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Business / Re: You Are Invited - Investment & Financial Prosperity Conference 2022 by nairaab: 8:46am On Feb 10, 2022
"Investment & Financial Prosperity conference 2022"

As we count-down to Feb. 15th, 2022;

Kindly secure your seat at www.anthonyex.com/moneyconf

A copy of the agenda will be forwarded to you

Add to calendar to get a gentle reminder

Contact organizers:
+2349022480249
john@anthonyex.com
nairaab:
"Investment & Financial Prosperity conference 2022"

As we count-down to Feb. 15th, 2022;

Kindly secure your seat at www.anthonyex.com/moneyconf

A copy of the agenda will be forwarded to you

Add to calendar to get a gentle reminder

Contact organizers:
+2349022480249
john@anthonyex.com
Business / Re: You Are Invited - Investment & Financial Prosperity Conference 2022 by nairaab: 8:18am On Feb 04, 2022
"Investment & Financial Prosperity conference 2022"

As we count-down to Feb. 15th, 2022;

Kindly secure your seat at www.anthonyex.com/moneyconf

A copy of the agenda will be forwarded to you

Add to calendar to get a gentle reminder

Contact organizers:
+2349022480249
john@anthonyex.com

nairaab:
"Investment & Financial Prosperity conference 2022"

As we count-down to Feb. 15th, 2022;

Kindly secure your seat at www.anthonyex.com/moneyconf

A copy of the agenda will be forwarded to you

Add to calendar to get a gentle reminder

Contact organizers:
+2349022480249
john@anthonyex.com
Business / Re: How Many Followers And Subs Do You Need To Start Making Money On Instagram And Y by nairaab: 1:08pm On Feb 03, 2022
You can start with 1,000 followers
Business / How Many Followers And Subs Do You Need To Start Making Money On Instagram And Y by nairaab: 10:07am On Feb 02, 2022
How Many Followers and Subs Do You Need to Start Making Money on Instagram and YouTube?

Influencing on social networks is a serious job that can easily pay your bills.

The world of social networking applications such as Twitter, Instagram, and others has given rise to a new variant of unconventional work, which we call “Influencer”. Now, more than ever, people want to quit their daily jobs and influence full-time work.

However, however attractive and easily visible, it is difficult to get thousands of followers, millions of views and build your audience on TikTok, Instagram, YouTube, and other social media platforms. You need to define your place, continue to create quality content, be consistent, and build a strong community of your own. However, once you break the algorithm and build your social media empire, you can start making a lot of money.

The fourth annual Instagram-rich list at Hopper HQ 2020 shows that Dwayne Johnson, aka The Rock, has earned about $1,523,000 per post, while Kylie Jenner earned a huge $1,494,000 per contribution.

https://anthonyex.com/how-many-followers-and-subs-do-you-need-to-start-making-money-on-instagram-and-youtube/
Business / 6 TOP Business Ideas You Can Start In 2022 With NO MONEY by nairaab: 3:38pm On Feb 01, 2022
6 TOP Business Ideas You Can Start In 2022 With NO MONEY
https://anthonyex.com/6-top-business-ideas-you-can-start-in-2022-with-no-money/

Screw sitting at a desk and taking orders from some guy in a suit

You want to be your own boss, calling the shots and counting that dinero. So what’s stopping you?

You don’t have any startup money, hell, Mark Zuckerberg is the fifth richest guy in the world and he started his business with nothing but a computer

Today, in 2022 there are plenty of businesses out there that you can start without a dollar in the bank and yes, they may not make you Facebook money but they can definitely lie in your pockets and maybe even get you a nice car

So if you’ve got that entrepreneurial spirit but you don’t have any money; read up to the end because I’m about to talk about 7 business ideas that you can start without money

Read more: https://anthonyex.com/6-top-business-ideas-you-can-start-in-2022-with-no-money/
Romance / Re: 50 Questions You Should Ask Yourselves Before Making Your Relationship Official by nairaab: 5:26pm On Jan 26, 2022
Yay or nay
Romance / 50 Questions You Should Ask Yourselves Before Making Your Relationship Official by nairaab: 4:57pm On Jan 26, 2022
50 questions you should ask yourselves before making your relationship official: https://anthonyex.com/50-questions-you-should-ask-yourselves-before-making-your-relationship-official/

So you’re dating someone you like.

Maybe you want to try to make your relationship official?

Starting a relationship is a big deal. In fact, it reassured someone you had seen for a long time.

As a result, many things need to be considered before taking the next step. Asking different questions can help you think realistically – especially if you’re on your honeymoon.

Clinical sexologist and relationship coach Ness Cooper explains: “When we introduce a new relationship, it can only be easy to see a fantasy version of what we expect.

Asking questions before taking the next steps will help you make the relationship realistic and accessible if you understand what your potential partner is – instead of the version we can try and plan for them.

This is something that psychotherapist and coach Andre Radmall supports, who says it’s important not to look at the situation with pink glasses – so questioning things can help bring things back to normal.

He added: “When the tsunami hits, it will destroy everything in its path. New relationships can be a tsunami of love, envy, love, and obsession. Psychologists return to Freud in comparison to falling in love with a temporary loss of common sense.

“That’s why I suggest that before you tell the world about a new relationship, it’s important to step back and ask yourself a few questions.

“It will provide a solid and solid assessment of whether it is something you want to make ‘official’.”

As a result, the experts shared 50 questions to ask before making your relationship official – they split into questions for you and others that you can ask your partner.

This is because asking a few questions to your spouse can help you determine if you are compatible in the relationship and if you want the same things.

25 questions you should ask yourself:
Did you tell your best friends about this person? (If not, what are you hiding? If so, what is their reaction?)

What is the most annoying human behavior? (If it was boring now, how would you feel in a year in a relationship?)

Is it lust, love, or both?

Does your interview partner listen to you as much as he does?

How are decisions made? (Is anyone more dominant and if so, do you mind?)

How to deal with conflicts or differing views?

Do you enjoy being together?

Are you on the bounce?

Do you feel safe the way you feel to yourself? If you are a woman, can you be vulnerable and feel emotionally safe with a male partner?

Are you at the same stage of life – wanting and having children / don’t want to have children and the like?

You are financially sound – AKA, do you have the same view on money and expenses?

Do you like your spouse and friends or are you worried?

Are your visions in line with starting a family?

Do you have the same sexual desire and connect on an intimate level?

Are your political views consistent, and if not, can you have polar opposing views?

Are your connection styles consistent, and if not, can you manage the relationship?

Are past relationships closed and are there former people who can affect your future strength and happiness?

Does the relationship support you and regret it when you think you are not together?

Do you have the same ideas about marriage, and if not, how can you handle it?

What do you want from this relationship and is this person able and willing to offer it?

Do you love and admire them?

Did you choose them because they are a sure bet?

Are they good friends? (In other words, do they have your back, and are you ready to have it?)

Is their level of commitment the same as yours?

25 questions you can ask your partner:
What kind of safe sex do you prefer? (Interview on STDs and testing is also recommended here).

Is there anything particularly reassuring for you that I can help with?

Do you hope for an exclusive relationship – or do you want to explore other related structures like Open?

What are your barriers, no-push buttons, and no-go zones?

Should we have rules about how we walk (for example, public kisses, no nicknames)?

Is there something in your life that is always important to you that I need to know?

Do you have any other responsibilities I should know about?

How do you think we can help each other improve?

Are you a morning or evening person? (This may seem like a silly question, but finding out if our colleagues are more vigilant can be used to find out when certain activities need to be planned.)

What makes sex and intimacy special to you?

How often do you want to have sex?

What are your goals in a relationship? (Long-term and short-term)

How would you describe how you view a healthy relationship?

How do you share time between other important relationships, such as friends and family?

Is there anything that always overpowers you that I need to know, avoid you or comfort you when it happens?

What would you like to improve in your life? (Maybe I can help you reach your goal.)

What do you expect romantically / what do you consider romantic?

What do you expect from your partner in a relationship?

What are your on and off? What makes you feel satisfied?

What makes you feel satisfied?

What’s triggering you?

How would you describe your sexuality?

What is your opinion on monogamy?

How do you take care of yourself?
Business / Re: You Are Invited - Investment & Financial Prosperity Conference 2022 by nairaab: 5:58pm On Jan 25, 2022
Good
Business / You Are Invited - Investment & Financial Prosperity Conference 2022 by nairaab: 3:44pm On Jan 25, 2022
"Investment & Financial Prosperity conference 2022"

As we count-down to Feb. 15th, 2022;

Kindly secure your seat at www.anthonyex.com/moneyconf

A copy of the agenda will be forwarded to you

Add to calendar to get a gentle reminder

Contact organizers:
+2349022480249
john@anthonyex.com

Business / 4 Passive Income Streams That Can Earn Over 6 Figures Annually by nairaab: 1:21pm On Jan 10, 2022
I’m always looking for new ways to bring in money, so I decided to ask financial planners and accountants to share unique passive income streams they’ve come across that can generate significant earnings. Read on: https://anthonyex.com/4-passive-income-streams-that-can-earn-over-6-figures-annually-business-insider/

PARKING LOTS
One way to find new ideas for passive income is to look at businesses and services you see operating every day. Financial advisor Chris Nddie suggested that people should look into owning parking lots, for example.


Depending on the location of the parking lot you want to buy, you can find some property for as low as $10,000 using websites like Loopnet.

According to How to Start an LLC, the typical monthly expenses for a small, outdoor parking lot can be around $5,000, but gross profits of a lot with about 20 spaces can reach around $28,000 per month.

REAL ESTATE
A popular way of making passive income is through real estate properties, whether commercial or residential. Financial planner Brent Dickerson recommends people invest in real estate properties, such as office buildings or retail centers.

“Many large real estate ventures are owned by several investors through a Tenancy in Common Arrangement,” said Dickerson. “This allows for multiple owners to own an unequal share of a property, such as an office building or retail center. As payments are made by the lease tenants, the owners of the property receive those payments as income.”

Dickerson added that the amount of income one receives is determined by the percentage ownership in the property, so the more you invest, the more passive income it will generate. You can start with $1,000 and build up from there.

