How to Make a Monthly Budget Excel Spreadsheet | Cashflow, Income, Fixed and Variable Expenses

In this Excel free tutorial video, we gonna se how to quickly and easily create your own digital monthly budget planner in Excel.
I wanted to create a Monthly Budget Spreadsheet that included my Income, my Fixed Expenses, my Variable Expenses, my Bills etc.
All this informations I'm gonna use inside the same tab in Excel.
Learn how to start a monthly budget with the Excel Personal Monthly Budget template, including projected and actual income and costs, can be a useful skill.
We gonna use the formula to make de Balance and the to make the remaining value.
The function Sum in the Excel is also used in this tutorial.
The SUM function in excel adds the numerical values in a range of cells.
Being categorized under the Math and Trigonometry function, it is entered by typing “=SUM” followed by the values to be summed.
The values supplied to the function can be numbers, cell references or ranges.
#JopaExcel #Dashboard #HowtoExcel

Пікірлер: 158

  • @suzannestirling1668
    @suzannestirling16683 ай бұрын

    This is the best spreadsheet “expense planner” video I have found. It gives very detailed directions. All of the others seem to think that the viewer is already extremely familiar with how excel spreadsheets work. Thank you from a person new to excel who is trying get a clearer view of my financials.

  • @alvawonderfullymade
    @alvawonderfullymade2 ай бұрын

    Thank you for being a teacher and not a salesman. There is an undeniable difference. I will donate to you.

  • @te5684
    @te56847 ай бұрын

    Exactly what I needed to get started! You explained very simply and easily for a beginner. I was able to watch on my tablet as I followed along creating my first monthly budget on my computer. Thank you! 🤗

  • @reginacameron3011
    @reginacameron30118 ай бұрын

    This was better than a previous spreadsheet I done. I love this one the best. I did not add credit card b/c I pay everything with it to get the awards points. I just pay the card off each month. I followed this video better than having all the different pie charts and graphs like the other videos. Plus, I like seeing for the whole year even though I only tracked since aug. I will start 2024 off using this spreadsheet.

  • @maryroseblanton4142
    @maryroseblanton41424 ай бұрын

    PLEASE never delete this!

  • @JopaExcel

    @JopaExcel

    4 ай бұрын

    Ok!! 🤣🤣 Thanks 🙏👍

  • @elgatogordo9523

    @elgatogordo9523

    3 ай бұрын

    I totally agree 👍 This is Gold!

  • @birdieh1716
    @birdieh17165 ай бұрын

    Thank you so much. This is the first Excel video I have watched that is so clearly set out and so simply practical. It’s exactly what I had hoped to learn. Blessings to you from New Zealand. Thanks heaps.

  • @Eng.MillyG.
    @Eng.MillyG.4 ай бұрын

    This tutorial is very simple and perfectly explained. I have followed along and managed to create my own monthly budget for the first time. Thank you so much and God bless you. Receive lots of love from Kenya.

  • @garrylawrence3164
    @garrylawrence31646 күн бұрын

    Very helpful and beginner-friendly! I'm 19 and I was able to finish this in a day's time.

  • @ellieking4132
    @ellieking41323 ай бұрын

    This is brilliant! Thank you very much for taking the time to create and share such a clear, helpful video!

  • @omaralaa3822
    @omaralaa38225 ай бұрын

    Perfectly explained. Thank you!

  • @renewableenergy78
    @renewableenergy7811 ай бұрын

    Super easy to follow, and more importantly: Extremely useful! Thank you!!

  • @JopaExcel

    @JopaExcel

    11 ай бұрын

    Thank you 🙏👍

  • @OhCyrus
    @OhCyrus3 ай бұрын

    This was SO helpful for me, I followed step by step and FINALLY have a spreadsheet that I like and can understand. Thank you very much!

  • @kathykuntz1616
    @kathykuntz161610 ай бұрын

    Thank you so much. I'm glad I found you. Best tutorial ever!! So helpful.😊

  • @JopaExcel

    @JopaExcel

    8 ай бұрын

    Thanks! 🙏👍

  • @ladonnajackson734
    @ladonnajackson7343 ай бұрын

    Great presentation! Thank you.

