2.07.2007

Kids Can Do It Too!

Did you know that people normally don't pay off their mortgages until they're almost retired? Eww! So what if you started earlier? Like, when you're a kid! I'm already saving for my first house, and have been for a few years! It's easier than you think...
Here are some steps to take to help you achieve a house by the time you're 15! (maybe later...)

  • Save at least 50 percent of what you earn! You really don't need that newest skateboard if your old one is a month old. Toys can usually wait until birthdays and christmas.
  • Babysit! Don't have enough time? Take your homework with you and do it while you babysit. Make sure you charge appropriate rates to keep the customers coming back!
  • Once you turn 14 and are legally able to get a job, do it! You don't really need 2 months to relax. Put all of that money towards your Big Purchase and use your allowance to spend.
  • In the end, if you can't afford to buy a house, then co-buy one with someone else. That way, it'll be a lot easier to pay off the house faster, but you'll still be a proud owner!

There you have it. Some people earn-to-own a house, and have it by the time they're 17! Just try really hard, save a lot, spend little, and you'll be an owner before your parents!

4 comments:

Dirk said...

Cool blog Paris! Find a better placement for your Adsense ads.

- Dirk

fredarn said...

Are you really just 12?
If so, this is impressive.

I'am 16, and runs some site of my own, the most important one being http://truemoneymaker.net - You should take a look! :)

Anywat; I wish you good luck!

*adding site to rss reader*

Anonymous said...

SWEEET BLOG MAN!!!!
im going to try to save for a big house now !
thank you !
<3

Anonymous said...

pretty sweet blog duude!