Maplewood Covenant Business The 5 Steps You Need to Follow For Effective Visualisation

The 5 Steps You Need to Follow For Effective Visualisation

The 5 Steps You Need to Follow For Effective Visualisation

A surprising number of people think that success and money come simple. Well, the only way that happens is if you inherit it, otherwise, money does not come easy. It takes commitment, work and focus. I’m not going to attempt and charm you into thinking that you’ll be able to get what you want by ‘believing’ in it. Nope. You’re going to need to work for it.

Initially you need clarity, and to get that you need to do the real, tough work of visualisation. Yes, it’s a serious part of the wealth-building process, so be prepared to give it the time and focus it deserves. Visualisation can be broken down into 5 primary actions.

Step One: Clarify Your Objectives

I am constantly shocked by how many people I meet have no idea what their goals are. It’s crucial that you actually comprehend your own objectives. Don’t be substandard here. If your objectives are ‘to succeed’ or ‘make more money’ then you either have no creativity or you’re slouching. Believe particularly. The objectives you set requirement to be important to you, something you’re prepared to work your ass off for, and they require to be particular.

Step Two: Live the Goal

In action two, you need to picture that you have achieved your objectives. This is not daydreaming about the future. It is actually reflecting on a reality that you have produced. For visualisation to work, you should produce a vividly real understanding with your conscious and sub-conscious mind that you’ve accomplished your objectives. Push through any awkward feelings, as this is crucial to your future success.

Get yourself into a deeply relaxed state. With your eyes closed, look at your environment. Where are you? How does it smell? What does it look like? Listen to yourself engage with individuals around you. Who are they? How do they respond to you? How does your truth look now that you’ve accomplished your objectives? Relish the sensation of your life now that you’ve done what you set out to do. Let each of your senses inform you about this truth. You can do this for minutes or hours, however do it often enough that you can quickly remember it.

Step 3: Shape the Course

Now, concentrate on the very specific steps you had to take to reach that reality. Picture yourself doing the work. This is the part that can often be missed in visualisation exercises. It’s obviously important to know what you needed to do to reach your dreams.

Step Four: Take Note

When you come out of the visualisation, write it down! File each and every single step that you saw in part three of the visualisation workout. Review what you have written. This is your new life plan if you want to achieve the result you visualised.

Step Five: Take Action

Start at the beginning and don’t end up being paralysed with the fear of failing. This is not the time to procrastinate. Look at what you need to do and do it. This is your life. Do not ignore it.

Conclusion

Visualisation can be easily written off as a new age trend. I understand from my own experience and the experiences of others who have achieved great wealth that visualisation is an important and necessary action in the process of structuring personal wealth.
What do you believe? Follow me on my John Sage website and social networks to talk more about visualisation and other wealth structure tools.

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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.

Top 10 Pitfalls Of Digital SignageTop 10 Pitfalls Of Digital Signage

So,you’ve decided your business or institution will be well served by adding a new digital signage network. Now what?

Where to turn and what to do can be confusing,especially if you’re responsible for your organization’s communications or IT department,but don’t really know anything about a digital sign. While there are many good companies in business to help you achieve your goals,you can make the endeavor easier and far more successful if you avoid the problems many before you have encountered when rolling out and maintaining their digital signage networks.

Having worked with hundreds of customers on their digital signage needs,we’ve seen a lot of difficulties that could easily have been avoided -along with the associated delays and added expense- with a little knowledge up front. As the saying goes,forewarned is forearmed. So,keep these Top 10 Pitfalls in mind as you plan your new network to make the experience smooth and rewarding.

No. 1: Lack of a clear purpose

Someone in your organization,has read digital signage can make marketing messaging more effective. It can reach potential customers at the point of purchase,promote desired behavior,target different demographic groups associated with different times of the day,and do so many wonderful things.

But what exactly does your organization need to accomplish with it? That’s the seminal question. Without clearly defining the purpose of a digital signage network,it is impossible to find success in any phase of its deployment or use.

Taking the time up front to define the expectations for the system and write them out on paper for the approval of key management will provide direction and focus effort on attainable goals. Struggling to fulfill a nebulous purpose for the flat-panel sign network will rack up unnecessary expense and leave everyone connected with the project frustrated.