  • @diellberisha5126
    @diellberisha51262 ай бұрын

    Bro you’re the best i swear you saved me

  • @JopaExcel

    @JopaExcel

    Ай бұрын

    Thank youu! 🙏👍

  • @brendawhirl-patterson8530
    @brendawhirl-patterson853011 ай бұрын

    You made that so simple. Thank you so much!

  • @JopaExcel

    @JopaExcel

    11 ай бұрын

    Thank you! 🙏👍

  • @elkanahdhanookdharry
    @elkanahdhanookdharryАй бұрын

    Loved this video. Steps were clearly described. Thank you!

  • @c.onGallery
    @c.onGallery Жыл бұрын

    Awesome! I'll watch this again tom once I'm on the computer.

  • @JopaExcel

    @JopaExcel

    Жыл бұрын

    Thanks! 🙏👍 If you have any questions let me know!

  • @BrandyThomas-qb2ys
    @BrandyThomas-qb2ys3 ай бұрын

    BEST video out there that I could find - thank YOU very much!!!!

  • @JopaExcel

    @JopaExcel

    3 ай бұрын

    Thank you 🙏👍

  • @musickalxf
    @musickalxf Жыл бұрын

    👍simple and effective. I like what you did with the balances.

  • @JopaExcel

    @JopaExcel

    Жыл бұрын

    Thank you, mate! 🙏👍

  • @massimosammi
    @massimosammi5 ай бұрын

    Thank you, really helpful!

  • @terracraft4549
    @terracraft4549 Жыл бұрын

    Very easy to follow along! Helped me out a good bit. Many thanks ~

  • @JopaExcel

    @JopaExcel

    11 ай бұрын

    I'm glad it helped you! 😁

  • @waz1167
    @waz11673 ай бұрын

    Thank you very much. This will really help me get my finances on track.

  • @DMora-go3ic
    @DMora-go3ic4 ай бұрын

    This was a great tutorial. Thank you, it was very helpful!

  • @joanantonio5915
    @joanantonio59159 күн бұрын

    now i know how to make my monthly budget excll❤

  • @TinaAnn.
    @TinaAnn.7 ай бұрын

    Thank you so much for this free tutorial! The flow and explanation was amazing and easy to follow. Really enjoyed it. I'm a new subscriber!

  • @JopaExcel

    @JopaExcel

    7 ай бұрын

    Glad it was useful. Thank you 😁🙏👍

  • @simonoganga9535
    @simonoganga9535 Жыл бұрын

    Great job Jopal, i love it, thank you for the tutorial.

  • @JopaExcel

    @JopaExcel

    Жыл бұрын

    Thank you, Simon! 🙏👍

  • @jamesof07
    @jamesof073 ай бұрын

    At last, video that makes a lot of sense, thanks.😊

  • @jessicamenchaca9156
    @jessicamenchaca91566 ай бұрын

    🤩 LOVED IT THANK YOU I LEARNED SOMETHING NEW

  • @customersdocuments7635
    @customersdocuments76354 ай бұрын

    thank you so much!! helped me alot with excell. more powers!

  • @criconinvestments7723
    @criconinvestments77233 ай бұрын

    Thank you so much no one is doing theirs like this

  • @elgatogordo9523
    @elgatogordo95233 ай бұрын

    Thank you for your informative video. Just what i needed! Will creating this spread sheet as a guide. Retiring in a xouplenof years and this willncome in handy!

  • @Jc-sm5vi
    @Jc-sm5vi9 ай бұрын

    Excellent video! so freaking simple! thanks man!

  • @JopaExcel

    @JopaExcel

    9 ай бұрын

    I'm glad it was useful for you. Appreciate it! 🙏👍

  • @lucidanecdote683
    @lucidanecdote6838 ай бұрын

    Very helpful. Appreciate you taking the time to make this tutorial!

  • @JopaExcel

    @JopaExcel

    8 ай бұрын

    Glad it was helpful!

  • @lifewitherica2.0
    @lifewitherica2.010 ай бұрын

    Thank you! This was so easy to follow!

  • @JopaExcel

    @JopaExcel

    9 ай бұрын

    I'm glad it helped you. 🙏👍 Thanks for the feedback!

