Take Control of Your Finances in 2025 with Excel!

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  • Опубліковано 1 лют 2025

КОМЕНТАРІ • 124

  • @KenjiExplains
    @KenjiExplains  Рік тому +7

    🚀Get the FREE Data Analytics Guide from Hubspot: clickhubspot.com/kgv

    • @alamiralshafay
      @alamiralshafay Рік тому

      Great video Really I like it.

    • @mohamedsiddiq155
      @mohamedsiddiq155 Рік тому

      Hi Kenji,
      I am a great admirer of your videos.
      I have seen so many videos of Excel of various UA-cam instructors, but I haven't found a video suit to my requirement.
      I receive both invoices and packing list in excel format from China. Following is an example but not the actual one:-
      Invoice
      Apple Juice
      Pineapple Juice
      Mango Juice
      Orange Juice
      Grape Juice
      Packing List
      Apple Juice Keels 12956
      Pineapple Juice Keels 12957
      Mango Juice Keels 12958
      Orange Juice Keels 12959
      Grape Juice Keels 12960
      Apple Juice 1280 Cargill
      Pineapple Juice 1281 Cargill
      Mango Juice 1282 Cargill
      Orange Juice 1283 Cargill
      Grape Juice 1284 Cargill
      Apple Juice Laughs 1123 12
      Pineapple Juice Laughs 1123 13
      Mango Juice Laughs 1123 14
      Orange Juice Laughs 1123 15
      Grape Juice Laughs 1123 16
      Now you may have noticed that in the packing list the products comes with extentions such as the name of the production company and a product ID..
      I wanted to eliminate the company name and the product ID from the list and produce a new list while keeping complete item names in the packing list. Is this possible in excel.
      What I do now is "TEXTSPLIT" the description. Delete the unnecessary data manually and join the Description again to get the list as I wanted.

  • @raissa2365
    @raissa2365 29 днів тому

    This helped me so much. I even created a column to add which bank/wallet it belongs so I could track cashflow. Thank you so much!

  • @skirolf
    @skirolf Рік тому +2

    Great model! How to include or keep record of the ballance of your different bank and different creditcard accounts and your cash? I have looked through a lot of your videos without finding any video covering this. Hope you make it in the future.

  • @ahmedsafwan2184
    @ahmedsafwan2184 2 місяці тому

    I Appreciate Yur Efforts and your Kind Support and Knowledge Spreading to the people God Bless You

  • @Akash-jj8pi
    @Akash-jj8pi 28 днів тому

    Amazing video. The simple but effective Finance Tracker im voing to build one for myself. Thanks for this video

  • @andresgutierrez7504
    @andresgutierrez7504 Рік тому +5

    Simple, and really useful. Thanks a lot!

  • @harisshorts
    @harisshorts 5 місяців тому

    Thank you so much for making this video! It helped me a ton.
    Let me tell you about my process... I have Business drawings and not Salary, and I take drawings as much as I need. So, technically i have 0 savings. I didn't create the Savings account, but I've created "Other" Category instead of Savings. It includes loans i have given to others which they'll give me back, and family support which doesn't classify as personal expenses.

  • @sunmonuabdulkareem1604
    @sunmonuabdulkareem1604 Рік тому +2

    Your video help me a lot brother.
    Keep it up

  • @korijugaming7798
    @korijugaming7798 6 місяців тому

    Hey @KenjiExplains, I would love to see you add a section on debts. I have student loan payments to pay off and I'd really love an integrated way to track and input this in the spreadsheet. None of this budget tracking or excel spreadsheets come easily to me so I love your free downloads and video tutorials on them. Please include a debt payment (and tracker) into your spreadsheets for those of us with debt! Even ones to pay down a car, or mortgage on a payment plan. It would be such a helpful tool to include that I feel is really missing since most average people have to use payment plans to afford larger items/expenses.

  • @timstokes-db2ed
    @timstokes-db2ed Рік тому

    This works awesome! After building it, I’ve tried adding a monthly category totals area but can’t figure out a formula to make it work.

  • @yohannaagbanaji8012
    @yohannaagbanaji8012 Рік тому

    I have been looking forward to this Mr Kenji. Thank you so much

  • @patslee1394
    @patslee1394 11 місяців тому

    great video. very nicely demonstrated in a way i can follow 10/10

  • @EtherealMelodic665
    @EtherealMelodic665 11 місяців тому +1

    This is what I was looking for. Thank you

  • @yohannaagbanaji8012
    @yohannaagbanaji8012 Рік тому

    My favourite UA-camr Kenji the best.

