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11. Finance and Business Analytics · Business Projects · 30 min

13. Project: Family Budget

Lesson 13 of 16
Task 1 of 4
  1. In B8 and C8, calculate the totals for the budget and the actual.

Lesson theory

The final project brings everything together: sums, IF, percentages, absolute references, and formats.

The task is to see where the family went over budget and what share of spending each category takes.

  • Variance = actual − budget (a positive variance is overspending);
  • A category's share = the category's actual / total actual. Anchor the total with $.

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