How to Make Money With Google Adsense On Blogspot.com

Making money online really is an easy task, but most people fail because of them not having much faith is their various online businesses, and also their failure to recognize that it only takes time for any form of business to mature.

This is for those who have a blog on www.blogspot.com and want to make money using Google AdSense.

Instructions

Step1 First, you should have an established blog on www.blogspot.com. It is recommended that you have at least 20-25 blogs already written and a few followers.

Step2 Next, go to the "customize" option on your blogspot. Choose the "layout" option.

Step3 Here, you are given the option to "add a gadget." Click on it and scroll down to the "AdSense" option and click on it.

Step 4 Next, start promoting your blog to others, begin forum posting and be sure to add your blog link at the signature place via your “Profile” before you begin your posting so that anytime any reads your article on that forum, he/she will be tempted to click on your blog link and that will automatically redirect him to your blog. You make money every time someone clicks on the ad. I made about $9 my first week.

Step5 Change the layout of your ads on your blog. Also try placing them in different places where people can see them. And I would even let others know about it so that they can support your venture and possibly do it for themselves.

How to Get Free Traffic To Your Blog

There are many ways to get your blog noticed with a few easy steps. The idea with each of the methods I have provided is to get your blog indexed in the right places, where it will be found.

Step1

The first place to list your blog is with google blog search. This is done with one simple step, just go to //blogsearch.google.com/ping and submit your url.

Step2

The second best place to list your blog is at www.technorati.com . With technorati you can list and manage multiple blogs.

Step3

Another great option is pingomatic.com This site allows you to send pings as often as needed to 20 different indexes with one submission.

Step4

These three options are a great place to start and should help to build free traffic to your blog. Also, submit your blog url to as many other free blog directories as time allows. I have provided a link to free-to-submit directories below, under the Resources heading, titled "Free Blog Directories."

How To Setup Your Free Blog

There are three main action to be taken to get your free blog setup and they are:

Create account Name blog Choose template

The first requirement for setting up a blogger blog is you registering for a “gmail” email account, which I believe everyone knows how to go about doing that.

1. Creating Blog Account
After you must have created a gmail, the next is to get started with Blogger, visit the Blogger homepage at www.blogger.com and click on “CREATE A BLOG” and it will take you to a new page where you are required to enter the email address you have just created and the password you intend using for your blog. “display name” and accept Blogger's “Terms of Service”. Then click on “Continue”

2. Naming Your Blog
As soon as it takes you to a new page, you are required to input your “blog title” (the title will appear on your published blog, on your dashboard and in your profile).

The next to the Blog title is your Blog Address (URL). The URL you select will be used by visitors to access your blog. As soon as you complete imputing the URL, click on “Continue” to have your way to the next page where you are to choose a template.

3. Choosing A Template
On the template page, there are about 12 templates for you to choose from.

What is a template?
A template is the design that determines how your blog posts appear; it is a way to give a uniform "look and feel" to your main blog page as well as its subsequent archive pages.

Now that you know what template is, it’s recommended you choose a preferred one that would suite our blog posts. To avoid mistakes when choosing, you can easily tick any template that you fancy amongst the 12 templates, then click on the link “Preview Template” right below that template you ticked and it will pop up a sample blog page showing how your blog will look like if you finally choose that template for your blog post. When you are through with your preferred template selection, click on “continue” to finalize your blog setup and get ready to start posting.

UNDERSTANDING A BLOG

Introduction

Blog marketing is the term used to describe internet marketing via web blogs. These blogs differ from corporate websites because they feature daily or weekly posts, often around a single topic. Typically, corporations use blogs to create a dialog with customers and explain features of their products and services.

Many organizations use blogs with their user community. This allows them to share and preview product features, functions, and benefits before the products are released. Blogs are an excellent way to gather feedback and to make sure products meet the needs of users; it has become the next generation marketing tool to corporate websites.

Blogs are web sites that allow you instantly publish content about a certain topic or theme."

Blogging then is defined as the act of publishing content with blog. But...publishing content with a blog and publishing with a regular web site are like night and day both in how they work and in what they are used for.

So what then is the difference between a web site and a blog?

A regular web site is designed to publish content for all manner of reasons. Regular web sites are static and infrequently updated. Regular web sites are great at content delivery but they can also be impersonal in how they publish content and inform their audience.

Blogs are instant publishing tools that allow you easily update your content often. Blogs are said to be dynamic content delivery systems and even content management systems. Blogs are published as two-way conversations that are more personal than web sites and are humanized by the voice of the very human blog publisher who is generally the one actually publishing content and responding feedback from readers.