  • @cadekoya
    @cadekoya3 ай бұрын

    Thanks you showed me a few tricks I wish I had learned years ago.

  • @tonysilva5558
    @tonysilva55588 ай бұрын

    Thank you, that helped a lot!

  • @eriqroberson7629
    @eriqroberson76292 ай бұрын

    this video was awesome. definitely helped me figure excel out for my first try and left me amazed and intrigued. fire.

  • @sunshine23313
    @sunshine233134 ай бұрын

    Thank you; this is very helpful.

  • @BravoPhantom
    @BravoPhantomАй бұрын

    May God guide and bless you brother. Thank you soo much 😇

  • @frankdupree7911
    @frankdupree79116 ай бұрын

    Your instruction is great. If you should have a template that I could use that would save me a lot of time and eliminate mistakes. Thanks, Frank

  • @joanantonio5915
    @joanantonio59159 күн бұрын

    thank you mr jopa for your excellent tutorial very big help for me i labya😘

  • @malinarshahin
    @malinarshahin10 ай бұрын

    Thank you so much. I'm glad I found you.

  • @JopaExcel

    @JopaExcel

    9 ай бұрын

    I'm glad it helped you. 🙏👍 Thanks for the feedback!

  • @katrinabanasik5244
    @katrinabanasik52443 ай бұрын

    Thank you for sharing this was very easy to understand

  • @noexcusesmarketing
    @noexcusesmarketing5 ай бұрын

    Thanks for your video.

  • @num1bamtori
    @num1bamtori4 ай бұрын

    This tutorial saved me thank you!! 😭🙏🙏

  • @mohamedcoker8664
    @mohamedcoker86649 күн бұрын

    Thanks a lot you have done great for me 😊

  • @stpetetennispro2012
    @stpetetennispro20123 ай бұрын

    This was the BEST explanation of Excel I have ever received. I learned more from this video than I’ve learned from other in the past year. What an excellent video and excellent teaching. I love my spreadsheets now!!! Thank you 🙏🏽!!!

  • @sz7463
    @sz746310 ай бұрын

    thank you for the lesson!

  • @JopaExcel

    @JopaExcel

    10 ай бұрын

    Thanks!

  • @nayanmgr01
    @nayanmgr0122 күн бұрын

    very simple and easy thank you

  • @DEWITT54LHS
    @DEWITT54LHSАй бұрын

    Very nice video! Thank you! Just what I needed!

  • @JopaExcel

    @JopaExcel

    Ай бұрын

    You're welcome!🙏👍

  • @KathleenChandler-xv2pv
    @KathleenChandler-xv2pv6 ай бұрын

    Great video! Thank you.

  • @JopaExcel

    @JopaExcel

    6 ай бұрын

    Glad you liked it! 🙏👍

  • @Miraz05-zm8vp
    @Miraz05-zm8vp3 ай бұрын

    Its very helpful . thank you so much

  • @sureshv7724
    @sureshv7724Ай бұрын

    Thanks Baiya.

  • @user-ds3ue6pm8b
    @user-ds3ue6pm8bАй бұрын

    I really enjoyed your teaching ❤

  • @Carinek505
    @Carinek505 Жыл бұрын

    Thank you so much! Simple, effective, and to the point.

  • @JopaExcel

    @JopaExcel

    Жыл бұрын

    Thank you, Carine! 😁👍

  • @palermopuertoricankitchen
    @palermopuertoricankitchen3 ай бұрын

    LOVE YOU BROTHER IT WAS ESY AND SIMPLE … I JUST SUBCRIBE TO YOUR CHANNEL

  • @rosevictoria7640
    @rosevictoria76403 ай бұрын

    Thank u very much yo such a good teacher

  • @WINSTEADKEY
    @WINSTEADKEY5 ай бұрын

    Thank you for this video it really helps me a lot 😊 I have to subscribe and likes and definitely share with others who need this help I’m now my own accountant 😊😊

  • @ezedinshemsu2522
    @ezedinshemsu25222 ай бұрын

    wow the best video I have ever get regarding excel spreadsheet thank you!!

