Importance of Budgeting While Traveling

With an MBA in finance from Case Western Reserve University, Bassem Mansour serves as co-CEO of Resilience Capital Partners in Beachwood, Ohio. In his free time, Bassem Mansour of Hunting Valley, Ohio enjoys traveling.

Traveling on a budget is an important skill for you to learn. The last thing you want to do is end up stranded in a foreign country because you didn’t create a basic budgeting plan. One of the first steps you might take in traveling on a budget is creating a list of all the destinations you'd like to go to and see if you have the resources, assets, and cash to do so.

Keeping track of your cash flow for traveling purposes is one of the key components to ensure you have enough money to get through the entire trip from beginning to end. This includes budgeting for unexpected expenses, keeping track of your traveling expenses, and doing free things like walking along a foreign beach. With a goal-oriented mindset, you can learn the importance of budgeting while traveling too.

Resilience Capital Names Tim Seitter

An investment professional in Hunting Valley, Ohio, Bassem Mansour has served as co-CEO and managing partner of Resilience Capital Partners since 2001. Charged with overseeing investment decisions and investor relations for the firm, Bassem Mansour has helped Resilience earn the title of Private Equity Firm of the Year twice from the Cleveland chapter of the Association for Corporate Growth.

In February 2021, Resilience Capital Partners named Tim Seitter president and chief executive officer of CR Brands, one of the private equity firm’s portfolio companies. Mr. Seitter brings to the position more than 25 years of leadership in the consumer packaged-goods industry, most recently serving as president in the Europe and Americas division of ClinChoice, Inc., a global contract research organization.

Tim Seitter has also worked for Kraft Foods, Spalding Sports, and Pactiv Corporation, and he has served as vice president of marketing and head of the Oral Care Strategic Business Unit at Church and Dwight. In his leadership role with CR Brands, Mr. Seitter will provide strategic guidance for the firm’s licensed cleaning products, which include a new line of disinfecting wipes from Arm & Hammer.