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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.



 

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Home Budget Spreadsheet News

Women and Personal Finances - Huffington Post (blog)


Women and Personal Finances
Huffington Post (blog)
To get started, either download a budget spreadsheet template or use interactive, online budgeting calculators. For example, Practical Money Skills for Life, a free personal financial management program run by my employer, Visa Inc., includes budgeting ...

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Planning with Pinterest - Mpls.St.Paul Magazine (blog)


Planning with Pinterest
Mpls.St.Paul Magazine (blog)
Every spreadsheet, every budget checklist that was kept by former brides was quickly summoned and yes, I may have even googled, "planning a wedding, where to start?" Here's the thing: Over the course of two years, Tom and I had somehow been invited to ...

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Experiencing hunger in Las Vegas: $3.39 a day buys little food, lots of lessons - Las Vegas Sun


Las Vegas Sun

Experiencing hunger in Las Vegas: $3.39 a day buys little food, lots of lessons
Las Vegas Sun
To show the difficulty of living on a meager food budget, Three Square, a local food bank, offered a challenge to see if people could live on a food stamp budget. (Before we go on, let's make a deal: I'll agree that hungry Americans have it better than ...

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EU budget: what does the European Union spend and where does the money come from? - The Guardian (blog)


The Guardian (blog)

EU budget: what does the European Union spend and where does the money come from?
The Guardian (blog)
With an annual budget of over €122bn, the EU is an economic power in its own right, more significant than many countries. So, how do those finances break down? This latest detailed data - from 2010 - shows where the hard cash goes - and where it flows ...

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Online services can track budget - Fort Worth Star Telegram


Online services can track budget
Fort Worth Star Telegram
The online tool is light-years easier than manually recording numbers each month using an Excel computer spreadsheet or using paper and pencil. It's also easier than most budgeting software, which often "never makes it out of the box," Clintsman said.

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