Lets take a break from all the Excel trickery. Today I want to share a joyous news with you all.
Today I want to take you back in time, all the way to 1987. I want to share a story with you. So, sit back, sip some coffee and enjoy.
Year 1987 and aftermath
My dad is working as a sales manager back then. He is a quintessential salesman. Busy, flamboyant, confident, tall & fun. I remember him very vaguely now. But I remember having lots of good time at family dinners (we are a family of 5 – my younger brother, mom, dad, dad’s mom & myself). I remember riding his scooter on trips to my school, family clinic or just around the corner.
Then, as if someone shook us from a dream and took everything away, my dad suddenly passed away in the summer of that year. He had a fatal liver failure.
It was a big shock for all of us, especially my mom, who had been married to him for 7 years. My mother studied only up to Class 12. She did not have any job skills back then. On top, she is burdened with 2 little kids (my brother is 5 and I was 6 at that time). We did not have money, house or any other type of assets.
So we moved to my mother’s mother house. My grand parents were kind enough to support us in those dark years.
With in a few years we started getting regular pension, thanks to my dad’s life insurance. This gave a sense of financial security and freedom to us. But, we still felt one gnawing pain. We did not have a home to live.
Between 1990 and 2006, we stayed in 8 different houses. This constant shifting & lack of security bothered my brother and me very much.We decided that, we would get a house as soon as we can.
In fact, I even said to myself that I would not get married before owning a house.
Fast forward to 2000s
So I wanted to own a house, before building a family. But then, I met Jo, we dated for a few years, realized that we are perfect for each other. We could not imagine living without each other. So we got married in year 2007. There was still no house.
Meanwhile, housing prices kept on raising and made my dream almost impossible to achieve without a back breaking mortgage loan. So I kept saying myself, “let me work hard for a few years, save money and then, we will get a house.”
In year 2009, we became parents to a set of lovely, naughty and adorable twins. Nakshatra (girl) & Nishanth (boy) transformed our lives in ways we could not imagine. While the joys of parenting are overwhelming, I was worried all the time about the house. “What if something bad happens and we end up without a home.”
Still we kept saving and living frugally.
Enter 2011 – In search of a house
Since we are against loans (see note 1), we waited until we have enough funds to purchase the house we want. Finally, by March 2011, we reached that stage. So we started looking for a suitable house.
We went to property fairs, told everyone in our immediate social circles, approached agents, pored thru classifieds and online ads. Very soon, we are very tired and felt hopeless.
Good houses almost always have exorbitant prices
Bad or poor houses are over priced too.
We almost gave up and decided to live in a rented house for few more years. But then, a neighbor told us about a house that is up for sale, in the locality where we live. I went and checked it out on the same day. I liked it. It seemed like a house we could call home.
Few days later, we visited the house again. This time with Jo & kids. We liked the space and calm neighborhood. We discussed with a few relatives & friends and made an offer to the owners. After some negotiations, we purchased the house on 26th July, this year.
Then we started renovating the house. It took 2 and half months to get everything done. We have remodeled the kitchen, done wood-work (cupboards), changed flooring, added a car park, store room, upgraded some of the electrical & plumbing fixtures.
Finally, we moved in to the house last Saturday (15th October) and loving it ever since.
Details & Photos of our home
- Total land area: 350 Sq. Yards (292 sq. mts)
- House carpet area: 1000 Sft (92 sq. mts)
- Rooms: 2 bedrooms, living, kitchen, storage, 2 bath & toilets
- Purchase price: ~ $100k
- Location: Vizag
These photos were taken on October 3rd, when we had the traditional Gruha Pravesham (it is like house warming celebration). So you so almost no furniture. The photo of my office room is taken today (October 20th).
Our Living Room
This is our Kitchen
My Office Room (doubles up as guest bedroom too)
Our Living room from Kitchen
Entering our House (Gruha Pravesham) with a Ribbon Cut
Jo and I in our Kitchen
For more pics, checkout New Home Set on my Flickr page.
Thank you & Thanks to Excel
As we live, breathe, enjoy and sleep in this home, I could not thank enough for your support in making this happen. I am so glad you identify with the mission of Chandoo.org and spread a good word about it. I am so humbled that you support us by joining our training programs, purchasing our e-books & products. I am so thankful to you for spending time with us everyday, learning & sharing new things.
Thank you.
I am also thankful to MS Excel, the powerful, awesome tool that transformed my life. It gave me the courage to quit a comfortable job and embark on an exciting journey of running a small business. Thank you so much Microsoft & Excel for being awesome.
One last thing
There is a reason why I am writing this today instead of last Saturday, when we moved in to the new home. Today (Oct 20) is also my birthday. As I celebrate my 29th birthday, I feel immensely grateful, content and happy for the journey so far. The fact that I can share my life, knowledge and mistakes with you all makes me very lucky. I hope the coming years are just as wonderful for you and me.
PS: because of the house renovation work during last 8 weeks, I could not reply to as many emails as I want to. So if you are one of those who mailed me and never heard back, please resend and I will get back to you at the earliest.
