Val Katayev

I've generated over $1 billion in sales using ONE strategy. Used it in every recession - 2000, 2009, and 2020. I've never shared it publicly before. This thread might make you a millionaire.

@kartikasthana They definitely consider that purchase more since it’ll cause their daily interest to go down.

@ValKatayev Do kids ask to withdraw the money (to buy something they like as in a PS/Sneakers) if they think buy < accrued amount?

Was just in Japan with the family. My 5 year old wouldn't stop running around while we waited on a restaurant table to be setup. My mom told him, I bet $10 you can't sit still for 1 minute. He took the bet, counted down 60 seconds, took the $10, turned around to me and said "here's 10 bucks for my loan account" I've used this system for 15+ years now and it worked like a charm consistently across all of my kids.

@preston_holland Garmin Autoland sounds sweet

NEWS: Embraer has officially announced the Phenom 300EV. Includes: Garmin Autoland + 430lbs of useful load + 45nm of range + Low Earth Orbit connectivity + Vacuum lavatory at the rear New list price: $13.995M Autoland is huge because it makes single pilot ops much safer.

@arturneumann Pretend

@ValKatayev Like the idea a lot, but where do you put the Money? S & P 500 or some savings account? Or just cash and pretend they made yield?

Don't give your kids an allowance. I pay them interest instead. It's a simple system that teaches compounding and makes money click for them. Here's how it works, my downloadable worksheet, and the results:

This experiment was years in the making, and it keeps working. If you found it helpful, Repost the first post to share the thread. I bootstrapped to $100M+ of profits across multiple industries. Follow me @ValKatayev for more insights like this.

Result 5 - They now think about the long-term impact of money, not the short-term gratification it can buy.