Big ups to everyone working effortlessly trying to earn a living while building wealth. I’m 40 and my husband 54 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income.
Indeed, successful investing often requires a solid foundation of knowledge. In my journey, I've found that having a trusted financial consultant is key, especially when it comes to selecting the right assets. I've been working with Regina Louise Collaro, an investment advisor associated with a licensed wealth management firm, and my financial experience has significantly improved. Her reputation in the industry is quite remarkable, and her guidance has led to financial stability and regular passive income. I highly recommend considering an experienced investment advisor for your financial goals.
Regina Louise Collaro is based in the United States and can work with anybody wherever they stay. If you would like more information on reaching her, you can conduct a search online..
personally, I'm blessed and realizing I'm not the only one working with Regina Louise Collaro. I will consider myself lucky. I've been able to feed and make a living through her advice and great work. For such a person as Regina, I owe her gratitude, support and endless prayers as it is not easy to gain access to such a competent and reliable adviser. Who isn't just wise but has all it takes to handle an investment and is good at what she does
I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot . This was of so much help to me.
There was no mention if any of these accounts have a feature where you can write off your expenses. I bank with Found for my business and I like it. I can deposit cash for only $2 fee and I can write off my expenses. They also give sub accounts so you can seperate your money for Income/Marketing etc. It will also show you how much you roughly owe in taxes based on your income. All of these features for free, no monthly fees.
I just got my LLC and my brain has me watching everytbing and honestly your video was the best one an really helpped me feel more confident in a direction after yes watching a million videos lol
I'm so happy to hear that. Starting a business is scary and exciting at the same time. Just remember that mistakes are okay, they will teach you things and don't give up.
From experience: Do not do NOVO!! Terrible at customer service! Transferring funds is awful and a headache! And the bad reviews are back-to-back on the app’s reviews! It’s a waste of time 😭😭😭
1 thing about relay, they asked me for a copy of my personal bank statements, saying since I’m a startup they need to make sure I have enough money to run my business. How is this any of their business? I’m not asking them for a loan. All they need to do is be a bank and except my money
Oh wow! That is interesting. I would not have wanted to share my personal banking information either. My setup was pretty quick but it may have been because I’ve been in business for a few years.
@@dsylla5064when I told them that I would not be giving them my personal banking info as that is not information needed unless applying for a loan, they stopped replying to their emails. But it’s fine, I told them to close the account since I don’t want to work with someone who requires unnecessary and invasive prying into my personal life.
I really like that you were very thorough in explaining everything. And thank you so much for, including all the banks mentioned in a PDF file for us to download; that was very thoughtful.😊
This may have changed after you posted the video so thank you for the good info. Relay, Novo, Mercury all have bad or questionable reviews and behavior. I say do your research and don't deposit more than you can lose or be without for a while.
I would recommend doing your own research. Sometimes people do these videos to build an online platform and don't keep up with the comments. Also sometimes people have affiliate links and if their viewers sign up by way of an affiliate link, the person doing the video gets paid.
So far this has been the best video that I have seen regarding business stuff. Currently I started 1 company with a friend and we are about to open another this upcoming year. I’m alright financing and helping grow a business for a lash artist. The point is that all this information has been very useful. I made sure I followed you everywhere. Thank you for sharing your knowledge.
On December 14th, 2022, there were 3 charges of $200 each at a Kohl's in Brooklyn, NY. I am in Boca Raton, FL. They were not my charges. Relay has refused to credit my account, nor do they respond to my requests for a resolution as of today. This bank is run by thieves, I am probably going to have to take them to court because at this point it is the principal.
I use NOVO. I have over $2k in my account for a business trip I’m on. NOVO keeps declining my purchase here in Nebraska. They won’t call me they won’t even respond to my emails since yesterday. I have no access to my funds now and I may be forced to sleep in my rental car in 8 degree weather because NOVO has no persons to resolve situations like this. I’m seriously worried that I will freeze to death. This is the second time they out of no where blocked my card. DO NOT USE THIS BANK.
Don't forget, if you have an online only business bank account you can always just open up a second physical business account if you are worried about not having access to cash deposits, etc.
Hi, I'm new to all of this. Do you mean you can have an online only business account while opening a second physical business account somewhere completely different for the same business? Also, can you do this with credit unions? I've seen many suggest credit unions.
