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There is a shortcut for placing absolute cell references in your formulas! When you are typing your formula, after you type a cell reference - press the F4 key. Excel automatically makes the cell reference absolute! By continuing to press F4, Excel will cycle through all of the absolute reference possibilities.
How to Make a Cell Reference Absolute in Excel. Using relative references can cause incorrect equations when copying a cell. Excel's default formula notation uses relative cell references. Relative references automatically change when you copy cells with the clipboard or fill handle, making it easier to reuse formulas. In cases where you need Excel to keep the exact cell referenced in a formula, switch the formula to use absolute references by pressing F4 to add a dollar sign to the equation.