How Do You Do Monthly Financial Budget Planning With Excel?
Financial budget planning is so important for staying on track with your money. Without properly doing your finances, money might not be enough for essentials like utilities, groceries and mortgages. By carefully doing a financial budget planning every month, you and your family will not have the risk of not being able to afford essentials. There are other benefits that are associated with planning such as find out how to save more money and avoid unnecessary spending that you are not aware of. Microsoft Excel is a great tool for your financial budget planning. It is better than writing it on a paper and doing your own calculations. Excel is very convenient to use because you can easily plot a variety of different graphs to clearly see things visually. I have an example to illustrate how you can prepare a monthly budget for yourself and your family. A monthly financial budget planning starts from the very beginning, your gross income. You can contribute to deductions (401K, 457, IRA an