Budget Tracker

[Lord Saru]

Do you have a budget tracker?

I have seen forums where they have displayed what amount of money is going where. I think this is one of the most excellent ways of being transparent so that your members know where their money is going and towards what.

 

[Yoda]

I think it’s a good idea to let your members see what it actually takes to keep a site going and where any potential donations etc are going toward.

However if you are doing something like that I think it needs to be kept live and 100% up to date or else it could be misleading and ultimately pointless if it is not updated?

 

[Gizmo]

We use a Google app called FamilyWall which has a budget in it as well as a shopping list, notes, and a lot more cool features. We use the budget to keep track of how much to save for our holiday.

 

[Deleted member 29780]

I do have one actually, but is it updated? ahaha noo... Should I update it? Most definitely I think it can be very helpful to track my expenses and revenue. Thanks for posting this - you encouraged me to look at mine again 😀

 

[Ravenfreak]

I currently don't make money off my websites, so I don't have a budget tracker on any of my websites. Though if I ever think to go down this route in the future, I will be transparent with my members on where their money that they donated to the site is going.

 

[cpvr]

Do you have a budget tracker?

I have seen forums where they have displayed what amount of money is going where. I think this is one of the most excellent ways of being transparent so that your members know where their money is going and towards what.

I don’t use a budget tracker because I cover all forum expenses myself. If I accepted donations, I’d possibly consider one for transparency. However, as long as the forum runs smoothly, users are happy, and their suggestions are considered, a budget tracker isn’t really necessary.


In some cases, publicly displaying finances can invite drama and unnecessary scrutiny. Not everything needs to be announced.

 

[Baw$e]

I'd be open to doing something like that to fund poker tournaments for my members. I already had a few members that wanted to add dollars to our prizes.

 

[Allenafaith]

I use an app on my phone and I have all of my bills on there, but I’ve got to find a different way to budget because we have been super broke lately. Not sure what happened. I’d rather use an app instead of like writing it all down myself and figuring it out like that but it’s looking like I’m going to have to do that because I don’t want to pay for an app to help and I can’t seem to find any good free ones.

 

[Kino]

I use an app on my phone and I have all of my bills on there, but I’ve got to find a different way to budget because we have been super broke lately. Not sure what happened. I’d rather use an app instead of like writing it all down myself and figuring it out like that but it’s looking like I’m going to have to do that because I don’t want to pay for an app to help and I can’t seem to find any good free ones.

Sometimes that's the easiest way. I'm a Lending Manager and we help a lot of people through small coaching on how to make things work. We have some budget sheets I can share with you. No idea if they will help or not though.

 

[Allenafaith]

Sometimes that's the easiest way. I'm a Lending Manager and we help a lot of people through small coaching on how to make things work. We have some budget sheets I can share with you. No idea if they will help or not though.

Hey, at this point, I’ll take anything you have if you want to message them to me! Thank you!

 

[Page]

At the moment, I don’t currently have a budget tracker set up on BaysideGamers.com that publicly shows where funds are allocated or spent.

I do agree that having something like that can be a really good way of being transparent, as it helps members clearly see where money is going and what it’s being used for within the community. It’s definitely something I can look at introducing in the future, but right now it isn’t a feature we have in place.