Joe Valentine LLC., Boston, MA (2026)

03/31/2024

Happy Easter, all,

As you celebrate with family and friends remember why we recognized “Good Friday” and celebrate Easter 🐣 today! Read the message below, it says it all 🙏🙏🙏

01/14/2024

Can we normalize not gatekeeping information that can uplift others?

Buy a house and get a 15 year fixed mortgage rather than a 30 year mortgage. Saves a lot of money in interest over the life of the loan. If you must get the 30 year mortgage, verify that there is no prepayment penalty. This gives you the flexibility of paying it off early if you are able. But it also gives you the option of making lower payments when times are tough...

When you start your job, get an HSA account and not FSA and get the high deductible health insurance. It will lower your tax bracket and the money is yours to use. You also earn 40% in most cases after 10k!!!

Never buy a car brand new! Check into certified pre-owned. I’ve watched Escalades go from 100k (new) to 35k four years later. 🚙 Understand how your credit score reflects your interest rate/monthly payments.

Get you an LLC (incorporate your name!!) and run it as an S Corp. Add yourself and your kids as employees and avoid pay the 15.3% self-employment tax. Remember Jay-Z quote “I’m not a Businessman I’m a Business Maaaaaaaan....” Let that sink in.
Build business credit! The loans are bigger and the interest rate is lower.

Once your LLC has been established you can then hire your children and pay them an annual salary up to $12,400 which serves a tax break for you and lowers your yearly liability, at that point your children can use their earnings to pay for things like their tuition, school trips and any other activity or upkeep that you were originally going to be financially responsibility for so their needs are met, you're assisting them in establishing a good work ethic but more importantly you're decreasing your taxes and keeping more of your earning in house

Get a business bank account (in most cases this costs around $500 to start). Use your stimulus checks and/or SBA,PPP to open it.

Go to Community College first and transfer into a four year college (unless you have scholarships to help mitigate the costs). Encourage your youth to begin taking college classes in high school, it costs them nothing but time. School is a power move you must be able to secure the bag. Majors in STEM will always be needed, are in high demand and the skills can directly help the community. 🎓

Get life insurance for you (whole life) and your children (term) as soon as they are born (one thing is for sure is we will die..might as well leave your kids or family something extra). The sooner you get it, the cheaper it is. And you can borrow against it to fund certain projects. Also, the ones that pay out dividends are the best! They normally are associated with the market (money market accounts). IUL’s are great! 💰

Get the people in your immediate family to save collectively! If 10 people save $500/month, that’s 60k every year. You could buy 3 starter homes (depending on your market) every year and in 4 years all ten of you are home owners. Buy on the same block or neighborhood if you can...this way you control the value of the homes (remember Monopoly!). 🏠

We need to promote financial literacy. Building capital and creating equity to create generational wealth. Having financial freedom is everything! This is not being taught in the school curriculums or our education systems! We must do it ourselves!

***I need 10 people to copy and repost this on their pages and groups and spread financial literacy!

01/01/2024

12/26/2023

Beautiful evening leaving work downtown Worcester, the city still alive and celebrating the holidays 🎉🎊🎄

12/09/2021

“Dear Self: Stop re-opening doors for toxic people and toxic places, then calling it seeking closure, certain relationships don’t work out in life, and certain places I have outgrown and that’s okay.” – AU