book banner

Home

Teachable Moments When Discussing About Homeownership

A month ago I read a story of a girl who managed to buy a home at the age of 14 years old. This girl, Willow Tufano, made Ellen DeGeneres very impressed. She called her for an interview and give her a gift voucher from Ace Hardware. Willow is a normal girl, her family is not rich, she bought the house from her work. This story also impressed me, so I was not wasting my time to motivated my son.

Teachable Moments When Discussing About Homeownership

In short, Willow got money by selling anything that can be sold. Ranging from household, baby stuff, and others. Hey, this is very interesting! My son can do it! But, I was not sure he will be interested in owning his own house.
Nowadays, at the age of 12, he had been living apart from us in the house next to our house. Our house is company housing, not our own. I was worried, my son will not be interested in buying his own house because he felt that he already have it.
But I was wrong. When I asked him to watch a video of Ellen DeGeneres interviewed Willow, I explained to my son that the girl was 14 years old when buying a house. I said to him: "You can do that!" Then I ask: "Do you want to be like her?" Beyond my expectations, it turns out he was very excited. So, here's what I taught him:
I taught him about what goods he could be sell and generate much profit. In discussing this, I taught him to look at his ability as a seller and our ability to support him. In this way, he would be more realistic in choosing the items that he wants to sell. For example, with our financial ability, we will not able to buy a car to be resold.
My son also learns about ways to sell those goods, through the online shop, delivered by courier, and sales on each market channels.
I pointed out where he can buy goods at a very cheap price to resell at a reasonable price, and cheaper than competitors.
In addition, we also taught my son to prepare financial statements for this small business. Although this is a newly started business and a very small business, financial reports should be made.
I also told him that the house is a good investment because the price will continue to rise, and so does his money.
Through the business, my son learned a lot of things: which is mainly about trading, the making of financial statements, and that especially he will learn about the good traits: consistency, commitment, and patience.
Indeed many of the benefits that my homeschooling son will get through these activities. And if the money will not enough to buy a home at the age of 14 years old, but there are many things that have been gained in this learning processes.

 

Read other stories about teachable moments here:

Teachable Moments

How to Teach Your Kids at the Grocery Store - Living Life and Learning
5 Teachable Moments Found in Tough Times - Jenn Gerlach Simple At Home
Teachable Moments at the Dinner Table- A Sip of Southern Sunshine

 

Comments   

0 #3 home insurance 2017-02-22 04:47
I feel this is among the so much significant information for me.
And i'm happy studying your article. However want to statement on few general things, The website
style is great, the articles is in reality great :D.
Good activity, cheers.
Quote
0 #2 Mackenzie 2017-02-21 12:52
Thanks for finally writing about >Teachable Moments When Discussing About Homeownership
Quote
0 #1 Will 2017-02-17 09:09
My family members always say that I am killing my time here at net,
except I know I am getting knowledge daily
by reading thes good articles or reviews.
Quote

Add comment


 
Related Articles

Search

Subscribe to get updates & freebies

Pssst.... we'll send you a gift at your birthday! *wink*

* indicates required
/ ( mm / dd )
 

Follow me

social media icon stitch fb social media icon stitch google

social media icon stitch youtube

social media icon stitch pinterest social media icon stitch twitter social media icon stitch stumbleupon

Excellence Badge

christmas stories recipes activities for children

bannerTpT

Kids craft

moms craft

31 days of awesome living

31dayshomeschool

Livingideas feature blogger logo

Vote For Me @ The Top Mommy Blogs Directory Vote For Me @ The Top Mommy Blogs Directory

contribute

BraVoMark

socialmediainfluencer

Who's Online

We have 90 guests and no members online

chronic illness bloggers 286x300

shespeaks

kbn member

Copyright (c) MarcellinaMaria 2015. All rights reserved.
Designed by olwebdesign.com

All photos and graphic in this site are created by me. Please considered that all photos, graphics, and contents are copyrighted.

This website contains affiliate links.

If you like my website, you can donate or buy ebooks from my affiliate e-stores at the right menu. That will help me to maintain this website.

Most of photos at this website were created by me, but sometimes when I hurried, I took free pictures from Freepik and did some editing.