Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Juggling Your Finances: Basic Excel Primer: Juggling Your Finances
    Juggling Your Finances: Basic Excel Primer: Juggling Your Finances
    Juggling Your Finances: Basic Excel Primer: Juggling Your Finances
    Ebook103 pages51 minutes

    Juggling Your Finances: Basic Excel Primer: Juggling Your Finances

    By M.L. Humphrey

    ()

    Read preview

    About this ebook

    Excel is an incredibly powerful tool, but getting started with it can be a bit daunting. In this guide, M.L. Humphrey will walk you through how to use Excel to calculate what your earn, spend, own, and owe, the four key elements you need to know to manage your money.

    The focus of this guide is on how to use addition, subtraction, multiplication, and division to calculate these values. The guide is written as a companion to Budgeting for Beginners for those who don't yet know Excel.

    If you're already familiar with Excel then check out Excel for Budgeting instead, which walks you through how to build a budgeting worksheet to track your payables, receivables, next three months of income, assets, liabilities, and net worth.

    LanguageEnglish
    PublisherM.L. Humphrey
    Release dateApr 10, 2015
    ISBN9781513040547
    Juggling Your Finances: Basic Excel Primer: Juggling Your Finances
    Author

    M.L. Humphrey

    Hi there Sci Fi fans, my name is Maurice Humphrey.I am a Vermont native, husband, father, grandfather, well over 60, Navy veteran, retired IBM engineer, retired printer repairman, Graduated: Goddard Jr. College, VT Technical College, and Trinity College. Over the years I’ve written technical articles, taught technical classes, and presented at technical conventions.I’ve been reading science fiction for over 50 years now. First books were “Journey to the Centre of the Earth” by Jules Verne and “The Stars Are Ours” by Andre Norton. I’ve read and collected many great stories, and a considerable amount of junk ones as well. I’d say by now that I probably have a good idea of what I consider a good story.

    Read more from M.L. Humphrey

    Related to Juggling Your Finances

    Titles in the series (2)

    View More
    View More

    Related ebooks

    Personal Finance For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Add Data Bars To Cells

      Jul 28, 2021

      Add Data Bars To Cells
      1 min read

    • Article

      Make Office Better

      Apr 7, 2021

      LIBREOFFICE WRITER & CALC LibreOffice automatically applies properties to each document you save, such as your name and how long you’ve spent editing it. To review, edit or add to these properties before saving, open LibreOffice Writer or Calc, selec

      2 min read

    • Article

      See Ways To Illustrate Your Data

      Sep 6, 2021

      Microsoft has launched a tool in Excel that provides suggestions on how to illustrate your data. To use it, you’ll either need to be running Excel 2019 or the online version of Excel at www.snipca.com/39295 (it works with free accounts – click ‘Creat

      1 min read

    • Article

      Formatting in Numbers

      Nov 4, 2019

      Formatting in Numbers
      2 min read

    • Article

      Excel and Calc

      Aug 12, 2019

      Excel and Calc
      5 min read

    • Article

      Formulate Your Future With Numbers

      Mar 6, 2018

      Dig deeper into Apple’s spreadsheet app by going beyond its templates. Whether you need to track your budget, monitor investments, or plan a project, these quick tips will get you started. If you’re an ex Excel user and miss its AutoSum function, don

      3 min read

    • Article

      Summary Sheet In Numbers

      Sep 24, 2019

      Summary Sheet In Numbers
      2 min read

    • Article

      Miscrosoft Excel

      Feb 8, 2021

      Miscrosoft Excel
      5 min read

    • Article

      Make Office Better

      Oct 12, 2022

      Make Office Better
      2 min read

    • Article

      Make Office Better

      Nov 4, 2020

      Make Office Better
      2 min read

    • Article

      Make Office Better

      Dec 7, 2022

      Make Office Better
      2 min read

    • Article

      Make Office Better

      Jan 13, 2021

      LIBREOFFICE CALC & MICROSOFT EXCEL In LibreOffice Calc, you can zoom in or out of a spreadsheet by holding down the Ctrl key and using your mouse’s scroll wheel or using the zoom controls in the bottom-right corner of the window. However, doing this

      2 min read

    • Article

      Merge Two Membership Spreadsheets

      May 11, 2022

      Running a small club is an admin challenge in itself, but what happens when two clubs merge and you need to create a single master Excel sheet for members? Thankfully, Excel has tools to help you manage this process, although you’ll need to do some w

      2 min read

    • Article

      Formatting in Numbers

      Aug 27, 2019

      Formatting in Numbers
      2 min read

    • Article

      Make Office Better

      Mar 10, 2021

      LIBREOFFICE CALC & MICROSOFT EXCEL Calc and Excel both let you generate random numbers. The RAND() formula returns a random number between 0 and 1, while RANDBETWEEN(x, y) lets you specify a range for the random numbers (replace the ‘x’ with the lowe

