Managing your group's day to day finances

Your group’s money

Who needs a special guide about money? After all, most of us have lots of experience of money - we know what it looks like - we handle it daily - we could all do with some more of it - and we're experts at spending it! There's no doubt that money does make the world go around.

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a guide to managing your groups money

But this is a scout group guide to money and there's one big difference about scout money - it doesn't belong to you any one person, but it does belong to everyone in your group. Therefore, decisions about how you raise money, keep the money and spend it must be taken by more than one person. And all the time, you have a responsibility to account for every last penny. This guide explains the whole process.

Groups of different sizes will have different ways of working. A smaller group is likely to be fairly informal and have few rules about spending and bookkeeping. A larger group may well need more detailed procedures for handling money and keeping accounts. The important thing is that every group makes clear decisions about its money.

 

 

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