As a matter of fact, one of the free internet money making machines today is the combination of Google adsense and a blog (Blogger). Blogger is a kind of blog that offers free services and can integrate favorably with google adsense. If you have been looking for a free and easy online business that requires virtually no finance to setup, then this is for you.

UNDERSTANDING AFFILIATE PROGRAM

Affiliate marketing is an Internet-based marketing practice in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate's marketing efforts.
Affiliate marketing is also the name of the industry where a number of different types of companies and individuals are performing this form of Internet marketing, including affiliate networks, affiliate management companies, and in-house affiliate managers, specialized third party vendors, and various types of affiliates/publishers who promote the products and services of their partners.

Affiliate marketing overlaps with other Internet marketing methods to some degree, because affiliates often use regular advertising methods. Those methods include organic search engine optimization, paid search engine marketing, e-mail marketing, and in some sense display advertising. On the other hand, affiliates sometimes use less orthodox techniques, such as publishing reviews of products or services offered by a partner.

View illustration picture at the right hand side

INTRODUCTION TO AFFILIATE BUSINESS
The simplest way to profit on the Net
Someone else has done the hard work of creating a product, producing sales copy and promotional material, and handling orders, while all you need do is lead customers to their site using advertising.

HOW TO CHOOSE AN AFFILIATE
Some of the below factors should be considered.

1. Can you make money from the product?
Don't be swayed just by high commission figures or multi-tier payments. You need positive answers to both these two questions
Is it a product that people want and will buy? Consider how it will fare alongside the competition.
Is the commission rate sufficient to make your efforts worthwhile?

2. How effective is the sales page?
Visit the sales page of the product to confirm that the sales copy does a good job of selling the product. Be aware of the various ways that can lose out on your commission. (These are explained in the following tip in this section.)

3. Check out the affiliate support
The merchant should provide you with much more than just a link to join the affiliate program. Check for any useful promotional material - sample ads, articles, solo mailings, endorsements/reviews, signatures
Ideally there will be an affiliate mailing list so that the merchant can convey useful news. You want someone reliable who won't disband a program or make rule changes without telling you.

4. How many affiliate programs should you promote?
If you plan to put a number of affiliate products on one page then the more you have the more diluted the effect. The exception being if they all relate to the same topic

Otherwise if you keep them separate you can have as many as you like but do not underestimate the work involved for you on the administration side such as
* Different procedures for signing up
* Different ways of creating affiliate links
* Different methods of payments, at different intervals
* handling ongoing communications from every program.
A good compromise is to use a company which contains many affiliate programs under one umbrella. They consolidate your commissions into one payment and have a standardized format for affiliate links with no individual sign-ups required.
The most popular of these, handling digital products (e-books, software), is ClickBank.

Beware! You can lose your commission
As an affiliate you want the visitor to read through the sales page and hit that “order” button with you getting credit for the sale. There are a number of reasons why this does not happen

1. There is an overt link to an affiliate sign up page. So your potential customer could simply become an affiliate and purchase the product through his own link.
2. There are many external links which distract the visitor from reaching the order page.
3. The merchant captures your commission, for example
There are offers to join a mailing list or claim a free report: you should get credited for any sale ensuing from these leads but an unscrupulous merchant may follow up and make the sale via his own link.
Similarly the merchant may use a pop-up upon exiting a site to convert a leaving visitor into a sale for which you do not get the credit.

4. Your product is just one of many unrelated products on a page – it may be a put-off for the potential customer.
5. Remember ClickBank mentioned previously?
If you are a ClickBank affiliate and the merchant offers multiple payment options (such as Paypal) then if ClickBank is not chosen you do not get the commission.

So you have seen a list of reasons why you are not getting those commission checks.
What can you do about them then?

Never link directly to an affiliate site

You should never openly use the URL that an affiliate program provides for you.
You should link instead to a page on your own site which then leads to the affiliate program.
The reasons?
1. On this page you can provide your own introduction to the product or service you are promoting. This can include, for example:
- Additional detail not available in your posting or advert
- Your own personal experience
- A review of the benefits
2. You can provide links to the rest of your site in case your visitor is not interested in that affiliate product.
3. Your own site traffic statistics will indicate the response to your advert in addition to any stats provided for you by the affiliate company.

