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Not wanting their children to repeat the financial blunders they have made in the past, many parents are taking a proactive role in making sure their children understand the importance of financial responsibility.
Alarmed by careless spending habits and constantly being hit up for cash on a daily basis, many parents have incorporated ingenious methods for teaching their children the value of a buck.
These concerned parents are not only teaching their children about investing and business ownership, but they are putting them through a hands-on training process that requires them to invest a portion of their allowance into a home based business that they must grow in order to have the luxuries they so hastily request from their parents.
Internet businesses seem to be the most ideal since most kids are already computer savvy and are familiar with many of the online social communities where they would be marketing their businesses for free, just as professional Internet marketers do.
One of the most popular home businesses, among parents using this child rearing technique, is the GDI business opportunity. GDI, which stands for Global Domains International, is a webhosting and domain name service provider. In other words, GDI provides the services needed to produce a website.
Like many home businesses, GDI utilizes a multi-level compensation structure that pays residual commissions on the signups your child is able to generate, directly or indirectly, for the company through his or her online marketing efforts.
Many parents have strategically set themselves up to profit along with their kids by signing themselves up for a GDI account first, and then setting up GDI accounts for each of their children.
At an affordable $10 per account, the GDI business opportunity is a great way to start-up a family organization, but be careful, this child rearing technique can quickly bump you up to the next tax bracket before the end of the year!
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