The databar cells have a reference to totals calculated in cells above. This data bar is made with Conditional Formatting.
Quick visualization of category level spendingĪs you enter values, you can see a quick total (arrived thru the formulas explained above) and a data bar. Read up more about SUMIFS and SUMPRODUCT formulas.Ģ. If there is an error (typos / no data etc.) we show 0. We then multiply that with amounts in G7:G26 thru SUMPRODUCT and finally divide this with 12 to get monthly value. We are fetching an array of multiplication factors from freqs table (shown aside) using SUMIFS. Say you have amounts in G7:G26 and frequencies in H7:H26. Using SUMPRODUCT and SUMIFS, we can calculate total amount per category by month, like below.There is a frequency mapping table in the “Settings” tab to help calculate monthly totals from various amounts at different frequencies.Calculation of monthly totals by category: There are three components in the budget spreadsheet:ġ. The graph on left helps you see the big picture and optimize your spending / savings.The BALANCE row on the left turns RED if you spend more than you make.As you type data, category level summaries are shown on top along with a data bar to show relative expenditure of each category.You can select various frequencies (for example public transport – $16 per week, dining out $70 per month etc.) Start by entering your income and itemized spending.
WEEKLY PERSONAL BUDGET TEMPLATE EXCEL DOWNLOAD
Click here to download free budget template. So in the spirit of making you awesome in life, not just Excel, let me share a simple but elegant household budget spreadsheet. Once you can track (or estimate) how much you are spending, it is easy to see how much you are paying your future self and what wiggle room you have. One of the simple ways to achieve this is by using a budget. The template may NOT be sold, distributed, published to an online gallery, hosted on a website, or placed on any server in a way that makes it available to the general public.I believe in frugal living and paying yourself first. Licensed for Private Use Only (not for distribution or resale) Rows limit: Income: 15 rows, Expenses: 50 rows.Reports: Overview, Expenses by Category, Expenses by Subcategory.Experts advise that we should all save at least 10% of our total income.
To plan or estimate savings, consider using the “Saving & Investing” category as a fixed expense.This will help you better visualize the bills to pay. After paying a bill, change the cell color. This simple control allows you budget money for other expenses or projects- save to take a trip or buy a new car. Simply enter an approximate value and adjust them at the end of each month. That’s it! Now that you have the income and fixed expenses, you can predict irregular or variable expenses such as eating out, clothing and fuel. If the bills amount varies, such as a phone or electricity bill, just enter an average value for forecasting and change it when you know the real value. List any recurring monthly expenses (mortgage/rent, utilities, property tax and insurance). Enter all income, such as your salary or commission.Ģ. One template ready to receive your dataġ.
0 kommentar(er)
