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Excel Managing Your Finances

Ever wondered how much your mortgage is really costing you? Or where you can cut down on spending and start saving instead? Perhaps youre worried about how long it will take to clear that balance on your credit card? Microsoft Excel can help. As arguably the most sophisticated spreadsheet package on the market, Microsoft Excel lets you track spending and keep a tight rein on your mortgage, loans, credit cards and stock investments. Well show you how to use formulae to total figures in your expense sheets and use the PMT (Payment amount of the investment) function to calculate the amount of money you can expect to pay for mortgage, loan or credit card borrowings. Well even show you how to use Excel to get live share price information.

Category: Office & Software Programs
Issue: 2004 Issue 4 June/July
Operating Systems: 98, me, 2000, XP
Article Reference: E12