All eyes will be on the announcement from the Reserve Bank Governor today to see what is happening with interest rates. If you are like most people your cashflow would have been affected in the years since Covid because of the increasing interest rates.
There has never been a more important time to master your household budget and spending than now and good knowledge of Microsoft Excel will give you these skills.
A mortgage for your home is a huge debt, particularly for those living in the swelling capital cities with soaring house prices. The pro and cons of buying your own house and living in it are:
You don’t pay capital gains tax on a property you live in, but
You can’t claim the interest component of your loan
The big problem with this is the interest charge – you can’t claim the cost of it yet it’s a massive component of each and every payment you make on your mortgage.
You’d need your house price to go up at least at the interest rate you are paying to make it a good investment – and right now you’d be doing fine (perhaps except in Perth now).
Bigger payments reduce the interest paid
Our Microsoft Excel Training Course now includes an Excel spreadsheet file that will help you see just how much money you’d save if you paid even a small amount off extra each month!
You can use the mortgage comparison file to compare two mortgages, make extra payments or even shorten the term of the loan to see how much you’d need to pay each month if you want to pay your mortgage off quicker.
There are several reasons to open this spreadsheet and start seeing the resulting figures to workout the best way to allocate the money you earn.
Interest rates are at record highs,
house prices ‘may’ be peaking,
some people say that Australian banks are so highly leveraged to the residential property market that they’ll need to hold more capital reserves.
Either way you look at it, why not use your Microsoft Excel skills and play with some calculations to see how much better off you could be if you are financially prudent now.
You can also use this Microsoft Excel file to do a stress test and see how much your mortgage would be if interest rates do go up as many people expect they will.
50% OFF the normal price for Microsoft Office courses
There’s lots to do when businesses engage a new worker. As an employer, you’ll be busy going through the onboarding process and showing your new employee the ropes, but there are other important things to do when you add a new member to your team.
Keeping accurate records complete with the right information is essential for businesses to maintain, and that means updating and adding data when engaging a new worker. Here are some things to keep in mind as you go through this process:
This Xero course is the most popular with job seekers and business owners because it gives them the training they need to do almost anything using Xero. These are the course topics:
The Complete Xero Course takes most students 3-4 weeks to complete but you can learn it at your own pace and in your own time.
12 months or LIFETIME access – your choice
Enrol at our original enrolment website and you can learn everything about Bookkeeping using Xero with LIFETIME course access.
This includes all additional content we create and updates to training material. It also includes access to EzyLearn ANSWERS!
If you want the cheaper option you can enrol into the course here with 12 months course access and support.
Join us as a Tutor
If you have industry experience AND you complete our courses you can also become an EzyLearn Tutor.
As an EzyLearn TUTOR you become our partner and work part time, while also earning an income online as our affiliate – this is just one of our Career Academy membership options for students.
Enquire with us today and get the FREE Xero course sample – as well as Microsoft Office and Word training!
Frequently Asked Questions and Answers
If you have any other questions you’ll find answers to most of them at our FAQ’s.
Here are just some of the most common questions and links to their answers.
Jerry Lame is a serial entrepreneur and loves shiny new objects. He was a corporate employee but went out on his own to start a business and be his own boss – then things got messy.
He started doing whatever he could to earn money and created income selling lots of different things to lots of different people. He used Outlook to send group messages to his clients until one day he realised it was going to get too hard.
Tony, a customer, sent him a reply email abusing him for sending junk mail and that surprised Jerry!
Jerry loves people and he loves talking to people from all sorts of different backgrounds and he remembered his conversations with Tony vividly so he was surprised to get such a reply.
Have you ever been in that situation? There’s lots going on and you have a lot on your mind yet you just can’t think of something to say? It’s like that with content marketing too.
It can be challenging but if you are in sales and marketing you MUST find something to say.
I was reviewing some of the recent updates to our Mailchimp Course for Email Marketing and realised that most content marketing is based around what is happening at the business.
It might have something to do with suppliers or products and changes to features or it can simply be about a success story or what one of your clients did.
When the Mailchimp course is ready it will be available at a discounted price to our Bookkeeping Academy members and can form part of your CPD Points.
PS. A new member recently understood how affiliate marketing works and was able to earn someone money just by referring someone to our courses. We’d rather pay you for introducing a new client than give the money away to Google Ads to get new students!
I must admit that I have written a lot about email marketing lately and it’s ever since Intuit bought MailChimp and our monthly bill went up and some of the features were stripped out.
I then heard about Aweber increasing their prices massively and thought there must be something at play in the world of email marketing software.
The most disappointing part about what MailChimp has done is that they’ve stripped back the ability to create more than 4 automations unless you upgrade to a higher plan.
Everything about MailChimp is screaming out MORE MONEY, MORE MONEY, MORE MONEY!
Have you noticed a change in how MYOB makes you login? They’re starting to do as they are told by the Australian Taxation Office (ATO), that’s why.
We’ve seen lots of login issues with Xero in the past when they focused on authentication for their users and now it’s MYOB announcing improvements in their security – this time for inactivity.
They say that Spring is the season to sell your home but is that the case this year?
Property buyers seem to be holding off leading up to Christmas in the expectation that the economy will be better in 2025. There is an expectation that interest rates will be coming down.
When I see this comment I wonder if it’s not just based on the fear some students have about learning by themselves.
They’re worried about what happens if they get stuck on something, what happens if they don’t understand the instructions and wanting to know that someone will be available to help them.
I started teaching students how to use computer software on a one to one basis and thought to myself,
“these people are all spending a lot of money to go through the same basic steps”.
The problem with a lot of courses is that they just dump you with information and then get you to answer some questions in an assessment or test – not EzyLearn, we guide you through learning journeys.
The purpose of a well designed course is to provide a series of steps for students to perform that gives them the knowledge and practical experience they need to learn.
We use a number of different tools and case studies and one of my favourites is the Jerry Lame “. He’s like many people that you’ll meet every day.
I’ve tried and tested hundreds of software programs over the last 25 years and I’ve noticed something very interesting in the last 12 months – they’ve gotten so complicated!
Email marketing is commonplace these days and you know it’s a money spinner when Intuit buy Mailchimp.
Email Marketing is complicated
The cost of email marketing software has gone up and up and up and all the software vendors are increasing their prices at the moment. I thought Xero was pushing it with their yearly price increase but Aweber is similar to Mailchimp and they recently increased one of their monthly packages from $10pm to $55pm – that’s OVER 500% increase.
EzyLearn has been an online training company for Office Admin and Business Admin courses since the Internet appeared and geez I could tell you some stories about what I’ve seen.
Something frustrating is happening at the moment and it pits the developing countries again rich countries like Australia.
If you’re reading this because you received an email notification then you’re a subscriber to our blog – WELCOME!
I recall when we opened our first Sydney training centre how I took people through a needs analysis to determine what they knew and didn’t know. I could quickly see the difference between what people say and what they do.
We were doing most of the training for clients of Commonwealth Rehab Services when the Internet was in it’s infancy and lots of people were learning about how to send an email!
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.
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Xero is a great bookkeeping program for tradies who are on the go and using their phones (or a tablet) all the time. From receipts scanning to creating quotes and invoices, receiving payments and keeping track of project costs.
bookkeepercourse.com.au/produ…
