States, cities and tribal nations across the country are facing massive budget shortfalls due to the economic fallout of the COVID-19 pandemic, which has emptied public coffers through a combination of depleted tax revenues and surges in emergency spending. These governments are jointly expected to lack between $490 and $620 […]

A new year, a new chance to start fresh. For many, that means laying out a budget. But if the pandemic has taught us anything, it’s that even the best laid plans can be turned upside down. Your old budgeting habits may no longer make sense in the COVID-19 era. […]

This holiday season undoubtedly looks different from what we are used to given COVID-19. It’s possible your holiday plans may have taken a new shape, maybe even virtual, or canceled all together. One thing that is not so different, the holiday season causes many of us to go on a […]

CHARLESTON, S.C. Homeowners in Charleston may see property taxes go up as the city considers using sales tax money to make up an $18 million budget shortfall. The Post and Courier reports Charleston City Council members are debating a budget proposal that would increase taxes on a $300,000 owner-occupied home […]

My last blog post, Don’t Be a Budget Hater, discussed the surprising truth that not all budgets are bad.  They often have a negative connotation, but hopefully after reading the article, you see the benefits of budgeting.  Now we will dive into different types of budgets.  One Size Doesn’t Fit […]

Happy family enjoying together in park. Like many people, I’ve had to deal with significant hits to my income level during the pandemic. We’ve been fortunate to live a comfortable middle-class life, but holding on to that now requires drastic spending reductions and very careful money management. Fortunately, the silver […]

Duties Summary The Office of Budget & Travel (OBT) is responsible for the development and execution of the Department’s budget across all Treasury Departmental Offices policy and management offices. OBT provides on-going analysis to Treasury management to help make informed decisions on budget requests to OMB and Congress. OBT is […]

Joyful older couple reading Christmas card to their granddaughters. The holidays can be a notoriously expensive time between traveling to see family, buying gifts for loved ones and prepping holiday meals. Fortunately, several retailers, grocery chains, airlines and other businesses offer discounts specifically for seniors that can help make the […]

Divide your expenses into non-essential and essential spending. Look at all of your expenses and determine whether they’re essential or non-essential, thebalance.com says. Examples of essential spending include food, utilities and health care, while non-essential spending includes streaming services, cable TV and gym memberships. While you’re at it, don’t forget […]