![]() This chart also helps calculate month-over-month variance analysis Variance Analysis Variance analysis is the process of identifying and analyzing the difference between the standard numbers that a company expects to accomplish and the actual numbers that they achieve, in order to help the firm analyze positive or negative consequences. For example, in July, the person can say that my monthly expenditure is close to $5.7K, and next time if they want to meet the savings target, they might have to adjust or cut down on some of the expenses. ![]() One can utilize this data to calculate the monthly expenses by taking an average. It shows that in those two months, the person has less business income, which is why he fell short of savings. For example, if we see the April and May data, the target saving is short by $73 and $51, respectively. This template helps track monthly expenses and shows the months where one did not meet the target savings. In this case, the person earns an average of $8,892 per month, has a target savings of $3,000, and an average monthly expense is $5,681. They can also change the range to see the average of any period they want to see and analyze. It will show the total and average of the income and expenses. Any person using this personal budget spreadsheet template can only enter the expense and income amount and adjust the formulas given in the Excel template. The Excel template attached here shows January to December, but for convenience, the table in word shows from January to June for six months. Now, if we look at the chart, it shows the monthly expenses from Jan to June. Of course, the chart is not exclusive, but a person can always make changes and include the multiple heads of expenses they incur. Yes, just message me and we will find the best way to translate the Personal Budget Spreadsheet into your language.The above example shows the receipts from salary, business, and various expenses. No, the spreadsheet is developed in Google Sheets and will only work correctly there.Ĭan we translate the spreadsheet into a different language? ![]() Yes, you can print any part of the templateĬan I use the Personal Budget Spreadsheet in Excel? Is the Personal Budget Spreadsheet printable? But keep in mind that it looks best on a desktop or a tablet. Install the Google Sheets app, log in to your Google Account, and open the spreadsheet there. How do I open the Personal Budge Spreadsheet on my phone? ![]() They will be able to view/edit it even without a Google account. Yes, the template has full instructions inside.ĭo I need a Google account to use the Personal Budget Sheet? Serhii Kovchenko, a spreadsheets expert who automated and designed dashboards and financial templates for hundreds of e-commerce and offline businesses.ĭon’t forget to check the gallery and FAQ below.ĭo you provide instructions for the Personal Budget Spreadsheet? ✅ The tracker can be customized to your brand guidelines.Ībout the author. ✅ Decision-making is considerably optimized with the Personal Budget Spreadsheet. ![]() – Can be used for multiple purposes by copying the spreadsheet in a few clicks – Accessible from any device (desktop, laptop, tablet, or mobile) – Possibility to add any custom income and expense categories Let me help you with the last one and show you the Personal Budget Spreadsheet. Living a modern life is all about tracking: ads, ratings, statistics, and personal finance is not an exception. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |