Week 4: The Rainy Day Illusion: Running a Charity With Zero Financial Reserves.

🛑 STOP Being Stupid: Week 4 of 40

1–2 minutes

Living Hand-to-Mouth is Not a Business Strategy

There’s a stupid idea floating around the charity sector that the most virtuous charity is the one that spends every single penny it receives the second it lands in the bank. This is often driven by a misunderstanding of what a healthy charity budget looks like.

A charity with no financial reserves is a time bomb.

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Books to Read

I read a twitter thread the other day about reading books, that they are essential to growth and how much of a good habit it is to get into. I really agree with this. Spending time in another world, discovering hidden characters and gems within works of fiction takes me to magical places and away from the humdrum bedlam and stress that life can be. Reading development books of every description and topic helps me learn new things every day. Delving into history books teaches me of my past and lessons that should not be forgotten.

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