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The 3 Most Important Features of a Home Budget Spreadsheet

These days, there are literally thousands of software programs that claim to offer the best home budget spreadsheets on the market. While this has given us a wider range to choose from, it has confused many of us as to which one is the most appropriate for each situation. Because of this, I’ve decided to write this article to lay out once and for all the 3 most important elements that any home budget spreadsheet must have.

 

Easy To Use

Perhaps the most important element of them all is the ease with which anyone can use the program. You certainly don’t want to purchase a program that requires reading a thick manual from beginning to end before being able to use it. It would be helpful to test out a program at the shops before proceeding to buy it. You should also read reviews on each product to get an idea of how easy it is to use.

Flexible Data Representation

A useful feature to have on a home budget spreadsheet is the ability to represent the data on the rows and columns in different ways. This refers to being able to immediately construct pie graphs and charts by using the data available. This is helpful because it allows you to more easily read, analyse and make decisions based on the data.

On-hand Calculator

Another very useful component of a good spreadsheet program is the availability of an electronic calculator on the program in order to make immediate calculations. You may not have a physical calculator on hand with you all the time so this feature certainly comes in handy.

Even though there are so many programs out there that offer home budget spreadsheets, only the ones with the 3 above characteristics will serve you well.



 

Home budget planning, Family Finance Planner Recommended Products


Home Budget Spreadsheet Headlines

Should I Become a Landlord? - Wall Street Journal


Should I Become a Landlord?
Wall Street Journal
(A good rule of thumb: Budget between 1% and 2% of your home's value to maintenance, depending on its age and condition.) You'll also have extra costs for ...

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Voters add money to Inter-Lakes budget - Laconia Citizen


Voters add money to Inter-Lakes budget
Laconia Citizen
Mark Flanders of Meredith spoke in opposition to the amendment, saying he had compiled a spreadsheet that tracked a number of trends over 10 years. ...

and more »

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'This helps us understand the impact': School Board hears pleas to keep Teen ... - Quincy Herald Whig


Quincy Herald Whig

'This helps us understand the impact': School Board hears pleas to keep Teen ...
Quincy Herald Whig
“It's easy to get a spreadsheet out and tally up the columns, but this helps us understand the impact,” Mays said. No decisions were expected to come out of ...

and more »

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Budgeting and Tax Advice for the Self-Employed - BusinessWeek


Budgeting and Tax Advice for the Self-Employed
BusinessWeek
... spreadsheet you likely already have loaded in your computer, Sharvin says: "Put your home budget on there and then add your business expenses on top. ...

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How much can you afford to spend? Budget tips - KVAL


KVAL

How much can you afford to spend? Budget tips
KVAL
You can use a journal or a spreadsheet, a mobile smartphone app or home computer software -- whatever matches your style. You may be surprised at how much ...

Read more...