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5 things every NIL parent should know before the money comes.

A short, plain-English guide to the financial decisions that matter most in that first year of NIL income.

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Inside the guide

The 5 must-knows

  • NIL is taxable income — here's why
  • Separate the money from day one
  • What to track (and what to keep)
  • Questions to ask before any deal
  • When to bring in a bookkeeper