And what I have realized is that it’s not only money that has to be considered when you set a budget for your blog.
We have another finite resource that we have to allocate to our online journey.
- Learning affiliate marketing and all that goes with it is, initially, a time consuming process.
- Applying affiliate marketing and all that goes with it is, initially, a time consuming process.
So in order to be successful at affiliate marketing and creating content time must be included when you set a budget for your blog.
Here’s my time budget at present;
Each evening from 9:30pm – 01:00am
In addition I always have my smart phone with me and I jot content ideas sketches down on an application called JotterPad X. This links directly to my Dropbox account. This then allows me to work at least an additional 30 mins a day.
Before setting my budget I spoke with my partner and explained what I was planning and why i was hoping to allocate so much of our free time to getting my business up and running.
If she hadn’t then we would have needed to work out a time budget that we both could agree and commit to. This is critical. The support of your loved ones in any project is of paramount importance if you are going to succeed.
The way I fumbled to my budget was;
I looked at what
wasted free time I had during the normal week. For me it was 9:30 pm onward each evening. Yes, I know pipe and slipper time 😉
I looked at my time commitments. Not just work time. It’s also the time that is used to enable these commitments to happen. For example most mornings I am up around 7 am and spend time with my daughter whilst making breakfast for her and her mother. When I come in form work I normally make the evening meal, spend time with my daughter and partner, bath Gracie and then put her to bed. This brings me up to 9:30 pm.
Weekends? Well today it is absolutely lashing down here in Liverpool UK so I have taken this opportunity to do some site tidying and write two little posts, both focused around keywords. Normally on Saturdays I take my daughter to the park and on Sundays go and see my parents.
So, if you want to set a realistic budget for your blog sit down with the people who the budget will affect. Tell them what you would ideally like for your budget (money, time, place to work) and then use your best negotiation skills to work towards a win-win situation.
Once you have a deal, make sure everyone is truly on-board and get their commitment.
Try your budget for a month and then have a review.
Take it easy and be kind to yourself