Create a Free Automated Budget Tracker in Excel in Just 15 Minutes

TLDRLearn how to make a simple automated budget tracker in Excel for free in just 15 minutes. By the end of the video, you'll have a dashboard tab breaking down your income, expenses, and savings, as well as an entries tab to add all your transactions.

Key insights

📊Create a simple automated budget tracker in Excel for free in just 15 minutes

💸Track your income, expenses, and savings by month and category

📝Use the entries tab to add all your transactions

📅Organize your budget by year-to-date and month breakdowns

🎨Customize the tracker to fit your needs and preferences

Q&A

Is this tracker compatible with other spreadsheet software?

Yes, you can use a similar approach in other spreadsheet software like Google Sheets.

Can I add additional categories?

Yes, you can easily add or customize categories based on your needs.

Is this budget tracker suitable for personal and small business use?

Yes, it is designed to be versatile and can be used for both personal and small business budget tracking.

Can I track multiple years with this budget tracker?

Yes, you can expand the tracker to accommodate multiple years by adding additional tabs or sections.

Are there any limitations or dependencies for using this budget tracker?

This budget tracker requires basic knowledge of Excel formulas and functions. It is recommended to have Excel 2007 or later versions to ensure compatibility.

Timestamped Summary

00:00Introduction to creating a free automated budget tracker in Excel

00:40Overview of the entries tab to add transactions

05:30Demonstration of formulas and functions in Excel to automate the budget tracking process

09:00Explanation of the dashboard tab and its breakdown of income, expenses, and savings

11:30Customization options and tips for organizing and analyzing budget data