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  2. monthly expenses sheet in excel

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    To create a monthly expense spreadsheet in Excel, you need to:
    1. Launch Excel and prepare a workbook with headings of the columns for income and expenses.
    2. Set up income section and record your monthly income from different sources.
    3. Insert Excel SUM function to compute annual income and total monthly income.
    4. Make monthly expenses segment and record your expenses for different categories.
    5. Create Excel formula to automate expenses sheet and sum up your expenses.
    6. Calculate net balance by subtracting total expenses from total income.
    7. Save your template and update it monthly.
     
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