How do I use my dad's income to build a foundation for my future income ?

[Deleted member 259104]

T
I'm 17 and wanna start building up credit score and money using side hustles and banking tricks
I don't want to involve myself in interest (sounds stupid I know) though
@Jason Voorhees @Ghost Philosophy
@Celto-Germanics @TrueEveSlayer

 

[Deleted member 259104]

Bump

 

[Deleted member 259104]

 

[Jason Voorhees]

You're still a minor under 18 so you can't open credit cards loans, or most credit building stuff in your name alone. Credit score building usually starts at 18 with add on cards from parents or secured options later.

Just ask your dad to add you as an authorized user on his solid credit card. No usage needed, just piggybacks his good history to start your file early and maybe if you want have him open a custodial brokerage account and fund it with index funds if you earn side hustle cash with mowing lawns, tutoring, freelancing.

But above all at your age the best advice I can give you is Focus on Crushing school hard and building a mogger profile for college. strong grades + skills (coding, trades) are your biggest wealth builder. Use his support to kill money stress and focus 100% on education now

 

[Deleted member 259104]

You're still a minor under 18 so you can't open credit cards loans, or most credit building stuff in your name alone. Credit score building usually starts at 18 with add on cards from parents or secured options later.

Just ask your dad to add you as an authorized user on his solid credit card. No usage needed, just piggybacks his good history to start your file early and maybe if you want have him open a custodial brokerage account and fund it with index funds if you earn side hustle cash with mowing lawns, tutoring, freelancing.

But above all at your age the best advice I can give you is Focus on Crushing school hard and building a mogger profile for college. strong grades + skills (coding, trades) are your biggest wealth builder. Use his support to kill money stress and focus 100% on education now

Mirin advice

 

[Deleted member 259104]

Have him pay for college.

What to do after that

 

[Deleted member 259104]

Honestly accounting is decent. No ones going into the field. AI cant take it over. Other Business majors can't do it, conversely you can do their job. If you get a CPA licenses, it comes with high status. Top end earning for accountants can be in millions, start salary is like 70k but you can be north of 100k in a few years easily.

Issue with coding is ai has taken all the low level jobs so its been very hard for the past few years for new grads to find work in software field.

You're doing accounting too ?

 

[cargo70]

T
I'm 17 and wanna start building up credit score and money using side hustles and banking tricks
I don't want to involve myself in interest (sounds stupid I know) though
@Jason Voorhees @Ghost Philosophy
@Celto-Germanics @TrueEveSlayer

Around the same age, and I also want to start building my credit score for my future, but I don’t know the best way.

 

[kranerman23123]

Ask your dad for a credit card and use it to fund a crippling gambling addiction

 

[ropemaxx298]

gamble