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  3. Whoever came up with the system “if you don’t allocate all of your yearly budget, your budget will be smaller next year” is responsible for so much human misery and wasted money

Whoever came up with the system “if you don’t allocate all of your yearly budget, your budget will be smaller next year” is responsible for so much human misery and wasted money

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  • sidereal@kolektiva.socialS sidereal@kolektiva.social

    Whoever came up with the system “if you don’t allocate all of your yearly budget, your budget will be smaller next year” is responsible for so much human misery and wasted money

    cptbutton@dice.campC This user is from outside of this forum
    cptbutton@dice.campC This user is from outside of this forum
    cptbutton@dice.camp
    wrote sidst redigeret af
    #41

    @sidereal

    I once pressed the "return" key on September 30th and thereby spent many millions of dollars.

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    • justinderrick@mstdn.caJ justinderrick@mstdn.ca

      @sidereal My favourite rule was "We're increasing our fees by 3% next year."

      Me: "Why? We have a surplus."

      President: "Because we have to make increases in line with inflation."

      Me: "Even though we don't need them?"

      Pres: "Yes, so that we can go a year without increasing them."

      Me: "We can not increase them this year."

      Pres: "That's not what I'm talking about."

      That was in the mid 2010's.

      Then COVID happened. And they didn't increase fees for almost three years, and it was a relatively minor hit, and they survived the pandemic, as did most of their clients.

      salty@mastodon.nzS This user is from outside of this forum
      salty@mastodon.nzS This user is from outside of this forum
      salty@mastodon.nz
      wrote sidst redigeret af
      #42

      @JustinDerrick @sidereal and then they put up their fees by 30% because reasons?

      justinderrick@mstdn.caJ 1 Reply Last reply
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      • salty@mastodon.nzS salty@mastodon.nz

        @JustinDerrick @sidereal and then they put up their fees by 30% because reasons?

        justinderrick@mstdn.caJ This user is from outside of this forum
        justinderrick@mstdn.caJ This user is from outside of this forum
        justinderrick@mstdn.ca
        wrote sidst redigeret af
        #43

        @Salty @sidereal Not sure, I was only there a short time. But they were accumulating surpluses into a contingency fund, which they drew on during the pandemic.

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        • tofticles@helvede.netT tofticles@helvede.net shared this topic
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