@@kilosofkalia Depends you have to check with your local credit union. My local credit union does not do business checking accounts so I went with Wells Fargo for my secondary business checking and AMEX for my primary online business checking. Opening with Wells Fargo was super easy to be honest I got it all open and a Business credit card within a couple days.
Thank you for the clear content that said I have a question about the chase bank do you know if you have to deposit a minimum in the account? do they work with companies at the start of their creation? I would like an online bank like Relay financial and a physical one if possible......
Hi! I actually have the exact setup you want. I use both Chase and Relay. I setup Chase when I first incorporated my business and it was new. They do not have a minimum opening deposit.
Thank you very much for your return! this is exactly what i am thinking of doing relay online and chase in physical when i open my llc in the USA for e commerce i will move there i hope both have good cards i will detail their site
Grand rising my Sister. Thank you so much this information is very hands-on and easy to understand. You did a great job with your video production as well as explaining your tools so that a 16-year-old can understand this method. Looking to share with my son I’m just graduated from high school and start a new career in robotics programming. This will help him understand what banks to choose when he move forward with opening his own personal business account as he set up his platform once he graduates from college. Sometimes they can hear things more clearly from other people than their parents. Thank you again . Please continue to help others with this wonderful information and you will a track keep on attracting abundance in your life.
I got over $300 stolen from my mercury account and it's been days of me trying to get in touch with their customer support with no response yet. I disputed the transactions and am waiting on pins and needles. Yes you can freeze your account if you suspect fraud but by the time you notice it, it might be too late and emailing an unresponsive support team quite frankly sucks. Looking to replace them asap. Sigh
Thanks for the great information presented my question is Im starting an ASSET RECOVERY company most if not all claimants will assign payment to my company for disbursements once cleared , which bank or banks will accept third party checks for deposit .?
I loved how you organized this video especially the pdf file just genius simply said you immediately impressed me excuse me while I relax like and review this video and
Great Intel! Do you know by any Chance If Relay Reports Payments to the credit bureau? I was considering opening up by buisness checking w/ wells due to me banking w/them over 10 years. Now I might go with Chase. What's your advise !? Thank in advance!
nice vid: Here's a question. PayPal does NOT recognize novo as a bank Then when you enter your novo routing & account# it sees it as middlesex Fed Savings ( the bank behind Novo) so the only open is to do the paypal manual verification by where they put in 2 small deposits to novo However it's been 3 business days so far nothing deposited. Is this normal or does it take longer?? Thanks in advance
Hi! I can’t speak to Novo specifically but normally when I do a manual verification it happens really fast. I would recommend contacting PayPal and then Novo.
I like the blue Vine but for free cash deposits could I link the credit Union business account to blue Vine deposit cash in the credit Union and then transfer it to blue Vine
Hello I am French and I have an LLC for e-commerce, I have a number which allowed me to open an account with Mercury , on the other hand this bank is private and I was told that I could save money by opening an account with a public bank, there is the community bank but I cannot open Account with them since they asked me for a driver's license, can you suggest me public banks that could only be satisfied with an ein number?And thank you for your videos Cyril
who will assist me with a bank account? You get your percentage. I live in north cyprus and trying to start an online business but having no account is a big challenge for me.
Peace be upon you. Believe in ALLAH (GOD) and the judgment day and do good deeds. Madam cover your body more than you do that will be better for you in this life and the hereafter.
SO I tried Relay and it was so many red flags for me and was kind of sketchy. I was to get a business debit card but the card never got to me till 2 months after and keep getting told unfortunately its the shippers issue and then i google the company to see if it actually exist and the address came up as someone's house So is this company really a good bank
![14 Biggest Tax Write Offs for Small Businesses! [What the Top 1% Write-Off]](http://i.ytimg.com/vi/5YggWhLeckM/mqdefault.jpg)
Grab the 2024 updated version of my Best Bank Accounts Comparison PDF Here: www.workwithshawn.com/businessbanking
Big ups to everyone working effortlessly trying to earn a living while building wealth. I’m 40 and my husband 54 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income.
Indeed, successful investing often requires a solid foundation of knowledge. In my journey, I've found that having a trusted financial consultant is key, especially when it comes to selecting the right assets. I've been working with Regina Louise Collaro, an investment advisor associated with a licensed wealth management firm, and my financial experience has significantly improved. Her reputation in the industry is quite remarkable, and her guidance has led to financial stability and regular passive income. I highly recommend considering an experienced investment advisor for your financial goals.
