From teen dropout to homeowner at 24 – The Press

When most teenagers worry about having money to go to the mall, Ben Booth was focused on saving money to buy his first house and at 24, he used his savings to achieve his dream. He dropped out of high school early because he wanted to start making money as soon as possible to achieve his goal. The hard working young man agreed to be interviewed about what drove him to make this decision and how he did it.

Key Takeaways:

  • Ben Booth’s teenage worries were unusual, in that they did not revolve around studies and homecoming, but around where he would live and how he would retire.
  • At 17 he left school, not to avoid the future, but to embrace it by pursuing a job and prepping for home ownership.
  • Using KiwiSaver, he saved $75 a month, over 7 years, to finally have the deposit he needed for a home.

“Not many teenagers have a clear idea about where they want to be in five years time, let alone 30, but Cantabrian Booth was the exception to the rule.”

Read more: https://www.stuff.co.nz/life-style/homed/houses/95743471/from-teen-dropout-to-homeowner-at-24