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How to Build a Monthly Budget Spreadsheet with Formulas

A monthly budget is easier to review when it answers four questions. How much came in? How much went out? What is left? Where did you overspend?

  • Set up spreadsheet with four sections: income, expense plan, transaction log, summary block
  • Use SUM function to calculate total income, planned expenses, actual expenses
  • Determine remaining cash by subtracting actual expenses from total income

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