how to count my paydays before the due-date of a bill?

I'm trying to make up a budget for my family. I'd like to be able to
enter in the amount of an upcoming bill (a1), the due-date of an
upcoming bill (b1), then somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will use a formula =a1/c1
to tell me how much money I need to put aside from each of my upcoming
paydays.

Is this possible, to get such a formula for cell c1? I get paid on
Friday morning every second week (eg. next one is Friday the 12th).

thanks very much!

Try this for c1:
=ROUNDDOWN((B1-TODAY())/14,0)

Regards,
Fred

"Judoman" wrote in message
...
I'm trying to make up a budget for my family. I'd like to be able to
enter in the amount of an upcoming bill (a1), the due-date of an
upcoming bill (b1), then somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will use a formula =a1/c1
to tell me how much money I need to put aside from each of my upcoming
paydays.

Is this possible, to get such a formula for cell c1? I get paid on
Friday morning every second week (eg. next one is Friday the 12th).

thanks very much!

"Judoman" wrote:
somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will
use a formula =a1/c1 to tell me how much money I
need to put aside from each of my upcoming paydays.

Take a look at the NETWORKDAYS function to see if that does what you want.
It does presume that you work Monday through Friday. Your formula in C1
might be:

=NETWORKDAYS(B1,TODAY())

You might want to add or subtract 1 depending on whether or not you want to
include pay received on the due date and "today".

However, this is called living hand-to-mouth. It is not a good way to
budget. At a minimum, you should try to budget with a two-month window, so
that your disposable cash at the beginning of the month is enough to cover
the current and next months' expected expenses. That will give you a
cushion in case actual expenses for the current month.

That approach also means that you do not need to be so precise in
determining the number of paydays between due dates. You can determine the
average paydays per month or the exact expected paydays for each month.


----- original message -----

"Judoman" wrote in message
...
I'm trying to make up a budget for my family. I'd like to be able to
enter in the amount of an upcoming bill (a1), the due-date of an
upcoming bill (b1), then somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will use a formula =a1/c1
to tell me how much money I need to put aside from each of my upcoming
paydays.

Is this possible, to get such a formula for cell c1? I get paid on
Friday morning every second week (eg. next one is Friday the 12th).

thanks very much!

Those 2 solutions didn't work! i get error messages and/or nonsense
results

:-(

but, thanks anyway for trying, Joe User & Fred Smith

-judoman



On Mar 7, 4:22*am, "Joe User" joeu2004 wrote:
"Judoman" wrote:
somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will
use a formula =a1/c1 to tell me how much money I
need to put aside from each of my upcoming paydays.

Take a look at the NETWORKDAYS function to see if that does what you want..
It does presume that you work Monday through Friday. *Your formula in C1
might be:

=NETWORKDAYS(B1,TODAY())

You might want to add or subtract 1 depending on whether or not you want to
include pay received on the due date and "today".

However, this is called living hand-to-mouth. *It is not a good way to
budget. *At a minimum, you should try to budget with a two-month window, so
that your disposable cash at the beginning of the month is enough to cover
the current and next months' expected expenses. *That will give you a
cushion in case actual expenses for the current month.

That approach also means that you do not need to be so precise in
determining the number of paydays between due dates. *You can determine the
average paydays per month or the exact expected paydays for each month.

----- original message -----

"Judoman" wrote in message

...





I'm trying to make up a budget for my family. *I'd like to be able to
enter in the amount of an upcoming bill (a1), the due-date of an
upcoming bill (b1), then somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will use a formula =a1/c1
to tell me how much money I need to put aside from each of my upcoming
paydays.

Is this possible, to get such a formula for cell c1? *I get paid on
Friday morning every second week (eg. *next one is Friday the 12th).

thanks very much!- Hide quoted text -

- Show quoted text -

"Judoman" wrote:
Those 2 solutions didn't work! i get error messages

Lemme guess (because you neglect to say): a #NAME error when you use
NETWORKDAYS.

RTFM for the NETWORKDAYS help page. It explains how to remedy the #NAME
error.


----- original message -----

"Judoman" wrote in message
...
Those 2 solutions didn't work! i get error messages and/or nonsense
results

:-(

but, thanks anyway for trying, Joe User & Fred Smith

-judoman



On Mar 7, 4:22 am, "Joe User" joeu2004 wrote:
"Judoman" wrote:
somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will
use a formula =a1/c1 to tell me how much money I
need to put aside from each of my upcoming paydays.

