Swanny007 - 12:27 am on Mar 22, 2010 (gmt 0)
The things that come to mind are:
- pay off credit card debt (and other personal debt)
- build up a minimum 8 month emergency fund
- set some $$ away for retirement
If that's done, don't sweat the small stuff. My biggest site is 10 years old and I'm still a little paranoid that the dollars won't keep coming in. Overall I try not to worry about that and just keep things clean.
It's been my experience that starting a bunch of new sites to spread out your earnings potential is more time than it's worth. Just keep at your main hobby site and give 100%. Keep an eye on the competition and stay ahead of the game, introduce new things before they do.