Derek

Hey, Dave, thanks for having me. Sure, what's up? So what's up is my current situation. I'm set to be adhering to my dad's business over the next 12 months. Right now, I work with them in the same business, so it's not like it's anything new as far as learning too much other than having a lot more payroll expenses. But my main question is really, is this going to be a big change of income for me?

It'll be roughly tripling my income or so. I'll make about... $150 right now and I'll be making $450 to $550 or so over the next year. And there's going to be expenses in there, but it'll still be a lot of extra net income. So my question is really, I don't know exactly what I should be doing with that extra income.

It'll be roughly tripling my income or so. I'll make about... $150 right now and I'll be making $450 to $550 or so over the next year. And there's going to be expenses in there, but it'll still be a lot of extra net income. So my question is really, I don't know exactly what I should be doing with that extra income.

It'll be roughly tripling my income or so. I'll make about... $150 right now and I'll be making $450 to $550 or so over the next year. And there's going to be expenses in there, but it'll still be a lot of extra net income. So my question is really, I don't know exactly what I should be doing with that extra income.

Obviously, you know, I might want to have some more expenses with marketing or something, but I, of course, want to be in a better financial position and not get too ahead of myself and, you know, just throw money away. So trying to get some insight on what to do with that and trying to play my cards the best way I can.

Obviously, you know, I might want to have some more expenses with marketing or something, but I, of course, want to be in a better financial position and not get too ahead of myself and, you know, just throw money away. So trying to get some insight on what to do with that and trying to play my cards the best way I can.

Obviously, you know, I might want to have some more expenses with marketing or something, but I, of course, want to be in a better financial position and not get too ahead of myself and, you know, just throw money away. So trying to get some insight on what to do with that and trying to play my cards the best way I can.

No, I'm sorry. He's retiring. So he's been in the, we have an insurance agency together. I've been working with him the past 10 years and he's looking at retiring sometime between the end of this year and beginning of next year, within the next 12 months. So he'll be giving the business to me. So I'll be inheriting his book of business, you know, the whole agency. So are you buying him out?

No, I'm sorry. He's retiring. So he's been in the, we have an insurance agency together. I've been working with him the past 10 years and he's looking at retiring sometime between the end of this year and beginning of next year, within the next 12 months. So he'll be giving the business to me. So I'll be inheriting his book of business, you know, the whole agency. So are you buying him out?

No, I'm sorry. He's retiring. So he's been in the, we have an insurance agency together. I've been working with him the past 10 years and he's looking at retiring sometime between the end of this year and beginning of next year, within the next 12 months. So he'll be giving the business to me. So I'll be inheriting his book of business, you know, the whole agency. So are you buying him out?

I'm not. No, he is giving it to me. I've offered to give him something in the past, actually, but he doesn't want to take my money, so that's good.

I'm not. No, he is giving it to me. I've offered to give him something in the past, actually, but he doesn't want to take my money, so that's good.

I'm not. No, he is giving it to me. I've offered to give him something in the past, actually, but he doesn't want to take my money, so that's good.

We have, it'll be about four employees that we pay.

We have, it'll be about four employees that we pay.

We have, it'll be about four employees that we pay.

He has, and he's done some, um, he's done some development. He's built a few on development projects, um, or the past few years. And so that's really his retirement egg right there. And then plus whatever he's had from insurance over the years. Okay. All right.

He has, and he's done some, um, he's done some development. He's built a few on development projects, um, or the past few years. And so that's really his retirement egg right there. And then plus whatever he's had from insurance over the years. Okay. All right.

He has, and he's done some, um, he's done some development. He's built a few on development projects, um, or the past few years. And so that's really his retirement egg right there. And then plus whatever he's had from insurance over the years. Okay. All right.

Yeah. So he'll be fine without anything here. He's totally good.