      2 min read

    • Article

      Make Office better

      May 30, 2022

      Make Office better
      2 min read

    • Article

      Make Office Better

      Apr 13, 2022

      You can use the advanced ‘Find and replace’ tool in Word to jump through highlighted words in a document. Click the ‘Find’ dropdown menu in the Editing tab (at the far right), then select Advanced Find. Next, click the More button at the bottom, then

      2 min read

    • Article

      Make Office Better

      May 10, 2023

      Make Office Better
      2 min read

    • Article

      Make Office Better

      Nov 9, 2022

      Make Office Better
      2 min read

    • Article

      Make Office Better

      Sep 22, 2021

      Make Office Better
      2 min read

    • Article

      Formatting in Numbers

      Oct 15, 2019

      Formatting in Numbers
      2 min read

    Related categories

    Reviews for Juggling Your Finances

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Juggling Your Finances - M.L. Humphrey

      Juggling Your Finances: Basic Excel Primer

      Also by M.L. Humphrey

      Budgeting for Beginners

      Budgeting for Beginners

      Excel for Budgeting

      Excel Essentials

      Excel for Beginners

      Intermediate Excel

      50 Useful Excel Functions

      Easy Excel Essentials

      Pivot Tables

      Conditional Formatting

      Charts

      The IF Functions

      Formatting

      Printing

      Word Essentials

      Word for Beginners

      Intermediate Word

      PowerPoint Essentials

      PowerPoint for Beginners

      Writing Essentials

      Writing for Beginners

      Excel for Writers

      Achieve Writing Success

      Self-Publishing Essentials

      Excel for Self-Publishers

      AMS Ads for Authors

      CreateSpace for Beginners

      ACX for Beginners

      Juggling Your Finances: Basic Excel Primer

      M.L. Humphrey

      Contents

      Introduction

      Understanding Some Excel Basics

      Addition Overview

      Addition Examples

      Subtraction Overview

      Subtraction Examples

      Multiplication Overview

      Multiplication Examples

      Division Overview

      Division Examples

      Excel Formatting and Navigation Tips and Tricks

      Conclusion

      About the Author

      Copyright

      Introduction

      The purpose of this pamphlet is to discuss how to use Excel for basic budgeting calculations. If you're a little rusty on basic math (addition, subtraction, multiplication, and division) then read Juggling Your Finances: Basic Math Primer first.

      This pamphlet will walk through the same calculations as that primer, but talk about how to use Excel to make the calculations as opposed to a calculator.

      If you're familiar with Excel or don't plan on using it for budgeting, then you don't need to read this primer.

      The primer will walk through how to do the following calculations in Excel.

      Addition:

      Total income.

      Total expenses.

      Total balance in your accounts if you have multiple accounts.

      Total amount you owe if you have more than one credit card, loan, etc.

      Subtraction:

      How much money will be left over after you pay your bills.

      Your net worth or liquid net worth. (In other words, how much you'd be worth if you sold everything you own and paid off everything you owe. The first one, net worth, is how much you're worth in theory, the second one, liquid net worth, is how much you're worth in reality.)

      How much of a shortfall you might have if you're spending more than you earn.

      Multiplication:

      How much you'll earn when you know the rate you'll be paid per hour or task.

      Your net earnings (how much you actually take home) from your gross earnings (how much you earn before taxes are taken out).

      Your annual earnings or expenses based upon one month's earnings or expenses.

      Division:

      How much you earn or spend on average.

      How many hours you need to work to earn a certain gross amount.

      How much you need to gross in order to take home a certain net amount.

      How many months of expenses you can cover with the current amount of cash you have in the bank.

      In order to make it as easy as possible to learn the basics of using Excel for addition, subtraction, multiplication, and division, the main chapters focus only on how to do those mathematical computations. However, if you work in Excel to any great extent you will quickly find that you need to perform a number of other tasks such as widening columns, bolding text, and formatting text.

      The Tips and Tricks chapter at the end covers these other functions in Excel. You'll likely refer to it often as you work through this pamphlet and when I use a trick that's covered in that section I'll let you know.

      This will probably seem pretty daunting at first, but just keep working with it and practicing and you'll quickly be able to perform any computation you want in Excel with ease.

      As I mentioned in the Basic Math Primer, it's a really, really good idea to be comfortable enough with math that you can at least judge whether an answer makes any sense or not. A spreadsheet is only as good as the person creating and using it. If you put in the wrong information or set up a formula wrong, you will get a wrong answer.

      Excel is just a tool and you need to know enough to understand when the tool isn't working properly.

      Okay, enough of that.

      Ready?

      Let's get started.

      Understanding Some Excel Basics

      Before we start, I want to make sure we're using the same terms.

      This is what Excel looks like when I first open it.

      Excel when opened.

      I'm working in Excel 2007, which is VERY different from earlier versions of Excel in terms of how it looks. Your basic math functions are pretty much the same, but the menus up top are completely different. If you're working in an earlier version and just now trying to learn Excel, I'd recommend that you upgrade your version of Excel. They're different enough that you really don't want to have to learn the newer version later.

      But I'll

      Enjoying the preview?
      Page 1 of 1