you the reader to read them or even ever click on them.
In my opinion I keep the ads for two main reasons. One the income for the ads provides me with a minor sense of obligation to get out of my bed early every week day to write these posts. I consider this blog a part time job where I am getting paid (although the pay per hour is well below minimum wage). That minor extra motivation really helps some days in the beginning when I had yet to develop a sense of responsibility to you the reader to write a post every week day because you expect it.
The second reason I keep the ads is the income can be reinvested into the blog itself to fund contests and buy its own domain name. I put $50 of my own money aside as seed money for the blog, but once that is gone the blog has to be self funding (by the way we are almost out of seed money with the 100th Post contest).
Overall I don’t mind the ads myself on the blog. I already spend my days saturated in ads everywhere else on the web, so why should I make this blog any different if I can use the income to improve the blog for you the reader.
Enjoy your weekend,
Posted by Tim Stobbs on March 30, 2007
Today rounds out our Tracking Every Penny series with irregular expenses. Now in this section I had the following break down of spending.
Kid Clothes = $44.04
Kid Diapers/Wipes = $30.68
Kid Other = $12.70
DVD = $21.79
Clothes = $45.27
Medical = $37.58
Gifts = $84.18
So in summary the kid cost us $87.42 which includes enough diapers to last us about one and half months (the kid wears cloth diapers during the day). Gifts was a bit higher than normal with a high concentration of birthdays in March while medical was also abnormally high (typically it comes in as a zero for most months).
Therefore our total spending in March was $3171.30 which included $400 in furniture I would consider a rare expense, so if I take that off I’m at $2771.30 which is still a bit higher by $122 than I would have predict with my rough budget of 30-30-40.
In the end, I’m spending fairly close to what I thought I should be spending in the month and I learned a few things about my spending that I didn’t know like we are going through around 8 L of milk a week (keep in mind my wife does run a daycare). Overall I would recommend this as an exercise to anyone who has never done it. It can shine a light on the world as it is, rather than what you think it is.
Posted by Tim Stobbs on March 29, 2007
Well today marks a very special day here at Canadian Dream. This is my 100th post. It almost doesn’t seem real that I have been writing for this long now, but we are here never the less. So thanks everyone for the comments, questions and ideas for posts. With out you this blog wouldn’t exist.
To celebrate I’m going to have another contest. This time I’m going to give away a $25 gift card for Chapters, so that the winner can pick out which personal finance book they want as a prize. To enter please leave a comment to this post with a topic idea for a post or a reader’s question before April 3rd, 2007 at 7 pm CST. Limit one entry per person. Contest only open to residents of Canada and the winner will be picked by a random number generator.
Good luck to everyone and thanks for reading.