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Budget percentages

"I believe it is impractical to structure in percentages when life is so unstructured. Life challenges and budget disciplines are not measured in percentages… they are measured in occurrences for which many cannot control in the early part of his or her career. There is plenty of time later on in life to address savings requirements."

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MIT Kuo Sharper Center for Prosperity and Entrepreneurship Entrepreneurship

MIT Kuo Sharper Webinar Series

From corporate-unicorn partnerships to the power of local trust, here how our Entrepreneur-In-Residence Andrea Kates outlines the real-world imperatives facing entrepreneurs, scaleups, and executives alike. The blog previews upcoming topics in the series, including AI in emerging economies, infrastr...

Apr 17, 2025
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MIT Kuo Sharper Center for Prosperity and Entrepreneurship Digital Economy

Challenging Assumptions by Micheil Banoub

This raises another question: how can SMEs afford annualized rates exceeding 70%? The answer lies in short loan tenures and high profit margins. Many supply contracts have short tenures of 1-2 months, meaning the interest accumulated is minimal relative to the loan term. Moreover, as I learned durin...

Mar 4, 2025
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