4. You can submit the page to search engines.

5. With the real URL visible there is a risk that the reader removes the suffix (agent code) so that you do not get registered as the affiliate agent

6. If the affiliate operation becomes discontinued you can inform and divert visitors at your own website, rather than have them visit a non-existent page.

Why you should conceal affiliate URLs - and how
It's a proven fact that many customers will not click on an affiliate URL at your site.
Maybe they resent seeing commission paid to an affiliate, maybe they feel less security when buying from an affiliate.
So, suppose they see a link looking like this in the browser status bar
http://www.abc.com/123
Where '123' is your affiliate code.
They may decide to bypass the affiliate code and just type in the home page URL
http://www.abc.com
And that means you lose out on the commission.
Here is how to conceal not only the affiliate code but anything about that URL which may indicate it is an affiliate link. Use some Javascript.
Then 'ABC' will show in the browser status bar instead of the URL.
But what about the case where you want to send out that URL in an email ?
That's an easier target, ideal for commission theft as you will see in the next tip.

Watch out for commission theft
Certain affiliate link formats are not 'protected'.
In other words they have a simple format such as http://www.abc.com/123
and if you display that in an email type message, for example in a newsletter, then your reader can substitute his own affiliate code and claim commission on his own purchase.
So you need to protect (or disguise) your link, and there are a few ways to do this:

Use a redirect file
Use a 'short URL' service
Use an ad tracking link A

Getting the edge over rival affiliates

Here are two ways to stay ahead of the competition
1. Your potential customer may have visited several sites, all promoting the same affiliate programs as yours, before deciding to purchase.
So what can you do to convince him to return to your site and buy?
You announce a special offer, stating that you will provide a bonus (give details) if they buy from you. Tell them to send details of the receipt after purchase.
2. As an affiliate, once your visitor clicks on your affiliate link, you have lost him.
If he visits the product site and decides he is not interested there is no way you can get in touch and persuade him.
And even if he does purchase there are some affiliate programs which don't reveal the name of the customer so you would be unable to follow up with further promotions.
So is there a way you can make contact?

Yes - you should offer a free report or free e-book which resells the product, but they may have to signup or register with their contact details. You then have the contact details and can do whatever follow-up is necessary.

STARTING ONLINE BUSINESS FROM THE SCRATCH

INTRODUCTION

Starting your own business is a dream that many people have. However, few persons follow through on their impulses to start a business because they think that they don't have enough money to start a new venture. With the advent and development of Internet commerce, starting a business can now be done with little or no money. An online business needs a solid business plan. If you truly want your business to succeed, you will need to have a determination to make it succeed. It will not happen by itself. You will need to work and work hard. Read on to find out how.

Evaluate what skills, equipment and assets you have already that you can use to start a business. For example, if you have a computer, Internet access and writing skills then you can start up a freelance business with little or no money. Determine what type of business you want to start. Take into consideration your interests, your current skills, how much time you want to spend on your new business and what types of businesses you can handle. Research your business options; if you are interested in online businesses then you may want to look at the following options.

BUSINESS STARTUP OPTIONS
* Selling your handmade goods or services on your website
* Selling or resells items on an auction site such as eBay, Amazon etc
* Selling freelance or article write-ups
* Become a reseller of hosting, movies, e-book or software
* Become a virtual assistant to a company
* Join a home-based business such as: affiliate marketing, referral club, multi-level-marketing (MLM), Google adsense, online survey and many others…….
Whatever you decide to start as an online business, determine to yourself to do it well. Do your homework. Research the business in and out. Know what you are doing. When a customer or client asks you a question, you should know the answer. Become an expert in your field or craft.

THE BASICS IN STARTING A SMALL ONLINE BUSINESS
Step 1 WEBSITE/BLOG CREATION
Now that you know what kind of business you want to run, you should be ready to get a website. If you do not feel or know how to create a website on your own, hire someone good. You do not want it to appear incomplete, and if having a website is hard for you at this time, then go for a blog; what matters in an online business is the way and manner you gain traffic or clients to your business and not what tool. Make sure the person or company has experience with creating keyword rich content for you on your site/blog.
Step 2 SITE AND URL NAME
You will need to pick out a great url name for site or blog. The web address or URL is very important. It should consist of keywords that describe your business or your products. This will help people find you when they search for your product.
Step 3 MERCHANT ACCOUNT
You will next need a great way of accepting payments online. You can, by all means, allow your customers to send you a check as payment, but you need to setup a policy concerning holding the check until it clears, you can also use other e-payment systems.

