Know my savings every month of the year

The table presents a monthly financial analysis for an individual or entity, covering the period from January to December. It includes key data such as:

Fixed monthly income: $2100

Monthly consumption: Varies by month

Savings: Calculated as the difference between income and consumption

Saving goal: A fixed amount of $700 per month

Goal achievement: Indicates whether the monthly saving goal was met

Saving rate: Calculated as a percentage of income

Saving Rate=) saving/income)*100

Purpose of the table:

To track whether the saving goal was achieved and analyze financial performance in terms of consumption and savings.

Observations:

The saving goal was achieved in only 5 out of 12 months.

The best saving performance was in June with a saving rate of 47.6%.

The lowest saving performance was in August with a saving rate of 9.5%.

The variation in saving rate highlights inconsistent financial behavior across the year.

Skills Demonstrated:

Financial data analysis

Use of spreadsheets to track performance metrics

Ability to interpret data and draw conclusions