#34 Three Tips to Help You Manage Team Budgets Effectively

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Struggling to stay on top of your team’s budget? In this episode, I share three practical tips to help leaders improve budget management, reduce surprises, and make better financial decisions.

You’ll learn:

1. Why monthly budget updates from your finance team are essential—and what to look for in those reports
2. The importance of categorising income and expenses using clear cost codes and accessible invoices
3. How to review and adjust your budget annually to ensure your allocations reflect current priorities

Whether you’re new to managing budgets or looking to tighten your processes, this episode will give you simple, actionable strategies to keep your team’s finances on track.

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Mathew Hamilton leads a high performing team of professionals and has worked across numerous industries in both the public and private sector.

He holds an MBA from the Australian Institute of Business.