  • @JopaExcel

    @JopaExcel

    2 ай бұрын

    Glad you enjoyed it! 🙏👍

  • @AlphonsoWilliams-mc5sd
    @AlphonsoWilliams-mc5sd6 ай бұрын

    Awesome job!!! This was my first time doing a spreadsheet and it was simple thanks to you. I have one question how do I add Owner contribution to spreadsheet, so that it will populate?

  • @user-ud8rc7ze3m
    @user-ud8rc7ze3m10 ай бұрын

    Thank you so much!

  • @JopaExcel

    @JopaExcel

    10 ай бұрын

    Thank you! 🙏👍

  • @txT0723
    @txT07232 ай бұрын

    I’m like everybody else in the comments this is exactly what I was looking for.

  • @JopaExcel

    @JopaExcel

    2 ай бұрын

    Thanks for the feedback. I'm glad the video helped you 👍

  • @SourMonkey_YT
    @SourMonkey_YT Жыл бұрын

    Great JOb!

  • @JopaExcel

    @JopaExcel

    Жыл бұрын

    Thank you, Isidro! 🙏👍

  • @joycemike-qc1qz
    @joycemike-qc1qz3 ай бұрын

    It's really helping thanks you sir

  • @aurasashanowa8427
    @aurasashanowa84278 ай бұрын

    AWESOME ,THANKS

  • @JopaExcel

    @JopaExcel

    8 ай бұрын

    😁🙏👍

  • @bluerays897
    @bluerays8972 ай бұрын

    Super helpful bro

  • @iJulioRocha
    @iJulioRocha6 ай бұрын

    Hello! First of all, you really helped me! I don't understand a thing about excel and because of you, I made my first spreadsheet and it seemed super simple, all because of your amazing explanation. I just have one doubt: If i make savings from my paycheck - for example take 200€ from my 400€ paycheck - how do I add it to the spreadsheet? Thank you so much in advance and much love from Portugal!

  • @shashikant-nk7kf
    @shashikant-nk7kf11 ай бұрын

    Amazing Thank you so much

  • @JopaExcel

    @JopaExcel

    10 ай бұрын

    I'm glad you liked it! Thank you 🙏👍

  • @FriskyDingo329
    @FriskyDingo3295 ай бұрын

    Thank you!

  • @JopaExcel

    @JopaExcel

    4 ай бұрын

    Welcome! 🙏👍

  • @bukirwasarah3319
    @bukirwasarah33192 ай бұрын

    Very useful thanks for this content

  • @JopaExcel

    @JopaExcel

    Ай бұрын

    Glad it was helpful!

  • @francishubertovasquez2139
    @francishubertovasquez21395 ай бұрын

    Thanks, I realized there should be other source of income of employees, workers, business person's to whatever category belongingness, to whoever Matter or bigger Magog carriers, I learned that from your presented example personal data with many expenses though with improving income, maybe later.

  • @noahane-uti7705
    @noahane-uti7705Ай бұрын

    This is gold

  • @cherubiru6630
    @cherubiru66304 ай бұрын

    thanks so much

  • @freddiesamples
    @freddiesamples2 ай бұрын

    You make this look soooo simple! Excellent template. Thank you, Sub'd

  • @JopaExcel

    @JopaExcel

    2 ай бұрын

    Glad you like it! Thanks 🙏👍

  • @raviarora5776
    @raviarora57765 ай бұрын

    Thanks man 😇

  • @JopaExcel

    @JopaExcel

    4 ай бұрын

    Welcome 🙏👍

  • @ivanfojan8859
    @ivanfojan885910 ай бұрын

    Very good and easy to understand. Liked and subscribed :)

  • @JopaExcel

    @JopaExcel

    9 ай бұрын

    Ivan, thanks for the feedback! 🙏👍

  • @leafman3608
    @leafman36089 ай бұрын

    amazing video deserve more views

  • @JopaExcel

    @JopaExcel

    8 ай бұрын

    Thanks 🙏👍

  • @aravindsshetty6999
    @aravindsshetty69992 ай бұрын

    nice...

  • @JopaExcel

    @JopaExcel

    2 ай бұрын

    Thank you!