Regina Louise Collaro is based in the United States and can work with anybody wherever they stay. If you would like more information on reaching her, you can conduct a search online..
personally, I'm blessed and realizing I'm not the only one working with Regina Louise Collaro. I will consider myself lucky. I've been able to feed and make a living through her advice and great work. For such a person as Regina, I owe her gratitude, support and endless prayers as it is not easy to gain access to such a competent and reliable adviser. Who isn't just wise but has all it takes to handle an investment and is good at what she does
I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot .
This was of so much help to me.
Omg I love loveee Regina that's my gurllll!
There was no mention if any of these accounts have a feature where you can write off your expenses. I bank with Found for my business and I like it. I can deposit cash for only $2 fee and I can write off my expenses. They also give sub accounts so you can seperate your money for Income/Marketing etc. It will also show you how much you roughly owe in taxes based on your income. All of these features for free, no monthly fees.
Finally someone that’s giving real information and not scamming 😢
I just got my LLC and my brain has me watching everytbing and honestly your video was the best one an really helpped me feel more confident in a direction after yes watching a million videos lol
I'm so happy to hear that. Starting a business is scary and exciting at the same time. Just remember that mistakes are okay, they will teach you things and don't give up.
@@shawnshalest_hws thanks I greatly appreciate you
Thank You so much! I am so lost out here in the business world as a one person band. I need a business account ASAP.
The “i dont like it here its scary” is soooo relatable
From experience: Do not do NOVO!!
Terrible at customer service! Transferring funds is awful and a headache!
And the bad reviews are back-to-back on the app’s reviews! It’s a waste of time 😭😭😭
Thank you for letting us know!
Just opened up my LLC in April. Thank you for the info. The deep breath was so needed😊. Just subscribed to great stuff!
Which bank did you decide to open for your business if I may ask?
Was the comparison PDF removed? Is there somewhere else i can find it? Thanks for any help and an awesome video!
Thank you for your videos on the best bank to have regarding online small businesses. Where is your PDF document where you compare the banks?
hi.... Did you get the link?
I’m looking for it also.
I didn't see it either. Would love to have the PDF comparison. Great idea!!
Can any of the banks you mention be used with Zelle, Venmo, etc ?
Great question
1 thing about relay, they asked me for a copy of my personal bank statements, saying since I’m a startup they need to make sure I have enough money to run my business. How is this any of their business? I’m not asking them for a loan. All they need to do is be a bank and except my money
Oh wow! That is interesting. I would not have wanted to share my personal banking information either. My setup was pretty quick but it may have been because I’ve been in business for a few years.
@@shawnshalest_hws yea, I told them off and said you might as well cancel everything because you’re never getting my personal info
@@KhadiB did they let you open without showing your personal bank info?
@@dsylla5064when I told them that I would not be giving them my personal banking info as that is not information needed unless applying for a loan, they stopped replying to their emails. But it’s fine, I told them to close the account since I don’t want to work with someone who requires unnecessary and invasive prying into my personal life.
Huh.. i was gonna go with them soo that’s good to know. I’m thinking about Mercury
Very useful video!!
One of these accounts allows you to receive multi currency for example Eur Gpb?
I really like that you were very thorough in explaining everything. And thank you so much for, including all the banks mentioned in a PDF file for us to download; that was very thoughtful.😊
You are a great motivator!!! I love the tone of your voice.
This may have changed after you posted the video so thank you for the good info. Relay, Novo, Mercury all have bad or questionable reviews and behavior. I say do your research and don't deposit more than you can lose or be without for a while.
❤ having a business account to main your business expenses in to keep separate from personal expenses is so vital!
Extremely thorough video
Thank you!
Relay sounds best for me but I wish I could cash deposits and write checks
Hello, love the content, still looking for the PDF though?
I would recommend doing your own research. Sometimes people do these videos to build an online platform and don't keep up with the comments. Also sometimes people have affiliate links and if their viewers sign up by way of an affiliate link, the person doing the video gets paid.
Best indepth video I've seen. Just want I've been looking for. Thanks. Appreciate your time and effort. 5 stars if I could.
I don't see the bank comparison pdf 😞 was it removed?
Hi great video ! I cannot find the pdf link . Where is it ?
Great info and timely for me...where is the comparison list link? Thanks for the info!
No kizzy you have provided the best explanation and given the best information. I’ve been searching for an hour before your channel! Subscribe
So far this has been the best video that I have seen regarding business stuff. Currently I started 1 company with a friend and we are about to open another this upcoming year. I’m alright financing and helping grow a business for a lash artist. The point is that all this information has been very useful. I made sure I followed you everywhere. Thank you for sharing your knowledge.