BLOGGING
For someone with a strong personal brand, blogging can be a great source of passive income according to Olivia Tan, a CPA.

“Blogging has helped countless entrepreneurs earn passively through affiliate links, courses, sponsored posts, products, book deals, and more,” said Tan.


While Tan acknowledges that starting a blog requires a lot of upfront work in order to be successful, she added that: “It’s one of the most sustainable ways to generate an audience through organic and social traffic, or by building an email list.”

While much of this income is based on how much traffic you can get to your website or social media channels, it’s possible to make money without having a large audience. You can do research to set your personal rates, or follow the common advice of charging $100 for every 100 subscribers you have.

ONLINE COURSES
One of my personal favorite ways of making passive income is through the creation and sales of online courses. Financial advisor Sanchit Taksali said that this is a great route for anyone who has specialized knowledge to share, or is an expert in a certain topic.

Depending on the topic of your course and how big your potential audience is, you could follow in the footsteps of people like this copywriting expert who made $1 million dollars in 2020 selling a course, or this 71-year old who makes $8,500 a month selling a course.
Business / The 5 Ways To Invest $100 (N47,000) In 2022 by nairaab: 10:44am On Dec 02, 2021
How much would you have made if you had learned ways to invest before now? What if you had invested a hundred thousand dollars in Google back then when it was just getting started?

That’s exactly what David Cheriton did and today his net worth is over $6 billion. That’s probably one of the best investments ever!

However, not everyone gets such a chance to become a billionaire, not everyone has an extra hundred grand to throw it at another startup, nonetheless, there is an endless number of opportunities all around

We discussed few of them in this guide

https://www./5-ways-invest-100-n47000-2021-anthony-b-ogunleye-

However, it seems like you can’t do much with it, since even for example a single Apple stock costs twice that amount, and I am not even talking about Amazon or Google. Even index funds are not an option.

How much do you think a hundred bucks over 40 years with 8% returns would amount? Just a little over $2,100 ($2172). But don’t worry, because there are actually legit great ways to invest even as little as a hundred bucks that I will share with you here in this guide

1. Start A Business
One of the best ways to invest your money is to start a business. I know that it sounds cliché because to start a business, it seems like you clearly need much more than a hundred bucks. But believe it or not, there are actually a handful number of businesses you can start with as little as a hundred bucks.

The problem is that, when we think of starting a business, we imagine big businesses and ignore all the small ones that are much easier to start. You can buy a Lawn Mowers for a hundred bucks for example, and start a side business cutting your neighbor’s grass.

There is an endless number of online businesses that do not require a lot of capital. Let’s say you are good at playing a guitar or violin, you can find someone who can help you with shooting and editing it for as little as a hundred bucks. Turn it into an online course and sell it online. And the great part about it is that you don’t even need a website because right now there are multiple great platforms to sell courses for free! And if it turns out to be successful, you can slowly turn it into a legitimate business.

We are lucky to be alive at this age, because no matter where you are in the world, pretty much everyone has internet. So this is probably a great option for most people.

2. Trade some Stocks:
Another great way to invest your money is Stocks. A lot of people keep watching videos or reading about the stock market, hoping to start investing one day. If you haven’t bought a single stock, the world of the stock market is probably quite ambitious to you. When you actually get in and start, a lot of things start getting clear.


Reading and watching videos about the stock market is one thing and investing or trading is something else. What seems so obvious in theory isn’t that easy in practice.

When you buy a stock and it goes down right in front of your eyes, you get emotional, your brain stops working and your emotions get in charge, all that will be in your mind is to minimize losses. That’s when you really learn. The point isn’t to turn that 100 bucks into a thousand, but to experience the market. Because when you are trading with real money, you will be much more careful and cautious, since your money is at stake.

It’s actually fun to look for the right company to throw your money in. You will read about many different companies, analyze their financial statements, figure out if their price is undervalued or overvalued, and then make up your mind if this company is worth your money or not. This experience totally worth it even if you lose a hundred bucks. In fact, if you decide to invest a larger amount, you will at least know how the market works.

3. Invest In Books
I grew up watching my parents live paycheck to paycheck, and struggle financially. And I promised myself that when I grow up, I am not gonna live like that. But the problem was that I didn’t know how to do that. My parents told me that if I keep getting good grades, I will find a good job when I grow up and I won’t have to worry about money. But at some point, I started reading books outside the school and accidentally came across Rich Dad Poor Dad and that’s where the magic happened.

I was introduced to the world of money and to be honest I was shocked about how little I knew about money even though I use it every day. You probably have heard this a million times, but the moment you make that shift in your mentality, your perspective changes, and you will start making different decisions that will slowly lead you to financial independence.

A lot of people watch a video or two on YouTube and then they think that they are financial gurus. YouTube is entertainment, you might learn a thing or two, but it’s not gonna stick like when you read a book, because usually it takes you a couple of days if not weeks to finish a single book and by then, these ideas will be embodied in you.

Some of my favorite books on this matter are — The Millionaire Fastlane, Secrets of The Millionaire Mind, Rich Dad Poor Dad, and a few others.

4. Buy and Sell Something:
A lot of people don’t have even basic business experience. They are so drained into the system where they haven’t made a single penny outside their job. So, when you tell them to start a business, they keep postponing it because it’s a strange world for them.

But Business is all about selling and most businesses do not even build their products but rather just buy low and sell high. The grocery store besides your house, for example, they do not produce what they sell; they have a supplier.

The process of business is simpler than you think but quite difficult to implement. The good news is that you don’t have to spend big and open your store to learn that, you can just go to eBay, Aliexpress, and find something that you can resell to your neighbors for example, for a slightly higher price.

That experience will improve your social skills, analytical skills, and negotiating skills. You might not make a lot of money out by buying and selling with a hundred bucks. However, you will learn much more than you will do with a 4-year degree in business. You will have to analyze the market, who would be your potential consumers, what would be the appropriate price, how to deal with your clients, and on and on. In fact, there are actually people who make a living out of this. But if you think that’s not for you, here is another idea.

5. Learn A Valuable Skill
What you can also do is to use that hundred bucks to learn a skill that will earn much more later on. This is probably the best option if you are struggling financially or looking for a side hustle. You can invest in a Social Media Course, every business is now looking for someone who actually understands how these algorithms work. Or you can learn Graphic Designing, Copywriting, Web Designing. There is an endless number of online opportunities.

Of course, you can find free materials, even on YouTube, so why buy a course. Usually, the free stuff isn’t as good as paid courses, they are better organized and after taking the entire course, you feel like you actually learned the skill, compare to the free stuff where you have to keep searching for everything separately. And secondly, once you pay for something, you feel obligated to take that course, because you just spend a hundred bucks. In fact, it will probably motivate you to take action after taking the course to earn back the money that you spent on the course.

Conclusion:
A hundred bucks isn’t a lot of money, and you can’t do much with it, so all the options

we discussed in this guide are more about educating yourself. Stepping up your business

and analytical skills and getting valuable experience will pay back in the long run. But now, it’s your turn, how or where would you invest your first hundred bucks?

Thanks for reading and until next time.
Investment / The 5 Ways To Invest $100 (N47,000) In 2022 by nairaab: 10:34am On Dec 02, 2021
https://anthonyex.com/the-5-ways-to-invest-100-n47000-in-2021/

How much would you have made if you had learned ways to invest before now? What if you had invested a hundred thousand dollars in Google back then when it was just getting started?

That’s exactly what David Cheriton did and today his net worth is over $6 billion. That’s probably one of the best investments ever!

However, not everyone gets such a chance to become a billionaire, not everyone has an extra hundred grand to throw it at another startup, nonetheless, there is an endless number of opportunities all around

We discussed a few of them in this guide

https://www./5-ways-invest-100-n47000-2021-anthony-b-ogunleye-

However, it seems like you can’t do much with it, since even for example a single Apple stock costs twice that amount, and I am not even talking about Amazon or Google. Even index funds are not an option.

How much do you think a hundred bucks over 40 years with 8% returns would amount? Just a little over $2,100 ($2172). But don’t worry, because there are actually legit great ways to invest even as little as a hundred bucks that I will share with you here in this guide

1. Start A Business
One of the best ways to invest your money is to start a business. I know that it sounds cliché because to start a business, it seems like you clearly need much more than a hundred bucks. But believe it or not, there are actually a handful number of businesses you can start with as little as a hundred bucks.

The problem is that, when we think of starting a business, we imagine big businesses and ignore all the small ones that are much easier to start. You can buy a Lawn Mowers for a hundred bucks for example, and start a side business cutting your neighbor’s grass.

There is an endless number of online businesses that do not require a lot of capital. Let’s say you are good at playing a guitar or violin, you can find someone who can help you with shooting and editing it for as little as a hundred bucks. Turn it into an online course and sell it online. And the great part about it is that you don’t even need a website because right now there are multiple great platforms to sell courses for free! And if it turns out to be successful, you can slowly turn it into a legitimate business.

We are lucky to be alive at this age, because no matter where you are in the world, pretty much everyone has internet. So this is probably a great option for most people.

2. Trade some Stocks:
Another great way to invest your money is Stocks. A lot of people keep watching videos or reading about the stock market, hoping to start investing one day. If you haven’t bought a single stock, the world of the stock market is probably quite ambitious to you. When you actually get in and start, a lot of things start getting clear.


Reading and watching videos about the stock market is one thing and investing or trading is something else. What seems so obvious in theory isn’t that easy in practice.

When you buy a stock and it goes down right in front of your eyes, you get emotional, your brain stops working and your emotions get in charge, all that will be in your mind is to minimize losses. That’s when you really learn. The point isn’t to turn that 100 bucks into a thousand, but to experience the market. Because when you are trading with real money, you will be much more careful and cautious, since your money is at stake.

It’s actually fun to look for the right company to throw your money in. You will read about many different companies, analyze their financial statements, figure out if their price is undervalued or overvalued, and then make up your mind if this company is worth your money or not. This experience totally worth it even if you lose a hundred bucks. In fact, if you decide to invest a larger amount, you will at least know how the market works.

