Welcome Once again and thank you for joining and have the opportunity to lean new saving plans for bloggers .
Great brilliants minds continue to earn huge chank of monies from experienced bloggers and newbie bloggers on blogsites/ blogging.
Today's niche i wish to talk about how this monies need to be managed as other bloggers use what they earn without a clear way of spending their ramson from their hard work ,leaving them with languishing in Labject poverty despite earning 6 figures or 7 figures .
Let's begin by looking into the first key steps in understand how our money is being spent.
Self Analysis On your Spending Habits .
This step is a key because if you understand how your money is spent it will be the fist step to assist you to sit down and come up with a personal financial management plan .
Sample plan
A indicating the spending pattern shows all your blogger monies and how each item use your monies too.
the analysis you should have learnt from your actions and come up with informed decisions and immediately draw a
Personal financial Management Plan.
Is a tool which you the blogger can use to track your spending habits and assist you to plan your finances so that to save for the future plans.
Sample financial management plan
The Personal Financial Management Plan have great advantages as listed below :-
1.Enhence Good Time Management.
2. Reduce wasteful spending .
3. Informed decision.
4. Help in only spending what is planned for.
5. Guide of your financial Spendings.
For any blogger to succeed one must embrace a personal financial savings and management plan which enable one to accumulate financial proceeds and use them to other personal Investments.
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