Question

You have decided to use a worksheet to keep track of your monthly income and expenses. What categories might your worksheet include? How would you determine the totals of the categories you identify?

Answer 1

The steps to set up your own budget include:

1= Create a new Excel worksheet2= Determine your income3= Determine your fixed expenses4= Determine your variable expenses5= Make provision for funds you may need6= Create your financial goals7= Ideas on how to kick start your emergency fund8= Analyze your budget9= Track your expenses