Quote by Dr. Laurence Buckman

Budgets are for cutting, that's why you set them.

Budgets are for cutting, that's why you set them.

Summary

This quote suggests that budgets are not simply meant for planning and allocating resources, but also for making necessary reductions or cost-saving measures. By setting a budget, organizations or individuals establish limits and prioritize their spending in order to make choices about what can be reduced or eliminated. It emphasizes the importance of prioritizing and making tough decisions in order to effectively manage finances and achieve financial goals. Ultimately, budgets serve as a tool to control spending and ensure financial stability.

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By Dr. Laurence Buckman

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