Vermont

The Budget: Make It, Don’t Break It!Wendy LaPine Kenny, Finance Manager

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Is a Budget like a Diet?

For many, the idea of budgeting money is about

as appealing as dieting. But unlike diets,

budgets, for the most part, do not require

extreme hunger or weigh-ins! So grab your

pencil, paper and chocolate as we embark on

the thrill of numbers!

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Vermont

Benefits of a Budget

• Provides a written plan for managing money

during a given period of time

• Forces evaluation and modification of spending

patterns

• Is the road map to meeting financial goals

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Building a Budget

• Budget Template Draft

• Align to existing Chart of Accounts

• Gather historical information to substantiate Income and Expense numbers

• Determine short and long-term goals

• Research any “new” events or competitions to gather estimated income

and expenses associated with such

• Don’t hesitate to use notes to document numbers

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