  • @strangergranger10
    @strangergranger10 Жыл бұрын

    What an amazing tutorial and a spreadsheet. I only have one question, when it comes on putting your income sources, are you putting them on gross income or net income??? Assuming someone with a regular job and investment or side hustle,for a job it will be tax right away, in short, net income. On the other hand, making an income on investments and side hustle, such as, capital gains and dividends is I consider gross income. Also, it will only be tax on filing season. Which part of the income should I put on the spreadsheet, the gross/pre tax or the net/after taxes to make everything accurate??? Thank you and have a great day.

  • @mohammedabboud4891

    @mohammedabboud4891

    11 ай бұрын

    i would say add the gross income onto the spreadsheet and add TAX as a variable expense obviously most months it will be $0 but when th time comes to pay tax u add it in as an expense, that way u account for everything. It also makes sense to add the gross income as that will be the amount u hold until u pay tax, so in simple terms just count the TAX as an expense.

  • @Buk_holistic
    @Buk_holistic10 ай бұрын

    Thanks

  • @JopaExcel

    @JopaExcel

    10 ай бұрын

    Thanks so much, man! I appreciate it.

  • @jrb737
    @jrb7374 ай бұрын

    Hello, how would we go into the next year and the following years? Just clear out the previous year's data for each month?

  • @Gazo79
    @Gazo79 Жыл бұрын

    Great video would love to know how you put in budget bs actual

  • @JopaExcel

    @JopaExcel

    11 ай бұрын

    Good question. I gonna make a better video about this subject. A 2.0 spreadsheet version. I gonna make some improvements! Thanks 🙏👍

  • @godfreydavid6847
    @godfreydavid68475 ай бұрын

    You are so amazing

  • @JopaExcel

    @JopaExcel

    4 ай бұрын

    Thank you. 🙏👍

  • @katambaandrew89
    @katambaandrew892 ай бұрын

    Tanx bro!, what if july am inserting abig numner in the cell (2000000), what should I do??

  • @lucianaholmes8442
    @lucianaholmes84427 ай бұрын

    what could be the reason my SUM formula wont work? i googled and tried to fix it but it still wont work. sorry but im beginner with excel lol! great video!

  • @BrianAz
    @BrianAz9 ай бұрын

    It was a little more difficult for me since I am using OpenOffice which has different buttons and some are missing (since it is free). I would rather use Excell but there is no free version. I have a question. How do you set up to add to your variable expenses as you go. So if each day I have different amounts to add to one or more of the expenses, how can I add to the expense without calculating it myself? Can you create a second page or something where you just something like "food" where you type in a new value and it adds to the old value during the same month?

  • @JopaExcel

    @JopaExcel

    8 ай бұрын

    Brian, thank you very much for the question. Your question is really good. Maybe, what can you do is, let's say you are in the January month, and in case you had many expenses during this month, you can, within the same cell, add the amounts spent on food, for example: = 9.90+20.00+10.00... But, the ideal would be to create a "daily" instead of a "monthly" one, this way, each spreadsheet would have a month, there would be a spreadsheet for the January, another for February and so on. And in each column, you would have a day. First day, second day, third day etc. I will create a new spreadsheet to be able to better meet this demand, your question is really valid, thank you.

  • @user-rc1zy7sj6x
    @user-rc1zy7sj6x6 ай бұрын

    Thanks - this is very helpful! Very well explained. But although I followed you carefully I was not able to click-hold-drag to get the formula to repeat for each month. Is there a trick that I am missing?! thanks

  • @JopaExcel

    @JopaExcel

    6 ай бұрын

    I'm glad it was useful for you, Cath! 🙏👍 Look, if the "hold drag down" isn't working, you can try copie and past instead. Ctrl C and Ctrl V. Ctrl C the cell with the formula, select the rest of the cells where you need to input the same function and then Ctrl V. I reckon this can solve your problem.

  • @user-rc1zy7sj6x

    @user-rc1zy7sj6x

    6 ай бұрын

    Thank you very much @@JopaExcel - this was exactly the trick I needed! I appreciate you taking the time to help. Great video!

