Welcome to my newsletter “Behind the Numbers”.

A fortnightly newsletter where I share tips for Budget Owners on how to run your budget more effectively. I may also share an interesting sporting stat along the way.

For those of you who know my story you’ll get why numbers and sport are so much part of who I am.

Own Your Budget – What to do with Financial Reports

A couple of weeks ago, I ran a Financial Literacy workshop at the Business Educators Conference in Sydney. Sharing a conversation with Year 11 & 12 teachers who cover the topics of Finance and Accounting.

The challenges for teachers are not dissimilar to the challenge for budget owners:

There is so much information available that you have to be able to filter it.

When it comes to teaching about Financial Statements, there is so much content to cover. Teachers are looking for examples that students can relate to. How can they make it practical with real life examples that their students can connect with.

When it comes to understanding financial statements, a useful filter to start with might be:

“What do they tell us?”

When it comes to managing budgets, there is a lot of information available on the monthly budget report. In particular the Profit and Loss report. Budget owners want to see progress. How are the actions of the team making a difference?

When it comes to managing budgets, a useful filter to start with might be:

"What should I look at to make sure that I'm on track"

Own your budget so it doesn’t own you.

PS: When you are ready, let me know what’s front of mind for you right now. Send me an email ([email protected]) and let’s start a conversation.

You are receiving this as a past participant of one of my Finance workshops. Or we may have worked together in the past. If you don’t want to receive these newsletters in the future, please feel free to unsubscribe using the link below