The idea of living according to a budget can make plenty of eyes roll. The word itself has a way of conjuring feelings of deprivation and gloom. That's not, however, the way it has to be—or even the ...

A primary responsibility of a small-business owner is to develop plans, or budgets, that formalize a company's operational objectives and express them as financial performance criteria to be met by ...

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 ...

Did you know that the majority of small businesses don’t even bother creating budgets? It’s true, as the statistics show. Consequently, they suffer from a lack of financial oversight; without budget ...

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 ...

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 ...