A Bit on Budgets

Posted by Thraxxus on Jul 29th, 2008 and filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry from your site

All this recent talk about budgets, balancing them, corruption, money loss, bankruptcy and debt induced suicide got me to thinking about budgets in general. Recently, as in today, I was chatting via Google Chat with my niece regarding her seemingly endless debt when I brought up the notion of making a budget. Turns out she listened to me a few weeks ago when I suggested it then, but struggled to make a meaningful one that would truly assist her in planning her financial future. Consequently, I offered my assistance in the matter and have subsequently built a simple worksheet using Google’s online share-able spreadsheet system(no this is not a Google Focussed Blog-Ad, although if Google wants to pay me to write one we here at BlinkinBlogs can surely use the cash).

While working on said spreadsheet a few things occurred to me:

  1. If most people that I know have a difficult time making a simple budget then how in the hell are governments doing so?
  2. Given number 1, how the hell do governments deal in the vast amounts of cash and expenditures that they need to track?!?
  3. How are audits done on Governments that act as umbrellas for collections of smaller Governments that in turn house even smaller Governments?!?!?!? (country->state->city)
  4. Why am I working on my niece’s budget when she is nowhere to be found!!??!
  5. How the hell did I expect a 19 year old to give even the slightest bit of what might look like interest in her own financial future beyond “I need some more money Uncs!”!?!?

Anyway, in all seriousness, GlazedNConfused and I have been talking about budgets recently and how they, and those that write, manage, and especially audit them, have lead not only local and state governments to the brink of disaster but also The Country as well. In doing so we neglected to touch on the idea of just HOW these people create and balance the budget. Instead of explaining it in the rather ridiculous fashion I had planned, utilizing primarily images of hand puppets and those little gold colored-alluminum covered chocolate coins, I will direct your attention to this fellow.

Good luck understanding it. If you can, perhaps you should try to get a job helping out those other folks that work for the government – they seem to have a rather difficult time getting it done.

2 Responses for “A Bit on Budgets”

  1. Tim Ramsey says:

    I recently came accross your blog and have been reading along. I thought I would leave my first comment. I dont know what to say except that I have enjoyed reading. Nice blog.

    Tim Ramsey

  2. GlazednConfused says:

    Valid points, all. The sad part is, there are individuals in government agencies whose sole responsibilities are balancing the budgets. Where is the accountability? Accountants by nature are human calculators, ruled by logic, checks and balances. Who is pulling the strings that these budgets became such an effing mess?

    Even sadder is the fact I was even better at budgeting my money at 19 than I am now. I’m unsure of what that means exactly…

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