Another advantage to using a spreadsheet application for your budget is that you won't have to access the Internet to access your budget. You will be able to view it or work on it wherever you are and if you typically work on a laptop computer and take it with you when you travel, this can be extremely beneficial. Using budgeting spreadsheets to manage your finances is an easy and affordable way to stay on top of your financial game.
The mentioned package includes valuable programmed spreadsheets such as the "Income and Residual Tracker" - provides professionals in the entertainment branch with detailed information regular and residual income; "The Biorhythm Plotter" - helps users in planning various events and actions based on Primary and Secondary Biorhythms (the spreadsheet solution allows users to choose the right timing for their actions according to personal intellectual, psychological and physiological factors); "Basic Actor Package" - designed to facilitate the process of calculating expenses.
You may want to create a workbook with multiple sheets for various aspects of your budget. You can have one sheet that keeps track of savings and investments and another sheet that lists your monthly bills.
Size limitation : When a spreadsheet is first constructed and tested, the size tends to be small. However, as the spreadsheet grows with more and more data, it start slowing down, until it reaches that point where your feet go to sleep while you waiting for the re-calculation to finish.
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