3. Invest In Books
I grew up watching my parents live paycheck to paycheck, and struggle financially. And I promised myself that when I grow up, I am not gonna live like that. But the problem was that I didn’t know how to do that. My parents told me that if I keep getting good grades, I will find a good job when I grow up and I won’t have to worry about money. But at some point, I started reading books outside the school and accidentally came across Rich Dad Poor Dad and that’s where the magic happened.

I was introduced to the world of money and to be honest I was shocked about how little I knew about money even though I use it every day. You probably have heard this a million times, but the moment you make that shift in your mentality, your perspective changes, and you will start making different decisions that will slowly lead you to financial independence.

A lot of people watch a video or two on YouTube and then they think that they are financial gurus. YouTube is entertainment, you might learn a thing or two, but it’s not gonna stick like when you read a book, because usually it takes you a couple of days if not weeks to finish a single book and by then, these ideas will be embodied in you.

Some of my favorite books on this matter are — The Millionaire Fastlane, Secrets of The Millionaire Mind, Rich Dad Poor Dad, and a few others.

4. Buy and Sell Something:
A lot of people don’t have even basic business experience. They are so drained into the system where they haven’t made a single penny outside their job. So, when you tell them to start a business, they keep postponing it because it’s a strange world for them.

But Business is all about selling and most businesses do not even build their products but rather just buy low and sell high. The grocery store besides your house, for example, they do not produce what they sell; they have a supplier.

The process of business is simpler than you think but quite difficult to implement. The good news is that you don’t have to spend big and open your store to learn that, you can just go to eBay, Aliexpress, and find something that you can resell to your neighbors for example, for a slightly higher price.

That experience will improve your social skills, analytical skills, and negotiating skills. You might not make a lot of money out by buying and selling with a hundred bucks. However, you will learn much more than you will do with a 4-year degree in business. You will have to analyze the market, who would be your potential consumers, what would be the appropriate price, how to deal with your clients, and on and on. In fact, there are actually people who make a living out of this. But if you think that’s not for you, here is another idea.

5. Learn A Valuable Skill
What you can also do is to use that hundred bucks to learn a skill that will earn much more later on. This is probably the best option if you are struggling financially or looking for a side hustle. You can invest in a Social Media Course, every business is now looking for someone who actually understands how these algorithms work. Or you can learn Graphic Designing, Copywriting, Web Designing. There is an endless number of online opportunities.

Of course, you can find free materials, even on YouTube, so why buy a course. Usually, the free stuff isn’t as good as paid courses, they are better organized and after taking the entire course, you feel like you actually learned the skill, compare to the free stuff where you have to keep searching for everything separately. And secondly, once you pay for something, you feel obligated to take that course, because you just spend a hundred bucks. In fact, it will probably motivate you to take action after taking the course to earn back the money that you spent on the course.

Conclusion:
A hundred bucks isn’t a lot of money, and you can’t do much with it, so all the options

we discussed in this guide are more about educating yourself. Stepping up your business

and analytical skills and getting valuable experience will pay back in the long run. But now, it’s your turn, how or where would you invest your first hundred bucks?

Thanks for reading and until next time.

1 Like

Investment / 7 Practical Hacks To Save Money On A Low Income by nairaab: 2:07pm On Nov 30, 2021
7 practical ways to save money on a low income: https://anthonyex.com/7-practical-hacks-to-save-money-on-a-low-income-how-to-save-money-fast-on-a-low-income/

Do you feel like it’s nearly impossible to save money based on your current income?

While saving money is much easier when you’re making big bucks, it is entirely possible to save money on a low income; therefore in this guide, I will share with you 7 practical ways to save money on a low income and if you’re new to the blog; subscribe

Number 1: Lower Your Housing Costs
Whether you rent or you own, the cost of your housing will be your largest expense every month. Many financial experts suggest that the total of your rent or mortgage payments plus bills should be no more than 35 percent of your monthly after-tax income and while this expense eats up a lot of your monthly income, it also offers the largest opportunity to find cost reductions essentially allowing you to save more money even if you’re earning a lower income


For renters, you can find a cheaper place perhaps a single room in someone’s house to be adequate for your needs instead of continuing to rent a 2-bedroom apartment but if you have no desire to move then it may be time to look into other ways to reduce your current rent

Effective strategies can include negotiating an exchange of your services like doing renovations for a rent reduction or agreeing to sign a longer lease if the tenant security is what your landlord wants.

For homeowners, the advice is a little bit different; small things like turning off the lights and reducing your water usage can lead to substantial savings over time; however, the best way to offset your housing costs is to rent out a room in your home which can easily net you a few extra hundred dollars a month to help cover your bills allowing you to put more money in your piggy bank at month’s end

Number 2: Avoid Debt
If you want to save money while making an income smaller than you’d like, then you must avoid debt at all costs. This is because debt deters you from saving in two ways; firstly, having that means monthly repayments and secondly, debt is almost always associated with monthly interest charges. Avoid loans

The interests accruing on loans could do much more if out into a savings account

Number 3: Limit Entertainment Costs
We all want to have fun but unfortunately for many people, this comes at a hefty cost. Eating out, hitting the bar after work, going to the movie theater and other entertainment purchases can make a huge dent in your budget but luckily doesn’t have to.

When I was younger my main source of fun was going out to the club with my friends but unfortunately, most nights were very expensive, as I got older my attention shifted towards growing my wealth and I didn’t want to lose out on social time with my friends this made me brainstorm new ways to get in quality time with my friends while not breaking the bank.

One of my favorite alternatives has been going on walks with my friends but some other ideas I’ve come up with include having dinner parties at home rather than at a restaurant and watching a movie on Netflix rather than going to the theater

In short, we all need to have fun but we don’t have to spend an arm and a leg to do it


Number 4: Understand Your Wants versus Your Needs:
There’s no doubt that spending money makes us feel good but when you’re earning a low income and have a desire to save, you need to be able to separate your wants from your needs; for instance, you may want to upgrade your phone to the newest model but you probably don’t need to, you may want a new shirt to wear out this Friday but you probably already own plenty of good shirts.

When you’re not making a lot of money you have to be extra diligent and spend only on your core expenses.

So how should you draw the line between want and need?
Anything that relates to my survival is my needs; these are things like food, clothes, shelter, and transportation in their most basic form; sure buying a Ferrari is transportation but in its most basic form, taking the bus also gets you from point A to point B

Anything that falls outside your needs’ group is an extension of things you already own; for example, if you were to upgrade your phone to the new model just to get a camera with an extra 2 megapixels in it

Now, of course, you can’t restrict your spending to the bare minimum forever so if you do want to splurge on an item, here’s what I suggest: set a financial goal you want to achieve like saving $1,000 once you’ve hit the goal, you can then go ahead and purchase the item you’ve been wanting.

This technique is great for 2 reasons; first, it helps you build the habit of forming financial goals, and second, it gives you time to process how badly you want the item as often, we purchase things out of impulse. So, if you want to ensure you save money on a low income you must be able to delineate your wants from your needs

Number 5: Spend Wisely on Groceries / Foodstuffs
This is one of the highest monthly expenses we typically incur, however with a bit of planning and the strategies I’m about to share with you, it’s not unreasonable to be able to cut that in half

The first step in cutting your monthly grocery bill is to plan your meals ahead of time; this will not only be a step in the right direction from a health perspective but it will also ensure that you only eat when you absolutely need to. Whether you realize it or not, we waste a lot of food. Besides avoiding waste, planning ahead will allow you to buy foods that are on sale meaning that your typical $250 a week grocery bill can easily shrink to $200 or less ultimately putting more money in your pocket at month’s end

The second step in reducing your grocery costs is to eat less meat. Meat is by far the most expensive grocery item you can buy which makes it an easy target when trying to reduce your bill. Now I’m not saying you need to become a vegetarian in order to save money but by cutting down your meat consumption or replacing it with cheaper options, you will be able to cut down your grocery bill drastically

The final tip that will help you reduce your food bills is to only bring cash when going grocery shopping. All too often, people find themselves at the grocery store hungry and eager to fill up their shopping carts which are facilitated by the seemingly endless ability to spend on credit; instead, plan out your purchases ahead of time and only bring enough cash for those items you need so you don’t let your hunger get the best of you

Number 6: Practice Zero-Sum Budgeting
When practicing zero-sum budgeting, you are intentionally spending every single Dollar/Naira you make but not in the way it sounds. Zero-sum budgeting involves allocating your income towards each of your expense line items and in your marking, any leftover funds towards the savings or investment account.

Let’s use an example to illustrate this budgeting method; Say you were earning $2,000 a month after tax at your job; using the zero-sum budgeting method, you would allocate this entire $2,000 towards your monthly expense line items; typical expenses include rent, car, payments, gas, groceries, and entertainment but using this method you would also create a line item for savings

The strategy is particularly effective for those who typically get to the end of the month and realize they have no money left for savings but with the zero-sum budgeting method, as long as you stick to your initial budget you will be sure to see your bank balance grow

Number 7: Automate Your Savings
The final step in ensuring you save money even on a low income is to automate your savings. One of the best things I have ever done for my finances was setting up automated deductions from my pay with my employer; in essence, what these deductions allowed me to do was send part of my paycheck directly into a savings account instead of the full amount going right into my checking account.

When I initially set up this process I allocated 10% of my after-tax income to my savings account but over time I found that I’ve been able to up this to about 20% and double my monthly savings. Now I think this savings technique has been so successful for two primary reasons; first, it allowed me to pinpoint exactly how much I wanted to save, in fact by using automated deductions you can set your deduction to the amount you have designated as monthly savings in your zero sum budget which helps you tie the two money saving techniques together. Second, it took the thought of having to save off my mind allowing me to focus on other important things like improving my skills in order to make more money

I often preach that once you have a solid savings technique in place, that making more money is the number one way to save more and by freeing up a mental bandwidth I was able to take on more freelance work; earning the extra income and ultimately boosting my savings

Thanks for reading. Share with people you care about

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Business / Re: 6 Money Traps You Should Avoid In Your 30s, 20s by nairaab: 7:53pm On Nov 26, 2021
6 Money Traps You Should Avoid in Your 30s, 20s
Career / Re: 11 REAL Ways To Invest In Yourself by nairaab: 7:52pm On Nov 26, 2021
Apt

aderemielijah:


The best investment you could ever have is YOURSELF.
Business / Re: 6 Money Traps You Should Avoid In Your 30s, 20s by nairaab: 2:03pm On Nov 25, 2021
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Business / 6 Money Traps You Should Avoid In Your 30s, 20s by nairaab: 2:02pm On Nov 25, 2021
6 Money Traps You Should Avoid in Your 30s, 20s: https://anthonyex.com/6-money-traps-you-should-avoid-in-your-30s-20s/

I want to tell you something about money traps that you should avoid in your 30s

There are six money traps that you should avoid at all costs and I know all of them firsthand

First; Buying A Car That’s Out Of Your Price Range

Nobody really cares at all, so don’t buy a fancy car to impress people you don’t like or don’t know just because you can. You know you need transportation but there’s so much variability in price that you have to spend wisely.


