Use It or Lose It: Making the Most of Your Year-End Budget
Maybe you’ve heard the term “UIOLI” (use it or lose it) or something similar before. In the business world, this stems from the idea that next year’s marketing budget for your department will be cut if you don’t spend all your allowance for this year. This typically creates a spike in spending between October and December, but unfortunately, many people don’t use the budget wisely!