Why VLOOKUP breaks more often than people expect
VLOOKUP references a column by its position number within the lookup range, so inserting or deleting a column anywhere inside that range shifts every VLOOKUP formula's result without any error message -- the formula still runs, it just silently returns the wrong answer. This single behavior is the most common cause of "my VLOOKUP was working yesterday" problems, and is the main reason INDEX+MATCH is often recommended for larger, more actively edited spreadsheets.
Combining functions is where the real power shows up
These functions are rarely used in true isolation in practical work -- a COUNTIF nested inside an IF, or a SUMIF combined with a VLOOKUP result, is a common pattern once you are comfortable with each function individually. Learning each one's syntax is the first step; learning to combine two or three of them to answer a specific question is what actually saves time day to day.
Frequently Asked Questions
What is the difference between VLOOKUP and INDEX+MATCH in practice?
VLOOKUP is simpler to write and fine for small, stable spreadsheets, but INDEX+MATCH is generally more robust for larger or frequently edited files, since it does not break when columns are inserted and can search in either direction rather than only rightward from the lookup column.
Why does my formula show an error like #N/A or #VALUE?
#N/A usually means a lookup function could not find a matching value (often due to extra spaces, mismatched data types, or a genuine typo), while #VALUE typically means a formula is trying to do math on something that is not actually a number, such as text formatted to look like a number.