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.

Continue reading

🚨 A Quick Update: Apologies for the Missing Post

You’ll have to forgive me, but the Friday post for the “Stop Being Stupid” mini-series is currently absent. Normal service will be resumed soon, I promise.


Frankly, I’ve just spent six hours in A&E with my eldest son, who is 23. He’s been absolutely felled by the mother of all flu strains, which is bad enough, but here is the fun part: almost all of his symptoms were those of carbon monoxide poisoning. The doctor this morning thought they were too similar, which had me terrified, especially because of a mini-disaster at his work the day before where he had the potential to be exposed.

Continue reading