Budgeting is a big part of financial planning because comparing a budget to actual expenses (variance analysis) will help you see how you are spending money and where you can make changes based on your plan. Then, you can adjust your budget in future periods. There are many correlations between personal budgeting and organizational budgeting. For this discussion post, briefly share one idea or observation about budgeting that made an impression on you (no works cited or reference required). Or, if nothing comes to mind, please research personal or organizational budgeting and create a post about something that made an impression on you (cite any works you may use).
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