In the quick & progressing lifestyle of people, there is utmost demand for shortcuts & advanced methods to understand and resolve the daily problems.
Moreover, there are multiple tasks use of Excel that we do in our daily lives such as calculating monthly expenses, budgeting & goal setting, students tacking their syllabus and various other things that most people do in casual ways rather than following simple tools that provide concrete shapes.
Here are the Best 10 uses of MS Excel in our daily lives
Use of Excel for Students & Teachers:
Teachers can make the best use of table styles, charts, shapes, data tools, and various formulas to educate students in the classrooms. Whereas students can enhance their learning skills to solve basic and logical statistical & mathematical problems in excel.
Use of Excel for Goal Setting & Planning:
Goal setting & planning are the kinds of repeated tasks carried on each day. From business owners to students to housekeepers each individual is involved with the process of goal setting and planning. The goal-setting and planning process involves white paper, time, and the immense pressure of calculations, but with the use of MS Excel, this process has become efficient, quick, easy, and environmentally friendly.
Use of excel for Entrepreneurs & Business Owners:
A large chunk of the millennial population across the world is aspiring to become an entrepreneur which requires not only efficient planning but also analysis of team performance, work progress, business progress & payout detail. Whether a new business or an established business, each can derive benefits from using excel. The data can be stored, analyzed and sophisticated presented on excel sheets using multiple tables, pivot tables, data highlighters, sorters, sheet and cells organizers among others.
Use of Excel for Housewives:
Housewives are known to be the best keepers of monthly expenses & saving money. And thus excel can assist housewives to manage their daily house expenses which can track down the spending habits of each member of the house. Furthermore, housewives using Excel can be beneficial for them to make their kids learn basic excel skills.
Use of Excel for Career Development:
Career Development revolves around career management. The tasks such as learning management, time management, work, and life management and goal-focused habits are important which can be effectively practiced on MS excel.
Use of excel for Monthly Expenses Report:
Based on monthly expense data entered in the excel sheet, the user can create a comprehensive monthly expenses report which can highlight the top expenditure segments and study the pattern of expenditure & required savings pattern to be followed to reach the desired goal.
Use of excel for Online Access:
Another important use of MS Excel is that the files can be accessed online from any part of the world anytime and anywhere. It provides the convenience of accessing the excel files over mobile phones even if there is the unavailability of laptops & lets you exercise the work easily without any problem.
Use of excel for Developing Future Strategies:
The data relating to future strategies such as investments and major expenses anticipated at future date can be entered in the form of charts and graphs so it can lead to identify the trends and compare each possibility. Using MS Excel, the trend lines can be expressed through graphs and charts to forecast the future value of money invested.
Use of Excel for Create a Calendar or Schedule:
Whether it is family-based planning for a weekly, monthly or yearly calendar or a personal appointment daily planner or a schedule for managing bill payments, homework, favorite sports team’s games, and many more, excel can make it easy to compile, filter, search, organize and simplify large amounts of data.
Use of Excel for Event & Project Planning:
MS Excel is being widely used in the planning of a large work project or holiday or wedding party, where it can keep track of different tasks, efforts, and deadlines, and to analyze the schedules of collaborators in the planning of the event with other participants and make use of excel sheet as a central database of all relevant information required by all members to execute the project or event.
The more a person gets deeper in learning the wide benefits of excel, the more they tend to develop smarter ways to apply MS excel in daily life.
It is better to provide some time on learning & getting hands-on excel rather than doing things in unnecessary and less productive ways.
Other than the above-mentioned benefits, various other uses of excel can be developed as per the individual requirements.