Take a look at the NETWORKDAYS function to see if that does what you want.
It does presume that you work Monday through Friday. Your formula in C1
might be:

=NETWORKDAYS(B1,TODAY())

You might want to add or subtract 1 depending on whether or not you want
to
include pay received on the due date and "today".

However, this is called living hand-to-mouth. It is not a good way to
budget. At a minimum, you should try to budget with a two-month window, so
that your disposable cash at the beginning of the month is enough to cover
the current and next months' expected expenses. That will give you a
cushion in case actual expenses for the current month.

That approach also means that you do not need to be so precise in
determining the number of paydays between due dates. You can determine the
average paydays per month or the exact expected paydays for each month.

----- original message -----

"Judoman" wrote in message

...





I'm trying to make up a budget for my family. I'd like to be able to
enter in the amount of an upcoming bill (a1), the due-date of an
upcoming bill (b1), then somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will use a formula =a1/c1
to tell me how much money I need to put aside from each of my upcoming
paydays.

Is this possible, to get such a formula for cell c1? I get paid on
Friday morning every second week (eg. next one is Friday the 12th).

thanks very much!- Hide quoted text -

- Show quoted text -

What does "didn't work" mean? What results did you get when you entered my
formula in C1?

Regards,
Fred

"Judoman" wrote in message
...
Those 2 solutions didn't work! i get error messages and/or nonsense
results

:-(

but, thanks anyway for trying, Joe User & Fred Smith

-judoman



On Mar 7, 4:22 am, "Joe User" joeu2004 wrote:
"Judoman" wrote:
somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will
use a formula =a1/c1 to tell me how much money I
need to put aside from each of my upcoming paydays.

Take a look at the NETWORKDAYS function to see if that does what you want.
It does presume that you work Monday through Friday. Your formula in C1
might be:

=NETWORKDAYS(B1,TODAY())

You might want to add or subtract 1 depending on whether or not you want
to
include pay received on the due date and "today".

However, this is called living hand-to-mouth. It is not a good way to
budget. At a minimum, you should try to budget with a two-month window, so
that your disposable cash at the beginning of the month is enough to cover
the current and next months' expected expenses. That will give you a
cushion in case actual expenses for the current month.

That approach also means that you do not need to be so precise in
determining the number of paydays between due dates. You can determine the
average paydays per month or the exact expected paydays for each month.

----- original message -----

"Judoman" wrote in message

...





I'm trying to make up a budget for my family. I'd like to be able to
enter in the amount of an upcoming bill (a1), the due-date of an
upcoming bill (b1), then somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will use a formula =a1/c1
to tell me how much money I need to put aside from each of my upcoming
paydays.

Is this possible, to get such a formula for cell c1? I get paid on
Friday morning every second week (eg. next one is Friday the 12th).

thanks very much!- Hide quoted text -

- Show quoted text -

"Fred Smith" wrote:
What does "didn't work" mean? What results did
you get when you entered my formula in C1?

You wrote previous:
Try this for c1:
=ROUNDDOWN((B1-TODAY())/14,0)

where B1 is due date. That formula seems to compute a fraction of a
fortnight (14 day), not a number of days (ideally paydays). Using the OP's
example, if B1 is 12 March 2009 and today is 7 March 2009, your formula
results in 0.

Assuming paydays are all weekdays, clearly the right answer is 4 or 5,
depending on whether or not to count the payday on the due date.

In contrast, NETWORKDAYS(TODAY(),B1) yields 4.

Note: I had written NETWORKDAYS(B1,TODAY()), which results in -4. Clearly
that was a mistake, but one that I think the OP could have recognized if he
had RTFM.


----- original message -----

"Fred Smith" wrote in message
...
What does "didn't work" mean? What results did you get when you entered my
formula in C1?

Regards,
Fred

"Judoman" wrote in message
...
Those 2 solutions didn't work! i get error messages and/or nonsense
results

:-(

but, thanks anyway for trying, Joe User & Fred Smith

-judoman



On Mar 7, 4:22 am, "Joe User" joeu2004 wrote:
"Judoman" wrote:
somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will
use a formula =a1/c1 to tell me how much money I
need to put aside from each of my upcoming paydays.

