{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Committee Room","title":"Ep 25 Planning your Numbers","html":"","width":"100%","height":180,"duration":1079,"description":"The Treasurer opens last year's budget, adds a little CPI to every line, and the committee approves it. It looks sensible. But nobody has actually budgeted for the year ahead — they've given last year's story a pay rise.\nIn the final episode of the Financial Confidence series (for now), Kate Hartwig and Kate McPhee show how to build a budget that connects to what your organisation is planning to do, see the tight months coming, and plan for the big bills before they arrive.\nIn this episode:\nThe zombie budget, and why CPI is good at increasing numbers but not at planning\nWhy budgeting is a job for the whole committee — and the three questions to ask first\nThe finance subcommittee, and when the budget conversation needs to start\nHistoric and zero-based budgeting, and when to use each\nEstimating expenses high and income low\nWhy “we budget to break even” is a slow way to go broke — and how to plan a surplus on purpose\nCash flow budgeting, because the timing matters as much as the total\nThe Assets Register, sinking funds and asset management plans\nFinance leases, operating leases and what belongs on the register\nComparing budget and actual figures every month\nFree Assets Register template from the Committee Companion.\nFull show notes and free download at thecommitteeroom.com.au","thumbnail_url":"https://img.transistorcdn.com/3KhiTf_Rg9u2Mabpnojtt9QRRB8v_oHBmz7df_bAv4w/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zNTAy/YTFiMTEyNTI0ZGE0/YzBlNDIyMTkwNjE3/ZGRjYi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}