![]() ![]() After that, a dialog box will show up.To convert your data to a table, first select your data and go to Insert > Table.First, convert your daily budget data to a table.Let’s go through the following description. For that reason, we can use Microsoft Excel to calculate our daily budget by making some formulas. We just need to subtract the total expenditure from our daily income to make our family budget. When we look at our daily life costs, it’s just a summation and subtraction process. Later, in this article, I’ll show you how to make this family budget template.ġ. Now I’ll show you the budgets for which we have to pay daily. The above picture was an example of starting monthly costs. As a result, we classify them as Variable Cost. There are also some other costs that change over time but we have to pay for them at the starting period of the month like electricity bills, gas bills, etc. So we classify them as monthly Fixed Costs. We need to pay the house rent, education expenses (if your child is a student), internet bills, etc. The following budgets of the image are the expenses for the first period of a month. In the following images, I’ll show you some examples of budgets/costs we usually maintain in our daily life. Some costs we have to bear at the beginning of a month and the rest we need to continue to bear for the remaining days of a month. There are some fixed costs and most others are variable costs. When you make a family budget plan, you need to identify/classify your budgets first. Related Articles Make a Family Budget in Excel: 2 Ways
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