More information on business signs

No. 2: Taking on digital signage as an IT project

“Digital signage network,” the very words sound IT oriented. While there’s a lot of IT technology involved with it,taking it on as an IT project is dangerous.

While highly skilled,the typical IT manager does not have the background nor the experience needed to roll out a successful digital sign network. There’s a powerful temptation on the part of IT managers to look at dynamic signage playback as if it were a Microsoft PowerPoint presentation. It isn’t.

PowerPoint does an excellent job at making business presentations,but how many TV stations rely on PowerPoint to create and playback the programs,commercials,news and promotions you see nightly? Exactly zero. With respect to playing back video,graphics,text and animation,layering multiple visual elements and building and maintaining a playout schedule,a sign network is much more like a TV station than a boardroom with a projector and a PowerPoint presentation. Keep that in mind if an IT manager volunteers to take on your organization’s project.

No. 3: Lack of content

Congratulations. You have a digital signage network. What are you going to display? Having a network without content is like having a newspaper without print. There’s just a whole lot of nothing and overwhelming sense of emptiness.

Communicating in some form must be part of the reason behind the decision to add a sign network. However, there is no communication without content. Fortunately ,many organizations have existing resources to draw upon that can be repurposed as digital signage content. Logos, commercials, promotional video, print advertising, plans and drawings can all be reused in whole or part to communicate a message on a sign network.

Additionally, RSS Internet feeds are a tremendous resource for updating a sign network with fresh “newsy” content,weather and sports scores that can give an audience a reason to take a second or third look.

Regardless of where it comes from, content is critical to the success of a sign network. Knowing where it will come from is as important as actually having the network in place.

Click here to read more on signage

No. 4: No one assigned to manage the project

While it’s not like designing the International Space Station,putting a digital signage network in place can be a complex undertaking. For that reason,it’s essential that any business or organization taking on a sign network assign someone to manage the project. Having an individual identified to own the project will minimize the impact of the unforeseen problems that inevitably creep into any complex undertaking.

Just as bad as having no one assigned to manage the project is its closely related cousin: management by committee. Offering up conflicting directions from multiple individuals will leave your system integrator bewildered and your project incomplete.

No. 5: No one to update content

While RSS feeds and subscriptions to news wire services are two sources of fresh information for a digital signage network,where will updated content conveying your company’s specific messages and current offerings come from?

A dynamic sign network that attracts attention has an insatiable appetite for fresh content. Thus,it’s essential that an organization taking on a sign network assign a qualified,competent person to the task of creating that content. Without someone in charge of the network’s content,the text,graphics and video being displayed will soon grow tired. Stale content will have the opposite of the desired result for a digital sign. It actually will drive viewers away and impart a sense of “been there,done that” that will be difficult to reverse.

No. 6: Taking the cheap way out

There’s nothing wrong with being budget conscious about a digital signage installation; however, selecting products, including displays, controllers and software, and services like content creation solely on their price tag can result in a system that in the long wrong will cost an organization dearly.

Systems designed solely on the price of the component miss the point. Digital sign networks are about communicating information -perhaps a marketing message, maps and directions or instructions- to their intended audience. Spending money on an inexpensive system just because it’s cheap could cost a business or organization far more than the money saved in lost opportunities.

Click here to read more on signage

No. 7: Not knowing the locations of the signs

Knowing where your organization wants to locate the flat panel monitors in its digital signage network is important for a few reasons. First, locating the digital sign media players needed depends on where the sign or signs it’s controlling are located. The length of cable runs between player and sign must be taken into account. Clearly defining the location of the signs will allow you to minimize construction/renovation expense and avoid paying for “do overs.”

Second, understanding exactly where the signs will be positioned will make it easier to understand what will be needed to mount the flat panels in use. Are wall studs available where a sign will be located? Or,will a freestanding structure be required? What’s the condition of the wall studs? Is electrical power available? What’s the status of ambient light sources? Will a window or skylight need to be shaded to reduce glare?

Third,not knowing where the signs need to located may be a symptom of a bigger problem,namely not having a clear idea about the purpose of the digital signage installation.

No. 8: Installers without general contractor capability

Installing digital signage can be messy. Drywall and plaster may need to be cut. New electrical plugs with isolated grounds may need to be installed. Beyond those obvious construction challenges,less apparent structural modifications may be required. Those can vary from relocating HVAC ducts to re-enforcing walls.

