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Budgets

National Defense: Time To Revisit Goldwater-Nichols

Lt. Gen. Clarence E. McKnight Jr. | Posted 01.23.2015 | Politics
Lt. Gen. Clarence E. McKnight Jr.

A new military reform bill would provide an excellent opportunity for our elected legislators to ponder their own responsibility for the growing mound of waste we cannot afford.

Fiscal Fitness: Higher Education Must Be Run Like a Business

Dr. Robert L. Breuder | Posted 02.17.2015 | Business
Dr. Robert L. Breuder

Without exception, each and every college and university must keep their fiscal house in order at all times by maintaining a balanced budget with "rainy day" funds that promote freedom, action and innovation.

Colleges Must Learn How to Pay Their Bills

Dr. Brian C. Mitchell | Posted 11.29.2014 | College
Dr. Brian C. Mitchell

At many colleges, the practice is to "rob Peter to pay Paul," that is, to use the cash and credit available across all budget lines to balance the college's budget.

Changing Demographics, Bloated Budgets Shape Changing Fair Landscape Across the Country

Hilary Gowins | Posted 10.01.2014 | Politics
Hilary Gowins

Fairs offer a nostalgic, week-long escape filled with freakish foods and a sense of community that hearkens back to a different time. But their future is uncertain, especially in states that already can't pay for things such as education and government pensions.

Lots Of Luck

Richard C. Leone | Posted 09.23.2014 | Politics
Richard C. Leone

As he pursues his national "explorations" the governor is sure to be asked about this failure to follow through. And if he really wanted to have bragging rights about what has happened in New Jersey, he clearly missed his best chance by failing to fight for true budget reform.

Financial Literacy

Michael Kaiser | Posted 08.02.2014 | Arts
Michael Kaiser

Too many arts managers are not comfortable with financial concepts and data. They can create an operational budget that adds up correctly, but have little knowledge of the workings of the stock and bond markets, the implications of interest rate movements, or of recent economic activity.

Preview of New Ryan Budget: As Extreme as Last Year's, If Not More So

Joel Friedman | Posted 05.31.2014 | Politics
Joel Friedman

Basic budget arithmetic suggests that House Budget Committee Chairman Paul Ryan's coming budget will be at least as extreme as his budget last year, and likely more so.

The 4 Resolutions Every Indebted Consumer Should Make in 2014

Odysseas Papadimitriou | Posted 03.15.2014 | Money
Odysseas Papadimitriou

Interestingly enough, however, getting out of debt shouldn't actually top your New Year's self-improvement agenda. That distinction, as you'll see below, instead goes to crafting a well-thought-out budget and building an emergency fund.

Who Will Overspend This Holiday Season?

Hersh Shefrin | Posted 02.16.2014 | Money
Hersh Shefrin

The temptation to overspend is extremely strong when people do their holiday shopping. The truth is that some shoppers have more self-control than others. It's easy to come up with all kinds of anecdotes to illustrate this point, but only research can paint an accurate picture of what is going on.

Structural Deficits

Michael Kaiser | Posted 01.23.2014 | Arts
Michael Kaiser

Having spent most of my arts management career working to erase deficits of arts organizations, I must suggest that most organizations that face deficits do not face structural deficits.

3 Budgets: Women's Night In

Women & Co | Posted 11.20.2013 | Women
Women & Co

I've always loved a good girls' night out, but lately, I've grown tired of the "out" part. That's why, instead of waiting forever to get into clubs or struggling to hear each other over loud music, my friends and I prefer women's nights in.

Top Five Financial Tips for Students

Justine Kay | Posted 08.27.2013 | College
Justine Kay

After the graduation parties, job hunting, and teary goodbyes are over, it's time to figure out the heavy stuff: finances. How much debt are you going to be in? Do you need a cosigner on your loan? Is there an app for this!?!?

Digital or Bust: Budgets Flow Towards Stronger Returns

Amanda Fayer | Posted 08.13.2013 | Business
Amanda Fayer

It's not surprising to see marketing budgets shifting towards a more digital-focus this year. What makes the increase significant is the fact that a v...

