Lindsay Binegar Buys $40,000 House
By Ritika Bhuwalka, Gaea News NetworkTuesday, May 18, 2010
GREENFIELD (GaeaTimes.com)- Lindsay Binegar is all of only 19 years of age, but this no bar for the teenager to buy a house, her own house worth $40,000. The money too did not come from her father’s accounts. Believe it or not, Lindsay Binegar has been saving up pocket money since the age of four. The teenager used to work hard to raise hogs in her farm as a little girl and that was when she started earning $100 bills every time she won a hog contest.
It would be wrong to say though that the girl saved everything and spent nothing. At the age of 14, Lindsay Binegar spent a part of her savings to buy herself a purse and later decided to spend the rest as part of her college fees. However, with her parents providing the money needed during college years, Lindsay Binegar kept her earnings saved till today to buy herself a house worth $40,000. The new home of 19 year old Lindsay Binegar comprises of 4 bedrooms, 2 bathrooms and a garage for two cars. The most surprising thing is that the teenager payed for the home entirely in cash. Now this is surely an achievement for a girl of her age.
The question now is what does Lindsay Binegar do in such a large home? She earns from it. Though the answer may take many by surprise, it is true that the teenager is now giving her house in rent to her uncle and aunt. She earns a total of $450 every month as rent from the house. Lindsay Binegar is surely one of the best businesswomen the world has seen.