How you can remove your budget blind spots

One tip: How to spot a “budget band-aid”

Budget band-aids are like red flags. They are used by your people to cover up financial “sore-spots”. As well as budget “blind-spots”.

Working with operational leaders and their teams, I have seen five common budget band-aids used across a wide range of organisations and industries:

#1 The Budget Buffer

#2 The Budget Bombshell

#3 The Budget Balancing Act

#4 The Budget Bump

 #5 The Budget Bucket

Be aware of what they are and how you can remove them.

I have put together a guide to help you with this. You can download it here.

One sporting stat

The United States is the world’s most lucrative sports market. The NFL (American Football / Gridiron) brings in more annual revenue ($US 20 billion) than the soccer leagues for England, Spain, Germany Italy, and France combined ($US 19 billion), despite having a significantly smaller fan base across the world.

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How to build your financial literacy

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The Budget Bucket