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It’s vitally important that you learn how to BUDGET, if you want to be successful online.

The first thing you need to budget is your time.

If you’re not careful you can lose alot of time in what feels like a very short period of time.

The other thing you need to manage in order to be successful is money.

You will be bombarded with new offers, new products, etc. It’s the “next-big-thing” syndrome.

A great way to learn how to budget your time and money is to keep a daily journal or log on how you spend your time and how you spend your money.

Be honest. Write down everything.

That way you can go back over everything and really see where your time and money is going.

My guess is that this will be a rude awakening for you. You’ll finally start to clearly see how you are really spending your time and money.

This is the first thing that those financial “experts” do for people who run up huge credit card debt and can’t stay on budget every month. They make them keep track of where every penny they spend is going. This way they can see how quickly things add up.

I’ve known people who make over $100,000 a year, who are in debt up to their eyeballs because they don’t keep track of where their money is going.

A young man I knew once told me he couldn’t afford to spend $100 a month on advertising. After he charted all of his spending, he realized he was spending nearly $200 a month on DVDs, many of which he never even OPENED.

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