Sam Bankman-Fried, the CEO of Alameda Research and FTX exchange, is an advocate for using Excel spreadsheets to manage finances. He believes that with a little work and some basic understanding of how to use these tools, anyone can create financial documents. This way they can easily keep track of their income and expenses.
By creating simple formulas in Excel documents, it’s possible to generate powerful charts that illustrate where your money is going each month or year. Additionally, you can set up alerts so you know when certain thresholds have been met or exceeded. With this information at hand, it’s easier than ever before for people who are not familiar with finance management software or complicated accounting systems to get control over their finances without having any prior experience in the field whatsoever!
Read more at futurism.com
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