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If you are a single person living alone or in a position to take on a roommate, you may have an opportunity to drastically cut your monthly expenses by splitting the costs associated with rent and utilities. Roommates can also help reduce everyday costs on food and basic household items ...
1. Type the list of data you need to calculate the cumulative average in a worksheet such as the following screenshot:2. Then select a blank cell, for instance, the Cell C2, type this formula =AVERAGE(B$2:B2) (the cell B$2 indicates the start data of the profit, the cell B2 stan...
In the Values section, select the fields that have the values you want to add or calculate. If you only want to display values that meet certain criteria, use the Filters section. The best way to learn complex tools is by using them. So load up the demo sheet, and follow along below...
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Calculate monthly automotive expenses such as car loans, gasoline, auto insurance and maintenance. Add this total to the worksheet next to Car Expenses. Step 5 Figure monthly payments on debts. This includes payments on credit card balances and any outstanding loans. Place this amount next to Deb...
This section allows you to calculate the allowances for each employee. The allowances include the house rent allowance, transport allowance, and flexible benefits plan, and are listed in the Database section. Thebasic wageand thetotal allowancesare summed up to calculate the gross salary: ...
Calculate the Medical allowance of the employees which is 15% of the Basic salary. Select cell E7 and insert the following formula into it: =D7*15% Press Enter. AutoFill the formula to the rest of the cells in column E. Insert the following formula in cell F7 to get the Rent allowance...
Calculate operating expenses. A good place to start, once again, is those financial statements. These statements should include an itemized list of the fixed and variable expenses you incurred during the year, including salaries and wages, rent, postage, research, travel, utilities, taxes, etc. ...
Fill out acomprehensive retirement expenses worksheetto get a sense of where your money is going when a paycheck is no longer coming in. To get a more personalized account, contact a fee-onlycertified financial planner, and make sure they put your needs before their own. Bankrate’sfinancial ...