Sankey diagrams are a type of flow diagrams with differing widths of arrows that track where an initial amount goes. They make for a great budget tool to see how your money ends up going. You can easily plug in your weekly or monthly expenses and paychecks or even put in your yearly W2 data …
Business owners and top-level managers invest a lot of time budgeting and in bigger organizations, the process itself incurs huge costing. In traditional methods of budgeting, the managers are required to review the previous year’s budget and then make amendments based on the performance expectations. However, in Zero Based Budgeting (ZBB), a completely reverse approach …
Saving money is something we all struggle with from the young age of 16 to the adult age of 50. After a little experimenting I have found a couple simple and easy ways to save money. As a college student, these few methods are very simple and very do-able. Bank Your Change You may have …
With disposable income becoming a bigger and bigger problem both in the United States and globally and inflation and the economic situation increasingly unpredictable, investment in aspects of our lives like education is becoming harder to manage. College education, of course, makes a critical the most important part of one’s education and is traditionally a …
Every college student knows that money does not exactly grow on trees. Sometimes you have to make choices about what you do or buy based on how much money you have. This is called budgeting and it is an important skill to have, especially in today’s economy. The summer is an especially hard time to …
Every college freshman is confronted with new finance problems and issues. Out of their parent’s house, not having to report where they are going or explain what they are doing all the time. It is like finally understanding what freedom is supposed to feel like. Cloud nine feels pretty good for a while. You are …