Let’s be real, most of us aren’t taught how money actually works. Sure, we might hear terms like “credit,” “budget,” or “savings” tossed around, but what do they really mean for you as a teen? You may learn about this in your senior year economics class, but you shouldn’t have to wait 18 years of your life to become a personal finance expert. In fact, according to a study by The National Study of Millionaires, 88% of millionaires built their own wealth and started earning the
1. Business Formation Documents Before launching, you need to decide how your business will be legally structured. Common options include sole proprietorship, partnership, limited liability company (LLC), or corporation. Each comes with different tax obligations, ownership rules, and liability protections. For example, if you choose to form an LLC, you’ll need to file Articles of Organization with your state. This document officially creates your company and lists essential
