Learn How to Manage Money Posted on February 19, 2006 David J. Kupfer (bio) reminds researchers that money management is an important skill.

As I mentioned the other day, another thing that you've got to learn is even if you're not going to be a certified public accountant, you've got to learn something about the management of money. This may be something that led you in the first place to go into research because you didn't want to go into business, and you didn't want to wind up having to manage businesses and things like that. Whether you like it or not, you're going to have to learn to figure out how to manage that, and it's particularly important because nowadays more than ever we have to be responsible to all the appropriate bureaucracies that are asking us for reports, carryovers, and the like, so you have to learn that whole segment of it. Absolutely vital even if you're only doing a pilot study.

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