ECONOMICS (CBSE/UGC NET)

ECONOMICS

BUDGETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The computer software that can most effectively help us plan our income and spending is [Think of the assignment in which YOU created a budget]:
A
PowerPoint
B
Google Sheets
C
Acrobat
D
Word
Explanation: 

Detailed explanation-1: -We chose You Need a Budget (YNAB) as the best overall option because it offers the best combination of flexibility and features, making it more than worth its monthly price. It guides you through making an intentional, forward-thinking plan for your spending.

Detailed explanation-2: -Google Sheets is an online spreadsheet app that lets you create and format spreadsheets and work with other people. DOWNLOAD CHEAT SHEET.

Detailed explanation-3: -Your budgeting spreadsheet should include categories for each of your income sources, along with categories for each type of expense you need to track. Add up your income and expenses separately, and then subtract expenses from income to get the difference. You’ll also want to create a category for savings.

Detailed explanation-4: -Step 1: Open a Google Sheet. Go to your Google Drive account. Step 2: Create Income and Expense Categories. Step 3: Decide What Budget Period to Use. Step 4: Use simple formulas to minimize your time commitment. Step 5: Input your budget numbers. Step 6: Update your budget. 19-Dec-2022

There is 1 question to complete.