A cash flow budget is a forecast to help determine what your cash balance will be in the future. Monitoring your cash balance is a vital importance in both business and personal life. This is why...
Category: Budget
To my knowledge, geneticists haven’t found the budgeting gene in our DNA. When I first started doing a budget I found it incredibly difficult and thought that people doing budgets must have been...
When doing a regular monthly, weekly or fortnightly budget it can be difficult to remember expenses that come in quarterly or annual cycles, and because of this there have been times when I've done...
When I started creating budgets, I used a simple technique to help cast a new monthly budget: I applied what happened last month and used the same figures for the next month! This was a very lazy...
When it comes to managing your finances, there are two concepts that you should know about: budgeting and forecasting. Forecasting is the ability to predict how your money will be spent in a...
Is Budgeting A Continuous Process? How To Be A Budgeting Ninja
Budgeting is a continuous process that involves reflecting back on what you had cast with your previous budget, comparing your forecast to what actually happened, understanding why the budget didn't...
