Just now, I watched on Seven’s Today Tonight (current affair show) about something that really caught my attention.
Have a look at the title. Can you believe it? A 13-year-old girl owns her 4-bedroom, 3-bathroom, house. Not just that, she almost paid off the whole amount of her loan. The story was also posted on the Seven Network’s website. Here’s the article here.
Ok, fine, she might have a bit of an advantage over mere mortals like us. She might be paid “modestly” through her modelling career, but that’s not the point! The point is, a young kid actually has the intention to invest their money rather than spending on other useless things.
The best thing is, in Australia, it doesn’t really matter how old you are. All that matters is your income. If you can afford it, then by all means, go out and get it!
The second part of the feature was about this guy, Paul McManus, who just celebrated his 22nd birthday. As of today, he has AUD 6 million dollars worth of property under his belt.
Watching and reading these sort of stories on the TV and in books/magazines/newspapers makes me wonder, what the hell am I waiting for? Really though, what are we waiting for?
Anyway, here’s the article again. I hope it inspires you as much as it inspires me to get off my arse and do something.
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Other related posts:
– Estate Planning: Should I draw up a Will?
– Having an Emergency Fund
– Properties better than Shares?
– Understanding Unit Trust
– Types of Mutual Funds (Unit Trusts)
– When can I consider myself financially free? Part 1