Budgeting allows you to be more financially responsible. But how do you find a happy medium between awareness and obsession? https://t.co/jiQiKYojhu ...

Core Insights - First Horizon Corporation has achieved a record participation in the Teach Children to Save program, educating 8,900 students in financial literacy [1][3] - The initiative is part of a 15-year partnership with the American Bankers Association Foundation, emphasizing the importance of financial education in schools [3] - The program aims to fill knowledge gaps in traditional education by teaching essential money management skills such as saving, budgeting, and responsible spending [1][3] Company Overview - First Horizon Corporation, as of March 31, 2025, has $81.5 billion in assets and operates in 12 states across the southern U.S. [5] - The company offers a wide range of financial services including commercial, private banking, consumer, small business, wealth management, and mortgage banking [5] - First Horizon has received recognition as one of the best employers and a top reputable bank in the U.S. by Fortune and Forbes magazines [5]

Agency will enhance financial sustainability and operational efficiency with deployment of CGI Advantage® Performance Budgeting  DENVER, May 8, 2025 /PRNewswire/ -- CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest independent technology and professional services companies, today announced the award of a 10-year contract extension with Colorado Parks and Wildlife (CPW). The ongoing partnership underscores CGI's commitment to supporting CPW's mission through advanced performance budgeting and transfor ...

Core Viewpoint - Starbucks is implementing zero-based budgeting (ZBB) as part of its turnaround strategy to identify savings while increasing spending on its "Back to Starbucks" plan, which includes hiring more baristas [1][2]. Group 1: Zero-Based Budgeting Implementation - The zero-based budgeting method requires managers to justify all expenditures each year rather than basing them on previous spending [1]. - CEO Brian Niccol emphasized the importance of ZBB in exploring growth opportunities and identifying potential cost offsets during the company's earnings call [2]. - CFO Cathy Smith, who recently joined Starbucks, expressed her support for using ZBB to uncover stranded costs [2]. Group 2: Historical Context and Adoption - ZBB gained traction in the 1970s, notably advocated by former President Jimmy Carter, although it was not widely adopted by the federal government [3]. - Major brands, including AB InBev and Kraft Heinz, have successfully implemented ZBB to reduce costs and improve margins [3][4]. - The strategy has faced criticism for being overly stringent, potentially hindering employee productivity and innovation, as seen in the experiences of former Kraft Heinz employees [4][5]. Group 3: Other Companies Using ZBB - Companies like X (formerly Twitter) and General Motors have also adopted ZBB during critical transitions, such as after Elon Musk's acquisition and in response to pandemic-related disruptions, respectively [6].