By . Budget Spreadsheet. At Tuesday, April 06th 2021, 07:00:28 AM.
Budgeting your income and expenses can be a challenging and time-consuming process, what with all the numbers involved. But theres no other way you can plan your familys spending than budgeting. Fortunately, a home budget spreadsheet can eliminate the headache and sweat that are usually involved in budgeting. You can find home budget spreadsheets on various websites; some of them come with tips and instructions on how to use them for planning your household income and expenses. So how do you make a family budget using a home budget spreadsheet? First, open the spreadsheet program in your computer and then make four pages with four categories (budget, income, utilities, and debt). In the Budget page, list all your income, debts, and utilities. The cell in each item in the Budget page will be linked later to the total cell from the respective page of every item such as income and utilities.
However, both these spreadsheets whether for home or office, are simple and one just has to enter the name and amount under each category and the rest is taken care by the sheet from automatically totaling the individual categories to entire totaling. There are no chances of committing any mistake as most of these spreadsheets come up with protected formulas that cannot be tampered by the user. These spreadsheets are so simple that someone who is far less conversant with MS Excel can conveniently use them and avoid those sleepless nights for preparing budget sheets in excel. Monthly spreadsheets are even more important as they help one identify and analyse the heads that are eating up maximum portion of the expenses and help in planning and saving on the budget for consequent months. At home such a saving is important to take care of any unforeseen events in ones life. At office such spreadsheets will help in preparing advance monthly budget and thereby allowing the company to invest more. So get these spreadsheets and effectively manage your finances on a monthly basis.
There are many out there that get daunted by the prospect of designing their own personal budget spreadsheet to manage their finances. In addition, there are literally hundreds of different products out there that claim to offer the best spreadsheets for the job. In order to reduce this unnecessary confusion Ive written this article to emphasise the 3 important characteristics that the spreadsheet you end up choosing must have. Easy-To-Use Probably the most important feature (especially for beginners) is that it must be generally very easy to use. Even if you are a computer whiz, you should opt for one that is really simple to learn and use. This is because your parents or older folk may want to use your program to manage their finances. Chances are these people will not be as capable as you with computers and thus their needs have to be accommodated. You also dont want to spend too much time teaching them the program.