Lindsay Binegar is teenager form Greenfield and she has saved up enough money to buy a house for $40,000. When Binegar was 4 years old she worked to raise hogs at her familyâ€™s farm in Highland County. She earned $100 by winning a hog contest. Since she was four years old, she has been saving her money that she has earned from 4-H competitions since the tender age of 4.
Lindsay Binegar chose to not even buy anything with her winnings; however, she gave in at the age of 14 years old and decided to splurge and buy herself a purse. Wow what a saver. I would have had that money spent almost anytime I earned the money. I sure am proud of her self-discipline. I should have taught my blessings to save money like her. Hmmâ€¦maybe I should learn this before I hit the big 4-0!
Anyway, Lindsay Binegar was saving the money so that she could go to college; however, her parents decided that they would pay for her to go to college if she will go to college and stay at home. So instead, she used her $40,000 to buy herself a house. The home is a 4 bedroom, 2 bath with a 2 car garage and the miracle is that she paid for the house in cash!
So now Binegar is a business woman and actually rents out her house to her aunt and uncle for $450 per month. And not the 18 year old girlâ€™s goal is to save enough money to buy a home for her and fiancÃ© to live in once they get married in 2011. What an entrepreneur this Ohio University freshman is. You go Lindsay Binegarâ€¦I have no doubt you will be wealthy! Want to teach me a thing or two?
Source: Seven Sided Cube