Maplewood Covenant Business How Well Do You Know your Own Mind?

How Well Do You Know your Own Mind?

By John Sage sales coach

Congratulations! You’ve made it to the next instalment in my Guidelines of Life blog series. In the last edition,we went over the value of having guidelines,how to create your own guidelines,and a couple of other tips to adopt a wealth mindset.

Let’s not waste any time and get to the next three rules. These are a bit various than the last,and I want you to think of the time you invest reflecting and evaluating past choices.

Guideline Five: Know thyself

I ask you: do you really know yourself? Do you understand your practices,failures,successes,insecurities,and so on?

We have blinders on in our everyday lives. It doesn’t matter whether you’re driving to the doughnut store or signing a multi-million-dollar property investment offer,you’re probably not looking closely in the mirror.

The thing is,all of the very best investors worldwide know themselves within and out and you can too with a little bit of practice.
It’s everything about understanding your process for examining investment decisions. If you can develop a system to objectively understand the danger and benefits of a choice,you’ll make better choices in the long-run.

More from John Sage sales coach:https://medium.com/@john_80411/rules-of-the-game-rule-1-there-are-no-rules-dbff7a9fbc44

Rule 6: Ethics and value exchange

I wish to stop for a minute to make one thing clear: these are 2 various things that I’m describing.

Ethics are the overriding concepts that direct you throughout life. They’re your morals,principles,and assist to keep you from losing control of your life. With these ethics,navigating struggling waters becomes much simpler as you basically already have a roadmap to utilise to base all of your decisions.

Value exchange,on the other hand,describes the procedure of wealth exchange. To build wealth,you require to give something of value on your side of the exchange.
You can’t have one without the other,and if you wish to end up being wealthy and adopt a wealthy state of mind,you require to establish values that you can then exchange. To put it simply,to construct wealth,you need to add value.

Rule Seven: Integrity

Anyone can lie,cheat,or take in the investing world. In truth,Hollywood motion pictures like Wall Street and others reveal this practice and have actually moved the public’s understanding. Let me tell you one thing: you won’t make it really far in the long-run without some integrity.

Individuals get the liars and cheats in the investing world,and although you might get some short-term success,it will run out,and your track record will be garbage.
To cap off this blog post,I want to summarise a couple of points:

� To make it throughout life,you require to understand yourself. You need to come in person with your successes,failures,fears,requirements,and wants.

� You likewise need to define your core ethics in life. What principles assist you? When you can determine this,you can begin adding value to wealth exchanges.

â? Lastly,you require to have integrity and do whatever truthfully. It might take longer to see success,but you’ll have much better luck in the long-run,build more powerful relationships,and more steady wealth.

John Sage Sales Coach – Direct To Your Inbox

The last three rules await you in my next blog. Subscribe to this blog and follow me on social networks to never ever miss an update! www.johnsage.com.au

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Possible 2025 IRMAAPossible 2025 IRMAA

For retirees in Medicare the tax of IRMAA is happening and at a more alarming rate than ever before, so much so that the future of IRMAA will impact many more retirees than anyone is planning for. The 2025 irmaa brackets are expected to affect even more retirees than the current brackets. Each IRMAA tier has a corresponding marginal tax rate that determines the additional premium part B and part D surcharges.

In 2007, when IRMAA first came into existence, roughly 1.7 million Medicare beneficiaries were hit with this tax.

Today, in 2023, the amount of people in IRMAA is over a staggering 6.8 million. This is an increase of 9.00% annually from 2007 and the future doesn’t look like it will decrease either.

 

What is the Future of IRMAA?

According to recent reports from the Trustees of Medicare, by 2030 there will be at least 12.8 million or 25% of all eligible Medicare beneficiaries in IRMAA.

This amount of Medicare beneficiaries who will be in IRMAA, according to the Trustees, must occur, regardless of what the IRMAA thresholds may become as the program itself (Medicare) will be insolvent in just a few years without it.

IRMAA is simply a revenue source for both the Medicare and Social Security programs, without it both programs will be in serious jeopardy. The Social Security Administration uses your modified adjusted gross income (MAGI) to determine your IRMAA tier and corresponding marginal tax rate.

 

What is IRMAA?

IRMAA, short for Medicare’s Income Related Monthly Adjustment Amount, is a surcharge on to of Medicare Part B and D premiums for those who earn to much income. The income-related monthly adjustment amount (IRMAA) is based on your modified adjusted gross income.

IRMAA is a tax on income.

If you earn an income over a certain limit, then your Medicare premiums will increase accordingly. The more you make in oncome the higher your premiums will be. Your adjusted gross income, as reported on your tax return, is used to determine if you are subject to the income-related monthly adjustment amount. The marginal tax rate for IRMAA can be as high as 85% for the highest income tier. 

Compounding this issue of IRMAA and its surcharges is that any surcharges you are hit by will reduce your Social Security benefit too.

 

You pay for your IRMAA surcharges through your Social Security benefit.

So, the more income you earn in retirement the more your Medicare premiums will be and the lower your Social Security benefit will be too. For married couples filing jointly, the IRMAA threshold is higher than for single filers. The Social Security Administration determines your IRMAA tier and premium part B and D surcharges based on your taxable income.

