Welcome to the first blog edition of my 3 part Blog Series, 1-2-3 of Finance. Today we will talk about a budget. A budget is really a method by which you keep track of your money, and finding out where your money is going. Often people think that they don’t need to budget but if you look at any institution or business they all have a budget in place. Each University faculty has a budget and even the Government starts each new financial year with a budget.
Flashing lights, loud music, thumps and booms. The audience roars and screams into the New Year. A crescendo of triumph swept through the building as fireworks boom explosively into the New Year night sky. New Year’s resolutions fly like comets and flip into the sky, popping with a big bang and sparks floating off into the night firmament.