Most bloggers aren’t accountants or finance

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Most bloggers aren’t accountants or finance professionals, but if you’re running your blog with a business plan, there will be financial aspects you can’t afford to neglect. While these kinds of blogging skills can take time to develop (and form new habits), the bottom line is that you want to bring in more money than you’re sending out—and you’ll also afghanistan telemarketing data to be organized & thoughtful about what you do with your money.

Here are a few ways that you can manage the financial aspects of your blog and create winning money habits:

Understand Your Expenses
The first step in mastering your blogging finances is understanding your expenses. While starting a blog should be fairly inexpensive, you’ll naturally begin to accrue more costs as your blog grows, and you will need to invest more. Some basic blogging costs that you’ll need to account for early on in your blogging business include:

A computer
A reliable Internet connection
A domain name
A great hosting plan (or monthly hosting plan if you’re on a budget)
These essentials will allow you to get started, but as your needs grow—so will your expenses. Some things you may need to invest in as your blog grows could be:

SEO tools (and other blogging tools) like Ahrefs
Premium analytics tools to learn more about your readers
Blog security plugins and services
Advertising costs
A premium WordPress theme
Additional plugins to extend functionality on your blog
Email marketing tools (like ConvertKit vs. AWeber vs. Mailchimp)
Additional hardware costs like microphones or headphones
Office supplies
For a much deeper look into potential expenses, check out my guide “How much does it cost to blog?” where I break down the costs for hobby bloggers up to full-time bloggers so you can get a better idea of how your expenses might change depending on the size of your blog over time.

Keep Reliable Financial Records
The next step to responsible financial management is keeping reliable records of your incoming revenue and outgoing expenses. You can see how I categorize these line items in my own monthly blog income reports. Here’s an example from one of my recent monthly blog income reports, broken down by income source: