NEVER do this, unless you want a target on your back! 🎯🏦 #growthmindset #rewireyourbrain #GenerationalWealth #usa🇺🇸 #SelfImprovement

Never open a bank account in your own name, Habibi. I didn't know this until my dad stopped me the day I got my first paycheck. I thought I did everything right. Worked, got paid, went straight to the bank, opened the savings account in my name, and deposited everything. My dad looked at me and said, "Baba, you just put a target on your back." I had no idea what he meant. He explained that the moment your money sits in your name, it's exposed. Creditors can see it, lawyers can find it. Anyone with a legal judgment against you can freeze it and take it completely legally. So here's what he told me to do instead. Well, this is what wealthy families quietly have been doing for decades. So listen up, Habibi. Step one, go to irs.gov and apply for an EIN. Attacks ID number, but for a trust instead of a person. Step two, select revocable trust as your entity type. List yourself as both the grantor and the trustee. You keep full control of everything. Step three, take that EIN to any bank and open an account under the trust name. Not yours. The money is still yours, you spend it, move it, invest it, however you want. But on paper, it's not attached to you. If someone suits you, they can't touch what they can't find. Or nothing on paper, control everything in reality. Did you know this, Habibi? Let me know in the comments.