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In a video tutorial, Tracy Kaufman, Programs Manager at Candid, shares essential budget tips for grant proposals. She emphasizes that funders prioritize credibility and impact in proposals, often reading the budget first. A well-structured budget clearly outlines the project's components, necessary resources, and the funding already secured versus the amount being requested. This clarity can enhance the perceived credibility and impact of the proposal. Kaufman highlights that if the financial details are inaccurate or if significant aspects of the project are missing, it undermines the proposal's effectiveness. Thus, a strong budget is crucial in making a compelling case to funders.