Not dynamic : Data ranges become redundant when new records are added, resulting in established formulae needing to be altered. Overlooking these errors can be embarrassing and downright expensive, especially if important decisions are being made based on the data.
From businesses to non-profit organizations, spreadsheets are used in different sectors, ranging from Entertainment to Culture to Education and to Health to name but a few. With the emergence of home-based businesses and an increase in the number of entrepreneurs in the marketplace, such software is now highly sought-after among home users as well.
When your spreadsheet start to hit its limits, what options are open to you? Perhaps the best option is to consider the conversion of your spreadsheet to a database solution. Relational databases became viable not too long after the spreadsheet was well-entrenched as the affordable and quick means of gathering data and performing calculations.
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.
types of spreadsheet
what is spreadsheet in excel
what is a spreadsheet used for