Learning how to be responsible with your money means understanding how to keep track of it. As noted in MakeUseOf’s article, “Make a Personal Budget With Microsoft Excel in 4 Easy Steps”, you don’t need to rely on expensive and complicated software to help you do it. You just need to put the right pieces together to create a full picture.
It may take a while to get it right
You need to remember to give yourself time to adjust to the idea of a budget. Don’t give up after the first try, and keep on putting in the numbers. Remember:
- Everyone finds it overwhelming to see all the costs tallying up
- You will get the hang of it after a while
- It is worth the frustration
Use technology to help you
You don’t need to do it with paper and pencil anymore. Your best ally is a little software most of us already have on our computer: Microsoft Excel. You can rely on this powerful tool to:
- Structure your personal budget spreadsheet;
- Organize your budget using shading;
- Use formulas to project your credit card balances into the future;
- Recalculate payments based on interest and eliminate your debt
For more support and information on how to make Microsoft Excel work for your budget, step by step, take a look at MakeUseOf’s post here, and get your financial plan on track the right way.