  • @herbalchina8267
    @herbalchina8267 6 місяців тому

    Wow, that's really useful! Thanks for teaching me something new. Keep rocking it!

  • @99bogatyrs99
    @99bogatyrs99 2 місяці тому

    Got it done and it is pretty good. I would like it better if I could do plan vs actual comparisons. Any suggestions on how to incorporate this?

  • @paternie
    @paternie 5 місяців тому +2

    This dashboard is great! I only added one more section which is "investment", works perfect now! Thank you :)

  • @nima12626
    @nima12626 24 дні тому

    Thanks a lot

  • @michaelcuellar5954
    @michaelcuellar5954 Рік тому +2

    Great information as usual. Question. I presume you can add to the income/expense table. I did; however, when I copied the formula to Expenses and Savings, I get 0 for expenses for the months. Any idea?

    • @VishnuVardhan-sj6nd
      @VishnuVardhan-sj6nd Рік тому +2

      I had the same issue. However, when I checked I made a spelling mistake. I used 'Expenses' as my Header in Dashboard sheet instead of 'Expense' as in the Entries sheet.

    • @michaelcuellar5954
      @michaelcuellar5954 Рік тому +1

      @@VishnuVardhan-sj6nd Thank you! That was the issue.

    • @lizmcneill1641
      @lizmcneill1641 8 місяців тому

      @@VishnuVardhan-sj6nd Thank you so much for this information. I was starting to pull my hair out LOL

  • @petecardona8203
    @petecardona8203 Рік тому

    This was awesome as usual. Thank you Kenji

  • @yohannaagbanaji8012
    @yohannaagbanaji8012 Рік тому

    This video will definitely help my small business

  • @smackenzie1340
    @smackenzie1340 14 днів тому

    Thank you Kenji. The only issue I see is this only works for 1 year. If you start adding another year, there is no way to separate the data. Is there a quick fix for this vs saving each year as a separate file?

  • @Shakawat__World
    @Shakawat__World Місяць тому

    Brother, your video was very helpful, but I am struggling to match some of the formulas. Could you kindly share your template with us as an example, where you have already worked on it?

  • @EstherMaharjan
    @EstherMaharjan 11 місяців тому

    Thank you very simple and very useful.

  • @jaded.9915
    @jaded.9915 Рік тому

    Hi Kenji, this is another amazing vedio. Can you make a video on transferring 12 months' credit cards pdf statements combine with bank statements to excel? I transferred the file by each month then copy paste to one table. Maybe you have better way to do it. Thanks.

  • @idlenao
    @idlenao 11 місяців тому

    Great video honestly, is there anyway to also include subscriptions and when those payments will go in this spreadsheet template?

  • @milamila10-o1d
    @milamila10-o1d Місяць тому

    Thank you so much for this video! I have a question,
    I’m a student studying abroad and use two currencies-JPY and EUR. My main currency is JPY, but there are times I use my EUR debit card for purchases, and since I’m spending in JPY, I find it much easier to track everything in one currency. (in my case JPY)
    In the past, I’ve manually converted my home currency (EUR) to JPY, but the exchange rate fluctuates, making my balances inaccurate over time. I’ve tried different Excel formulas to make this process automatic, but I keep encountering errors.
    Could you make a guide on how to set up a spreadsheet or formula that handles currency conversion dynamically, considering the fluctuating rates?

  • @azwarmzafar
    @azwarmzafar Рік тому +1

    Simple amazing personal tool! Many thanks.

  • @sh3wan1
    @sh3wan1 Рік тому +2

    Great efforts Kenji. Love your videos man! is it possible to link a google forum for the transactions on Phone and then they would be automatically exported to Excel? I feel that would be more convenient instead of manually inputting the transactions on a laptop

  • @vikasarora4770
    @vikasarora4770 Рік тому +1

    I don't see any updates in dashboard for February entries.

  • @sanjayaais8495
    @sanjayaais8495 Рік тому

    Hi Kenji, thanks for the informative video. One question, how is the budget tracking done here?

