The absolute Excel formula is a powerful tool that allows you to lock a specific cell reference in your calculations, so it doesn’t change when you copy or drag the formula across other cells. By using the $ symbol (e.g., $A$1), you can fix the row, column, or both, ensuring consistent references throughout your spreadsheet. This is especially useful in financial models, budgeting, and any scenario where fixed values, rates, or constants need to be applied across multiple calculations without error. Mastering absolute references helps prevent mistakes and makes your formulas more reliable and professional.
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