I constantly hear people say that they keep going over budget. They are frustrated and discouraged because they put so much into create and implementing a budget, all to find themselves constantly overspending. Usually when this happens, I find that the same reason exists regardless of the person or company. 1. Underestimating costs. This is…
One of the hardest things to get a handle on as a business owner is your finances and how you can support your business and your personal life. You have to have a good plan in place in order to be able to still handle all your expenses consistently without any issues. So the first…
I recently did some random surveys, where I asked people questions about budgeting. Budgeting is a necessary evil but no one wants to do it and I couldn’t figure out why? Because it’s a very simple process. I even shared some simple steps in my post titled How To Create a Budget in 3 Easy…
Planning a major event, vacation or making a major purchase takes a lot of planning. And so does creating a new product or service or starting a major project. And the first thing people do for each of these tasks is create a budget, right? So why is it that when it’s time to start…
