I'm glad you were able to break it down. Excel worksheets (or spreadsheets) is a great tool for creating budgets. Unlike applications/software that come with their own pre-set ideas of how to track your budget, such as Quicken, Excel allows you to create your own customized process. You can create "what if scenarios" that allow you to change values and see what would be the result. In some ways, I think the lesson didn't go far enough in explaining this, but I guess it was intended to introduce us to the process budgeting not introduce us to working with Excel.
I'm glad you were able to break it down. Excel worksheets (or spreadsheets) is a great tool for creating budgets. Unlike applications/software that come with their own pre-set ideas of how to track your budget, such as Quicken, Excel allows you to create your own customized process. You can create "what if scenarios" that allow you to change values and see what would be the result. In some ways, I think the lesson didn't go far enough in explaining this, but I guess it was intended to introduce us to the process budgeting not introduce us to working with Excel.
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