A budget is an important tool you can plan for. It can help control costs, manage cash flow, and plan for investments. Operating without a budget can lead to overspending, poor planning, and potential failure; it’s a crucial tool for understanding your financial health. A budget is easy, it’s the…
Category: Budget
Budgeting Expenses
Assets vs Expenses Assets are items that we purchase that will be used for more than one year. When an item is used up within a year it is considered an expense. Assets are the resources that will be used in the future. Expenses are the costs that the company…