Nah that intro is so true 😅I totally felt like dat 😂Thas why I’m here
Lol... I totally get it
Thank you. You probably get this all day every day, but you are amazing. Thank you for the work that you do.
On December 14th, 2022, there were 3 charges of $200 each at a Kohl's in Brooklyn, NY. I am in Boca Raton, FL. They were not my charges. Relay has refused to credit my account, nor do they respond to my requests for a resolution as of today. This bank is run by thieves, I am probably going to have to take them to court because at this point it is the principal.
That's absolutely terrible!!! They haven't gotten back to you since then? 😣
@@svsendy I had to fight with them for months to get the money that was stolen from me my debit card numbers. I just got my funds Friday.
Oh no! Do you still bank with them?
There is also plenty of bad reviews of them suddenly closing business accounts without reason. I’m staying far away from this bank.
Should I use this bank? I'm just starting to open an Etsy store should I just use my normal debit card instead of a business account?
I use NOVO. I have over $2k in my account for a business trip I’m on. NOVO keeps declining my purchase here in Nebraska. They won’t call me they won’t even respond to my emails since yesterday. I have no access to my funds now and I may be forced to sleep in my rental car in 8 degree weather because NOVO has no persons to resolve situations like this. I’m seriously worried that I will freeze to death. This is the second time they out of no where blocked my card. DO NOT USE THIS BANK.
Thank you for sharing your experience. Online banks have a bad reputation for poor service
Sorry that happened to you 😮
I've used them for years, looking for a bank wit faster check deposit times.
Don't forget, if you have an online only business bank account you can always just open up a second physical business account if you are worried about not having access to cash deposits, etc.
Very true!
Hi, I'm new to all of this. Do you mean you can have an online only business account while opening a second physical business account somewhere completely different for the same business? Also, can you do this with credit unions? I've seen many suggest credit unions.
@@sashaajayleen yea I heard credit unions are great for business checking accounts!
@@kilosofkalia Depends you have to check with your local credit union. My local credit union does not do business checking accounts so I went with Wells Fargo for my secondary business checking and AMEX for my primary online business checking. Opening with Wells Fargo was super easy to be honest I got it all open and a Business credit card within a couple days.
@@theholt2ic219 thanks love!
Thank you for the clear content that said I have a question about the chase bank do you know if you have to deposit a minimum in the account? do they work with companies at the start of their creation? I would like an online bank like Relay financial and a physical one if possible......
Hi! I actually have the exact setup you want. I use both Chase and Relay. I setup Chase when I first incorporated my business and it was new. They do not have a minimum opening deposit.
Thank you very much for your return! this is exactly what i am thinking of doing relay online and chase in physical when i open my llc in the USA for e commerce i will move there i hope both have good cards i will detail their site
Grand rising my Sister.
Thank you so much this information is very hands-on and easy to understand. You did a great job with your video production as well as explaining your tools so that a 16-year-old can understand this method.
Looking to share with my son I’m just graduated from high school and start a new career in robotics programming.
This will help him understand what banks to choose when he move forward with opening his own personal business account as he set up his platform once he graduates from college.
Sometimes they can hear things more clearly from other people than their parents.
Thank you again .
Please continue to help others with this wonderful information and you will a track keep on attracting abundance in your life.
Thank you so much for this beautiful comment.
omg you are an ANGEL!
The way you started this video of a immediately hit the like button
Your the best thanks for clearly information
I got over $300 stolen from my mercury account and it's been days of me trying to get in touch with their customer support with no response yet. I disputed the transactions and am waiting on pins and needles. Yes you can freeze your account if you suspect fraud but by the time you notice it, it might be too late and emailing an unresponsive support team quite frankly sucks. Looking to replace them asap. Sigh
Did they ever get back to you?
@@tombanks4048 yes but the process was very frustrating to get my funds returned and it took them days. I closed my account and I'm with bluevine now
@@Embracemydestiny how has it been going with blue vine compared to mercury?
@@tombanks4048 it's been so much better !! I closed my mercury account and I've been enjoying bluevine ever since
@@Embracemydestiny thank you for sharing! Glad to know you got your money back 👏
Thank you kindly!🙏🙏🙏
You're welcome. Thanks for watching!
Thanks for the great information presented my question is Im starting an ASSET RECOVERY company most if not all claimants will assign payment to my company for disbursements once cleared , which bank or banks will accept third party checks for deposit .?
