Sounds like a young man who has a firm grasp on Capitalism, I think. Perhaps he will manage one of the larger excavation companies here in the USA someday!

my dad had a backhoe when i was a kid, so i actually had a backhoe. I think i learned to use it around aged 10. it was a blast as a kid, and even though the skill doesn’t translate much to my current job, it was still a great experience as kid who liked to dig holes…

anyways, the only advice that i can give is that there are alot of non-wealthy people who need backhoes, so you can actually get a decent ‘vintage’ one for only around $2000 – $3000! Find a decent 1940s-1960s John Deere AND a mechanic, and have a blast.

Thank you for showing my writing to everyone. That’s cool because I think I might be famous just a little bit now. You’re nice to send me the books so I can make my businesses. I know how to do some of it, but some parts are hard.

I’m not too little for money. I’ve been doing money for a long time and it’s not very hard. I’m not a baby. I can get my backhoe because I don’t spend all my money, that’s what I think. Kids can do money stuff too, not just grown ups. That’s what most of these people said, that I can do it, because they read about my plans.

Sparky that’s good you kept your money for college, otherwise you have to work at Burger King all the time. I will keep saving and get some better jobs like you. My backhoe would be a good job. You can get smarter in college too, because your brain can make more room. Like when you memorize the multiplications, then you have more room to do the story problems easier.

Thank you for writing me back. I’ll tell you when I get my backhoe. If you need to use it, you can tell me and you don’t have to pay for it. I just want to drive it a lot.

My mom says thanks, too. She thinks this will have a great and positive influence on me!

Back to the story, I love when people get off to a great start, go for it C.J. you buy that backhoe.

Well, I studied very hard, got excellent grades, worked every week, usually restaurants after age 16, and saved my money. I qualified for some scholarships and managed to get some inexpensive student loans (back when they were inexpensive). We took the scholarships/loans and split the remaining tuition and room & board 3 ways: mom, dad, and me. I also paid for all of my text books.

So CJ, here’s some advice: keep saving. When you’re old enough, get a job that will pay you better money, maybe a paper route when your folks think you’re old enough. Keep saving and finding better paying jobs. You’re wise enough to know that your dream takes money and you’ve already started to plan and save for that dream. Good for you. If your dreams change a bit in the next few years, you’ll be prepared for that as well. And when you finally get your big company going, give another kid a chance to save for his dream.

P.S. Check out my website link for some of the stuff that can be made with LEGO.

I’m probably reading into this far too much, but I’d rather see a kid of that age who is completely ignorant of money than one who could do their parents taxes.

I suggest C.J. start posting on construction blogs.

I told him “Yep, but the key to interest is to make sure it’s always something someone pays YOU, and not the other way around”

Kudos to his parents for teaching him about money. He sure didn’t learn it at school or on TV. I have no doubt CJ will be very wealthy some day.