It seems that sticking to a budget is essential, even if you are the Head of the Commonwealth. Unfortunately, the Queen has exceeded her budget. So much so that the British parliament has insisted that the Queen reduce her spending in the future.
Queen's Household Grilled over Spending.
There are concerns that there is only 1 million pounds left in reserve and if spending is not cut or further funds are not raised, the reserve could run out of money.
Details of the expenses of the Queen's household can be found in a formal report below.
British Parliament-Royal Budget.
Why is it important for anyone, regardless of income to have a budget?
In what ways could the Queen's household minimise spending to minimise the risk of going over budget?
How could they raise additional revenue?
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