First, create an account at Bloglovin' if you haven't done so.
Second, click here
Once you click on the link above it'll take you here, click on tab shown below...
Once you have clicked on the "Import from Google Reader Tab" it will take you to a screen like this..
And Wallah your done! That's it! Easy huh?!
Here's a glimpse of what you will be seeing in Bloglovin'.
The RSS feed is so similar to Google Reader. Here is a screen shot of my Google Reader...
And here is Bloglovin's Reader
Looks the same right? Phew!
Now onto my favorite part about Bloglovin', you can simply click on next or oldest tab to simply go into reading your blog subscriptions. In Google Reader you would have to go back from a blog you were currently reading to Google Reader to read another post from your bloggy friends.