Earlier this week, a friend passed along a great news story that I shared with fans on Facebook. An 18 year-old girl bought a house for cash with savings she earned participating in 4-H events beginning at the age of four. Yes, you read that right. She paid $40,000 cash for a four-bedroom, two-bathroom house. She splashed a little paint on it, fixed up the carpet, and now rents it to a relative.
What’s she doing with the $450/month rental income? Pocketing it to buy another home for her and her fiance after they get married. I wish I had half her financial-savvy at that age.