Every business, whether small or large, needs a way to track its expenses, revenue and profits. "Budgets are really important for both internal and external (reasons)," says Joseph Fahey, director of ...

In hindsight, it makes sense that at the height of the COVID-19 pandemic Americans hoarded more money than ever. In fact, the U.S. Bureau of Economic Analysis (BEA) reported that... In hindsight, it ...

Forbes contributors publish independent expert analyses and insights. I am the President of Diversified, a CFP and author. When it comes to budgeting, there’s a broad spectrum of how people like to ...

So, you've finally decided to create a budget. But where do you start? The key is to find a budgeting method that actually works for you. Some people love to break out spreadsheets and figure out ...

In the broadest sense, a budget is an allocation of money for some purpose. The word once used to mean “pouch” or “purse”; a budget therefore is “what’s in the pouch.” Budgeting as an activity ranges ...

It's not surprising that so many small- and medium-sized businesses use line-item budgets. They're easy to use and quick to create. You don't need an accounting degree to figure them out. But there ...