the bofe blog

a twenty something IT professional with a few things to say

I’ll see your Personal Finance Spreadsheet and Raise you a Savings Account

Scott posted a personal finance spreadsheet.

Here’s the one I did for savings.

savings.xls – just edit the yellow highlighted values. [updated. thanks johnO]

Written by bofe

March 20, 2008 at 10:22

Posted in Personal

Tagged with , ,

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4 Responses

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  1. I think there are some glitches in this version. unless i am reading it wrong it had my year one monthly take home @ 9 dollars.

    JohnO

    March 20, 2008 at 11:19

  2. Fixed. Try downloading it again!

    bofe

    March 20, 2008 at 12:47

  3. Good stuff Andy, but you’re shorting yourself the interest earned on the accumulated interest earned throughout the year.

    http://en.wikipedia.org/wiki/Compound_interest
    Check out the compound interest section. It has a lovely formula that has consumed most of free time in the past week. Be well, man.

    KFad

    April 2, 2008 at 09:25

  4. I’m an idiot. You used APY – you’re good to go as usual. Please disregard my previous comment.

    KFad

    April 2, 2008 at 09:33


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