A few quick housekeeping things this afternoon. Please let me know if you have feedback on any of these items.
Scheduling
First, I’m thinking of breaking out of the somewhat-rigid schedule I adhere to with 5am posts every weekday. Originally, I published articles when they were ready. Sometimes that was late in the day, sometimes that was early. I think returning to this would give me some additional flexibility.
Earning extra money
Second, I don’t usually draw attention to The Personal Finance Hour once we’re done with an episode, but this week’s show was especially good. Jim and I spent an hour talking with listeners about earning extra money. There’s a recap of the show at Building Wealth Together, but for once I encourage you to give it a listen.
The role of personal-finance blogs
In a similar vein, I was a guest the Behavior Gap Radio podcast this morning. I spoke with Carl Richards of Behavior Gap and Bill Schultheis of The Coffee House Investor for about 45 minutes. We discussed the relationship between personal-finance blogs and financial planning. Are they in competition? Or do they complement one another? And what options are there for people with just $5,000 or $50,000 to invest?
The Secure Student
After the podcast, I had lunch with Mike Young, the CEO of The Secure Student. I wrote about this program a couple of months ago. Based in part on feedback from GRS readers and discussions with kids themselves, Young has decided to revamp his approach. He’s grateful for your suggestions, and now hopes to shift the program so that it’s “created by the kids, for the kids”.
Less e-mail
E-mail is consuming too much of my time. I feel compelled to give a personal response to everyone who writes, but that’s taking several hours per week away from my writing — and I still never catch up. It’s a tough balance: I could provide a detailed personal response to a handful of readers who write with questions — or I could spend that time writing blog content that might be of use for tens of thousands of people. I think the solution is to emphasize the GRS forums as a place to seek answers to questions.
Survey results
Finally, the data from the recent site survey is being processed. I’m fascinated by some of the results:
- 77% of you want more information on banking (!!!)
- 87% are interested in budgeting
- 90% of you like frugality and DIY tips (and here I’d been cutting back on those because I thought you were tired of them!)
- 85% of respondents want to learn more about investing
- There’s very little interest in information about insurance.
Basically, it sounds as if your interests are still aligned with mine. I don’t have to worry about flooding you with frugality info or giving you an overdose of investing posts. Good to know.
This article is about Administration, Odds and Ends Wednesday, 17th June 2009 (by J.D. Roth)


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June 17th, 2009 at 5:46 pm
I really like the 5 a.m. thing. It’s nice to know that when I check the blog in the morning something new will be there.
June 17th, 2009 at 5:51 pm
Perhaps you should hire an intern or two to handle your e-mail. They could do it online- respond to the basic queries, delete spam, organize things for you to read later, etc.
June 17th, 2009 at 6:01 pm
I like this site a LOT, but I believe you should be more flexible with your post times because that IS one of the reasons you wanted to make this your main source of income.
June 17th, 2009 at 6:11 pm
I too am good friends with Mike Young, creator of The Secure Student Program, and am excited with his direction…such a great cause. Mike has even agreed to let us provide 20 lessons from his program for our members and their high school kids! If you haven’t already, check out http://www.thesecurestudent.com, and get your high school kids involved.
Interesting statistics on the survey.
I’ve been also meaning to check out the Personal Finance Hour…thanks for the reminder!
June 17th, 2009 at 6:55 pm
87% of your readers would like more content on budgeting - me thinks a post on T. Harv Ekers JARS system would be appropriate right about now
June 17th, 2009 at 7:08 pm
nitpicky thing, J.D…. “data” is the plural form of the word. (so the data ARE being processed!) sry, i am writing a dissertation so i’m in extreme writing mode. will be interested to see the full results of the survey!
June 17th, 2009 at 7:09 pm
I would say my top interests are:
budgeting
investing
banking
Initially, I was going to “in no particular order”, however, it would seem logical that all 3 are interdependent on each other… Just a thought….
June 17th, 2009 at 7:56 pm
I don’t need you to stick with the 5am (Pacific?) post time, so long as there’s at least one post a day.
June 18th, 2009 at 12:24 am
A post a day is a great goal, but life does happen….I also don’t care about the timing since my time is so different anyway.
June 18th, 2009 at 5:06 am
It might be worth it to try writing articles the day before, and having some type of automatic job to post it for you at 5 AM. This way, you don’t have to wake up to post new content, but new content is always available for early AM east coast readers like myself.
It shouldn’t be too hard to write a script to do something like this; let me know if you want some help with it.
Regards,
Aaron
June 18th, 2009 at 5:44 am
I think your site is great, what ever works for you, works for me. Also, on the subject of budgeting…I was a Consumer Credit Counsler for several years and one of the thing we did was help parents teach there little ones how to budget. 3 jars: 1 for saving, 1 for giving (church, birthdays, Christmas etc.) and 1 for spending (candy, small toys etc. on shoping trips with Mom or Dad) We also did goal posters with a picture of the item they wanted to buy and a chart for tracking their savings toward the goal. Hope this helps someone out there and keep up the good work!
