# How to Create a Budget in Excel

If you have a hard time keeping track of all your monthly bills, you can use Microsoft Excel to get organized and get those expenses under control.

### You will need

• Microsoft Excel
• Bills

Step 1 Open a new sheet Open Excel. The program automatically opens to a new spreadsheet.

Step 2 Fill in columns Label columns A to D in row 1 with the following headers: bills name, due date, total balance, and monthly payment amount. Enter the information from your first bill in row 2, filling out all four columns. Continue typing the information for all your bills, one in each row, placing them in order of date due.

Step 3 Total the expenses Total all the “monthly payment expenses” in column D. Skip a few rows beneath the bills and type “Total” in column A. In this same row, but in column D, calculate the grand total of all your bills for the month.

Step 4 Type your income Type your monthly income amount in the row beneath the monthly total amount due in column D. Label this row “Monthly income” in the same row, but in column A.

Step 5 Calculate Subtract your total amount due every month from your total monthly income. This is the amount you have left for fun money or to put into savings.

Step 6 Keep up the good work Continue adding to your spreadsheet every month. To add further detail, make a note of how much you spend on non-bill payments throughout the month, such as groceries and entertainment, and add new rows for these expenditures. Add a column with the next month as the header and fill in all the rows. Soon you will be able to see where the majority of your money is being spent.