Take a look at the NETWORKDAYS function to see if that does what you
want.
It does presume that you work Monday through Friday. Your formula in C1
might be:

=NETWORKDAYS(B1,TODAY())

You might want to add or subtract 1 depending on whether or not you want
to
include pay received on the due date and "today".

However, this is called living hand-to-mouth. It is not a good way to
budget. At a minimum, you should try to budget with a two-month window,
so
that your disposable cash at the beginning of the month is enough to
cover
the current and next months' expected expenses. That will give you a
cushion in case actual expenses for the current month.

That approach also means that you do not need to be so precise in
determining the number of paydays between due dates. You can determine
the
average paydays per month or the exact expected paydays for each month.

----- original message -----

"Judoman" wrote in message

...





I'm trying to make up a budget for my family. I'd like to be able to
enter in the amount of an upcoming bill (a1), the due-date of an
upcoming bill (b1), then somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will use a formula =a1/c1
to tell me how much money I need to put aside from each of my upcoming
paydays.

Is this possible, to get such a formula for cell c1? I get paid on
Friday morning every second week (eg. next one is Friday the 12th).

thanks very much!- Hide quoted text -

- Show quoted text -

Errata....

I wrote:
=NETWORKDAYS(B1,TODAY())

That should be NETWORKDAYS(TODAY(),B1).


----- original message -----

"Joe User" joeu2004 wrote in message
...
"Judoman" wrote:
somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will
use a formula =a1/c1 to tell me how much money I
need to put aside from each of my upcoming paydays.

Take a look at the NETWORKDAYS function to see if that does what you want.
It does presume that you work Monday through Friday. Your formula in C1
might be:

=NETWORKDAYS(B1,TODAY())

You might want to add or subtract 1 depending on whether or not you want
to include pay received on the due date and "today".

However, this is called living hand-to-mouth. It is not a good way to
budget. At a minimum, you should try to budget with a two-month window,
so that your disposable cash at the beginning of the month is enough to
cover the current and next months' expected expenses. That will give you
a cushion in case actual expenses for the current month.

That approach also means that you do not need to be so precise in
determining the number of paydays between due dates. You can determine
the average paydays per month or the exact expected paydays for each
month.


----- original message -----

"Judoman" wrote in message
...
I'm trying to make up a budget for my family. I'd like to be able to
enter in the amount of an upcoming bill (a1), the due-date of an
upcoming bill (b1), then somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will use a formula =a1/c1
to tell me how much money I need to put aside from each of my upcoming
paydays.

Is this possible, to get such a formula for cell c1? I get paid on
Friday morning every second week (eg. next one is Friday the 12th).

thanks very much!

I used 14 because he gets paid every two weeks. He wants to put away money
every payday, not every day.

I stand by my recommended solution.

Regards,
Fred

"Joe User" joeu2004 wrote in message
...
"Fred Smith" wrote:
What does "didn't work" mean? What results did
you get when you entered my formula in C1?

You wrote previous:
Try this for c1:
=ROUNDDOWN((B1-TODAY())/14,0)

where B1 is due date. That formula seems to compute a fraction of a
fortnight (14 day), not a number of days (ideally paydays). Using the
OP's example, if B1 is 12 March 2009 and today is 7 March 2009, your
formula results in 0.

Assuming paydays are all weekdays, clearly the right answer is 4 or 5,
depending on whether or not to count the payday on the due date.

In contrast, NETWORKDAYS(TODAY(),B1) yields 4.

Note: I had written NETWORKDAYS(B1,TODAY()), which results in -4.
Clearly that was a mistake, but one that I think the OP could have
recognized if he had RTFM.


----- original message -----

"Fred Smith" wrote in message
...
What does "didn't work" mean? What results did you get when you entered
my formula in C1?

Regards,
Fred

"Judoman" wrote in message
...
Those 2 solutions didn't work! i get error messages and/or nonsense
results

:-(

but, thanks anyway for trying, Joe User & Fred Smith

-judoman



On Mar 7, 4:22 am, "Joe User" joeu2004 wrote:
"Judoman" wrote:
somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will
use a formula =a1/c1 to tell me how much money I
need to put aside from each of my upcoming paydays.