So new cars can be one of the biggest money pits a person can get stuck in. A car fresh from the manufacturer loses about 30 percent of its value in the first year; and half of it by the end of three years

By comparison, if you buy a really solid vehicle that’s a few years old about half price and you keep it in good condition, you’re going to save much on it.

So, learning to protect and enjoy what we already have will make it a lot easier to set aside more income for investing

Second; Buying / Renting A Home That’s Too Expensive For You

Owning a home that increases in value is a really good practical expense but there’s a point of diminishing returns when you are funneling every dime you have into a mortgage or rent on a home that you can’t really afford; then you have no money left for emergencies, you have no money left for investing, and the strain on you, your marriage, everything, can be brutal

Third; Spending Too Much Going Out

We all do this. Although the house, the car are the biggest expenses to a monthly income, however, you would be shocked by the effect the little expenses dining out can have.

So because you have more discretionary income, you’re thinking about stepping it up a little. No! You don’t have to. Everybody wants a little entertainment now and then but you should still budget for it, give yourself a little room to spend on the things you really want to do; that’s great but keep it under control and you’ll enjoy going out and doing that thing you really want to do all the more

For the effort to keep it in your budget, some people I know just put the money for the restaurants into an envelope at the beginning of the month, take it right out of the bank and when that envelope is empty, they’re done going out.

Fourth; Having An Expensive Significant Other

Even if you’re a master of your own money, other people may have a habit of getting in the way of your financial plans in a big powerful way. Failing to communicate about how you’re working, your spending habits, with your significant other is a major cause of relationship trouble for married couples and committed couples. So, if you’re dating or you’re just getting into a long-term relationship, take the advice here

It is very tempting to blow up your budget with gifts and entertainment and travel and what happens is you start to convince this significant person in your life that that’s your lifestyle. So, watch out. Don’t let too many weekend getaways take away your ability to demonstrate who you really are going to be in your future, make your expectations really clear from the start. Live your lifestyle with the person you expect to live your lifestyle with and don’t fake it.


Fifth; Loans or Credit Car Bills

So many people are stuck because loans are easy to access these days; even if you don’t have a solid income with interest rates higher than you can get with really good investing; don’t do loans

Every time you spend money on a credit card or you get loans and you don’t pay it back at the end of the grace period, you are paying with your investment capital for the convenience of spending money. It can be very tempting to go for another one once you match the other ones out, I have done this and all the while, more of your budget gets eaten up with interest payments. It’s a dangerous game, you better not play it

There’s an easy way to stop the cycle, just keep your budget less than your income and stick to it and don’t open new credit cards or get new loans

Finally; Not Investing

Huge Mistake!

Although some people are putting a lot of emphasis on short-term investment gains; getting to your goal of financial freedom is not a sprint, it’s a marathon, the earlier you start the more you can accumulate. So begin investments and begin with planning for financial freedom is all about the balance between paying your expenses, eliminating current debts, and always setting aside money that can help you get to your goal of having the life you want

Life moves really really fast and you do not want to lose track of opportunities. You’re going to have many of them and investing now gives you decades to pick up skills and confidence and watch your money grow. You’ve got to get to it as early as you can in your 30s, 20s

Pay yourself 10% of your income first and live on the rest of it including taxes. 10% of every single paycheck goes into your investment portfolio

1 Like

Career / 11 REAL Ways To Invest In Yourself by nairaab: 4:29pm On Nov 10, 2021
11 REAL Ways to Invest in Yourself: https://anthonyex.com/11-real-ways-to-invest-in-yourself/

What do people mean when they say you have to invest in yourself to be successful?

Every self-help resource out there mentions that an investment in yourself pays the best dividends; But how many people understand how to do that?

We continue our mission of breaking down and giving away highly expensive information for free.


Believe it or not. People pay thousands of dollars for gurus to tell them how to get be “the best version of themselves.” We went through all of the advice these people give took out the bullshit and made our own list.

Here are the REAL best ways to invest in yourself.

1.READ
If you want to really change your life for the better. Honestly, the most accessible thing to do for long term growth and investment in yourself is to learn how to read for growth.

People don’t read books because their teachers forced them to read boring books, and they got turned off on it. Schools actually made you hate the most valuable self-investment tool out there.

The best strategy to pick up a reading habit is, if you don’t like physical books, you can join our reading club where we listen to audiobooks. You can pick any audiobook to listen to for free. Talk to people to a lot of people from different backgrounds and ideologies.

The more you expose yourself to different types of thinking, the more you get to understand the world around you. More often than not, people live in what we call ideological bubbles. You have out with people who are very similar to you. They live near you, they consume the same content as you. They think the same way you do, they vote the same way as you, basically creating an echo-chamber where your ideas get redirected back at you.

The problem is that growth happens only when you expose yourself to new concepts. Growth happens when you either assimilate new found knowledge or the old one gets replaced by better ones.

2. HAVE A MENTOR
In your quest to talk to interesting people, some will become guiding lights for your future.

Pick one of them to become your mentor. If you’re looking to invest in yourself, finding a mentor that’s open to guiding you through life is one of the best investments you can make. Your friends and network are your own personal and professional safety net.

Now, once we’ve said before the higher the quality of your connection, the wealthier you are in life.

Outside of professional and financial reasons to network what kind of life is it where you go through it all without sharing it with people? You care about other people’s happiness, becomes your happiness and the person who doesn’t have friends lacks a big piece of the puzzle we call life.

3. INVEST IN QUALITY FRIENDSHIPS
Sometimes this will mean time; call them right after this article. Sometimes it will mean investing money or other resources.

Keeping friendships alive requires work and both parties are worse off because of it. This point expands on the 2 previous ones.

4. TRAVEL
In our experience, the farther you go, the more your understanding of the world changes in the best possible way.

10 hours away by plane and the entire way people look at life changes. Karma comes into play, or maybe a different type of education, customs and traditions. You realize that there’s an entire world out there that’s been going on forever without knowing or caring that you exist, and that moment of realization is quite a big milestone in one’s journey.

So embrace travel; make it a priority to see hard to reach places, even with the covid situation that we have upon us.

Don’t be a tourist, be a traveler.

Embrace the culture and allow it to shape your identity and you’ll be richer because of it.

5. ACQUIRE NEW SKILLS
The best investment one can make in himself is to acquire new skills in his life.

Skills are like upgrades to the quality of potential outcome of your life.

They’re like valuable tools which you can put to work, which is why we always recommend learning the fundamentals instead of the latest flashy technique. This has been the cornerstone of our entire eLearning efforts.

Every course ANTHONYEX will design covers a fundamental skill to living a better life. Check our courses’ section

In our opinion, the best courses one can take leave you with something you can use for the rest of your life. Once you install one of these skills in your system, you know you’ll always have that tool at your disposal.

If you think spending $15 on a book or $250 on a course is too much money, you’re not there yet in your journey to understand the ROI of You. A single idea from the course or book can make you tens, hundreds of thousands of dollars.

That’s why we’ve never been afraid to spend on things that we know will add recurring value to our lives.

6. IMPROVE YOUR HEALTH
People neglect health when they are young, because they don’t understand the following. Health can work both ways. Most people take away from the future and use that health in the present.

The more you develop, the more you understand the ROI of good health, of good sleep, of the difference between running at 95% brain capacity versus on the fumes that red bull gave you at 3 AM.

Invest time and money in learning about nutrition and the body and then invest effort and money into making sure you’re reaping all the benefits of that knowledge.

This is a piece on the most valuable ways to invest in yourself hands down.

7. LEARN TO SELL
One of the best ways to grow is by trying to sell something.

Selling is one of those fundamental skills which we’d love to cover in a future ANTHONYEX course so we can really go into detail on this.

As with everything, the more you do it, the better you become at it. When you set your goal to sell something, you have to figure out what to sell, who to sell to, how to communicate with the potential buyer and figure out how to deliver and close the deal.

All of these steps can be translated to other parts of your life, which is why practicing selling is one of the best investments you can make in yourself.

8. BE ORGANIZED
The idea of having things organized is something most youths are struggling with. The bad thing is some people never shake it off their entire lives, living in a constant environment dominated by chaos.

Happiness, success and the feeling of calm come as a result of you putting order in the chaos of the world.

Begin by optimizing your immediate environment and expand outwards. Teaching is an incredible tool that we’ve leveraged ourselves. Why? It forces you to rationalize things in a way that is easy to comprehend and follow along.

It’s one of the things we hated most in schools, instead of learning formulas and word-by-word paragraphs, learning should be about understanding.

When you’re teaching someone anything, it coerces you to make sure you have a good enough handle on the topic at hand, so that you can pass on the knowledge. In the process. You’re getting a lot of value yourself for the information you’re teaching gets cemented in the wisdom palace. That is your brain.

9. GET A SIDE-HUSTLE
This is the only pure financial point in this list.

Although everything we mention is indirectly correlated to money and leads to you making more money on the long, run.

Here’s the truth, You can make some money with a really high paying job or by working hard in your business.

But wealth comes from outside of work. The realization that you’re probably not earning much outside of your immediate efforts should hit you like a bag of bricks.

You’re here, because you want to know how to invest in yourself. Well, invest your money so that you don’t have to work for money. The oldest advice in the book.

The moment you’re able to generate a second income stream, that’s independent of you, your life changes.

