" A database is a table consisting of columns (fields) and rows (records) where each column contains a specific attribute and each row features a certain value for the corresponding attribute" (NTC). For a major purchase, it is vital to stay organized and efficient. A database lines up all of the desired categories on one column and matches their amount in another column on the same row. Databases can easily analyze and information when you enter functions. For example, in my database I wanted to find the social security amount, so I typed the function (B4+B5)*0.0765. B4 was income from one of my jobs and B5 was income from my other job and the rest is part of the formula. To be more specific, the database did all of the calculations for me, which saved me time and effort. Therefore, for a major purchase, databases keep the data organized and can clearly tell you (or the analyzer) what that purchase would do to the Total Balance and the budget expenses. The categories would include my income and my expenses and compare the 2. With a major purchase in that month's budget, the database is going to tell me how much more I'm going to have to work/ make in order to have pocket money and pay it off.
AuthorAllie Vela Archives
April 2016
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