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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.)

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