---
title: Condo Association Budgets - Cut Condo Costs at all Costs
description: Keeping good cash management for a condo association or HOA. Assessment alternatives.
---

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# Condo Association Budgets - Cut Condo Costs at all Costs

| [Condo & HOA Assessments](https://www.condoassociation.com/blog/topic/condo-hoa-assessments) |   [Budgets & Finance](https://www.condoassociation.com/blog/topic/budgets-finance) |  

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## What do you think? Question:

**Condo Budgeting - Cut Costs at all Costs  
**Don't spend money that your condo association can't really afford and isnt in [condo reserves](https://www.condoassociation.com/blog/tabid/19257/Default.aspx?Tag=Condo%20Reserve). Think twice about needed services and [condo initiatives](https://www.condoassociation.com/blog/tabid/19257/Default.aspx?Tag=Initiatives), and then prioritize them. If condo owners are willing to swallow costs for all condo projects, that's great, but many new and smaller condo associations have young people as members that want to live nice, but are most likely on a small condo budget. If you do have a young condo association, throw painting party, instead of hiring a painter for $10K. You'll get it done cheaper and probably much faster. If your cost cutting is successful at the end of the year, put the money in the condo reserve or throw a bash.

Save money and time - send your own [**HOA Collection Demand Letters**](https://www.condoassociation.com/collection-letters/tabid/86370/Default.aspx)

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## What do you think? Answers (2)

#### What are your thoughts on this topic?

***Comments and postings are not legal advice**, but are the opinions of our readers. This forum and its contents are being monitored. Please be respectful of each other. *  
  

## Related Posts

### [What Association Costs Will You Pay When Buying a Condo?](https://www.condoassociation.com/blog/tabid/19257/bid/8635/What-Association-Costs-Will-You-Pay-When-Buying-a-Condo.aspx)

### [Can unit investors carry extra condo association costs?](https://www.condoassociation.com/blog/tabid/19257/bid/88860/Can-unit-investors-carry-extra-condo-association-costs.aspx)

### [HOA and Condo Association Costs To Rise in 2009](https://www.condoassociation.com/blog/tabid/19257/bid/7023/HOA-and-Condo-Association-Costs-To-Rise-in-2009.aspx)

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