  • @christophertucker9812
    @christophertucker9812 7 місяців тому

    Could you do a video that goes a step further by making categorizing the transactions dynamic? Maybe you could just download from the bank or account and put it into a folder to add it to the excel, if possible?

  • @fabiocaneti5390
    @fabiocaneti5390 Рік тому

    Hi Kenji, thank you very much for this useful video! I will definitely use it for my personal projects :) ! Just one thing, I was testing it out by myself, but I think I found a problem with the EOM formula.. because the MONTH formula will produce a month number (e.g. 7 for July) then the EOM formula would take this 7 as the 7th of Jan 1900.. thus will always yield 31/01/1900 as the EOM.. so all percentage of month lapsed will be based 31.. won't work for February for example

    • @fabiocaneti5390
      @fabiocaneti5390 Рік тому +1

      I rewrote like this and it works =DAY(C4)/DAY(EOMONTH(C4,0))

  • @philvuk
    @philvuk Рік тому

    Great video Kenji thanks a lot !

  • @indrakumarguptaa
    @indrakumarguptaa Рік тому +2

    Im trying the sumifs formula to calculate the Monthly Category breakdown but its not working

  • @naivedhyakhatri5142
    @naivedhyakhatri5142 5 місяців тому

    I would prefer the category breakdown to be monthly. How do I approach that?

  • @TheExecutor_96
    @TheExecutor_96 10 місяців тому +2

    I'm having trouble in the sumifs part pls
    Help the value comes to zero even though I have some income in January

    • @TheExecutor_96
      @TheExecutor_96 5 місяців тому

      @@yorkbv2107 no I left it at that. That was the only part I couldn't solve.

  • @ms9240
    @ms9240 Рік тому

    Banking apps allow you to download excel files of transactions so this allows data to be included. Alternative is manual inputting.
    🖐

  • @ursshafraz2809
    @ursshafraz2809 Рік тому

    Nice video 😊 thanks a lot I’ve learned a lot from you 🎉

  • @jeminesokoturoh
    @jeminesokoturoh Рік тому

    Nice video! 👍 can you make more videos on careers in business and finance?

  • @ngwarnyaclovisringnyu6485
    @ngwarnyaclovisringnyu6485 10 місяців тому

    Greetings sir,
    Im unable to download the Excel
    How do i go about it.
    Thanks for your usual promptness

    • @deniseslp9
      @deniseslp9 8 місяців тому

      i was unable to download as well

  • @risavghosh3242
    @risavghosh3242 11 місяців тому

    how did you make the category table? Is it just a normal table?

  • @xiaoxiaowu2949
    @xiaoxiaowu2949 23 дні тому

    hello, hope you're doing well.
    what if my excel doesn't have XLOOKUP, how could I suppose to set the formula?
    thank you very much!

  • @divankalakshan
    @divankalakshan 9 місяців тому

    Help full video.
    Thank a lot brother. :)

  • @jeffsteinke5286
    @jeffsteinke5286 Місяць тому

    Would you be willing to share your built worksheet? I'm a Baby Boomer and the formulas are a challenge. Your completed ws would be perfect. Thank you!

  • @fritzloewy
    @fritzloewy Рік тому

    Kenji what's your desk setup?

  • @camlex6310
    @camlex6310 Рік тому

    This is super helpful!! Thanks

  • @cherylalmstrom7301
    @cherylalmstrom7301 6 місяців тому

    Hi, I have set up your template and modified it some, to include extra sheets...for each Month, i.e. January Entries, February Entries, March Entries and so on. I have managed to get formulas in place for the "Year To Date Monthly Breakdown", but I am having trouble getting a formula in place to get the 'Year to Date Breakdown'. I cannot seem to enter the correct formula to consolidate multiple sheets of data. I have only tried the Income side and nothing seems to work. I am fairly sure I am just slightly off, but have tried numerous variations. Can you offer any input on a formula so that I can continue setting this up? Once I get things set up for my "Personal Bookkeeping System", just for me and my husband, as we are retired now and I am leaving Quickbooks behind, I would love to show it to you, as your template is the main foundation for it. Thank you.
    Regards,
    Cheryl

  • @MichaelShuba
    @MichaelShuba Рік тому +1

    Help. Im getting stuck on this walkthrough. When i put in the sumifs formula, I recieve a 0 value for january. Ive only put in two entries for salary and 1 entry for expense.