Budgets to the Right of Us, Budgets to the Left of Us: Budgets, Budgets Everywhere!

David Coates | Posted 05.27.2013 | Politics
David Coates

They share similar names. They all promise prosperity. Nobody, after all, is going to label their budget "the route to yet more unemployment." In truth, however, these are not just different budgets. They are entirely different route-maps to our collective future.

The Beauty of a Budget

Manisha Thakor | Posted 05.21.2013 | Women
Manisha Thakor

Many people think budgets are about deprivation. As a financial advisor, I feel they are about liberation. Here's a simple three-step plan to create a budget that you will feel excited to follow.

Taking Endowment Earnings: How Much Is Too Much?

Michael Kaiser | Posted 04.06.2013 | Arts
Michael Kaiser

While reading the financial reports of numerous arts organizations recently, I have been alarmed at how many of them are taking large percentages of their endowment as income each year.

Where Rubber Hits the Road: Reforming Public Sector Management

Otaviano Canuto | Posted 02.09.2013 | World
Otaviano Canuto

The way taxes are collected, budgets and policies are set up, and public employees are managed and behave affect the results that governments can achieve. Why then is reforming public sector management so hard to obtain, since benefits are so obvious?

Bruised States Take Step In Right Direction, Still Face Difficulties

Reuters | Posted 02.05.2013 | Politics

Most U.S. states reached a plateau of fiscal stability in 2012 as their revenues slowly grew, but they still face threats from escalating costs, high ...

LA Port Strike: 'A Billion Here, A Billion There...'

James Bryson Hyatt | Posted 02.04.2013 | Media
James Bryson Hyatt

$1-billion-a-day figure estimating the costs of the Port of Los Angeles/Port of Long Beach strike was trotted out quickly and promoted widely, because it's attention-getting. And possibly, because it serves certain political objectives. But it's not accurate.

Gift Ideas for Dad -- From 'the Kids'

Women & Co | Posted 01.28.2013 | Parents
Women & Co

While Dad appreciated those gifts because they came from his kids, nowadays it seems there are so many options. Kids can definitely do better -- with a little help from you. Here are some gift ideas for Dad that I think he'll not only appreciate, but he'll love and use!

Taking Stock: Public Finances Now Stronger in Many Countries

Carlo Cottarelli | Posted 12.10.2012 | Business
Carlo Cottarelli

The slow global recovery is making fiscal adjustment more difficult around the world, but this doesn't mean that little has been accomplished. In fact, significant progress in many countries has been made during the past two years in strengthening their fiscal accounts after the 2008-09 deterioration.

Donor Fatigue

Michael Kaiser | Posted 11.10.2012 | Arts
Michael Kaiser

Some believe that donor fatigue is an inevitable consequence of long-term involvement with an arts organization, or other not-for-profit venture, and that these organizations must be prepared to replace their major donors regularly. I do not agree. I do not believe donor fatigue is inevitable.

Ask the Readers: How Do You Handle Money Mistakes?

J.D. Roth | Posted 10.07.2012 | Money
J.D. Roth

In a lot of ways, learning to be smart with money can be like learning to ride a bike. At first, the ride can be wobbly. Sometimes you might even fall.

Boards Can't Police Charities, So New Oversight Measures Are Urgently Needed

Pablo Eisenberg | Posted 10.01.2012 | Business
Pablo Eisenberg

The boards at Penn State and the University of Virginia are the most recent prominent examples demonstrating why we can't trust boards. But plenty of other institutions have proved time and again that they can't hold their institution's finances or programs accountable.

How I Refinanced My Mortgage, Cut Other Costs and Saved $6,000

Mary Ellen Nicol | Posted 09.23.2012 | Money
Mary Ellen Nicol

I find ways to cut expenses every day for homeowners, and I've used these same techniques to cut more than $6,000 from my own expenses so far this year. The good news is that most people can use this strategy and achieve similar results.