As of 2015, instructions on creating an Excel budget worksheet are available on Wiki How and Digital Unite. Both sites contain step-by-step instructions on setting up the budget and screen images that correspond to each step. In addition, Digital Unite offers a screen-cast video of the process.
Excel spreadsheets are useful in setting up budgets because they do difficult calculations automatically and allow one to see the money coming in and going out quickly. Also, if any data needs to be updated, Excel does the work to calculate the new figures. Excel spreadsheets are also customizable and adaptable for a variety of situations.