  • @triplemmm333
    @triplemmm333 Рік тому +4

    Somehow my Excel does not work with the "=TEXT(B5, "mmmm") setting. Pops an error message. :

    • @jonathanbernardo273
      @jonathanbernardo273 6 місяців тому

      same...

    • @jonathanbernardo273
      @jonathanbernardo273 6 місяців тому +2

      I fixed mine, it seems like excell has changed the uses of "," and ";"... So instead of saying "=TEXT(B5,"mmmm")" try using a semicolon instead where the comma should be like: "=TEXT(B5;"mmmm")".... This did the trick for me

  • @jdsagar7547
    @jdsagar7547 6 місяців тому

    Excellent Brother

  • @onlineskills99
    @onlineskills99 Рік тому

    Useful for me , thanks

  • @yohannaagbanaji8012
    @yohannaagbanaji8012 Рік тому

    Great job Kenji

  • @Vishal-ll3ed
    @Vishal-ll3ed Рік тому

    Thanks buddy❤

  • @ChasingMyLiberty
    @ChasingMyLiberty Рік тому

    I would like a video on the least useful things college taught you based on your career choice.

  • @ngjf8433
    @ngjf8433 Рік тому

    I have a list of data that is about 2400 seconds long, and includes data up to the hundredths decimal place. Is there a function or filter I can use in order to just keep the integer values and delete all entries with decimals?

  • @rianskot
    @rianskot 6 місяців тому

    awesome, thx for sharing!

  • @samh5550
    @samh5550 6 місяців тому +1

    2:22
    Hello, I hope you can see my comment here
    I'm doing exactly what you are doing for the xlookup command, but I always getting #name error. I tried many videos for solution but none worked.
    Please advise.
    Thank you for your videos.

    • @DaVanilla_Gorilla
      @DaVanilla_Gorilla Місяць тому

      Hey I was having trouble with it as well until I realized i did not include a comma(,) after selecting E5

  • @willzinner8813
    @willzinner8813 Рік тому +1

    can you do a divident tracker too?

  • @DonnaC-g5d
    @DonnaC-g5d 11 місяців тому

    Does this work on a Mac with Numbers?

  • @TrappedQue
    @TrappedQue 8 місяців тому +3

    I wish you start this tutorial from scratch. Because many of us don’t know how to create the category & income/expense.

    • @jamescoay
      @jamescoay Місяць тому

      Bro it’s available to download lol

  • @ChristerHarju
    @ChristerHarju Рік тому +1

    I’m using a Swedish version of Excel. Converting date into text of a month does not work in the same way as you show in the video. The Swedish standard is: 2024-01-01. I can do: =MONTH(B5) which shows as 1, 2, 3 etc, but show month in text, I can’t do it?

    • @jonathanbernardo273
      @jonathanbernardo273 6 місяців тому

      I fixed mine, it seems like excell has changed the uses of "," and ";"... So instead of saying "=TEXT(B5,"mmmm")" try using a semicolon instead where the comma should be like: "=TEXT(B5;"mmmm")".... This did the trick for me

  • @darias1952
    @darias1952 8 місяців тому

    how do you create the headline "personal finance"

  • @WilliamShapiro-k9l
    @WilliamShapiro-k9l 10 місяців тому

    Hello- my result in cell C11 is a 0 (zero). I cannot see why, I've debugged the formula, rewritten it a few time to no avail. Any suggestions? Thanks- WS

  • @micheal2bro
    @micheal2bro Рік тому

    Great vedio
    Thanks but could you tell me the difference between xlookup and vlookup

    • @KenjiExplains
      @KenjiExplains  Рік тому

      thanks! I have a video about that here: ua-cam.com/video/3MdPSHkyfdI/v-deo.html

  • @thobi6639
    @thobi6639 8 місяців тому

    thanks so much

  • @PhoebeHawthorne
    @PhoebeHawthorne Рік тому

    Thanks buddy

  • @Bastion0711
    @Bastion0711 10 місяців тому

    This is Art

  • @sixfingers66
    @sixfingers66 8 місяців тому

    it says my expenses and income are the same? fix for this?

  • @Mixolydian74
    @Mixolydian74 Рік тому

    What about rolling over into 2025 and we still want to input our income/expenses on the same tab?

