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Page 10 of 10
Budgeting
9. Keep Up to Date
9.1 Your budgets should always represent accurate and realistic targets.
- This way, you will know what to expect. You will be able to tell what has gone according to plan, and foresee problems and opportunities in time to take action.
9.2 If circumstances change, update your budgets - so that next month you can tell what else is different.
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