I have a question about Bluevine. If the minimum requirement isn’t met for the interest, are there any penalties?
I have the same question.
I like Relay. I wonder if you can integrate with credit card processing.
Does mercury is suitable for e commerce business like selling on amazon and ebay
Hello and thank you for your video..Do Novo provides a banking check ?
where is the pdf?
Mercury is the best.
Thanks Queen
I loved how you organized this video especially the pdf file just genius simply said you immediately impressed me excuse me while I relax like and review this video and
Great video! You really know what you’re doing!
Thank you so much! I'm in a constant state of learning.
Thank you! You basically spoon fed me all the information I need to consider to make an informed decision. And thank you for the pdf!
You are so welcome!
There’s no best bank account, yet that’s the headline of this video! 😂😂 love it thx for info!
This video was so helpful. Thank you so much!!!
How about credit unions, are they FDIC insured?
Yes
Thanks you, thank you, thank you!
So helpful, thank you.
Great Intel! Do you know by any Chance If Relay Reports Payments to the credit bureau? I was considering opening up by buisness checking w/ wells due to me banking w/them over 10 years. Now I might go with Chase. What's your advise !?
Thank in advance!
nice vid:
Here's a question. PayPal does NOT recognize novo as a bank
Then when you enter your novo routing & account#
it sees it as middlesex Fed Savings ( the bank behind Novo)
so the only open is to do the paypal manual verification by where they put in 2 small deposits to novo
However it's been 3 business days so far nothing deposited.
Is this normal or does it take longer??
Thanks in advance
Hi! I can’t speak to Novo specifically but normally when I do a manual verification it happens really fast. I would recommend contacting PayPal and then Novo.
I like the blue Vine but for free cash deposits could I link the credit Union business account to blue Vine deposit cash in the credit Union and then transfer it to blue Vine
Does relay have credit? If they don’t can I apply for chase business credit with relay?
Which one Do you recommend for amazon fba and starting an e commerce company
Which one did you go with?
Perfect breakdown! Thank you so much!
Glad it was helpful!
So helpful
Thank you!
Thank you so much!
Your editing ☀️👍❤️
Hi so relay does not have a savings account?
I wish I saw this video before I just chose the first one I googled lol. Thank you for this wonderful video!
Which one of these options would you consider going with?
Is novo still a good option? Starting today!
Yes, I’m still hearing good things about Novo. I’m personally using Relay.
NOVO IS A FRAUD RUN FAR AWAY AS YOU CAN!
Thank you 🙏
You’re welcome 😊
Where is the PDF link?
I can’t find it either 🥹
thank you beautiful. love the nails too
Thank you too!
Hello I am French and I have an LLC for e-commerce, I have a number which allowed me to open an account with Mercury , on the other hand this bank is private and I was told that I could save money by opening an account with a public bank, there is the community bank but I cannot open Account with them since they asked me for a driver's license, can you suggest me public banks that could only be satisfied with an ein number?And thank you for your videos Cyril
Any of these banks run credit checks?
I use Relay and Chase personally and they did not do a credit check when I got my accounts.
@@shawnshalest_hws Why are you using a physical and online bank if you don't mind me asking?
Amazing video! Thank you for the concise information.
i like how u speak to me
5:46 🎉😂❤❤❤
who will assist me with a bank account? You get your percentage. I live in north cyprus and trying to start an online business but having no account is a big challenge for me.
❤❤❤❤❤
Where’s the pdf?
Want to hide my identity - any bank account available
Unlikely. You might want to have an anonymous LLC and a registered agent instead. Some LLC formation services include business bank account setup
Peace be upon you.
Believe in ALLAH (GOD) and the judgment day and do good deeds.
Madam cover your body more than you do that will be better for you in this life and the hereafter.
Trdsegghhuyds❤❤❤❤❤❤❤ 6:02
They all have their flaws. Except us obviously. 😉
We offer free banking services and free debit cards with unlimited cash back.
Take to long to get to the point.
SO I tried Relay and it was so many red flags for me and was kind of sketchy. I was to get a business debit card but the card never got to me till 2 months after and keep getting told unfortunately its the shippers issue and then i google the company to see if it actually exist and the address came up as someone's house So is this company really a good bank
Are you still using this account??
They have no physical banks….
Woah.. heck no 😮
Thank you this was very helpful !
I'm so glad!
thank you so much for you help!!!!