@elonmusk Western countries should leave African and Asian countries alone and stop destabilizing them. You can't destabilize other people's country and expect to live in peace in your own country
Step 13: Excel & G-Sheet Templates
Thanks for reading!
At this point, you've got two options:
1. Take my thread and create a budget of your own.
OR
2. If you'd rather save yourself some time, I'm building a library of templates you can access here: 👇🏻
https://t.co/XXjfU81PwN
Step 12: Custom Graphs
As a final step, we'll go ahead & add a couple of charts to the dashboard to visualize our data:
• YTD Income: A comparison of expected vs actual income for the year
• YTD Expenses: A comparison of expected vs actual expenses for the year
Like this:
Step 11: YTD Expense + Net Income
As mentioned above, on the "YTD Dashboard" tab I have also added a summary section for the following:
• YTD Expenses:
Summary totals of allStep 11 Expense Categories
• YTD: Net Income:
Total Income - Total Expense
See here:
Step 10: Reference Formulas #2
Skip the "YTD Expenses & "YTD Net Income" sections for now.
Complete the same steps outlined in Step 9 for the "Housing" category.
Once done, you can copy & paste the expected + actual fields to the other expenses.
Formulas will carry over.
Step 9: Reference Formulas #1
Now let's tie our dashboard to each of the monthly sheets.
We'll use the "YTD Income" category as an example.
• Select the "Expected" Cell
• Use the formula below to reference the same cell across all sheets:
=SUM(January:December!C5)
Step 8: Dashboard
Now that you have all of your monthly tabs created, it's time to build out the "YTD Dashboard"
• Copy the "January" tab & paste it to "YTD"
• Rename headers accordingly
• Add YTD Expenses & Net Income Section
Like this:
Step 7: Duplicate Sheets
At this point, your "January" tab is ready to go.
But I'm pretty sure there are a few more months in the year.
Don't worry, with a couple of updates you'll be ready to go:
• Add 11 sheets
• Copy & Paste January
• Rename tabs/headings accordingly
Step 6: Conditional Formatting
As values are populated during the month, I've applied conditional formatting to ALL "Variance" cells.
This provides a quick visual reference to identify if you're "Actual" values are ahead or behind the values you "Expected."
Here's An Example:
Step 5: Simple Formulas #2
The "Totals" cells inside each category also contain a couple of simple formulas:
• Total "Expected/Actual" –– An easy "SUM" formula to total all subitems.
• Total "Variance" –– An easy +/- formula to calculate our total category variance.
Step 4: Simple Formulas #1
• To start each month, fill out the "Expected" cell for each category & subitem.
• Fill in the "Actual" cell for each item as transactions happen.
• The "Variance" shows the difference between the two using a simple +/- formula.
Shown here:
Step 3: Basic Formatting
I like things to be formatted in a similar manner across sheets.
A few quick rules of thumb I've used here:
• Headings: Merge + Center, ⬆ Font, Bold
• Sheet Gridlines: Turned off
• Subitems: Heavy borders
• Totals: ⬆ Font, Bold
For example: