Post Mortem Budgeting
……Is tracking where your money went.
The money wasn’t told where to go. But it was tracked to see where it went. If it hadn’t gone to the right places it is made to look bad. So it is upset. Those who led them there are upset and they want to leave. Its bloody and messy.
Pro-active Budgeting :
…..Is telling your money where to go.
At the beginning of every month, you have a proper discussion with all concerned and give clear instructions to your money on where it should go. Be specific and don’t leave much to its imagination. Keep a check. If it strays from your instructions, bring it back to course.