The How and Why You Should Plan For Your Retirement

Plans For Retirement

We all get close to retirement one day. Think about it early. This post may not be for you but may help someone you know.

*Retirement*

*1. one day you will retire.* You won't be going to work. You won’t have office power any more. No influence or at best, a reduced influence. Your cash flow will also reduce.! Check retirement date on your payslip.

*2. Always go for your 30 days annual leave.* Whatever you do during your leave, is what you will be doing when you retire. If all you do is to sleep or watch TV, then that’s what you are likely do do in your retirement. Remember the book of Proverbs. A little sleep and a little slumber, so shall your poverty multiply. 

Watching Big Brother Naija will not save you heartache in retirement. Learn a trade or a skill during your leave. It will come handy. Spend your after-office hours learning something. Don’t spend it sleeping, Gossiping, watching TV!! Same goes for your weekend. Make them productive. You will thank yourself for spending your time productively.

*3. Invest for your retirement.*.. your children are not retirement investment. Don’t bank on your children’s support or the support of friends or relations. That’s a BIG risk. It may not happen. Be ready to take care of yourself!! Everyone has his own responsibilities. They won’t be able to help you that much. You will also lose your dignity and respect if you adopt a life of begging.

*4. Start a hobby* early in your working days to take you along when you retire. Rearing chicken, farming or own a shop. Acquire marketable skills ( not useless paper certificates) Etc

*5. Where shall you retire.* Build yourself a home. Don't retire and start to rent a house or refuse to vacate government house. You will be at the mercy of your landlord at a time when your cash flow is not only reduced but unpredictable!!

*6. Who shall be your dependants.* By the time you retire, your children should be above 18, and self reliant.

*7. Don't retire and stay in a big city* unless you can TRULY afford it. You can't continue living in a big city after 60 with limited financial resources. The language and the hustle will be hard for you. Where possible, Relocate to a less expensive town where your reduced take home (pension) can go further.

*8. Have property which can be rented or converted into cash*. Have shares that pay good dividends. Plant cash trees. Rear goats, cultivate vegetables etc. these activities will not only give you income but will also keep you healthy.

*9. Live a simple life*. If you never built a house at your rural home, dont use your retirement package to build. It is unwise unless you plan to live there on a permanent basis or you are super rich and therefore can afford the luxury. The choice is yours.

10. Begin to exercise now. As we get older we begin to lose muscle mass and bone mass. If you keep exercising you will be able to maintain a good health and stamina to enjoy your retirement and old age. Poor muscle mass and bone weakness is a killer in old age. A fracture of the hip is common with osteoporosis.

*Note that many of retirees die early because of the following*:

1. They are Not mentally prepared to retire.

2. Lack of finances

3. They Lapse into Depression

4 They develop Hypertension/ Diabetes because of worries, anxiety and uncertainty "and financial pressures.

*YOUR DESK AT YOUR WORK PLACE IS NOT PERMANENT. PLAN FOR YOUR RETIREMENT. Pls forward to people who u feel can learn from this now.

How To Check Your Websites Traffic

If you would like to know how much traffic your site getting, it's highly recommended to use external tools, such as Google Analytics. Not only is it a free tool offered by Google, it's one of the best analytical tools available with countless options to track your website's activity and your visitors.

Useful links regarding Google Analytics:

• You can find more information as well as sign up/log in for Google Analytics at https://www.google.com/analytics/
• Using Google Analytics with your WordPress website is easier than ever with this quick guide: https://www.hostinger.com/tutorials/wordpress/how-to-add-google-analytics-to-wordpress 

 Image Credit to https://www.colourbox.com

5 Ways to Generate Passive Income and Keep Your Job

Passive income is the Holy Grail for online marketers. It's automatic. Effortless. But, not at first. In the beginning, it's grueling. I liken this to doing the most amount of work for the least initial return. However, over time, as your passive income begins to increase, your reliance on an active income plummets. That's when the real magic starts to happen.

For most people, that means an exit from the proverbial rat race. It equates to freedom. True financial independence. An extrication from the shackles that binds us to the 9-to-5 corporate life-sucking job. It means being unleashed. Living a fulfilled life. And having total freedom to live, work and roam free at your leisure.

Yes, it's Utopian. That's by design. But, if you're sitting there thinking that passive income is impossible because you're too busy working a day job, think again. Not only is it possible. Not only should you do it. But, you'd be silly not to put as much of your effort into generating a passive income immediately.

However, this comes back to the old discussion of pain versus pleasure. We will always do more to avoid pain than we will to gain pleasure. When our backs are against the wall, we act. When they're not, we relax. The truth is that the pain-versus-pleasure paradigm only operates in the short term. We'll only avoid pain in the here and now. Often not in the long term.

We spend so much time procrastinating that it's only at the point when the pain of continuing the procrastination exceeds the pleasure of putting it off any longer, that we actually take action.

But, when it boils down to it, passive income isn't that hard to generate. When you know what avenue to take, and you follow along with a few simple steps, you can do it. It just takes time. Don't expect this to materialize overnight. Unless, of course, you have money to invest in something like real estate or high-yield dividend stocks.