It might not be a lot, but if you do it right, it’s there to stay. The most important thing is that it’s not dependent on you to bring in more income. Otherwise you just got yourself another job.

10. CLEAN UP YOUR SOCIAL MEDIA PROFILES
We all judge people by their appearances and your social media profiles are the new emperor’s clothes. You’re probably lying to yourself if you think it doesn’t affect you. Clean up your Facebook, clean up your LinkedIn.

Do some press and opportunities will start coming your way.

Now start taking better care of yourself, learn about fitness, about grooming, about personal hygiene and the snowball will keep rolling down the hill in your favor.

11. LEARN A NEW LANGUAGE
Learning a new language has immediate marketplace added value. You will get better jobs or better deals because of it, but that’s not all. When you’re learning a new language, your brain is expanding.

You’re learning culture, you’re learning new structures which all have recurring results over time. It doesn’t hurt that your inner circle increases in value because of your new found passion.

Going to a restaurant in Italy and ordering in Italian makes all our Italian friends throw their hands up and cheer. It gives you the feeling of being embraced by culture and there’s so much value in learning that you can do something like this.

Stop living for other people and start thinking about what you want out of life.

Investing in yourself means taking all of these things we’ve mentioned seriously and purposing them, because you understand and can see that they have a direct beneficial impact on your existence.

Everyone loves to talk about the return on investment or even return on time, but we want to raise the following question. Nobody can make you rich. Nobody can make you fit. Nobody can make you smart.

That’s not them. It’s you. It’s the passion, hunger and desire that you’re channeling for change.

You are the one generating a positive return on your life. The more valuable you are as an individual, the smarter, healthier and more creative You are; the higher your ROI is because when all things come together, you are the one creating the value.

3 Likes

Business / Re: Earn $200 To $1000 Per Day From Google News by nairaab: 6:30pm On Nov 06, 2021
Earn $200 to $1000 Per Day From Google News | How To Make Money From Google In 2021

https://anthonyex.com/earn-200-to-1000-per-day-from-google-news-how-to-make-money-from-google-in-2021/
Business / Earn $200 To $1000 Per Day From Google News by nairaab: 5:19pm On Nov 06, 2021
Earn $200 to $1000 Per Day From Google News | How To Make Money From Google In 2021

https://anthonyex.com/earn-200-to-1000-per-day-from-google-news-how-to-make-money-from-google-in-2021/

This may be the easiest way to make money online without selling anything or doing any kind of marketing.

With this method, you don’t need to build a website or create a channel on YouTube. To be exact, you don’t need any social following or audience whatsoever. All you need to make money with this method is to follow the steps I’m about to show you in this article.

In 2 simple steps, I will show you every step in details, so at the end of this piece, you will be able to start earning money later. I will also be showing you how to earn more money with additional websites and double or even triple your earnings.

STEP 1:
The first thing you have to do is to go to Google type in “Google News” and click on Google News.

Here you will see all the latest articles on different topics. Change the language and location to USA

On the left, you have categories, choose the one that’s more interesting for you, and now you’ll see all the latest articles on different topics within the chosen category/niche

2 ways:

The first and the best way is to research the topic based on the article you found and then rewrite an article better than it.

You can use websites like thesaurus.com to help you find synonyms and more subtitles and ideas and basically sit on your butt a few hours rewriting your own piece of content

The second way, this way is less ethical, but still legit.

It is free and it takes only a few minutes of your time.

The second way is to copy the text from the article you have found and paste it into a software called spinbot.com

Check the “I’m not a robot” box and click on “Go”

Spinbot will rephrase your text and replace the words using synonyms and switching the order, and now you have your own kind of original text

In the box underneath you will see the rewritten text, read the text and make sure it is different and makes sense.

On the other hand, I would suggest using a free chrome extension called Grammarly; download grammarly, then copy the rewritten text to word processor or other piece of software, and you will see this little circle on the right bottom side.

The red color means your text has some mistakes, just click on the text and it will correct the words

But to start you just need free grammarly, and it will help you a lot

Now, you have your new article in your own words and you can use it in 3 different ways to make money.

The first way that you probably heard about is to build your free website with Google sites, Groove funnels, Wix or another free website builder, and to publish many articles.

This is long-term business model and in the back end you will make sales promoting affiliate products or eventually placing ads on your site.

The second way is to make a video from this article using software like Vidnami.

Here you can make a video in 5 minutes. You just paste the article in the box and the AI will find the right footage and music with captions and even a voiceover.

If you don’t want to use paid software or you don’t want to try Vidnami for free. Then you can use video editors like Openshot to edit your videos; publish the video on your channel and wait for the views to come. This way is also long term and the earnings will come mainly from affiliate links or ads.

I have a better way for you here.

STEP 2:
You don’t have to build website and aren’t required to publish any videos. There are websites that will pay you money for your article. Some of them will pay you up to $1 for each word.

If you have a thousand word article, which most of them are, you can earn up to $1,000 for each and every article

I’ll show you a few of those websites and how they work

The full list of websites that will pay you at least $100 per article, you will find below

Think about it, you can make those articles in few minutes or max a few hours if you write them on your own.

If you make one article each day, you can earn at least $100 per day.

Most of those websites will pay you much more and the more websites you publish on, the better, because then you can double and triple your earnings. So let me show you a few of those websites

The first site is Eating Well

Go the website, scroll down, and click on jobs and then when you scroll down, you will see writers’ guidelines; read them all

They pay you up to $1 per word, and this is really great

See below other websites, and you can submit to many websites just make sure to read your article before you submit

You don’t want to send them crappy articles, which I doubt because you got it from Google News

So that’s basically how you Earn $200 to $1000 Per Day From Google News

More sites: https://anthonyex.com/earn-200-to-1000-per-day-from-google-news-how-to-make-money-from-google-in-2021/

1 Like

Investment / Re: How To Invest Without Money by nairaab: 10:32am On Nov 03, 2021
You are welcome. Glad you find it useful
Jossyroyal1:
Thanks for sharing
Investment / Re: How To Invest Without Money by nairaab: 10:32am On Nov 03, 2021
I appreciate manh....join the community on www.anthonyex.com

blahc007:
Thanks bro....I will read this again and again
Investment / How To Invest In 2021 To Get Rich In 2022 by nairaab: 10:30am On Nov 03, 2021
How to Invest in 2021 To Get Rich In 2022

https://anthonyex.com/how-to-invest-in-2021-to-get-rich-in-2022/

How many millionaires do you think are there in the world?

You won’t believe this number, but there are almost 47 million (46.8 million) millionaires worldwide. And guess what? 18.6 million of them are right there in the United States.

Let me give you one more shocking statistic: Every year around 700,000 people become a millionaire just in the United States alone.

It seems like becoming a millionaire isn’t as difficult as many of us are led to believe. But as we all know, it’s almost impossible to become one if you do not learn how to invest.

Most people are interested in the stock market but the problem that many people face is how to find good stocks?

How do you know if it is a good stock to buy?

People usually base their decision on the news.

If the stock is rising and it gets a lot of attention, it must be a good investment and vice versa of course. Unfortunately, that is the worst way to invest. By the time it’s out there in the news, you are probably late.

So here in this article, you will learn how to find great stocks?

How do you find stocks that will rise in value over time?
If you stick around, by the end of this article, you will learn how to analyze stocks like a professional investor.

Why do stock prices mean nothing?

Apple has a valuation of 2 trillion dollars and its stock price is traded at around $120 at the time of this write-up. But, what if I told you that, just in August of this year, Apple’s stock price was $500.

Does that mean that the company was already valued at $10 trillion, and it lost 80% of its value in the last few months? In fact, Apple’s stock price in June 2014 was $645.

Does that mean that the company was way more valuable back then? Not really! That’s why looking at the stock price is not investing!

If it already seems too confusing, don’t worry, because that’s why I am here, to simplify everything for you and turn you into a professional investor in under 10 minutes.

If you take a look at the companies that are traded in the stock market, they have a price tag, but because no one can afford that, they are broken down into many stocks.

The key question is, is this company really worth $768 billion? The answer is NO!

You see, there is a big difference between Price and value. The stock price jumps up and down every single day.

Even slightly negative news that could be fake can drive the price down, however not the value, because the value is what the company is really worth.

For example, in July 2018, Facebook’s earnings weren’t as high as some investors expected, so the stock price fell from $217 to $176.

That’s a 20 percent decline. The company lost 120 billion dollars of market cap in a single day. Does that mean the company became 20 percent smaller overnight? Of course, No! That’s why the stock price jumped back to its pre-decline level and is 32 percent higher now.

So if you want to make a good investment, you have to find out the real value of the company and then compare it to the Price that it’s traded in the market.

If it’s undervalued, it’s a good investment.

If it’s overvalued, it’s a bad investment. It is as simple as that.

In 2002, Buffett came across a company called Petrochina. After analyzing its financial statements, it was clear that this company was worth at least 100 billion dollars, but when he looked at its market cap, the company was traded at just 30 billion dollars, and based on the political climate, it was clear that oil prices would rise, he knew that it was a golden opportunity, so he invested almost 488 million dollars into this company.

Guess what happened?

The company didn’t just reach a 100 billion dollar valuation, but it skyrocketed to 275 billion dollars.

Buffett sold his stake and earned 3.6 billion dollars from this deal.

So the question is – how do you find the real value of a company?
One of the most popular methods is the P/E ratio or Price to earnings ratio.

It basically means the number of money investors is willing to pay for every dollar that the company earns. It’s a simple tool to measure if the stock is overvalued or undervalued.

Let’s say hypothetically, Apple earned 2K dollars this year and has a total number of 1000 shares. Dividing Apple earnings on the total number of shares gives us earnings per share or EPS in short.

This means Apple has earned 2 dollars for every share. To find the P/E ratio, you have to take the Price of the share, let us assume it’s 50, and divide it on EPS (50/2=25). In this example, investors are paying 25 dollars for every dollar that Apple earns.

In other words, it would take the company 25 years to pay you back. A good PE ratio is considered something around 15. Anything higher than that could mean that the stock is probably overvalued. Tesla’s PE ratio is, for example, is 970.

