How she started blogging
Michelle Schroeder-Gardner started her personal finance blog Making Sense of Cents in 2011, and barely even knew what a blog was.
“I started my blog as a way to talk about my personal finance situation and my life and as just a hobby, as a diary,” she said. “I didn’t even know blogs could make money.”
She wanted to document what it took pay off $40,000 worth of student loans, which she did in just seven months by hustling side jobs.
Now, her blogs rakes in an amazing $100,000 per month from income sources like affiliate links, ads, and courses she designs and sells. Michelle publishes her income reports online to inspire people and create transparency about money.
What she thinks about debt
She also is a staunch believer in eliminating debt, and wants to inspire others to do what it takes to be financially free
“A lot of people normalize debt which means if so-and-so has a car payment, a lot of other people assume it’s okay for them to have a car payment, a large home payment, or furniture debt,” she said. “I think that normalizing debt is what’s getting people into a lot of financial trouble. People think they can afford $100 per month, but over the long run it creates more financial problems, delayed retirement or no retirement.”
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She said the only good debt is the type you can pay off on a monthly basis.
“It’s something you know you can afford, such as getting credit card rewards points you can use toward a free vacation,” she said. “But its only worth it if you can afford the debt. The average car loan payment is almost $400 per month….the average person doesn’t need that.”
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What her life is like
Michelle and her husband live in a Class A motorhome, and they move around ever few weeks. She loves the freedom associated with traveling full-time, and hopes living way below her means allows her and her husband to retire early.
I love Michelle’s thoughts about living below one’s means and paying off debt, as it seems like that’s the only way to become financially free and feel in control of your money. What Michelle is doing is my dream, and I hope one day to be able to live as she does, with an income that allows me to travel and explore the world.
Check out some photos from Michelle’s Instagram feed below.
My latest online income report is live. I earned over $130,000 from my blog in the month of April all while traveling full-time. In my income report, you will see all of my secrets and my best tips. Best of all, everything is completely free. Check it out if you are interested in earning an income from home, while traveling, or if you want to start your own business. Link in profile 👍👍 #motivation