Creating a Budget for Your Blog
It’s very easy to spend more money on your blog than you realize. TRUST ME.
Since you are the CEO, CMO, CIO, CFO, etc. of your new business, I recommend that you discipline yourself to “have a business meeting” once a month with yourself. Pick a day of the month, e.g., the first Saturday, and take a few hours to analyze your editorial calendar, traffic stats, and your income / expenses.
The first few months you will probably be in the red but do not let that discourage you as that is very typical of starting a new business.
Also, keeping track of it each month will make tax time a bit easier.
- Income and Expense Tracking (download to use with Excel)