Regards,
Judy
June 18th, 2009 at 6:03 am
Get an intern to handle your email requests (at least some of them) as well as the administrative stuff…
June 18th, 2009 at 6:31 am
Will you publish the complete results of your survey? I’m curious about the demographics of your readership and about how many people completed the survey.
June 18th, 2009 at 6:31 am
Your needs come first, so change if you need to, but I’ll throw my two cents in saying I really enjoy knowing new content will be there every morning.
June 18th, 2009 at 7:09 am
Aaron,
That’s what I thought JD was doing already.
June 18th, 2009 at 7:18 am
@Chris (#15)
It is what I’m doing!
June 18th, 2009 at 7:20 am
Yes, it’s great to have a post in the morning.
June 18th, 2009 at 7:40 am
I’m reassured about the huge interest in frugality and DIY tips. I knew I felt like I belong here…
Thanks for doing that survey. It’s great how you respond to your readers’ interests.
June 18th, 2009 at 8:15 am
Love the site, love the site, love the site. Keep up the great work.
June 18th, 2009 at 8:43 am
I think it’s easiest to automate the posts so they go live at a certain time. If it’s too stressful, then I’d change it. You’ve got to do what works for you. I love Get Rich Slowly!
June 18th, 2009 at 10:43 am
If I e-mailed you tomorrow, I wouldn’t expect a personalized response. MAYBE I’d get some links to posts you’ve already done or MAYBE you’d post my e-mail and let readers respond. But I don’t think you need to feel obligated to the masses each individually. I think your responsibility is to the masses as a whole, meaning, you may let your readers help answer your e-mails. I would like a daily reader’s e-mail, with other readers responding with personal experience and insight. I think that the reader above who suggested intern help was smart. You could go to local colleges and I’m sure someone needs an internship. You could pay a flat fee for the summer or semester, or hourly, or nothing (with a glowing letter of recommendation). Since your business is e-based, you wouldn’t have to provide an office space if they could access certain things from home. This is a college student’s dream job. In fact, I’m interested….
PS - Re: Personal Finance Hour. I’d appreciate if you called attention to these after the fact if they are especially informative. I can’t listen to these at my work desk and have to find time later and if you don’t tell me how marvelous it is and how much it could improve my life, I simply won’t get to it. I am probably not alone. If it were transcribed that would be even better, but even giving me some highlights would allow me to evaluate the topic.
June 18th, 2009 at 11:13 am
@Irony - Go check out personalfinancehour.com for reviews each week. I will be writing recaps for each upcoming episode and they should be up by the middle of the week.
June 18th, 2009 at 11:29 am
Damn, the masses and I have opposite preferences in every category! Good thing I like J.D. no matter the topic.
June 18th, 2009 at 12:53 pm
JD,
How about you create several e-mails 2-3 or so, not too many to separate inquiries. For example:
1st e-mail address: Topic suggestions and links to articles. General comments
2nd e-mail address: Questions only
3rd e-mail address: PR, Ads, etc.
Maybe you are already doing this? I think the benefit is it will separate the messages that need replies.
-Charlotte
June 18th, 2009 at 1:51 pm
99.9% of my idealization about being in business for myself is not having to do ANYTHING at 5 AM. Screw having a post ready for the commuting crowd. Do it when it’s good for you.
Anyway, someone up that early probably would never know the difference if you instead chose to post the article at 11:00 the night before.
June 18th, 2009 at 3:21 pm
I like DIY tips and don’t care too much about frugality. To me DIY is about improving quality and getting exactly what you want. Frugality is just about paying less. For instance I like to bring my own lunch to work because it is much better than the food at the cafeteria; the $$ savings is a fringe benefit. This is why people make fun of things like making your own laundry detergent.
June 20th, 2009 at 12:31 pm
I, for one, have never noticed your rigid posting schedule and would not care if you returned to posting at various times of the day. I read your blog, along with others, on an RSS feed, and whenever I have time (which can sometimes be several days later — like today, Saturday, when I’m just getting to your Wednesday post), I read whatever’s there.
As for the e-mails, I’m sure that as popular as your blog is, your inbox must get overwhelming. It’s great that you make an effort to respond to everyone who e-mails you, but maybe you could have an auto-response explaining that you get hundreds (thousands?) of e-mails daily and are unable to respond personally to all of them, but suggest using the forum and archives. You can still look at each e-mail and give a personal reply to some of them, but it would probably save you a lot of time, and people wouldn’t feel completely ignored if they got an auto-response.