Quote:
Originally Posted by NEfan508
My Josh just turned 17, business checking account (thanks Cityzens bank for allowing under 18) Mass business certificate, liability Ins. and State home improvement contractor registration.
He needs 3 years of experience to then apply for his construction supervisors license, he's 1/2 way there.
his yearly income so far in 2022 is $20k'ish, helping him prepare his taxes was priceless…😳
Rule of thumb: Every $1k you make son 1/4 goes to Uncle Sam…
get your teen son a business, get them into cars/boating or sports no time or energy for drugs and slacking, with his GF all he wants to do is eat a pizza and a movie
What he wants: be certified with large excavation machines, School $10k-$15k average hourly is over $50-$65 per in New England, in 2022 kids want skills and life training, I'm more optimistic about this new batch coming to adulthood (gen C)
By his early 20's making $100k per year is definitely possible, then comes the 2 week vacations, restoring 2002 M3's
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Mike Rowe Foundation (Dirty Jobs guy) provides some training funding for these and other trades jobs.