    • @DarthAndylus
      @DarthAndylus Рік тому

      I am far from an Excel Wiz but you may be able to group all the 2024 tabs manually and then hide them all and make some changes to the dashboard to switch between years. I could be wrong or there could be an easier way lol

  • @JosephTensingh
    @JosephTensingh 2 місяці тому

    In this video, two corrections are needed:
    The SUMIFS function was used unnecessarily for summing the amount for income and expenses by category. Instead, the SUMIF function should be used.
    The formula used for calculating the percentage of the month is not accurate. It should be corrected to: =DAY(C4)/DAY(EOMONTH(C4,0)).

  • @judithbredy5985
    @judithbredy5985 6 місяців тому

    Love that dashboard but some formulas did not work

  • @deniseslp9
    @deniseslp9 8 місяців тому

    The =XLOOKUP(E5,Table1[Category],Table1[Income / Expense]) at minute 2:35 did not work for me

    • @samh5550
      @samh5550 6 місяців тому

      have you managed to find a solution? the same error and I really can't understand where the mistake is.
      I see the other videos and i see them write the same exact command, it work for them but not me!

    • @samh5550
      @samh5550 6 місяців тому

      Hey Mrs Vlasco ..
      after searching for little bit more, the only thing that the it could be reasonable for this error that is XLOOKUP function is not identified in our excel system. The think that give me the hint that in most videos I watched that once they write XLO .. the excel list will automatically identify that the user is trying to write XLOOKUP. In my case and yours we don't have that function unfortunately.
      Only solution worked for me that I tried LOOKUP function and it completely worked for me.
      Hope you find this useful.

  • @lynnd3775
    @lynnd3775 Рік тому

    where to download excel template

  • @musaveer2000
    @musaveer2000 6 місяців тому

    In my first month, I typed exact formula but I didn’t get month as january

  • @TimothyNarh
    @TimothyNarh 10 місяців тому

    Pls how can i download the template

  • @valdemararaujo5214
    @valdemararaujo5214 6 місяців тому

    This function does not work for me is it because I am using excel 2010 ? (=XLOOKUP(E5,Table2[Category],Table2[Income / Expense]) All i get is #NAME? any help please

  • @Grand_Edict
    @Grand_Edict Рік тому +1

    Banks need to introduce an API that would allow you to pull the entries from you account through a refresh table

    • @joukenienhuis6888
      @joukenienhuis6888 Рік тому

      For that there are professional software applications that can pull the data directly from the bank. I think because of the safety concerning privacy and security this possibility through an API will not be given away by the banks. You can however work with the data you downloaded from your bank. Make an automated import and conversion proces for your financial workbook

    • @Grand_Edict
      @Grand_Edict Рік тому

      @@joukenienhuis6888 I understand. It’s not a major inconvenience to export a new file every time you need a feed but a live link would work wonders
      I know that Xero and other accounting software allows you to do this if my memory serves me correctly
      Naturally, I’d think any user who requests their banking provider to provide said means is a sophisticated user and should have some awareness of security risks.
      And the biggest risk is having you transactions information stolen. Sloppy work has to have been done on the API for someone to potentially gain your login information, take your money etc

  • @manavpatel4112
    @manavpatel4112 11 місяців тому

    where to download the templet?

  • @meetjohndoe1078
    @meetjohndoe1078 Рік тому

    unable to open download in excel 2007?

  • @kagoemmie4661
    @kagoemmie4661 Місяць тому

    Tough for new comer...

  • @humkishan5690
    @humkishan5690 Рік тому

    Wow

  • @NicoleCarter3
    @NicoleCarter3 Рік тому +5

    How does this trading stuff work? I'm really interested but I just don't know how it go about it. I heard people really make it huge trading

    • @NicoleCarter3
      @NicoleCarter3 Рік тому

      Please how do I contact her?

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      @TESLA_MOTOR Рік тому

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    • @NicoleCarter3
      @NicoleCarter3 Рік тому

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      @LIFESTYLE-OFME Рік тому

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      @TevinC814 Рік тому +3

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  • @jamshedmaqsudov1279
    @jamshedmaqsudov1279 9 місяців тому +1

    HEY Kenji , Thanks for the video . Can you tell me please why my sumifs formula is returning to zero though I am doing everything accordingly ? @KwnjiExplains

    • @lizmcneill1641
      @lizmcneill1641 8 місяців тому

      Me too though it worked for certain months