Lynda ArtesaniLegal Accountant and Data Migration Specialist at The Proper Trust

Fairness in Finance - Don't Empty the Bank Account!

3 Dec 2024 · 1 min

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0:30

In this brief monologue, the speaker condemns the practice of depleting collective financial reserves, arguing that it unfairly burdens contributors who handle billing and other expenses. They stress the importance of maintaining a reserve (the "kitty") for overhead costs to prevent stress on everyone involved. The speaker expresses strong personal dislike for starting a fiscal period with an empty account, labeling the practice as detestable and hateful.

It is unfair to people like us who are helping you pay the bills, do the billing, and all of that stuff. That is an unfair position, and you need to leave stuff in the kitty for at least overhead expenditures so the stress isn't on everybody. I think people need to get used to that kind of model, and it's sad when I see it fully down to nothing. That's not a great— it's not a great way to start the year. It's one that I detest, and actually, I'll say the words, I hate it.