Hi. So in this lesson, we're going to be talking about the instructions tab. Now I know most of us or should I say some of us like to ignore instructions and just jump right into the meat of the matter. But it's important that you, you actually take take the time to read the instructions. So before you actually start building your budget, you want to start reading, you want to read the instructions. And the reason why you want to read the instructions is because it explains every single tab.

So we have a total of including instructions, a total of six tabs. So we have the Network tab, the input data tab, the Summary tab, the Dashboard tab and what the advantages of the Dashboard tab is, or rather, what the information that the dashboard provides you it lets you know how you can use that information to benefit yourself and whatever it is that you're trying to do. And then we have the final tab which is the crush your debt tab. In that tab, if you are trying to pay off debt, you would definitely need to pay close attention to this particular time. So make sure that you read the instructions before you commence. So just to briefly explain to you what each tab is about, let's start with a net worth tab.

The network's tab is pretty much lets you know how much you are worth. So basically, what this tab is telling you is that if you are ever sued by anyone, what they want to know is what is your net worth. So this is the amount that a person who is suing you can sue you for and more than likely get if you are if you are fine, found liable. Now this is not legal advice. I'm just trying to give you an example of how you would utilize your net worth he wants to know how much am I worth if somebody was coming off to me in a lawsuit. Okay.

Then we have the input data tab. This is where you create your estimated budgets and you Estimated expenses. And you will then compare that information to what you actually made or what you actually spent in that month. So on this tab, you will input all of your information. So you include your estimated budget, and your actual income and your actual expenses. Then we have a summary tab.

The Summary tab is pretty much a summary of the input tab. So whether input tab, let me show it to you where the input tab has a list of all of your possible income, expenses, of course, your income, and all of your possible expenses. The Summary tab summarizes all of that. So for example, you're looking at, let's say housing. So looking at housing, you have all of these different expenses, okay, you have your mortgage, your phone, your electricity, and so on and so forth. Well, the Summary tab summarizes all of that.

So it gives you a total figure of what your housing cost is. So It's just a summary of everything that you find in your input tab. And then we have the dashboards tab. The Dashboard tab is a picture snapshots of your income and your expenses for a particular month. So let's look at that. This is the Dashboard tab, it tells you basically whether or not you went over your budget, or whether or not you were you or rather, whether you exceeded your budget or whether or not you spent less than your budgeted what you budgeted.

And then with this information, you can actually take these numbers and make very, very intelligent decisions about your spending habits. And also if you're trying to pay off debt, you can use this information to help you with that, and we'll talk about that when we actually get to the dashboard. And then finally, an instructions tab we have the crush your debt tab. The crusher debt tab is a worksheet that you would use if you are trying to pay off debt. So if your whole goal is to pay off debt and become debt free, this is the tab that you would use to do that. And when we get to this section, I will explain to you exactly how you can do that using the crush your debt tab.

So please, please please do not forget to read the instructions before you actually start to work on the different tabs and in addition to reading the instructions, if you also need to go back to watch the video, that's that's specific to a particular tab. Please feel free to do so. Okay, thanks.