Does that mean Tesla is overvalued? Maybe, or maybe not.

When finding a PE ratio of a certain company, we take into account earnings per share for the last 12 months, but when you invest in a certain company, past earnings don’t matter.

What matters is how much the company is going to earn in the future, which is why there is something called the forward P/E ratio.

Of course, You can’t know for sure how much the company is going to earn in the future, so the number that is used is the average of what experts usually predict.

If we go back to Tesla, despite it having an astronomical PE ratio (970), its forward PE ratio is closer to the earth at 123. This means, That you will have to wait 949 years to earn your money back if you invest in Tesla based on its past 12 month earnings, but experts are calming us down by saying that “don’t worry, its that long, Tesla is going to be much more profitable so its just 123 years” which is why most investors consider Tesla an overvalued stock.

But we all know that Elon Musk is an alien, and he is going to prove everyone wrong, as he does all the time. The price-to-earnings ratio isn’t the most accurate method to value a company, but it’s the simplest way to have a broad idea of how the company is performing.

The company might come up with a revolutionary product and beat all expert predictions. 
 So to make a wiser prediction, you have to consider other analyses as well, such as Price to book ratio (P/B Ratio).

It basically means how much the company is going to earn if it sold all of its assets and paid off its debts. Let’s return back to Tesla. Tesla has Giga factories, thousands of charging stations, offices, patents, and a lot of other assets.

Let’s say they all amount to 100 million, but it also has a lot of debt, let’s say 70 million dollars. If we subtract its debts from its assets, we will get a book value of $30 million. So if Tesla has 10 million stocks, its book value per share is going to be $3 ($30M/10M shares).

To find out how much you will be paying for each dollar, you have to divide the stock price, which is, let’s say $15 by the book value of shares. In plain English, you will be paying 5 dollars for each dollar of assets that Tesla has.

A good price to book ratio is considered something around 1, but sometimes it’s really difficult to put a price on something like an algorithm that Instagram is running on or Snapchat filters. But financial analysis is just one part of the story.

Startups, for example, usually have a lot of debt and not many assets and might struggle with cash flow, but could end up becoming widely successful.

So never rely on financial analysis as the sole predictor of a company’s success, there are many other indicators, nevertheless, financial analysis can give us a better image of how the company is performing.

Thanks for reading and until next time.

Business / 10 Ways To Think About Money by nairaab: 2:44pm On Nov 01, 2021
Welcome to the School of Wealth: https://anthonyex.com/10-ways-to-think-about-money/

I’m going to show you 10 ways you can think about money, so it can impact your life positively.

When it comes to achieving your personal and business goals, money tends to be a great focus on measuring success.

The money mindset is essentially your attitude to cash, so developing a positive mindset about money is crucial for overall success and well-being.

To create a positive mindset around money, you want to rid your mind of all limiting beliefs preventing you from taking action, then start looking at the world through an opportunistic lens to fully achieve abundance in your life.

If you want to discover a positive mindset about money, here are 10 Ways To Think About Money.

Make sure to stay until the end for a bonus tip!

10. Think of Money as a Tool, Not a Result.

For many of us, money is viewed as a result.

Something we gain for going to work.

Something we lose when it’s spent.

We use it to pay our bills and maintain our lifestyles but rarely do we actually think of money as a tool. It’s simply something we have to acquire in exchange for our time and energy.

To the average person, the acquisition of money is a zero-sum game.

One of the most prominent differences between the mindset of the wealthy and the rest of us is that they simply do not view money in this way.

Pretty much every successful person that I’ve ever studied has had a mindset that views money as nothing more than a tool.

A tool to be used to acquire and do more of what they really want. The best venture capitalists in the world understand this concept better than most.

Their success is dependent on their ability to view and use money as a tool for investments.

Here’s a quick example to better illustrate this idea:

Let’s say you have an extra million dollars lying around and you decide you want to finance a new car.

The car payments average out to be about $800 per month. Most people would simply buy the car outright or just start making the payments out of the extra million they have lying around.

But, those with a mindset for wealth, who view money as a tool, might do something as simple as this: Place the million dollars in a savings account that yields a 1% return and then use the $833 per month accumulated interest to pay for the car.

Instead of spending money on the car and taking away from that extra million, the wealthy get to keep their million dollars and get the car too.

While a very crude example, it effectively illustrates the difference in how money is viewed and used by those with a focus on wealth.

When we start to view money as a tool that allows us to grow our wealth and do more of what we want in life, we’ve come one step closer to having a mindset of prosperity.

9. Eliminate Your Scarcity Mindset.

A scarcity mindset is an idea that there is never enough.

No matter what you do, no matter how hard you try, you won’t have enough.

You see things that you would like to have, but then you give up because you assume it’s impossible for you to ever have the means to get those things.

This can make you jealous of others, cause anxiety, increase stress, and make your life miserable to live.

Rather than having your thoughts, which lead to your actions, come from a place of scarcity, your thoughts need to come from a place of abundance.

The scarcity mindset believes you will always come up short.

The abundance mindset believes you have enough and there is enough to go around. Your needs will be met. Having an abundance mindset about money gives you the power to act freely and bravely with your life.

8. Don’t Put Money on an Emotional Pedestal.

If any of you are like me and have grown up without a lot of money, you may have developed some pretty strong negative emotional stances concerning money.

Money was always viewed as a source of stress. Something that directly dictated whether or not I was going to have a good day.

I used to feel strongly (and still do, at times, it’s a work in progress) that my personal self-worth was directly related to what kind of clothes I was wearing, what kind of car I was driving, and how nice my apartment was.

All of this pointed right back to how much money I had in my bank account.

Money should not be such a major thing in our life that it is able to dictate our emotional state or determine our own self-worth.

This closely relates to the first tip that I listed. If we’re able to view money as nothing more than a tool for us to wield, we become the ones in charge of our lives, not the money.

If we’re emotional about money and allow it to dictate our mood, how can we ever begin to use it effectively as a tool?

I mean, you don’t get emotional over a vacuum cleaner, do you? Emotions will cloud our judgment and cause us to make poor choices with our money.

The wealthiest people in the world will tell you, “Don’t get emotional about money.”

While this is sometimes easier said than done, it’s very solid advice. Learning to take money down from that emotional pedestal and put it in our hands, where a good tool should be, is a key step for moving our mindset towards wealth creation. And that puts us in the driver’s seat.

7. Shift From ‘Spending’ Money To ‘Using’ It.

There are many ways you can use money. You can save it, invest it, donate it, or, yes, spend it. You can set up a business, non-profit, or other organization.

You can buy things or experiences. You can save for early retirement, a dream trip, or a big boat. You can invest in your education, your health, and wellbeing, a new startup that’s doing something amazing, or a big public company whose values you agree with.

The trick is to use your money in truly important and meaningful ways. If you always think in terms of using your money well, rather than simply spending it, then you’ll tend to end up with a much more interesting, value-based, fulfilling life.

6. Be Confident.

Your money mindset can change how you think about yourself.

You have an idea of how much you are worth and how much you deserve. That figure, whatever it might be, directly plays into how confident you are.

Never undersell yourself.

Do whatever it takes to remind yourself of that and to live it every day of your life. You are of value, and you are worth it.

Being confident can affect how you feel about yourself and how your employer sees you and can open up doors that were previously closed to you.

Believe in yourself and know you have something no one else in this world does.

5. Fake It Until You Make It.

Start talking to others about your situation as if you don’t have to lie to people; you can just say things like: “my money situation is great; I’m now working on my money mindset, and by the end of the week, month or year, I will make that much of money”

Your wealth starts in your head, see yourself as someone who has a lot of money and above all who deserves this abundance, and imagine how much good you can do with this money!

4. Treat Your Money Like A Friend.

Many of us may have grown up thinking that the love of money is the root of all evil, but that’s not true.

Love is a positive thing. Obsession is what’s unhealthy.

When you see the evil billionaires out there making bad decisions based on greed, that’s not coming from a place of love. That’s coming from a place of obsession.

The greedy billionaires are obsessed with money. They hoard it, and value it over human life, and put it before public health or environmental sustainability.

When you love your money, you treat it like a friend. You pay it lots of attention and help it grow. You don’t allow it to get wasted. You check in on it daily to make sure it’s not depleting too fast.

You sit down with it every week, or at least once a month, and pay close attention to what it’s doing, where it’s going, and whether you can better support its growth and security in the future. That is love

3. Don’t Compare.

Your route to success is different than everyone else’s.

Do not waste your time comparing yourself to others. With the constant updates of social media and the internet, it’s easy to get sucked into making comparisons.

Not only do we overwhelm ourselves as we try to compare ourselves to celebrities and internet influences, but we might even compare ourselves against friends, family members, neighbors, and coworkers.

We rarely compare ourselves to where we were a year ago to see our actual growth. Instead, we tend to compare ourselves against celebrities, the hyper-wealthy, or people that are well beyond us.

This creates unrealistic expectations and leads to disappointment.

Comparisons take away from focusing on your own success and development. Constantly trying to compare your success to those around you is a waste of time and is never worth doing.

2. Start To Love Money.

Ok, that one should be easy for you. The fact that you are here shows that you probably won’t have any problem with point number 2, love money. But it is still very important, so I wanted to add that one to the list.

You can not build a positive money mindset if you have any negative feelings towards money.

Being wealthy is a good thing! Money IS NOT the root of all evil. It’s the people that use the money the wrong way!

When evil people have money (and with the money usually comes the power), then, of course, this can have a negative effect. But that has nothing to do with the money itself.

Think about all the great things wealthy people can do. Think about someone like Sir Richard Branson, as a great example. And you don’t need to feel guilty for loving money.

If it makes you uncomfortable to have a lot of money and know that others have to live in poverty, then help them. Give money to charity, or even start your own charity. So if you have negative feelings about money, turn them around, Think of all the good you can do with it.

1. Banish “I Can’t Afford” From Your Vocabulary.

Closely related to the “not enough” narrative, is the “I can’t afford” narrative.

It’s time to change that up. Money mindset coaches have a simple fix for this one.

Every single time you hear yourself saying, or thinking, “I can’t afford this”, substitute it with “How can I afford this ?”.

