How to Create a Simple Budget in Excel
Setting Up Budget Categories
- 1). Start Microsoft Excel and open a new spreadsheet.
- 2). Click on A1 cell and enter Categories. Press the Enter key.
- 3). Enter the word Income in cells A2 and A3.
- 4). Enter the word Living in cells A4 through A10.
- 5). Enter the word Other in cells A11 through A15.
- 6). Enter the word Description in cell B1. Press the Enter key.
- 7). Enter, in cells C1 through H1, the months January through June.
- 8). Drag over the first row.
- 9). Click B (boldface icon) on the toolbar.
- 10
Drag over the first column. - 11
Click B (boldface icon) on the toolbar. - 12
Drag over the cells B2 and B3. - 13
Enter the name(s) of people earning income in your household. - 14
Drag over the cells B4 and B10. This highlights the B cells for the Living categories. - 15
Enter Rent, Food, Water, Trash, Gas, Electric, and Telephone in these cells. (Substitute other descriptions depending on your needs.) Press the Enter key after each entry. - 16
Drag over the cells B11 and B15. This highlights the B cells for the Other categories. - 17
Enter Books, Tuition, Transportation, Medical, and Housekeeping in these cells. (Substitute other descriptions depending on your needs.)