A zero-based budget is a budgeting method in which every dollar of income is allocated for a specific purpose. This budgeting approach involves starting from scratch and allocating every dollar of ...

What Is Zero-Based Budgeting? Zero-based budgeting is a method of budgeting that starts each department's budget at "zero" and requires each line of expenses to be justified. This budgeting method ...

Zero-based budgeting (ZBB), a tool designed to keep costs low and profit margins high, is still a source of debate in the industry. Even its proponents note that timing, company priorities, and even ...

Pete Pyhrr’s concept of zero-based budgeting was adopted by his company, Texas Instruments, at the time of its inception in the early 1970s, and soon after by Jimmy Carter while he was governor of ...

An interesting question arose in the spring of 2025, just before the summer holiday season kicked in. Travel platform Afar posted the headline: “Is It Ever Worth Going Into Debt to Travel?” One might ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Alex Bitter Every time Alex publishes a story, you’ll get an alert straight to your inbox!

A sidebar to a recent article about Clark Public Utilities’ consideration of a rate increase made the incorrect statement, “The utility uses zero-based budgeting, meaning expenses and income must ...