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In this video, Tracy Kaufman, Programs Manager at Candid, offers essential advice on crafting budgets for grant proposals. She emphasizes that funders prioritize credibility and impact when evaluating proposals. Notably, many funders often read the budget first, as it should clearly outline the project's components, required resources, and secured support compared to the funding requested. A well-structured budget serves as a crucial tool to demonstrate both credibility and impact. Kaufman warns that if the budget contains inaccuracies or omits key project elements, it could undermine the proposal's effectiveness.