It’s a small change, but potentially a powerful one. There is often a way to afford something small.

A budget tweak. A lifestyle change. A sacrifice (or postponement) of something else you want.

When it comes to the bigger stuff, then it’s a case of drawing up a long-term plan. Maybe you need to earn more, or save more, or develop a side hustle.

In theory, you can afford a lot of what you want. It’s just a case of working out the how.

Quick bonus tip:

Most people are limited by their beliefs. Some of these beliefs can be conscious, but most of them are subconscious and foundational beliefs you’ve had since childhood.

A positive money mindset fights against those beliefs and changes how you view money. By changing your relationship with money, you empower yourself to use it to reach your goals, rather than being a slave to your beliefs.

When your relationship with money changes, your reality will transform as well.

Investment / Re: How To Invest Without Money by nairaab: 2:41pm On Nov 01, 2021
Glad you found it useful!

pumpingiron:
nairaab
thanks for the cents
Investment / How To Invest Without Money by nairaab: 10:58am On Oct 30, 2021
How to Invest Without Money

https://anthonyex.com/how-to-invest-without-money/

I started having the dream of becoming rich, and there come a big problem. If I believe what my parents have been telling me since I was a child, that money is the foundation for more money, then, I’ll have to accept my fate and endure poverty for the rest of my life because everyone around me is poor

So if my parents, uncles, and aunties are poor, and money is the foundation for more money, then, since I was born by poor parents, I have to remain poor.

That destiny seemed darker than what I wanted to accept so I became curious.

I started reading every book that came my way because I wanted to know what the rich say about money instead of what my poor parents say.

My first breakthrough came when I read a book by Clement Stone; “Success Through a Positive Mental Attitude“. Reading these books, for the first time in my life, I came across the acronym, OPM which is Other People’s Money.

Wow! Now I see a new possibility.

Though I was yet to figure out how to get or use Other People’s Money, the mere fact that there’s something like that makes me break away from my parents’ and societal poor mindset about money. I was excited.

If truly there’s something to be called, Other People’s Money, I am going to learn everything I can to know how to get and use it. I continued reading.

Then I read Think and Grow Rich and that further my understanding about OPM and getting rich.

My final breakthrough came in around the year 2008. I read Creating Wealth by James Allen and You Can Negotiate Anything by Herb Cohen.

In creating wealth, James Allen told the story of how he claimed on national television that he could buy a piece of Real Estate Property without any money.

The journalists decided to take him up on his claim and set him up. He threw Allen into a city he never knew he was going to be and without money, he bought a piece of Real Estate. This story got me crazy and nothing in the world could stop me.

I said to myself, “If someone could be so smart that he could go to a city without money or connections and buy a piece of Real Estate, I just have to figure out how to do this”.

In You Can Negotiate Anything, Herb Cohen breaks down the three simple strategies you can use to get whatever you want from other people and that includes getting capital and resources to invest.
Reading that book is a game-changer for me and I’ll forever be grateful to God for sending me such a book. For the last 11 years and six months, I’ve been able to get money and resources to invest, again and again, even from some unbelievable sources and this is how it all started.

It all starts from your mind
I know you’ve been hearing this for a long time and I’m sorry I have to tell you again; the game is in your mind.

Though positive thinking has become a cliché in our society, the truth is; if you think you can do something, you’ll look for every possible way to do what you think you can do and if you think you cannot do anything, you’ll look for some excuses.

My parents always say that money is the foundation for more money. If I had believed that, then, I’ll simply tell myself, “Well, since I don’t have money, I cannot make more money”. But I threw away that belief and that’s the first thing I asked you to do; throw away everything poor people thought you about money.

Throw away the mindset that it takes money to make money because it doesn’t have to take your money.

I can tell you several of my exploits. I can tell you how I raise capital from strangers even though I had no collateral.

I can tell you how I got people to give me their hard-earned money so that I can invest and I did this year after year till the point when I no longer need capital. But it all started when I decided to change what I believed about money.

So, if you truly want to invest without money, you have to open your mind and change what every poor person you know tells you about money.

Everyone Needs Capital
This is another truth I wish you know; everyone needs capital and everyone needs the same capital.

Let me explain. Give me three boys who are 15 years old.

One of them wants to be an Accountant, the other wants to be a Lawyer and the third wants to be an entrepreneur.

In our society, we are made to believe that the first two boys who want to be Accountants and Lawyers need school while the third boy needs capital.

I’m sorry; that’s not true. All of these boys need the same thing and that is knowledge.

In other words, the real capital anyone needs are knowledge and I have a story to prove this.

In the year 2009, I traveled to a town in my country with the hope of starting my manufacturing business there, except that I had no money.

I called a friend and he sent me some money but not even up to 10% of what I needed. But I started my journey anyway. I knew what I wanted and that was; a manufacturing space, a residential space for me to live and the trust of the supplier of the raw materials needed.

Having read Creating Wealth, You Can Negotiate Anything, and other books, I believed I could get those things I needed even though I had no money. Well, I did get everything I needed.

Yes, I was rejected a few times. But when you believe something is possible, you’re not only going to try again after rejections, you’re going to be attractive to people because your confidence will convince them that you’re worthy of their support.

Again, the real capital everyone needs are knowledge; the same knowledge which makes a lawyer employable is the knowledge that makes you get the resources you need to invest.

So, if you hate books, you probably won’t ever know how to get the capital you need to invest.

You can’t possibly want to invest in other things until you have learned how to invest in the most lucrative business of your life which is your mind.

Yes, your mind is the most lucrative business in the world and if you are too lazy to invest in the most lucrative business, why do you want to invest in something else?

What do you want to invest in?
A few weeks ago, one of my friends came to me to tell me about Forex Trading.

He wants to invest in Forex and he needed me to support him financially. I love him but I didn’t support him. Hmmm, now you know that I’m a bad devil. But that’s not it.

You see, when I hear my friend talking, I know that he doesn’t know what he’s talking about and that’s another problem most people have when they want to get other people to invest in their ideas.

Don’t deceive yourself; most people who have money to invest in your idea are very smart, extremely smart. If you want to see this in real life, watch Shark Tank on YouTube.

You’ll see how Sharks can easily see the loopholes in your ideas and that’s what you’ll encounter anywhere you try to get others to invest in you because usually, people who have money have been either entrepreneurs or investors for one or two decades.

These people know fake enthusiasm, fake ideas, and fake market evaluation so when you sit in front of them to talk about your idea, they can smell the rat 10 miles away and that’s why they won’t ever want to support your idea.

In the case of my friend. I can easily see how he underrated what it takes to make money in Forex Trading and when someone underrates what it takes to build any business, you know they will throw your money into the lagoon.

So, what do you want to invest in?

How passionate are you about such things?

How many hours have you spent studying that industry?

How many people, experts have you met to ask questions?

How crazy are you about that industry?

Don’t think you can fake the enthusiasm or the understanding of the market value or anything because anyone qualified to invest with you is probably going to be smarter than you and just imagine 15 years old trying to deceive 25 years old.

Often, it’s pretty obvious.

So far I had told you my stories; how I threw away what my parents believe about money and embrace a new possibility. Until you do the same, you can’t get resources to invest in because the battle is in your mind.

I challenge you to first invest heavily in yourself and I recommend that you start with a few books I mentioned above. I also advise you to bury yourself inside whatever you want to invest in.

if you are like my friend who simply thinks he can harvest money with Forex Trading, nobody will ever support you because they will smell your fake enthusiasm even before you start taking.

Cheers

1 Like

Science/Technology / Re: German Made Solar Products! Now In Nigeria by nairaab: 3:34pm On Oct 25, 2021
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Science/Technology / German Made Solar Products! Now In Nigeria by nairaab: 12:51pm On Oct 25, 2021
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Investment / How To Invest In US Stocks From Nigeria – How I Invest $1,000 Or Less! by nairaab: 11:49am On Oct 25, 2021
How to Invest in US Stocks from Nigeria – How I Invest $1,000 or less!

https://anthonyex.com/how-to-invest-in-us-stocks-from-nigeria-how-to-invest-1000/

In this article I’ll quickly show you how to invest in US stocks from Nigeria, what you should know before you do invest, and how I am investing in the US Stock market.

If you’re new to the website, welcome and if you’re returning welcome back, I’d love it if you could share this so more people can benefit from this article. Without further ado, let’s get to it.

The first thing you want to know is what is your reason for investing.
Before I move on, I want to say that this article is for educational purposes, I’m not qualified to give investment advice so these are sort of risks I’m taking to show you guys as an example.

So why are you investing?

Well, according to an article from Royal Bank, Owning stocks can help you build your savings, protect your money from inflation and taxes, and maximize income from your investments.

They are risky and you should only invest in what you understand and the portion of income you don’t need for emergency purposes. So still on the article, the first part is about Building your savings.

You can save money by investing in stocks which is a more advanced way in a sense. It is known that stock prices tend to rise overtime so saving your money in an asset class that might actually go up in value is super beneficial and can pay off in the long run.

Although, the stock market fluctuates a lot, you don’t want to treat this like you’re gambling, you actually want to take a long term view. If you look at the charts of many strong companies or corporations, they have historically risen or smoothened out over a long period.

Also, this idea of growing your money can infact help you stay protected from inflation.

We all know how the Naira has gone from the 300 Naira to a Dollar all the way to 500 Naira to a Dollar this year. So you see, cost of living has gone higher. The dollar price did not change at all but because I earn in Naira, I am forced to pay more for the same value.

If you are ready to earn in Dollars, join our affiliate program

There are also some companies with stocks that pay you dividends, which is a distribution of a portion of the company’s profits to shareholders like you, for having shares in the company. Not all stocks will pay dividends but some do.

Okay, so how am I investing in US Stocks from Nigeria?
I’ve covered this, I think twice before but now, there are many apps like Bamboo, Risevest which I’ve talked about before, there are many others as well but the one I’ll be using is Trove.

Trove let’s you invest in publicly traded stocks in Nigeria, China and the US.

