Professional Documents
Culture Documents
Group 6 Presantation
Group 6 Presantation
1- Setting goals
2- Gathering data
3- Forecast future needs
4- Implementing the budget
5- Controlling your spending
6- Evaluating your performance
Tools you’ll need to make a budget are Small
notebook , Green eye shade to highlight the important
data ,Graph paper or Excel and a Calculator.
Gathering data by Recording all the income and
expenditures
The aspect of Divide and conquer the funds
Using Excel to make a budget
Transfer notebook data to Excel at end of each week
Have built-in sum formulas ready to go Use a system
that makes sense to you Won’t use it if you don’t like
it – tweak it over time Add, subtract, combine
categories
Projecting future cash flows