How to budget for beginners through Excel with an Accountant
Just in-case you need more assistance with how to create a pivot table here is another video I made and here is how to insert a column in Excel:
Pivot: • How to create a Pivot Table in Excel
Inserting columns: • #Shorts Excel tips - You will never manual...
Description:
In this video, I will guide you through a comprehensive tutorial on managing your income and expenditure using Excel and how to create a budget with a pivot table. Whether you're looking to get a better handle on your finances or just want to maximise your budgeting skills, this video has you covered!
What You'll Learn:
Breaking Down Income & Expenditure: Learn how to categorize your income and expenses into committed costs (like rent, utilities, and mortgage payments) and uncommitted costs (such as dining out, entertainment, and other discretionary spending)
Organizing Data: I will show you how to structure your Excel sheet to clearly separate and track these categories, making it easier to analyse your spending habits.
Creating a Budget: Using Excel's powerful Pivot Table feature, we'll walk you through the steps to create a dynamic budget that helps you stay on track with your financial goals.
Real-Life Examples: Watch as I use a sample bank statement to demonstrate how to input data, categorize expenses, and use Pivot Tables to visualise your budget.
Whether you're an Excel beginner or looking to enhance your financial planning skills, this video will give you the tools you need to effectively manage your money. Don't forget to like, comment, and subscribe for more tips on personal finance and Excel!