Modular Construction and Structural Parts Of A Modular BuildingModular Construction and Structural Parts Of A Modular Building

Modular construction is the practice of constructing or building the building structure using prefabricated,pre-assembled parts instead of individual elements. Modular construction is a very practical,cost effective,and environmentally friendly alternative to traditional construction. It eliminates waste by eliminating the need for materials and labor.

In modular construction uses large pieces of metal. These sections are “assembled” together to form the “frame”. These frames can be made of one material or several different materials. One popular material used in construction of this type is steel.

The frame structure is constructed with screws,which then anchor the assembled sections into place. The holes in the frames serve as entrances and exits for the sections. A variety of industrial methods are used to produce the frames,which can be one or several pieces of steel.

Prefabricated sections can be manufactured for sizes up to six by six feet. When several sections are to be installed,a smaller section is “cut” into two sections and attached to each other. When these sections are secured to each other,they are now called a “column” section.

The next section,the “pan” section,is then attached to the pan section. The pan section can also be joined to the other sections. These pan sections are not used alone but are joined together in order to create the entire frame. All of these sections must be purchased separately.

The use of modular construction uses panels to make the frame. All panels,which are made from a variety of materials,must be purchased before they can be used. Panel fabrication can be done in a variety of ways,such as via CNC machines,through hand-forging,and using sheet metal,aluminum,and fiberglass for the panels. The panels that are constructed from the frame are attached to each other via welds,rivets,or glue. These panels are then fastened into place. Each panel has either four,five,or six threaded inserts that fit into holes on the frame. The inserts then provide mechanical connections.

The vertical connections are made through rivets,screws,and hex nuts. The bottom holes are used to screw in the panels that are used in the frame. The panels can be stored in the sections until they are needed.

Sections can be purchased for all of the panels that have to be constructed. A single panel can be used for the frames,or it can be used for a variety of purposes. For example,the sections can be used to build a loft bed for a small bedroom or bathroom.

The frame and sections can be purchased together or separately. The frame sections,when purchased together,can be used to build a single room or it can be used to build multiple rooms. The frame sections can also be used to build a combination of rooms,such as a bathroom and living room or a bedroom and kitchen.

Once the frame section is built,it can be bolted to the bottom portion of the frame. An outside framing strip can then be attached to the top portion of the frame. A roof can then be constructed using the aluminum strips.

The manufacturing process of modular construction is also significantly less expensive than traditional construction. This process allows for mass production and relatively large quantities. The parts are also able to be assembled and disassembled much more quickly than with traditional construction.

Why Customer Reviews Are So Important to Your Marketing and BrandingWhy Customer Reviews Are So Important to Your Marketing and Branding

The right marketing strategy will allow you to boost your services and products to local and global audiences very effectively,communicating the right message to the right people. Every local and national brand with a great story to tell deserves an attentive audience to say it to. However,even as you & your company have done no wrong,there will always be the inevitable naysayer who will spout their feelings all over your social media,whether it be out of a feeling that it’s just not “enough,” or out of jealousy for success. These could turn off the potential audience you want to target,no matter how attentive they are. Here’s how to combat unfair negative reputation and build a strong wall of defense that ensures the solidity of your brand online,especially inspired by the way Clint Arthur has become famous for teaching his students how to do so.

Brands need a powerful and economic platform to take action with their consumers. As new ways of communicating,pulling,and reaching customers leads develop,so do strategies that are equally modern.No matter what business you are in,you require a website,and it must be a superior one that convinces people that YOU are the go-to person in your industry. Writing profiles of your perfect customer allows you to find services and products that are best fit for them and market them to them more effectively — and it is especially vital to constantly seek their feedback on their experience with you and how you’ve served them.

You may not know how to utilize it to actually increase sales and income,once you have a customer profile.No worries: one easy way to do that is to feature their feedback prominently on most-viewed areas of your website.Promotional campaigns can gain from a public relations professional such as Clint Arthur who knows how to mold your reputation and image in an excellent way.

Consider,also,what people see when they Google you. Install Google Search Console on your website and let it collect data for a while. This will give you a great overview of what key phrases people are using to search for you organically on Google,so you can see what the search results look like on these phrases,and see if there is any prominent negative result that needs to be combatted with an SEO reputation management campaign.Great reviews will attract new consumers and help your business stand out among your competitors,so be sure to feature them in external SEO marketing materials just as prominently as you want to do your website. It is well worth the time it takes to set up.

Positive reputation will create even more happy customers who are eager to support your establishment for years to come.When you see the value of customer attention to an organization then you can start to apply the proper resources to your customer service section.

Too lots of marketing firms make huge promises,but are not able to move through after you start with them. Naturally,you want to veto a marketing agency by public customer feedback and reviews of their services. This is a great chance for you to compare companies who have a solid reputation marketing strategy,vs. those that don’t. The most successful companies will most likely be excellent at showcasing their customers speaking of great experiences. This is the kind of reputation strategy you want to model YOUR own brand after,and that’s the kind that has taken to very well as a professional entrepreneur.