Own your budget - three tips to get you started

One tip: Start with a question

As we approach the start of a new year, you may find yourself starting a new budget year in your organisation. Alternatively, you may be halfway through your organisation’s budget year.

The timing of the budget year may differ, but the challenges of owning a budget in your organisation remain the same.

Want to own your budget in 2024?

Here are three simple questions to get you started:

Tip 1 – Budget control should start with this question

Tip 2 – Explaining budget movements should start with this question

Tip 3 – Predicting future budgets should start with this question

Own your budget so it doesn’t own you.

PS: Are you ready to own your budget? Book a 30-minute session with me.

One sporting stat

The Indian Premier League (for T20 cricket) recently held it’s player auction ahead of the 2024 season. Australian cricketer Mitchell Starc, attracted the highest bid, with Kolkata Knight Riders securing his services for $4.43m AUD.

In comparison, top overseas players in the Australian T20 Big Bash League can earn just over $400,000 AUD. The salary budget for BBL teams is capped at $3m AUD.