More Personal Stories
If you would like to learn more about the personal side of Chandoo.org, have a read thru these,
- Story of Chandoo.org Start-up
- Thank you Excel, We have a car
- How Excel Transformed my life (story of 1 year of running Chandoo.org)
- Christmas & New Year Wishes – 2011
- Meet Nakshatra & Nishanth – our kids
- I am Dad!!!
Added later:
Note 1: As some of you pointed, I did have a mortgage loan (which has 2 more months on it). I borrowed this year 2007 for an apartment (condo) I purchased for my brother. Even though that house is not for me, I still pay the loan as I love my brother and want to support him.
Note2: Our new home is in Vizag, the same place where we have been living for last 2 years.
12 Responses to “29 Excel Formula Tips for all Occasions [and proof that PHD readers truly rock]”
Some great contributions here.
Gotta love the Friday 13th formula 😀
Great tips from you all! Thanks a lot for sharing! bsamson, particularly you helped me on a terribly annoying task. 🙂
(BTW, Chandoo, it's not exactly "Find if a range is normally distributed" what my suggestion does. It checks if two proportions are statistically different. I probably gave you a bad explanation on twitter, but it'd be probably better if you fix it here... 🙂 )
Great compilation Chandoo
For the "Clean your text before you lookup"
=VLOOKUP(CLEAN(TRIM(E20)),F5:G18,2,0)
I would like to share a method to convert a number-stored-as-text before you lookup:
=VLOOKUP(E20+0,F5:G18,2,0)
@Peder, yeah, I loved that formula
@Aires: Sorry, I misunderstood your formula. Corrected the heading now.
@John.. that is a cool tip.
Hey Chandoo,
That p-value formula is really great for a statistics person like me.
What a p-value essentially is, is the probability that the results obtained from a statistical test aren't valid. So for example, if my p value is .05, there's a 5% probability that my results are wrong.
You can play with this if you install the Data Analysis Toolpak (which will perform some statistical tests for you AND provide the P Value.)
Let's say for example I've got two weeks of data (separated into columns) with the number of hours worked per day. I want to find out if the total number of hours I worked in week two were really all the different than week one.
Week1 Week2
10 11
12 9
9 10
7 8
5 8
Go to Data > Data Analysis > T-Test Assuming Unequal Variances > OK
In the Variable 1 Box, select the range of data for week 1.
In the Variable 2 Box, select the range of data for week 2.
Check "Labels"
In the Alpha box, select a value (in percentage terms) for how tolerant you are of error.
.05 is the general standard; that is to say I am willing to accept a 95% level of confidence that my result is accuarate.
Select a range output.
Excel calculates a number of results: Average (mean) for each week's data, etc.
You'll notice however that there are two P Values; one-tail and two-tail. (one tail tests are for > or .05), the number of hours I worked in week two is statistically equivalent to the number of hours I worked in week one.
So here’s a way you might want to use this. You put up a new entry on your blog. You think it’s the best entry ever! So you pull your webstats for this week and compare it to last week. You gather data for each week on the length of time a visitor spends on your website. The question you’re trying to prove statistically is whether there’s an average increase in the amount of time spent on your website this week as compared to last week (as a result of your fancy new blog post). You can run the same statistical test I illustrated above to find out. Incidentally, it matters very little to the stat test whether the quantity of visitors differs or not.
Anyhow, the Data Analysis toolpack doesn't perform a lot of stat tests that folks like me would like to have access to. In those cases I have to either use different software, or write some very complicated mathematical formulas. Having this p-value formula makes my life a LOT easier!
Thanks!
Eric~
Fantastic stuf..One line explanation is cool.
Thanks to all the contributors
OS
Take FirstName, MI, LastName in access (you can fix it to work in excel) capitalize first letter of each and lowercase the rest and add ". " if MI exists then same for last name:
Full Name: Format(Left([FirstName],1),">") & Format(Right([FirstName]),Len([FirstName])-1),"") & ". ","") & Format(Left([LastName],1),">") & Format(Right([LastName],Len([LastName])-1),"<")
I teach excel, access, etc etc for a living and i have my access students build this formula one step at a time from the inside out to show how formulas can be made even if it looks complicated. Yes I know I could just do IsNull([MI]) and reverse the order in the Iif() function but the point here is to nest as many functions as possible one by one (also I illustrate how it will fail without the Not() as it is)
Extract the month from a date
The easiest formula for this is =MONTH(a1)
It will return a 1 for January, 2 for February etc.
if in a column we write the value of total person for eg. 10 if we spent 1.33 paise each person then how we get total amount in next column and the result will in round form plzzzzz solve my problem sir................... thank u
@Anjali
If the value 10 is in B2 and 1.33 paise is in C2 the formula in D2 could be =B2*C2
If the values are a column of values you can copy the formula down by copy/paste or drag the small black handle at the bottom right corner of cell D2
kindly share with me new forumulas.
How to convert a figure like 870.70 into 870 but 871.70 into 880 using excel formula ? Please help.