Step 4 MARKETING FREE AND LOW COST
Once you are all setup, you will need to market. This is a crucial step in your business succeeding. After all, if no one knows about you, no one will buy from you.
Step 5 SOCIAL NETWORK
If you are tight on funds, start out by network marketing. Network marketing is free and very beneficial to your business. Go to forums, blogs, and social networks such as, Facebook.com, Bizstuffs.com, Ryze.com, Ning.com, and create your own profile on 360 at Yahoo.com.
Step 6 Join as many networks and neighborhoods as you can. Invite people to be your friend. Leave posts and comments. You will be able to leave your site or product information with URL in your comments or signature line.
Pay for some pay per click advertising like Google Adword. Watch this closely. It can drain your pocket book if you do not put a limit on the spending.
Step7 KEEP TRACK OF YOUR ROI (Return on Investment)
You should keep a spreadsheet of your spending verses your profit. Keep all your receipts.

Step 8 When you begin to make a profit put the profit back into marketing the business for a time. This will greatly pay off and you will be able to enjoy a much larger profit in due time.
Step 9 CUSTOMER SERVICE
Customer service is another vital aspect in having a successful and profitable business. It is key to have excellent customer service. A bad report can spread like wild fire. Treat your customers with genuine respect and kindness. Be courteous to them. Try to understand their point of view and their needs.

HOW TO OPEN and VERIFY PAYPAL ACCOUNT FROM NIGERIA

UNDERSTANDING PAYPAL

PayPal is an e-commerce business allowing payments and money transfers to be made through the Internet. PayPal serves as an electronic alternative to traditional paper methods such as checks and money orders.

A PayPal account can be funded with an electronic debit from a bank account or by a credit card. The recipient of a PayPal transfer can either request a check from PayPal, establish their own PayPal deposit account or request a transfer to their bank account. PayPal is an example of a payment intermediary service that facilitates worldwide e-commerce.

PayPal performs payment processing for online vendors, auction sites, and other commercial users, for which it charges a fee. It sometimes also charges a transaction fee for receiving money (a percentage of the amount sent plus an additional fixed amount). The fees charged depend on the currency used, the payment option used, the country of the sender, the country of the recipient, the amount sent and the recipient's account type.

ACQUISITION BY EBAY
In October 2002, PayPal was acquired by eBay for $1.5 billion.[9] PayPal had previously been the payment method of choice by more than fifty percent of eBay users, and the service competed with eBay’s subsidiary Billpoint, Citibank’s c2it, whose service was closed in late 2003, and Yahoo!'s PayDirect, whose service was closed in late 2004.

EASY WAYS TO OPEN AND VERIFY PAYPAL IN NIGERIA
Is there any point in venturing into Internet business if you cannot make or receive payments? Every Internet marketer needs a reliable online payment solution. And when you talk about a reliable online payment system, the first one that readily comes to mind is Paypal. Yes the same Paypal that you hear of all the time. This is arguably the best and most reliable online payment solution that has been embraced by majority in the Internet business community. And since this is the case, to be successful in your Internet business, you must align your Internet business style with the status quo.

Before now, owning a Paypal account has been something unclear as our dear country Nigeria is not on the list of countries allowed to own and operate Paypal account. And this is partly responsible for our inability to leverage the enormous power of Internet marketing in Nigeria.
Truth is you can actually open a normal Paypal account in Nigeria, but you will not be able to verify such account. And without a verified account, you will not be able to make or receive payment with your Paypal account. So, the crux of this lecture is to show you how to open as well as verify your Paypal account so that you can tap into the endless Internet business opportunities.

What does getting verified means?

To be verified means that you have successfully linked a confirmed US or any other approved country’s account to your Paypal account or that you have been approved for a Paypal Plus Credit Card or Buyer Credit Card.
It helps confirm your identity and increases the overall security of Paypal system.
Getting verified offers you many personal benefits too; some of which we shall be seeing in the course of this discussion.

