...... obviously a good idea in principle BUT is 13 years a bit too young to start off with such a big responsibility? Then again, I suppose with the right support and guidance along the way she will eventually learn to appreciate the value of the home and what it can do for her future.
atlantablackstar.com
Nowadays, it’s common for a girl to receive jewelry, shoes and maybe a phone or some sort of technology for her 13th birthday. But Avee Shabazz of Birmingham, Alabama wanted to give his daughter a gift that would last much longer. So he bought her a three-bedroom, two-bathroom home to help establish her financial future.
“The door is already unlocked,” Shabazz said while handing Ajala the keys to the home.
“I don’t know too many people who had their dad, like, give them a house,” said Ajala Shabazz who turned 13 on July 4, 2020.
His thinking: “Let’s prepare them early,” he said. “Let’s put them in a position early at 13, gift her with a house at 13, teach her how to use that house to build more houses.”
Shabazz said he bought the house for his daughter to help build generational wealth. He saw this house as the starting place to help her begin to create her own financial freedom.
“The objective is to be comfortable,” said Shabazz. “Whatever that means to her is what it means to her. She determines that, right? If she’s cool with having a house without paying bills and working a job, that’s her choice, right? But if she wants to grow it into a multi-million- dollar empire, that’s her choice.”
Ajala says she was excited to receive the big gift, but she also admits she was a little scared.
“I felt like I was too young, you know?” Ajala said. “Like, people always say you’re too young to do this or do that and my dad just gave me a house when I was 13.”
'Let's Prepare Them Early': Father Gifts 13-Year-Old Daughter a Home to Teach Her How to Build Wealth and Her Community
Nowadays, it's common for a girl to receive jewelry, shoes and maybe a phone or some sort of technology for her 13th birthday. But Avee Shabazz of
Nowadays, it’s common for a girl to receive jewelry, shoes and maybe a phone or some sort of technology for her 13th birthday. But Avee Shabazz of Birmingham, Alabama wanted to give his daughter a gift that would last much longer. So he bought her a three-bedroom, two-bathroom home to help establish her financial future.
“The door is already unlocked,” Shabazz said while handing Ajala the keys to the home.
“I don’t know too many people who had their dad, like, give them a house,” said Ajala Shabazz who turned 13 on July 4, 2020.
His thinking: “Let’s prepare them early,” he said. “Let’s put them in a position early at 13, gift her with a house at 13, teach her how to use that house to build more houses.”
Shabazz said he bought the house for his daughter to help build generational wealth. He saw this house as the starting place to help her begin to create her own financial freedom.
“The objective is to be comfortable,” said Shabazz. “Whatever that means to her is what it means to her. She determines that, right? If she’s cool with having a house without paying bills and working a job, that’s her choice, right? But if she wants to grow it into a multi-million- dollar empire, that’s her choice.”
Ajala says she was excited to receive the big gift, but she also admits she was a little scared.
“I felt like I was too young, you know?” Ajala said. “Like, people always say you’re too young to do this or do that and my dad just gave me a house when I was 13.”