  • @JopaExcel

    @JopaExcel

    6 ай бұрын

    🙏👍😁@@user-rc1zy7sj6x

  • @thegmastert7656

    @thegmastert7656

    5 ай бұрын

    Yes

  • @tutsecret499
    @tutsecret499 Жыл бұрын

    How we handle the invoices. Example: when paid invoices how will update the budget. So do we have to get separate spreadsheet for invoices tracker? but how it will update the budget in a dynamic way?

  • @joukenienhuis6888

    @joukenienhuis6888

    11 ай бұрын

    You have to make a separate spreadsheet for the tracking of the expenses. And don't confuse both of them, because an expense tracker tracks down all your expenses. Budgets are only planned expenses and not real expenses. They are made to give any idea of what you are going to spend. If you have made the two sheets, you can compare them and see if you have spent too much or if you have money left.

  • @syedtahirbukhari8377
    @syedtahirbukhari83774 күн бұрын

    I subscribed to you can you make a budget on a restaurant and mostly I'm watching on your channel

  • @ericjackson6082
    @ericjackson608210 ай бұрын

    I like this alot but wish it had a transaction page to work with it😊

  • @JopaExcel

    @JopaExcel

    9 ай бұрын

    Eric, thanks for the feedback. I'm always bringing new videos. I will bring new updates with this suggestion. Thanks!

  • @mccartneyjustin

    @mccartneyjustin

    9 ай бұрын

    @@JopaExcel First off, great video. I would also like to see the transaction page video as well!

  • @bobmatters

    @bobmatters

    6 ай бұрын

    @@JopaExcel Also want to say thanks for the great video, if you have made a transactions video to go along with this one, can you link it? Thanks

  • @shareenafaleel6285
    @shareenafaleel6285Ай бұрын

    prepare the budget for the above company for agust september october november december 2021 .(you have to apply appropriate layout ,formating formula etc)show the variance of expenses and revenue using appropriate graphs.plz this one how to create 😊

  • @bounmeeyang8854
    @bounmeeyang88544 ай бұрын

    If i create a table of income and expense in worksheet 1 and within each of the income and expense i have a lot of sub-category expenses/income like laptop, income, supplies, etc. then in worksheet 2 i use data validation to categorize my income and expenses by their sub-category . How do I add the monthly total of the sub-category in worksheet 3? Example: 01/01/24: supplies $10.00 01/02/24: revenue $100 01/02/24: meal $10.00 01/03/24: meal $10.00 So for month Jan my total meal is $20, how would i be able to create a formula in worksheet 3 to have the sum total of meal for jan?

  • @markp8600
    @markp860010 ай бұрын

    Is the template available?

  • @ReneeThompson-mo4qj
    @ReneeThompson-mo4qj Жыл бұрын

    ❤it

  • @JopaExcel

    @JopaExcel

    Жыл бұрын

    Thanks, man! 🙏👍

  • @nildaluzrodriguez
    @nildaluzrodriguez19 күн бұрын

    How can a chart be made of all the data?

  • @Codger2015
    @Codger20153 ай бұрын

    This would be much better if the file you are working on could be downloaded so we can follow along.

  • @ReneeThompson-mo4qj
    @ReneeThompson-mo4qj Жыл бұрын

    Could you do this in googlesheets please.

  • @JopaExcel

    @JopaExcel

    Жыл бұрын

    Hey, Renee! I just made it, kzread.info/dash/bejne/pKecw86BpsvYnLw.html. I saw your comment a couple days ago and here it's, the spreadsheet for GoogleSheets. 🙏👍

  • @ReneeThompson-mo4qj

    @ReneeThompson-mo4qj

    7 ай бұрын

    Thank you

  • @kimpacheevlog3576
    @kimpacheevlog3576Ай бұрын

    my iphone doesnt work on last formula. icant make 925 to the next cells.

  • @JopaExcel

    @JopaExcel

    Ай бұрын

    Excel for desktop is different from Excel for mobile. I believe that is the problem. But try doing it via desktop or at least via Excel web, I believe it can solve the problem.

  • @ShOookYx
    @ShOookYx8 ай бұрын

    can you share the template

  • @villa_fan8882

    @villa_fan8882

    7 ай бұрын

    I can yes…. It’s £50 and it’s all yours! :)

  • @ShOookYx

    @ShOookYx

    7 ай бұрын

    @@villa_fan8882 lol