Step-by-step on how to open your Paypal account from Nigeria

ACCOUNT OPENING REQUIREMENT
(1) An email: A free email like yahoo email is okay.
(2) A permanent IP changer like www.ultrasurf.com , www.hotspotshield.com/launch via download websites to your PC or use proxy sites like: www.ninjacloak.com (Note: The use of proxy sites is not 100% safe)
A liberty reserve account: you can open that by going to http://www.libertyreserve.com, it is free and easy to open, and they allow all country.
Be mindful that you MUST NOT access any link that has to do with paypal directly for safety reasons.
PREAMBLE
We are going to use a non European address and non- European Victual Visa Card in the registration and verification of the paypal account. We shall get any non-European address that paypal accepts their country and also get a non European virtual card from www.Virtual-cc.com
(1) Go to www.virtual-cc.com , click on the card for paypal verification and then choose non-European card
(2) Type the amount of unit you want to buy and put your email, this is the email they are going to send the detail of your card, click on calculate price.
Then you click the link to buy the card through Liberty reserve, follow the process of paying through the liberty reserve, the card presently is $7.50, so your liberty reserve account will be charged with $7.50.
(3) In about an hour the card detail will be sent to your email. Note: you have to use this card within 24hrs.
(4) Get a non European address, look for a non-European address of a country that paypal accepts and use it in your registration with paypal or you can choose from my list “.
(5) Go to www.google.com type the yellow page of a non-European country that paypal accepts e.g. china yellow page.
A list of links from google comes up; choose a link that has to do with addresses of businesses.
It will now demand that you should put the category of business address you are looking for, just type computer stores or Beauty salons etc, to give us addresses of these businesses.
Use the detail address of any of the addresses that comes up in your registration with paypal.

You can use any of the address below; just change the number of the address so that it will not be completely identical will another person.

* Address: 248 Xizang Zhong Road
City: Shanghai
Zip Code: 200001
State : Shanghai
Country : CHINA
Phone: +86 21 6122 8888

* Address: 62 Fuxi Street
City: Taiyuan
Zip Code : 030002
State : Shanxi
Country : CHINA
Phone : +86 351 868 9292

After the detail of the visa credit card has arrived in your email go to www.paypal.com to start your registration.
Never do anything with paypal with an IP of a country that paypal does not accept, so you have to use a proxy site, IP changer or anonymizer for this whole deal, you can use www.ninjacloak.com , www.skweezer.com , www.vtunnel.com .
In the search box given, type www.paypal.com and click search or enter on your keyboard.
When you get to paypal site, click on signup
Choose China for example as your country and choose premium as type of account and continue.
Fill the other detail, you can use your normal name, type the email and password you want to be using for your paypal account, use the address detail you have gotten above to fill the form, the number in the address is the post code, put the city and the state and then put China as the country of citizenship.
Fill every other part of the form and click sign up at the bottom.

When you finish this session don’t go further, go straight to your email and confirm your email before coming back to put your virtual card.

You still need to do two things:
1. To confirm your email.
2. To verify your account by adding a card.
You will need to hide your IP when you are accessing your email to confirm your paypal email because by clicking the link paypal sent to you, you will be re-directed to paypal website and if you don’t hide your IP when accessing your email, paypal will discover your real IP and limitation will be placed on your account.
So, first type www.ninjacloak.com, then in the search box type the website of your email like www.yahoomail.com and then enter your email, when you get to your email, click on the email sent to you by paypal, when you get to the email, click on confirm your email, it will demand for you password, put it and get your email confirmed.

Login into your paypal account and go ahead and click on the Link and confirm my Debit or Credit Card? to add the Visa Virtual card and get verified. Don’t forget to hide your IP.
Fill the form with the detail of the Card sent to your email.
Card Type:- Choose Visa
Card Number:- Add the card number
Card Verification Number: Add the CVV2 Number.
Check the Use this Address as billing address. To use the address you used in filling the form for your billing address.
Click on Add card
Your card will be added to your account but it will be demanding for the 4 digit number. Go to www.virtual-cc.com , at the top of the site you will see “Request PayPal Code”
In the space below it, type your card number and the email you used when buying the card and click on send request, you will be told that a notification when your VCC Number is ready and will be sent to your email.
Be checking your email, that notification will be sent under 30mins, after you’ve seen the notification, go back to the site www.virtual-cc.com and re-type your card number and your email and click on send request and instantly you will see something like XXXX PAYPAL the XXXX represent the 4 digit number you are looking for which would be use for your final stage of verifying your account.
Go to www.paypal.com again and sign in with your email and password (Don’t forget to always go through a proxy e.g. www.ninjacloak.com ).
Look for a link to supply your 4 digit number, click on it and add the 4 digit number gotten above.
Immediately you add it you will see that your account would have been verified.

