11h (edited) โ€ข General Discussion ๐Ÿ’ฌ
Business Tip For Gentlemen
Good morning, ladies and gentlemen,
part of this community and this journey is making wise and sound business decisions that will not only impact your current affairs but also your future and your family's future. This is something that you can pass on even to your kids that are adults, then they can do this for their for kids.
For those that have children in middle and high school, here is an idea that will help build a future for your kids, (DISCLAIMER, THIS IS JUST AND IDEA AND NOT GIVING FINICIAL ADVICE.) This will help your kids get off to a great start in life.
1.When your kids start high school, open up an LLC for them. You can say it's a consulting business.
2. Open a business bank account for them and set up auto deposit of $50.00 a week
3. Open up 5-8 tradelines and use it for stuff around the house like cleaning supplies.
When they graduate from high school, they will have a 4-year-old LLC, with 4 years if history, and a $12,000.00 bank account balance. Congratulation you just gave your kids the privilege you never had.
You can do any amount you want to start off with this was just an example of how you can give your kids a head start that we never had.
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Anthony Buntyn
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Business Tip For Gentlemen
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