Grow your money

Most often the term "trust fund" it's associated with wealthy people, but that doesn't have to be the case. You can create your own trust fund to help your family down the road.
Say you have 3 kids you want to make investments for them so they'll have something later in life. You may be better off investing that money as a whole in a mutual index fund under a revocable trust rather than invest all 3 amounts separately.
The 3 amounts you would have allocated will earn better interest when invested as a whole. Also, thru the trust, you can set limitations and guidelines as to how the money is used in the future.

Read more about how it works here:
How to set up a trust fund in 5 steps https://search.app/MLtnfwhzASkeBStq8

This time line really puts things in prospective...
I've done the research so you don't have to. But don't take my word for it, use this calculator from Nerdwallet to do your own research into how much you need to invest for your future.

https://www.nerdwallet.com/calculator/investment-calculator

Don't forget to fill out your government over reach form by December 31st or they may fine you up to $500 each day it hasn't been filed....

File Your BOI Report Today Beneficial Ownership Information Report (BOIR) is required by the Financial Crimes Enforcement Network (FinCEN) and applies to most U.S. businesses. The deadline for filing is January 1st, 2025, and failure to file can result in penalties of up to $500 per day - don't wait, file with us now!

All the advice being posted here on Facebook and TikTok about distancing yourself from your LLC with different addresses and phone numbers, ect has now become pointless with the latest form of government over reach.
Be sure to file your BIOR by December 31st or they may fine you up to $500 each day it hasn't been filed.... Yay.

https://www.boirusa.org/?gad_source=1&gclid=CjwKCAiA9bq6BhAKEiwAH6bqoFf10bDduMCs2YF42hNb19O4mT4HUUEvgMWLFJaWx2wjs40dpg9kjhoCW2EQAvD_BwE

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This is solid advice for 1099 contractors to save you money on taxes

https://youtu.be/zUjWY_GYVWo?si=uL9iyffFl_-ecjM2