Eric Allen emphasizes that a budget is fundamentally a plan that encourages intentionality with resources and provides a framework for making financial decisions aligned with long-term goals. He highlights its value in offering clarity by comparing planned versus actual spending. However, Allen acknowledges that budgeting can be time-consuming and potentially stressful if one adheres to...
Startups backed by venture capital — and their investors — often lose tax savings because they organize as corporations rather than limited liability companies, finds a UC Riverside-led study.