You can get access to stocks, ETFS, REITs and bonds. You can fund your account easily with Naira or Dollars and that’s just what I did AND fun fact, if you download the app, you get a free stock from GTBank or Dangote Sugar

Trove takes a 1% service fee, it’s more from some brokers but essentially this is how they make money by helping you execute your trade in the US Stock market.

I bough the same amount in TESLA, Facebook, Google, Amazon and Apple, I invested in these companies because they are all tech companies, I’ve been involved in technology for almost 5 years of my sort of professional career so I kind of have a fair knowledge of how these companies operate.

Again, you want to invest in quality companies that you understand and you have reasons to believe their brand values. I also did invest in the S&P 500 which is what is called an index. Think of it like a basket of stocks and this basket consists of the top 500 companies in the US.

Again, investing in the US stock market or any other stock market is a way of future proofing your cash, rather than letting it stay in a bank account and letting it get bank charges and more.

Again guys, this piece is more for the purpose of education

Thanks

1 Like

Business / 8 Ways Your Money Is Stolen From You Everyday by nairaab: 10:38am On Oct 21, 2021
We all desire a bigger bank account, but you’ll need to do more than just think optimistically to avoid making the same financial blunders you do almost every day.

From billionaire investors to LinkedIn career counselors, we’ve gathered financial advice from the best in the business and today we’ll show you how your money is stolen from you every day, so grab some popcorn and a pen and paper:

Here are 8 Ways Your Money Is Stolen from You Everyday: https://anthonyex.com/8-ways-your-money-is-stolen-from-you-everyday/

Business / Re: 10 Legit Ways To Make Money And Passive Income Online - How To Make Money Online by nairaab: 12:31pm On Oct 16, 2021
Pick one and stay focused
Business / 10 Legit Ways To Make Money And Passive Income Online - How To Make Money Online by nairaab: 10:05am On Oct 16, 2021
...................culled from [url]Anthonyex.com[/url]

Did you know you can actually make money online?

Yeah that’s right, and all you need is a computer or phone with internet access.

So, I’m going to show you 10 websites where you can actually start making some side cash, legit ways to make money or if you are really serious, some good Money! isn’t that amazing!

On some of these websites you can actually make as much as a $100 a day or even more, and the best part is, you don’t have to quit your 9 - 5 job, you can make this money, working in your free time.

On the internet, there are two distinct ways of making money.

The first way is active income.

With active income, its like your normal 9 -5 job. You only get paid for the work you do. If you do not work, you don’t make money, as simple as that.

The second way is through passive income.

This is my favorite method because, with passive income, all you do is put in the work once, and the money in theory should keep rolling in, without you having to do any more work other than maybe promoting what you have made, or in some cases what other people have made.

So let’s get into the 10 websites to make money online

1. Upworks.com

Upworks is a website for freelancers.

With Upworks you are making active income. Businesses and individuals post services on Upworks that they would like to outsource such as article writing, video editing, app development, coding, there are tons of jobs and services being outsourced on Upworks. The beauty of all this is its low barrier of entry, you just have to be good at something.

If there is something that you are good at maybe graphic design or coding or just about any skill, head over to Upworks and start making some money.

Here's a tip if you are considering working on Upworks, have a robust profile that looks good, this will drastically increase your likelihood of receiving job offers from potential clients.

Displaying your best work or highlighting specific experience can and will help you stand out.

2. YouTube

Not a lot of people know this but, you can actually make money with YouTube.

If you are considering getting into YouTube to make money, make sure you understand one thing clearly, if you are planning on starting a brand new channel from scratch, you first have to reach the YouTube minimum threshold to get monetized; which is you will need 4000 watch hours, and 1000 subscribers in the last 12 months.

Once you have reached that, you can get monetized

How much can you make on YouTube?

Honestly as much as you want! As long as you keep uploading good content that people are willing to watch, and the longer the video the more money you can expect to make, you can make anywhere from 1$ to thousands even hundreds of thousands of dollars.

The more views you are getting, the more money you can expect to make, and also you get more subscribers!

With YouTube, what you are earning is passive income, make a few videos and they should keep making you money consistently.

You can also make money with YouTube through paid sponsorships, but with paid sponsorships you will need a large audience, usually a minimum of 10k subs to do that.

You can also make money through affiliates, but we will get to that later

3. Amazon.

Although Jeff Bezos did start off the company selling books, Amazon now sells almost anything you can think of. It’s not just a site for buying your favorite toys, you can actually make money with amazon.

3 Ways to Make Money on Amazon

The first way is Amazon Mturk –

Mturk is kind of like Upworks, it’s a place where businesses outsource work that is too difficult for a computer program to do, such as audio editing and transcribing, translating audio and video from different languages, testing webpages, writing reviews, and a whole lot of other services.

You can make as much as $20, $30 an hour, by working on a few different tasks. This is a legit may of making money, and they do pay. This is active income though.

The second way is Amazon kindle publishing.

Turn your ideas into an eBook and make money today. Every time you buy an ebook from Amazon, Amazon and the publisher make money, and you can too.

The thing with kindle publishing is, you first need a book to sell.

You can either write this book yourself or you can hire someone to write it for you. You don't have to be an established author, or find a publishing company to do this. You can actually do this from the comfort of your home and start earning some passive income.

Sounds awesome right? and the best part is, it’s absolutely free, so sign up and start making some money.

Amazon takes care of the money handling shenanigans… and you can sit back, relax on your couch, while making some good old… passive income.

If you are really interested in kindle publishing, I highly recommend you do more research on this topic. You can find free videos and tutorials right there on YouTube that will teach you the basics. If you want expert advice, you might have to first pay for a course.

Some people make over $100,000 publishing Kindle e-books on Amazon. It’s definitely a market to look into.

The third way is Amazon associates program.

This is a very popular and easy way of earning passive income. All you do is sign up to the amazon associates program which is free, then you can pick from thousands of products Amazon sells on their website and start promoting.

Amazon will give you a special link, and every time someone buys through your link, Amazon will give you a commission anywhere from 5% – 10% of the sale.

Amazon will pay you 60 days after a purchase and you can chose to be paid either through Amazon gift cards, Wire transfer to a bank account – although this is currently only available in the US but if you live outside America you can be paid via cheques, or you can have the money transferred to your Amazon account and start buying stuff with it.

4. Clickbank.

Clickbank is a marketplace for product creators and affiliates to make money online by selling their courses or services to the world.

Clickbank only sells digital products, but the beauty about Clickbank is that the commission payout is so much higher than that of Amazon.

Some affiliates pay you as much as 75%, for selling their services, while others pays as low as 5%, so keep that in mind. But with that said, you can make some really good money on Clickbank, hundreds or even thousands of dollars.

Simply head over to Clickbank.com, pick something to sell and start making money.

5. Flippa.com

Flippa is the number one marketplace for buying and selling online businesses.

It attracts a huge audience, and it offers great tools to increase visibility, it’s an auction site really much like eBay, for those selling and buying digital assets, such as websites, apps, domains, shopify stores and amazon FBA accounts.

If you are good at making apps or even websites… you can actually sell it online and make some money. Or better yet, if you have some money lying around and you are interested in buying either websites, apps, or ecommerce stores… that are already making money, you can do so with flippa.

What happens is, you place a bid, much like eBay and if your bid is the highest, then congratulations because you just bought yourself an online business. You can also make money by selling online businesses.

6. Shutter stock

Basically shutter stock is a platform where you can buy or sell digital media, such as pictures, music and video clips. Mainly created by freelancers and third parties, so if you might be particularly good at photography, taking amazing pictures and videos; or really good at making sick beats, you can monetize your talent on shutter stock.

The way you make money with shutter stock is every time someone purchases one of your pictures, you get paid a commission, usually a couple cents to a few dollars, if you are lucky.

The trick to making a lot of money with shutter stock is to consistently keep uploading high quality images.

7. Rover

Do you like pets? Dogs in particular? If so, then you should probably check out Rover.com

Rover is a dog sitting service, but this is currently only available in the US and Canada. So if you live in any of those two countries then you can register as a dog sitter, and get paid for babysitting dogs.

You can make anywhere between $80 - $100 a night, just by watching someone’s dog! You can literally make hundreds of dollars a week by just babysitting someone’s pet. Now how about that for a deal?!

8. Takelessons.com

Take lessons is a website where you can teach any skill.

Everyone has a skill that they can teach, whether that might be teaching someone a language, how to cook, how to play a musical instrument, how to solve complex math equations, etc.

Anything that you think someone else might not know, you can teach people on Takelessons, and start making money.

9. Fiverr

You have probably heard of Fiverr mentioned a lot of times, because it’s a simple and easy site to start making money.

But if you haven’t, basically it’s a freelance website where you can literally outsource anything and I mean anything… as long as its legal, for as little as $5 There are so many different ways to make money on Fiverr, just to name a few.

You can do animations, Logo Design, Packaging Design, Web & Mobile Design, Social Media Design, Photoshop Editing, Architecture & Floor Planning, 3D Models & Product Design, T-Shirts & Merchandising, SEO and so much more.

If there is anything that can be outsourced, you can most likely find it on fiver. Head over and check out Fiverr guys, it a legit of making money.

10. Drop shipping.

With drop shipping, what you are basically doing is selling someone else stuff for a small or large profit without having to deal with the shipping.

So basically you are acting like a broker or a middle man. You can do this by opening up a shopify store and then linking it up with oberlo. Oberlo is basically an app that integrates with shopify, and it is what a lot of people use to source for stuff that they would like to sell on their stores.

The basic principle of drop shipping is, you create a store or any channel where people can buy stuff from you. Then once they buy something from you, you pay the manufacturer, usually for a lot less then what you got it for, and then have the manufacturer ship it to the customer.

All without you ever seeing or touching the product. The best part of drop shipping is that you set your own price of the product you want to sell, then take the profits and pay the manufacturer the rest.

So yeah that’s drop shipping in a nutshell. If you are interested in drop shipping, there are a ton of tutorial here on YouTube, that will show you the step by step guide of creating your store, finding products, advertising, finding influencers, and finally shipping and getting paid.

It’s a bit complicated to start, especially in the beginning, but you can make a ton of money… with drop shipping. With that said, thank you for watching guys, please subscribe, enable notification and I will see you on the next one.

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