Why Your Budget Is Probably a Fantasy, Not a Financial Plan
The Sound of Accra PodcastAugust 23, 2026
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Why Your Budget Is Probably a Fantasy, Not a Financial Plan

Hosted by Adrian Daniels
Adrian DanielsAdrian DanielsHost

Full episode: https://youtu.be/Sl92NYMeS00?si=eALQf9kFCdw3VaPc

In this short snippet, Michael G Donkor breaks down to Adrian why most people do not have a budget, but rather that tthey have a wish list.

He breaks down the mistake that makes money disappear even when your spreadsheet looks “good" and why the real fix starts with understanding your numbers right now.

If you have ever wondered why you keep overspending despite setting clear categories for travel, drinks and everyday expenses, this short snippet will hit home. This is especially valuable if you have been trying to save more, get disciplined with spending or finally build a budget that reflects reality instead of optimism.

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🎙 About the Podcast

The Sound of Accra Podcast was established six years ago by Adrian Daniels in January 2020, on the back of running networking events in Accra & launching a failed online platform for Ghanaian tourists, visitors and business people. The mission is to showcase Global Ghanaian Excellence by spotlighting top Ghanaian leaders.

Adrian: And for me, the basics is always around, do you actually understand your numbers? Do you actually understand how much money you're spending? Because what I've noticed when it comes to budgeting and speaking to clients is they don't actually have a budget. they have a perception of what their budget is supposed to look like. And they focus on that as this is what I'm actually spending. But really that is just like, how to put it? That's just like the nice. view of what their finances look like. Like, yeah, I put this in. this is lovely. this is how much I'm spending on drinks. This is how much I'm spending on travel. This is excellent. Look at my budget. Look how much money I'm going to save. And then they come to me a month and I was where's all this money gone? And a lot of it's because they are kind of forecasting what they want to save or budget, not what they're actually doing. So I think getting the idea of where you are with your numbers now is very important because then you can start thinking about how to change it or whether you need to change it.