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> Companies have budgets because they are necessary, and because they do work. Why should it be different for, say, a family of five? Because a family isn’t a
by mulmen 4y ago
> Companies have budgets because they are necessary, and because they do work. Why should it be different for, say, a family of five?
Because a family isn’t a company.
A budget may be good for a family but not because it’s good for a company. They may both benefit but that’s coincidental.
- manmal 4y agoIn my experience, there are similarities that are relevant: - Funds can be withdrawn by multiple parties, necessitating a shared understanding of fund availability - Funds are limited to a somewhat (but not perfectly) predictable amount - Cashflow should be monitored to avoid overdraw - Money is spent on a multitude of necessities, and a compromise for allocation must be found that is acknowledged by all parties involved
- mulmen 4y agoI don’t think it’s worth squinting so hard. The differences are so great you’d be better off looking to similar families instead of a completely different class of social construct. Most importantly the remedies are different. When cash is tight a company can lay off workers. You can’t do that with your kids.
- manmal 4y agoFair enough, I agree with you there. BTW I recently learned that my great-great-grandmother „laid off“ (sent to an orphanage) two of her children after her husband was killed. It was a grueling experience for the children, according to their descendants. Fortunately this is not how humans are treated anymore, in most areas of the world.