Note: This post was written in 2012 by the previous owner of this blog.
I started blogging about a month ago and I think I’m addicted. I love sharing and receiving information about personal finance and I’ve met a lot of very talented people through the Yakezie network. I enjoy reading blogs from like-minded people and sharing information and tips around wealth creation.
What was the trigger to begin blogging?
For years, I’ve read personal finance blogs and stayed current with the most recent financial advice. I frequented the big PF blogs (GRS, Simple Dollar, FMF, etc) and enjoyed the content. I often took their advice and it has paid off handsomely.
What began to happen is that my income and net worth began to diverge from the core audience of these particular sites. Subsequently, their advice was not always relevant to me. Reading about saving money by cutting hair at home or making laundry detergent wasn’t a good investment of my time. Even saving $50 here and there wasn’t interesting to me any more. I found myself craving for information to make my assets grow, create passive income, and to find ways to save on big expenses.
I’ve always been the go-to person for financial advice, mainly because I would leverage the advice that I read on most personal finance blogs. People found the advice practical and useful, so I thought I could share this with a broader audience through a blog.
Other reasons I began blogging is to hold myself accountable for the advice on the site, to network with like-minded people, improve my writing, and learn more about personal finance. What will bring me ultimate joy is to see someone’s life transform because of the information on the site or better yet, enter into the 1% club.
Why the name?
I chose the name “I Am 1 Percent” because of the recent activism against the 1% of income earners in America. I know that there are many people in this category or close to this category that worked hard to attain their wealth and are doing practical things to preserve that wealth.
I strongly believe that the economy is not a fixed pie. One’s success is not at the expense of someone else. If wealth was not created and the economy was a fixed pie, our GDP would not be growing. Since it typically does grow year after year, outside of a recession, it is proof that the pie grows too.