14-Year Old Girl Buys House

As a Ferengi dad of two kids, it warms my heart to see a child live out the Ninth Rule of Acquisition, "Opportunity plus instinct equals profit." Willow Tufano of Florida has the instinct to recognize profitable opportunities. She's only fourteen years old, but has already become a cunning and successful business owner. Willow started down the latinum road by offering to clean out foreclosed houses. She sold the furniture on Craigslist and has used the money to buy a house:

One day, Willow's mom, Shannon, saw a two-bedroom, concrete-block home on auction for $12,000 — down from $100,000 at the peak of the bubble. Shannon was telling her husband about the house, when Willow piped up.

"I was like, 'What if I bought a house? That would be crazy,' " Willow says.

Willow wound up splitting the house with her mom. Willow plans to buy her mom out in the next few years, and put her name on the title when she turns 18.

http://www.npr.org/blogs/money/2012/03/09/148218539/this-14-year-old-girl-just-bought-a-house-in-florida -via Boing Boing| Photo: Chana Joffe-Walt/NPR