Author : Gillian Gomes.
Published : Sun, Oct 20th 2019 12:11 PM.
Format : jpg/jpeg.
If you are on a budget or looking to get on one, tracking your finances plays a major role in how successful your budget will be. A personal finance spreadsheet is a great way to keep track of your income and expenses. By using a Microsoft Excel spreadsheet or a Google docs spreadsheet you can easily see exactly how much you are spending and how much you are saving each month.
Doing spreadsheets on a computer may seem a little complicated at first. But a small investment of time and effort will soon pay dividend, because once you have the hang of them, spreadsheets can perform complex financial calculations.
For example you can set up a spreadsheet to work out the true cost of running your car, including such invisible outlay as depreciation and wear and tear. All you have to do is explain the task to the program once and it will do all the hard arithmetic for you, month after month, year after year.