As a blogger, the recent snafu regrading the AP and the blogging world has me riveted. With the latest information that the AP is now going to charge a fee for bloggers to quote stories (even as little as five words), I’m thinking about how CRAZY things are getting online.
Paying for information you can get elsewhere? The AP doesn’t have a corner on facts, and many bloggers will be eschewing AP sites for Reuters, Bloomberg, CNN Money and other sources. I know this for a fact. I did it several times this morning — even though I didn’t use any direct quotes. I’m not even linking to the AP anymore (sort of a boycott).
I can get the same information the AP is charging for, somewhere else, for free.
And this relates to personal finances as well. One of the things that the Internet has done is opened the way to new ways of making money. Additionally, it is possible to find all sorts of information for free. You can get personal finances tips on blogs like this without any charge (but you do have to evaluate the reliability of the information).
In many cases, it is worth it to pay a little bit for a service, or even for information. But if you can get the same quality — truly the same quality — somewhere else for less, then that’s the smart thing to do.