IN SUMMARY

1. Get email Address.
Get a liberty reserve account & load it with $10.
3. Get an IP changer or a Proxy site
4. Get a non-European virtual card via www.virtual-cc.com
5. Get a Non European Address
6. Fill a paypal premier account
7. Confirm your email
8. Add the virtual Card to your account
9. Add the 4 digit number.
If all the pre-exquisite are available, it doesn’t take more than 2hrs

INVESTMENT

INTRODUCTION
In the world today, investment has become the foundation of wealth building. I firmly believe that at the end of today, financial world won't seem so complicated once you learn some of the lingo and major concepts.
I must emphasize, however, that investing isn't a get-rich-quick scheme. Taking control of your personal finances will take work, and, yes, there will be a learning curve. But the rewards will far outweigh the required effort. Contrary to popular belief, you don't have to allow banks, bosses or investment professionals to push your money in directions that you don't understand. After all, no one is in a better position than you are to know what is best for you and your money.
Regardless of your personality type, lifestyle or interests, this brief meeting will help you to understand what investing is, what it means and how time earns money through compounding. But it doesn't stop there; We will also teach you about the building blocks of the investment world and the markets. This lecture will give you some insight into techniques and strategies and help you think about which investing/business strategies suit you best.


WHAT IS INVESTING?
It's actually pretty simple: investing means putting your money to work for you. Essentially, it's a different way to think about how to make money. Growing up, most of us were taught that you can earn an income only by getting a job and working. And that's exactly what most of us do. There's one big problem with this: if you want more money, you have to work more hours. However, there is a limit to how many hours a day we can work, not to mention the fact that having a bunch of money is no fun if we don't have the leisure time to enjoy it
You can't create a duplicate of yourself to increase your working time; so instead, you need to send an extension of yourself - your money - to work. That way, while you are putting in hours for your employer, or even mowing your lawn, sleeping, reading the paper or socializing with friends, you can also be earning money elsewhere. Quite simply, making your money work for you maximizes your earning potential whether or not you receive a raise, decide to work overtime or look for a higher-paying job.
There are many different ways you can go about making an investment. This includes putting money into stocks, Forex, bonds, mutual funds, or real estate (among many other things), or starting your own business. Sometimes people refer to these options as "investment vehicles," which is just another way of saying "a way to invest." Each of these vehicles has positives and negatives, but shortly we shall be discussing some of these that are accessible here in Nigeria.
The point is that it doesn't matter which method you choose for investing your money, the goal is always to put your money to work so it earns you an additional profit. Even though this is a simple idea, it's the most important concept for you to understand.

WHAT INVESTMENT IS NOT
Investing is not gambling. Gambling is putting money at risk by betting on an uncertain outcome with the hope that you might win money. Part of the confusion between investing and gambling, however, may come from the way some people use investment vehicles. For example, it could be argued that buying a stock based on a "hot tip" you heard at the water cooler is essentially the same as placing a bet at a casino; most so called Nigerian investors today are simply gamblers because they love throwing their money at any little money making opportunity without proper knowledge of that business they are jumping into.
True investing doesn't happen without some action on your part. A "real" investor does not simply throw his or her money at any random investment; he or she performs thorough analysis and commits capital only when there is a reasonable expectation of profit. Yes, there still is risk, and there are no guarantees, but investing is more than simply hoping Lady Luck is on your side.

WHY BOTHER INVESTING
Obviously, everybody wants more money. It's pretty easy to understand that people invest because they want to increase their personal freedom, sense of security and ability to afford the things they want in life.
However, investing is becoming more of a necessity. The days when everyone worked the same job for 30 years and then retired to a nice fat pension are gone. For average people, investing is not so much a helpful tool as the only way they can retire and maintain their present lifestyle.
Whether you live in the Nigeria, U.S., Canada, or pretty much any other country in the industrialized world, governments are tightening their belts. Almost without exception, the responsibility of planning for retirement is shifting away from the state and towards the individual. There is much debate over how safe our old-age pension programs will be over the next 20, 30 and 50 years. But why leave it to chance? By planning ahead you can ensure financial stability during your retirement. Now that you have a general idea of what investing is and why you should do it, it's time to learn about how investing lets you take advantage of one of the miracles of mathematics: compound interest.

WHAT ABOUT COMPOUNDING
Albert Einstein called compound interest "the greatest mathematical discovery of all time". We think this is true partly because, unlike the trigonometry or calculus you studied back in school, compounding can be applied to everyday life.
The wonder of compounding (sometimes called "compound interest") transforms your working money into a state-of-the-art, highly powerful income-generating tool. Compounding is the process of generating earnings on an asset's reinvested earnings. To work, it requires two things: the re-investment of earnings and time. The more time you give your investments, the more you are able to accelerate the income potential of your original investment, which takes the pressure off you.