For that reason,choosing a digital signage installer without the skill and experience to serve as a general contractor for the project can be a big mistake. Depending on the specific installation,it’s not unreasonable to assume carpenters,electricians,plumbers and even heating and cooling contractors might need to be involved to make necessary structural modifications. Having an installer who can serve as a general contractor to bring those diverse resources together and manage them properly can save lots of time and expense.

No. 9: Failing to allot adequate time to learn the system

Far too often,the people responsible for new digital signage installations at businesses or organizations are so excited about their systems that they can’t wait to show them off to upper management. After all,a significant sum of money went in to making the digital sign network a reality. So showing it off as soon as possible only seems natural.

However,creating content for a system,scheduling it and making changes to playback along the way require some skill. It takes time to be properly trained to use a sign network. Failing to allocate sufficient time to learn how to use the system not only could be embarrassing in front of management,but disastrous to your communications efforts with the general public,if they’re your first audience.

No. 10: Failing to keep future expansion in mind at the time of initial design

Designing yourself into a box when first contemplating a digital signage network can be costly. Without casting an eye towards future needs,it’s possible that portions of the network might need replacement before they’ve been amortized to accommodate expansion.

Without exception,experience shows that businesses and organizations that fund the addition of digital sign networks express interest in expanding their systems after they’re installed.

Take these lessons to heart as you proceed with your digital sign rollout,and you’re much more likely to have a successful experience. More importantly,your company or institution will avoid costly mistakes that will delay the installation and prevent your communications from having their desired effect.

OASDI Limit 2024 Update: MaximizeOASDI Limit 2024 Update: Maximize

Last year, we saw a significant shift that rattled the foundations of Social Security contributions. This year is no different; 2024 brings another wave as the oasdi limit 2024 climbs higher than ever before.

You’ve heard whispers at work about it or seen headlines flash across your screen. It’s time to get a clear picture because this change isn’t just news—it directly impacts how much you’ll pay into Social Security and what your future benefits might look like.

I’m peeling back the layers on these new rules so you can see exactly how they play out in real dollars and cents for both employees and employers alike. Stick around—knowing this could make all the difference when planning for retirement or crunching payroll numbers.

Understanding the OASDI Limit in 2024

The OASDI limit, which affects your paycheck by deducting a portion of it for Social Security taxes, is an impactful part of the Old-Age, Survivors and Disability Insurance program. For those scratching their heads, let me break it down: The Old-Age, Survivors, and Disability Insurance program caps how much of your Income can be taxed for Social Security each year. And guess what? In 2024 this cap is jumping up to $168,600.

What is the OASDI Limit?

The OASDI limit, or Social security wage base, acts like a ceiling on earnings subject to that familiar social security tax we all love to hate. It’s like saying “You only have to pay up until here; after that enjoy your hard-earned money.” This isn’t just an arbitrary number though—it’s pegged to average wages which means when we’re all making more dough on average, Uncle Sam adjusts his slice of our pie accordingly.

This leads us into why this matters: if you earn under $168,600 in 2024 (which most people do), every dollar earns its own little shadow called FICA—yep that pesky payroll tax—but if you soar above that amount? Well then congratulations high-flyer. Your additional income gets off scot-free from these particular taxes.

Calculating Your Contributions

You might now wonder how they decide who pays what. So let’s get down with some math fun—you contribute a steady rate of 6.2% towards social security taxes from each paycheck until your earnings hit that sweet spot—the wage base limit ($168,600). Once there however it stops even if salary keeps climbing because there’s no need for wings where eagles dare not perch—or something poetic like that.

Your employer matches this dance step-for-step contributing another 6.2%, so together both are grooving at a combined total rate hovering around 12.4%. But before self-employed folks start feeling left out don’t worry—we haven’t forgotten about you. You guys get double dipped since technically being both employee and employer which brings us to paying full combo meal deal at said tasty tune of 12.4% solo style—all without any fries on side unfortunately.

How the OASDI Limit Affects Social Security Contributions

Buckle up buttercups because changes in these limits affect everyone involved—from workers diligently watching deductions disappear from their paychecks right through companies doing the actual deducting themselves. Employers must keep tabs to make sure correct withholding happens based on updated figures, or else they might face the wrath of IRS spirits come audit time—and nobody wants that kind of unexpected surprise.