This project involves creating a spreadsheet that tracks a person's or family's income and expenses. The goal is to help the user understand where their money is going and make better financial decisions.
1. Start a new spreadsheet in Excel.
2.create a table with columns for different income sources (e.g. salary, investments, gifts, etc.) and expenses (e.g. housing, food, transportation, etc.).
3. Next, enter sample data into the table to see how the budget looks.
4.Once the basic budget is set up, try using formulas and functions in Excel to automatically calculate the total income and expenses. This will make it easy to see how much money is available for savings or additional spending
5. Finally, add some visualizations to the budget plan to make it easier to understand and interpret the data. For example, use pie charts or bar graphs to show the breakdown of income and expenses by category.