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Discussion 5

A detailed and realistic budget is one of the most important tools for guiding a program’s successful implementation. It helps in tracking expenses and improves financial decision making. It also helps the entire program team stay focused on long-term financial goals through monthly updates.

In your initial post, address the following:

· Describe the purpose of budgeting, including how it helps achieve the desired outcomes of a healthcare program.

· Describe how you plan to use types of funding sources such as revenue, savings, and/or donations for your program plan.

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