My son asked what my favourite formula is

All I could think about what the financial formulas in our Excel Courses!

He is learning about Pythagorean theory and all I could think about is how to reduce my mortgage!

I’ve spoke to hundreds of people about real estate, land and building new homes in the last few months and the cost of living is such a major issue in most of our lives.

My son was trying to figure out which formula or calculation has the most practical use in real life and I started to think about discounted cashflow and the time value of money! – NERD ALERT!

Budgets and the Cost of Living

There are so many families where both mum and dad are working to cover the costs of having children as well as having a roof over their head. There is good news if you are a property owner but not so good if you don’t own an appreciating asset and need to rent.

If you need to get a handle on your cost of living and understand where your money is going read this short article.

If you need to upskill in Microsoft Excel so you can get a better idea of your financial situation the Microsoft Excel Course (Complete) is the best value for money.

Understanding Financial Formulas

Learning about the financial formulas in our Advanced Excel course gives you a great insight into financial calculations. When you understand these formulas and start using them in spreadsheets like Microsoft Excel you can start changing the input figures to see different outcomes.

You can see the massive saving in interest payments if you increase your repayments even slightly.

These financial formulas give you the tools to better understand your current situation and understand that there is a way out. Sometimes that way out is to sell an asset that you don’t need or reduce some expenses.

It’s hard to have these conversations with your partner when you are just shooting from the hip but with all your personal finances in a spreadsheet you can go through each cost and expense line by line.

Short Courses in Microsoft Excel

If you only want to learn specific skills in Microsoft Excel you can enrol into our short courses separately here.

Steve Slisar

Steve Slisar has been training people how to use computers since 1994, opened a training centre in 1999 in Dee Why and by 2005 had 3 training centres and created over 35 individual courses that include Screen videos with audio commentary, training workbooks for those who prefer to read to learn, and exercise files that are used with the tasks in the workbooks so you get practical experience in the software you are trying to learn. Now the creator of 5 of the most popular online MYOB training courses in Australia.