EXCEL SOLUTIONS

Compare your budget with what you spent

See where you are over plan and by how much.

BeginnerPersonal budgetingAbout 5 minutes

Sample data

RowABC
1CategoryPlannedActual
2Rent12001200
3Groceries400462
4Transport150128
5Utilities180171
6Fun120160
7Savings300300
Monthly budget (fictional) Row 1 holds the headings. All data is fictional. Dates are year-month-day.

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Steps

Each formula is already filled in and calculated. Edit it and press Run to try your own version. Nothing is saved or uploaded.

  1. Difference for Groceries: actual minus planned.

    Result62

  2. Say whether it is over.

    ResultOver by 62

  3. Total planned.

    Result2350

  4. Total actual.

    Result2421

  5. How far over or under in total.

    Result71

  6. Percent of the plan used.

    Result103%

  7. What share of spending went to savings?

    Result12%

What to remember

Subtract, compare, then summarise. A simple budget sheet is only three formulas repeated down a column.

Formulas used

SUMIFTEXT

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