And I just love it to use not only in personal works but also in professional or business works. There are various ways to learn Microsoft excel. And if you want to know, then please read this article: How to learn Microsoft Excel the best way possible.
While there is no doubt that Excel is a multipurpose financial productivity application. But there is also an alternative of excel these days in the market and mostly looked inspired from excel. That is free to use. So, I hope this post helped you to learn the personal uses of excel. Your email address will not be published. Skip to content. Create a personal budget: You can use Microsoft Excel to manage your personal weekly, monthly, quarterly and yearly budget.
Use to create personal and family holiday planners: Due to the availability and calculation functionality of rows, columns cells in excel, you can use it to create your personal or family holiday or travel plan. Money management: Similar to the monthly expenses budget you can also create separate money or income management sheet. This sheet will also help you during income tax filing. Goal setting and planning: Goals and planning are very important parts of our personal development or life.
Personal database: This is one of the most unique ideas that I only got while writing this post. So that after you, someone will not find it difficult to know about you and your assets. And if you want to know, then please read this article: How to learn Microsoft Excel the best way possible While there is no doubt that Excel is a multipurpose financial productivity application.
Top 10 ways to learn Microsoft Excel online. How to learn computer programming by yourself in Leave a Reply Cancel reply Your email address will not be published. To match single criteria, we can use IF logical condition, having to perform multiple tests, we can use nested IF conditions. But for matching multiple criteria to arrive at a single result is a complex criterion-based calculation. When the target is set, and at a certain stage of the project, we may need to review that target achievement.
So using excel, we can track all those things and also identify what needs to do in the remaining steps to achieve the desired goals. When you compare MS Excel with other spreadsheets, you will find MS Excel as relatively friendly and flexible enough to fit in the needs of the users.
One needs to have the proper training to get start the things in excel. Not all the time, we get he done offline, so some of the data needs to be fetched from online websites as well. When the story behind the data is read to tell, end users may want to see those summary results in a single page view, so using MS Excel, we can build dashboards that can tell the stories in a single page view.
Not only can we build a dashboard, but it also makes the dashboard interactive as well. Charts and Graphs can attract user attention, so using MS Excel. We can build interactive charts and graphs to tell the story better than the summary tables alone.
When the excel formulas Excel Formulas The term "basic excel formula" refers to the general functions used in Microsoft Excel to do simple calculations such as addition, average, and comparison. At last, when you move to the advanced level of MS Excel, you may get bored with daily routine works in excel.
Input your costs and income, and any difference is calculated automatically so you can avoid shortfalls or make plans for any projected surpluses.
Compare projected costs with actual costs to hone your budgeting skills over time. Tip: Track monthly expenses Utilities, credit cards, and insurance are billed monthly, so the easiest way to keep an eye on expenses is to determine how much you spend on a monthly basis.
Beyond your electric bill, do you have a movie or game subscription? What about a gym membership? Be sure to keep track of those, too. Tip: Pay attention to variable expenses While gas and phone bills generally don't vary in amount month over month, other expenses, such as dining out or clothes shopping, can vary wildly. Now that you have an overall idea of monthly expenses, it's time to categorize them so you can review your fixed, variable, and discretionary expenses.
Fixed expenses stay the same amount month to month. Examples include a mortgage or rent, health insurance, a car payment, or house taxes. You can capture all of these in a "fixed expenses" category. Tip: Variable expenses You can't do without variable expenses, but they can fluctuate from month to month.
Such expenses include groceries, car maintenance, electricity, and water usage. Discretionary expenses can vary wildly from one month to the next. Examples include dining out, streaming service subscriptions, a club membership, cable, and clothing. Once you have a good idea of how much money is coming in versus what you're spending, you can start prioritizing for your short and long term goals.
Is your washing machine on the fritz? Are your cabinets getting shabby? Master bath need an upgrade? Remodeling your home can present many contingencies.
Remember to include these expenses as you look at your financial goals.
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