There are dozens of ways to generate passive income. However, the option you select has to do with two metrics: time and money. Either you have a lot of time or a lot of money. Most people usually don't have both. But, if you have a lot of money, generating passive income almost instantly is easy. You can buy up some real estate and begin enjoying rental income. Or, you can invest in a dividend fund or some other investment vehicle that will begin generating a steady income for you.

However, when you lack the money, you need time. You'll need to invest the upfront time now in order to reap the benefits of automatic income later. It just doesn't happen overnight. So don't expect it to. However, you can do this without quitting your day job. All it takes is some sincere effort over a consistent period, and voila! But, to get there, you'll need to consistently burn the midnight oil or get up at the crack of dawn. Your choice.

1. Start a blog.

One of the best ways you can create a passive income is by blogging. Yes, in the beginning there will be no income. Expect that. But, over time, you'll start to generate an income from that blog. Eventually, it will snowball. Potentially, it could earn you six or seven figures per year, sometimes even more.

There are some basic steps you'll need to take before you start a blog. Don't just rush headfirst into this without planning first. Blogs in the following sub-markets make the most money:

Dating and relationship related blogs

Money related blogs

Diet and fitness related blogs

However, you should pick a niche and blog about that. If you're launching a money related blog, maybe it'll be about how to make money in real estate or simply how to make money online. Pick the niche and stick to it. If it's a diet and fitness related blog, maybe the niche is the Ketogenic diet, the Atkins diet or some other form of diet or fitness.

2. Launch an automated webinar.

Webinars are absolutely crushing it these days. If you're looking to create a serious amount of passive income, consider launching an automated webinar. However, before you do that, make sure you do that webinar live every single week for a year. Once you've got that webinar converting, automate it.

Some people take it automated well before the year is up. When it converts, it converts. If you target the right people and you're able to create the right message that appeals to your audience, you might just hit a home run. An automated webinar often involves the creation of a webinar funnel. That includes, not only the webinar, but also the email sequences, and possibly a self-liquidating offer, and maybe some done-for-your services and up-sells.

It's not as complicated as it sounds. There are loads of things to keep in mind when building out a webinar. It's not a simple task. But, when it clicks, it's a proverbial money-making machine. Not only do you make money fast, but it's often more than you had ever dreamed of.

3. Write a ebook.

Ebooks are one of my favorite sources of passive income. Now, you can do this the simple way and just publish it on Amazon's KDP. Or, you can go all out and build yourself a book funnel. Book funnels are powerful, but they won't be fully passive. For example, if you do a free-plus-shipping offer for your ebook (converting it into a physical book), you'll need to create some one-time offers (i.e. extra training) and up-sells (i.e. an audiobook). But, a book funnel can be very powerful.

But, you don't need to go further than that. You can simply write it and publish it and collect the income. That's all. Send out a couple emails to your list (if you have one) or post it on social media, and there you have it. Passive income. Now, the amount of income you receive depends on the quality of the book you've written. How well did you craft the message? How targeted was the information to your audience? It counts.

If you want to take it a step further, you could easily create that ebook into an audiobook using the Audible platform. You can either produce the audiobook yourself or hire out a producer to do it for you. You can either pay them a flat fee or a royalty from the proceeds of the audiobook.

4. Do affiliate marketing.

One great way to generate a passive income is through affiliate marketing. Now, this does depend on the size of your list. Yes, size matters when it comes to your list. Especially if you're looking to make some serious money and do it on autopilot. But, list-building takes time. It doesn't happen overnight. And you need to add value to your list or you become obsolete.

Build a list in a particular niche and tell them stories. Create a bond. Build a relationship with them. It's important. Then, when you've created a bit of culture, start marketing affiliate products or services to them that you think they might like. Just be sure that you personally vet out whatever it is that you're selling to avoid complaints if the product or service falls short.

Credit to https://www.entrepreneur.com 

The attached screenshot are some of my earnings from two of Online Business. You can easily create Multiple Income Streams Online.

Call/WhatsApp +2348023384213 To Get Started. Poverty Must Go In 2019!

The Bitcoin Revolution Presentation Part 1

Ok. Here I start today's presentation titled *THE BITCOIN REVOLUTION*

*What is Bitcoin?*

Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralizeddigital currency without a central bankor single administrator that can be sent from user-to-user on the peer-to-peerbitcoin network without the need for intermediaries.

Transactions are verified by networknodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people using the name *Satoshi Nakomoto* and released as open-source software in 2009. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies,products, and services. Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

*A Beginner's Guide to Owning Bitcoin*

By now you know enough about Bitcoin to want in, but you’re not sure how to get some of your own. Below is the procedures and steps to own Bitcoin

First, get a digital wallet

Your first step (for real this time) is to acquire a digital wallet to stash your future bitcoins in. Bitcoin wallets allow you to store, send and receive bitcoins. You can get one from an Internet-based wallet service, like Coinbase or Blockchain.info (more on wallets in a later).

Both online Bitcoin wallets are widely considered secure, though, just like any other company these days, neither can guarantee 100 percent protection against breaches. Each one also has a mobile app for Android users. 

