HOUSEHOLD BUDGET IN EXCEL HOW TO
HOUSEHOLD BUDGET IN EXCEL UPDATE
HOUSEHOLD BUDGET IN EXCEL TV

If you follow the above steps clearly, your Excel spreadsheet for your household budget will look like this:Īs you enter a new month, all you need to do is type in the income and expenses figures for the new month and the Excel program will automatically sum up the total for you.Related Articles Introduction to Personal BudgetĪ personal budget is a financial plan that outlines an individual’s income and expenses over a specific period, usually a month or a year. Also, you can add formatting options such as italic or bold to make the budget spreadsheet more attractive and clearer. Here is an illustration below:įinal Step: After including the calculations, the next thing is to add figures for income (inflows) and expenditure (outflows), and Excel will sum up the totals. To finish the calculation, click the ENTER key on your keyboard. Then press the control key and select the second number (which should be the expenditure total) while holding the control key. In your keyboard, press the minus button. In this guide, the first figure is the income total. Locate the AUTOSUM again and click the first figure that should be included in the calculation.

You can do this by clicking on the particular cell you want to view its total.

After this is done, determine the difference between your income and expenses. When this is done, click the ENTER key.Īfter the formula has been automatically placed on the first cell, it can hen be copied and pasted on all other cells that requires the same formula for computation.Įight Step: You have to go over the two steps again to fill up the expenditure column with the right computation. Seventh Step: Place your cursor and scroll over the area you want to include in the total. Click on the proper cell you want to input the figures and click AUTOSUM in the menu ribbon. This is important to enable Excel automatically add the totals whenever you put in figures. Sixth Step: After creating the heading and subheadings for income and expenditure, the next step is to input your calculations.

HOUSEHOLD BUDGET IN EXCEL TV

This may be on utility, TV license, mortgage payments, leisure, shopping, gas, broadband, insurance, etc. The names on this column will depend on the things you and your household spend your money on. The next thing to do is to include the expenditure column in the same column you typed the income. Begin by typing each month (in the example below we begin from January) on a separate cell in the spreadsheet as shown below.įourth Step: Next, add heading and subheading for the income and below it, such as benefits, pension, salary, depending on the type of income received. Third Step: You need to input the months for which you want to make the budget. Usually, Excel will total up the expenditure and income for you. Since we are talking about budget here, you will need to put in figures for “expenditure” and “income”.

Second Step: You need to input data to help you calculate the figures for the budget.

This is done by clicking the Excel icon in your computer (located on your desktop or your start-up page) But before you begin, you need to have a computer with Excel spreadsheet (preferably the latest version) installed.įirst Step: Start up the Excel program as it opens up a blank spreadsheet. This section shall take you step by step on the best way to prepare household budget in Excel. Preparing your household budget in this manner can help you do a lot of things such as planning for holiday expenses or preparing for Christmas.

HOUSEHOLD BUDGET IN EXCEL UPDATE

With Excel, you can automatically update changes using spreadsheet calculations. A complete plan with Excel can help you see your expenses and incomes at a glance, ensuring that you plan your family’s finances effectively.

HOUSEHOLD BUDGET IN EXCEL HOW TO

How To Create Household Budget In Excel Excel is a very important application for the planning of household budget.

Household budget in excel