TikTok users are making some old budgeting tricks fashionable again. Simple rules of thumb lend themselves brilliantly to quick videos, and they’ve taken off among people looking for straightforward answers to rising prices and tight budgets. One popular one is known as the 50/30/20 rule. It’s based on the idea that you should spend 50% … Read more
Along with a proposed 2.5% increase for city employees, budgets presented to the Warsaw Common Council on Monday included something new for 2025 – longevity pay. Sworn firefighters and police officers already receive longevity pay, but now the plan is for all city employees to receive it. The first half of Warsaw Common Council’s budget … Read more
Analyzing the results of Forrester’s Budget Planning Survey, 2024, it’s apparent that marketers will still be plagued by “tight budgets” and “a lean year” in 2025. On the surface, it may appear as if most budgets are increasing, as 82% of global B2B marketing decision-makers report their budgets being increased by 1% or more. But … Read more
“Hey guys, I’m not rich.” This is what my 20-year-old daughter told me that she said to her college roommates when they started picking out expensive decor to purchase. I didn’t know it at the time, but Celeste was practicing “loud budgeting”, a recent trend among Gen Z and Millenials in which people are encouraged … Read more
More than a dozen federal statistical agencies are having a harder time producing quality data. Part of the problem is fewer individuals filling out the surveys that power this data. Add staffing and budget shortages, and the American Statistical Association says the mission of these agencies is at risk. Former Chief Statistician of the U.S. … Read more
When my clients first build a budget, I notice they often make one key mistake: They don’t include saving or paying off debt as a line item. They plan for the expenses they know they’ll have, like rent and necessities. Then, they assume they’ll use any leftover money for other goals, but it’s an afterthought. … Read more
ALBUQUERQUE – In June 2024, District 6 City Councilor Nichole Rogers, announced the start of a partnership with Participatory Budgeting of Albuquerque. The Councilor and PBABQ together held a community “Visioning Session” in District 6 on June 18 where community members were invited to envision a Participatory Budgeting Pilot Program in Albuquerque. Then on July … Read more