Or, if you’d rather store your digital cash locally, on your computer’s hard drive, you can download a “desktop” wallet app, like MultiBit. It’s on you, though, to regularly back it up and not lose your computer (or accidentally chuck it in the trash).

With a wallet service, you can establish one or more Bitcoin addresses. Your address enables you to receive bitcoins from others. Bitcoin addresses tend to be long and convoluted. For example, mine is 1KMtXG977v1QsGvfLM7Q1g6qEQJnLv64rD. People don’t need to know anything more than your address to send you bitcoins. No real world addresses necessary.

Once you’re the proud, new owner of a digital wallet, there’s only one thing to do: fill it with bitcoins (or, because they're not cheap, fractions of a Bitcoin).

Word of caution: Before you buy your first bitcoins, be sure to secure your Wallets. More on Bitcoin Wallet Security other times.

*Four Ways to Own Bitcoin*  

1. Buy them from a Bitcoin exchange.

This is the most straightforward, yet generally least anonymous option. Bitcoin exchanges allow users to buy and sell bitcoins for local currency at the current market rate. These often require that you transfer money from your bank account to your Bitcoin exchange account.

2. Buy them from a friend or a nearby trader.

There may be more people in your local area trading Bitcoin than you’d think. Find them by stopping by LocalBitcoins.com and entering your nearest city. 

You can meet the trader in-person, ideally at a public place. This can be sketchy if you’re not careful, just as rendezvousing with any stranger for any reason might be. We don’t recommend it, especially if you’re alone.

LocalBitcoins.com says you can also buy from exchangers online via bank transfer or a host of other electronic payment methods, including PayPal, Moneygram and Western Union. The company charges a small fee per transaction.  

Or, if you know of any friends or colleagues holding bitcoins, ask them if they’ll spot you a fraction of Bitcoin. Or, if you want to go whole hog and spend the big bucks, ask if they’ll trade you a whole BTC or a bunch. If you can’t think of anyone who owns bitcoins, try looking for people across your social networks who might be open to giving you some.

*The good news is that I buy and sell Bitcoin & Ethereum. Contact me if you need any of them*

3. Accept Bitcoins as payment for goods or services you provide.  

Let’s say you own a donut shop. Simply let your customers know you accept Bitcoin as payment by chatting it up with them, putting up a sign or notifying them via email newsletter. But before you do, choose a merchant Bitcoin payment processing service, like BitPay, to facilitate your bitcoin payments and convert them to USD.

Or, if you bill your customers via invoice, just add your Bitcoin address to your invoice. Hopefully they have some BTC. Be sure not to accidentally include your private key for your Bitcoin address. A private key acts as a password, the secret number that enables bitcoins to be spent. You’re leaving your bitcoins ripe for hacking if you expose your private keys.

4. Mine them. 

Mining bitcoins is incredibly complex and, honestly, probably isn’t something beginners should dabble in. The process involves using special software (and expensive mining computers that suck up tons of power) to solve mathematical algorithms in exchange for bitcoins.

I buy, sell, accept and mines Bitcoin.

For example I accept Bitcoin for my eBook 

http://mygbo.blogspot.com/2018/12/how-to-make-money-in-information-and.html?m=1

I also mines Bitcoin with two reputable mining company see info below 👇

1. AWS Mining

✅Real Company ✅Real Owner ✅Real Mining ✅Real Profit✅

⚒⚒Start Mining Your Bitcoin With AWS Mining⚒⚒

Mining Bitcoin With AWS Mining Is So Amazing And Profitable. 

Joining Link : 👇

https://awsmining.com/register/leobons

🤔Why AWS Mining❓

👉🏾1⃣ Fully Registered With The Australian Government✅

👉🏾2⃣ Currently The 5th Largest Cloud Mining Company In The World✅

👉🏾3⃣ Has Mining Farm In 4 Countries (China, Paraguay, Mongolia & Russia )... Still Counting✅

👉🏾4⃣ No.1 In Terms Of Cashout To Local Bank✅

👉🏾5⃣ No.1 Fastest Payment Processor Cloud Mining✅ Company In The World

👉🏾6⃣ Earn Passive Income Monthly (14-17%)✅

👉🏾7⃣ A Min Of 40$ To No Max Limit Investment Package✅

👉🏾8⃣ 5 Extra Reward System (Referral Bonus, Residual Bonus, Team Bonus, Acceleration Bonus & Performance Bonus)✅

👉🏾9⃣ 30$ Min Withdrawal Any Time! Any Day! 24/7✅

👉🏾🔟 Join Us Today✔💪🏽🚀🌙

Register Here 👇🏽

https://awsmining.com/register/leobons

For More Information And Detail Whatsapp Me On +2348023384213

2. Bitclub Network

Know more about Bitclub Network Here:  https://mygbo.blogspot.com/2019/01/bitclub-network-opportunity-of-life-time.html

Free Bitclub Network Registration Here: https://bitclubnetwork.com/leobons/signup.html
 

End of today's presentation

 

Please enter your questions on the comments box below