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Inspiring Story: 14 Year-Old Buys Her First House

by Michael on March 25, 2012

Whenever you read a headline like this, you know that a 14 year old can’t buy a house (you have to be 18 to sign a legal document), so what’s the real story. The real story is that this young girl bought a distressed property with her mother, who’s a real estate agent. So…. she had some inside help, but it still makes for a great storyline. However, what I find encouraging is how this “young lady” came up with the money to buy her half of the investment property.

She would take the “stuff” that people would leave behind after being foreclosed on and sell it. She would take her little treasures and sell them on Craigslist, Ebay, garage sale, and even gave some of it away. Over several months she was able to save the $6,000 needed to buy her half of the property. I know adults who can’t even save that much money!

Most kids her age have other things on their mind other than being enterprising and actually working. This is one young lady that I would keep my eye on, because this probably won’t be the last time we hear about her.

Sources: NPR, CNBC

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