Excel is an incredibly powerful tool, but getting started with it can be a bit daunting. In this guide, M.L. Humphrey will walk you through how to use Excel to calculate what your earn, spend, own, and owe, the four key elements you need to know to manage your money.

The focus of this guide is on how to use addition, subtraction, multiplication, and division to calculate these values. The guide is written as a companion to Budgeting for Beginners for those who don't yet know Excel.

If you're already familiar with Excel then check out Excel for Budgeting instead, which walks you through how to build a budgeting worksheet to track your payables, receivables, next three months of income, assets, liabilities, and net worth.