Sunday, November 1, 2015

Become a Money Managing Guru with Microsoft Excel

Why would anyone choose to learn about Microsoft Excel? What does Excel do? What benefits could come from learning a new way to track money and prove expenses?

Businesses that we bank with are required to be honest and be able to provide proof of math skills about interest on our accounts, debits, and credits that are accurately totaled with profits and losses.

Why do Americans depend on others to figure out their money and math for them? Why do we not seek tools to help us to prevent problems; as much as, we seek to solve the problems after they occur? What kind of logical,mature, and rational sense does this make to disregard prevention?

Microsoft Excel is a software program that has been helping businesses for decades to keep their spreadsheets, charts, and large data files organized and mathematically correct.

What can Excel do for job seekers? 

According to Chandoo.org; now a days, any job requires basic Excel skills. These basic Excel skills are – familiarity with Excel ribbons & UI, ability to enter and format data, calculate totals & summaries thru formulas, highlight data that meets certain conditions, creating simple reports & charts, understanding the importance of keyboard shortcuts & productivity tricks.

Learning how to use this program is beneficial for businesses, employees, and for anyone who wants or likes helpful tools to balance a monthly budget.

Chandoo.org offers basic tips to teach what Excel is and does. These basic tips are for any beginner or those who are outdated by the new Excel.

Alison.com offers a free course of Microsoft Excel 2010 with an option to get a diploma upon completion. To qualify for your official ALISON Diploma, Certificate or PDF you must study and complete all modules and score 80% or more in each of the course assessments.

What are the learning outcomes that Alison.com teaches?

  1. - Understand how to navigate Excel's menu;
  2. - Create, save, prepare for printing and apply templates to a worksheet.
  3. - Work with formulas and functions.
  4. - Determine patterns and trends with conditional formatting, sparklines and charts.
  5. - Apply a table to the data.

A calculator used to be the only tool available to multiply, divide, subtract and add numbers. Today, the Internet, mobile devices, computers and other technologies exist that make a calculator seem like a waste of time when documenting on paper with pen writing of managing a budget.

Companies use internal programs to take care of their accounting and financial matters. Many choose to use other methods of spreadsheet and data input to perform calculations.

I prefer Excel as a biased and long term user. Why? Because after twenty years of Excel use; I am still amazed at its capabilities. I know most do not understand technology loyalty to a brand these days. But I do. Either/or, it is alright as long as the bills are paid and money is being used to a larger benefit and used for the bigger picture of its potential.

Sometimes, we spend so much time using the same old tools that we really don't know when they are worn out and need to be trashed. But in evaluating the way we budget our math and money can help increase new ways to reinvent old systems to increase profit and decrease expenses.

I've heard it said,"If it's not broken than do not fix it." This maybe true of many things in life, but money is not one of them. For the income we have at this exact moment may not be the income we will have in a year, five years, or ten years.

We will never move forward in life by sitting still. Neither should we become stale in how we view, balance, and manage our incomes either.