Take a look at the NETWORKDAYS function to see if that does what you
want.
It does presume that you work Monday through Friday. Your formula in C1
might be:

=NETWORKDAYS(B1,TODAY())

You might want to add or subtract 1 depending on whether or not you want
to
include pay received on the due date and "today".

However, this is called living hand-to-mouth. It is not a good way to
budget. At a minimum, you should try to budget with a two-month window,
so
that your disposable cash at the beginning of the month is enough to
cover
the current and next months' expected expenses. That will give you a
cushion in case actual expenses for the current month.

That approach also means that you do not need to be so precise in
determining the number of paydays between due dates. You can determine
the
average paydays per month or the exact expected paydays for each month.

----- original message -----

"Judoman" wrote in message

...





I'm trying to make up a budget for my family. I'd like to be able to
enter in the amount of an upcoming bill (a1), the due-date of an
upcoming bill (b1), then somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will use a formula =a1/c1
to tell me how much money I need to put aside from each of my upcoming
paydays.

Is this possible, to get such a formula for cell c1? I get paid on
Friday morning every second week (eg. next one is Friday the 12th).

thanks very much!- Hide quoted text -

- Show quoted text -

"Fred Smith" wrote:
I used 14 because he gets paid every two weeks.
He wants to put away money every payday, not every day.

Right. I missed that "little" detail. I was thinking he was paid daily.
My bad!


----- original message -----

"Fred Smith" wrote in message
...
I used 14 because he gets paid every two weeks. He wants to put away money
every payday, not every day.

I stand by my recommended solution.

Regards,
Fred

"Joe User" joeu2004 wrote in message
...
"Fred Smith" wrote:
What does "didn't work" mean? What results did
you get when you entered my formula in C1?

You wrote previous:
Try this for c1:
=ROUNDDOWN((B1-TODAY())/14,0)

where B1 is due date. That formula seems to compute a fraction of a
fortnight (14 day), not a number of days (ideally paydays). Using the
OP's example, if B1 is 12 March 2009 and today is 7 March 2009, your
formula results in 0.

Assuming paydays are all weekdays, clearly the right answer is 4 or 5,
depending on whether or not to count the payday on the due date.

In contrast, NETWORKDAYS(TODAY(),B1) yields 4.

Note: I had written NETWORKDAYS(B1,TODAY()), which results in -4.
Clearly that was a mistake, but one that I think the OP could have
recognized if he had RTFM.


----- original message -----

"Fred Smith" wrote in message
...
What does "didn't work" mean? What results did you get when you entered
my formula in C1?

Regards,
Fred

"Judoman" wrote in message
...
Those 2 solutions didn't work! i get error messages and/or nonsense
results

:-(

but, thanks anyway for trying, Joe User & Fred Smith

-judoman



On Mar 7, 4:22 am, "Joe User" joeu2004 wrote:
"Judoman" wrote:
somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will
use a formula =a1/c1 to tell me how much money I
need to put aside from each of my upcoming paydays.

Take a look at the NETWORKDAYS function to see if that does what you
want.
It does presume that you work Monday through Friday. Your formula in C1
might be:

=NETWORKDAYS(B1,TODAY())

You might want to add or subtract 1 depending on whether or not you
want to
include pay received on the due date and "today".

However, this is called living hand-to-mouth. It is not a good way to
budget. At a minimum, you should try to budget with a two-month window,
so
that your disposable cash at the beginning of the month is enough to
cover
the current and next months' expected expenses. That will give you a
cushion in case actual expenses for the current month.

That approach also means that you do not need to be so precise in
determining the number of paydays between due dates. You can determine
the
average paydays per month or the exact expected paydays for each month.

----- original message -----

"Judoman" wrote in message

...





I'm trying to make up a budget for my family. I'd like to be able to
enter in the amount of an upcoming bill (a1), the due-date of an
upcoming bill (b1), then somehow have Excel calculate how many pay-
days I will get before that date (c1) then I will use a formula
=a1/c1
to tell me how much money I need to put aside from each of my
upcoming
paydays.

Is this possible, to get such a formula for cell c1? I get paid on
Friday morning every second week (eg. next one is Friday the 12th).

thanks very much!- Hide quoted text -

- Show quoted text -