CJ's get rich plans

New! Use this space to post your goals, accomplishments, and setbacks on your path to get rich slowly. Others can read about your situation, and provide critiques and motivation. Look here to find somebody who has experienced a situation similar to yours!

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CJ
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CJ's get rich plans

Postby CJ » Tue Jul 10, 2007 3:11 pm

Hi, I'm 9 and a half years old, almost a teenager. And I'm Mia's son. She said I can write here so I can plan my money and maybe somebody will help me, too. I want to get rich so I can buy a backhoe. A real one, because that's the job I want to do. After I finish college I want to build big buildings and be an inventor. I want to be on Dirty Jobs and Myth Busters, too.

I have $103.57 in my savings account. It's at ING and they paid me $50 just to get it. And they pay me money every month because they use my money, so I get free money all the time. But I can get it back any time I want, they can't keep it. I have some money in my jar that's from my allowance ($8 every two weeks) and money I find at stores on the ground. I always look for money. Yesterday I found 3 dimes, a nickel and 4 pennies at Home Depot. One time I found a 50 cent piece. Dad says I have eagle eyes and I'm good at it. I have almost all the state quarters, too, I need Wyoming next.

I have a job pretty soon to feed the neighbors dogs. I think they'll pay me $20. Half will be for my back hoe and half for a new train. I already have $33 for it. That's my idea, half for each one. And half from my candy machine, but I have to buy more candy after it's gone. I got $7 from my brother because he broke my radio I won at Boy Scouts and that's how I bought the candy. I just now got the machine because I ate a pickle for the first time in my entire life. I ate one bite really fast but mom said that was cheating so I had to eat two more bites really slow. I only ate that pickle because I wanted the candy machine my whole life, but it still didn't taste good. I want a crane machine next and then I'll have two businesses plus my inventions, too. Now I need to find a good place to put the machine so people will put quarters in it. You can get 4 M&M's, but I got 7 once. Mom only got two.

We went on vacation and I wasn't going to take any money to spend but then my Aunt sent me $20 to buy something on our trip. I wanted to save it for my train, but mom said I had to use it the way my Aunt said, so I bought a big stuffed snake. That's one way you can get money - from your Aunt if you use good manners and say thank you and talk to her nice, then she might give you some money for no reason.

That's all I think. Except if we ever have a yard sale I'm going to sell my inventions and some of my toys. I can get enough for the train I think. If you have some more plans for me then you can tell me, okay. Bye.

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morydd
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Postby morydd » Thu Jul 12, 2007 5:59 am

CJ this is a great post, I'd like your permission to to write about your goals on my own website. I think you have some great ideas here. Thanks.
(You should probably have your mom look at the page first. It's not really geared at kids who are almost teenagers.) :)
http://www.morydd.net/
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jdroth
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Postby jdroth » Thu Jul 12, 2007 7:19 am

C.J., it sounds like you're pretty smart. I'll bet you have more money than most of your friends. If you keep saving, you'll just keep getting more money. It might take a while, but eventually you'll be able to buy your backhoe.

My neighbor has a backhoe. He bought it because he loves them, too. He worked hard to save money for it, and now he has it and can use it to help people in the neighborhood. He helped Cyril take down a dead tree. He helped John clear some underbrush. He helped me move three boulders from my driveway into the garden. At his own house, he has moved a bunch of dirt to make a nice hillside. He likes his backhoe, and is glad he saved money for it.

Your mom knows a lot about money. I'll bet she has a lot of good advice for you.

Keep us updated on your progress!

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plonkee
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Postby plonkee » Thu Jul 12, 2007 10:10 am

Wow, you're doing really well CJ. How much do you need for the backhoe? And what is a backhoe anyway?
In mathematics you don't understand things. You just get used to them. John von Neumann

uk personal finance and religion and atheist

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morydd
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Postby morydd » Thu Jul 12, 2007 11:57 am

here's a little blurb about the almighty backhoe:
http://ukweli.wordpress.com/2007/04/05/on-the-backhoe/

I believe, technically, the backhoe is the smaller, articulated scoop at the back. The larger one is, I believe, an endloader
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nickel
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Postby nickel » Thu Jul 12, 2007 11:58 am

plonkee wrote:And what is a backhoe anyway?


Why, it's the opposite of a fronthoe, of course. ;)

(Sorry, but if I didn't say it, someone else would have.)

guinness416
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Postby guinness416 » Thu Jul 12, 2007 12:12 pm

plonkee wrote:Wow, you're doing really well CJ. How much do you need for the backhoe? And what is a backhoe anyway?


A "backhoe" is what we on the other side of the pond call "a JCB"!

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jdroth
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Postby jdroth » Thu Jul 12, 2007 12:19 pm

C.J., I am sending you two books. One is about making money with jobs in your neighborhood or doing your own businesses. (You might be able to do something with your inventions, for example.) The other is about investing, which is another way to make money. The investing book should reach you soon. The other book is on backorder, and you should receive it in August. I hope you like the books.

If you want to write a book review (which is like a book report) on one of them, I would be happy to put it on my web site. You don't have to, though. It's just an idea.

Have fun!

onebigmortarboard
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Postby onebigmortarboard » Thu Jul 12, 2007 12:49 pm

I don't normally comment on these journals, but I have to say:

C.J., good luck with building all your businesses. I have no doubt that you'll buy your backhoe.

(Oh, and I don't like pickles either. I believe in eating cucumbers the way nature intended: without vinegar.)

knikki
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Postby knikki » Fri Jul 13, 2007 5:34 pm

CJ, yesterday I worked on a construction site all day where we were digging all the soil out of an area. WE used a backhoe and dump trucks for ten hours straight. The equipment is all owned by one family and if I have a chance to talk to one of the guys, I will see how the business started. I bet it started with them buying just one backhoe like you want to do.

I also took some pictures of the equipment while it was being used because I thought about you and your goals. They are still on my phone right now, but I will try to post them later or have Morydd do it. He is my husband.

consultantjournal
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Postby consultantjournal » Fri Jul 13, 2007 8:48 pm

CJ, I don't know where you live (and you should not tell strangers on the Internet where you do!), but you might want to see if you live anywhere near the <a href="http://www.diggerland.com/">Diggerland</a> opening in the USA next year. They also have several Diggerlands in Britain. It's a place where you can go drive diggers!
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morydd
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Postby morydd » Sat Jul 14, 2007 8:19 am

Okay, now I want to go to diggerland. That looks like it may be the most awsome place ever.
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