February 2, 2012; Source: NorthbrookPatch | In Northbrook, Ill., 16-year-old Katie Murphy decided to do her part towards paying down the national debt with a donation of $300, and in a smart leveraging strategy, she approached the lofty Mr. Warren Buffet for a matching gift. Buffet responded by mail that he was willing. Murphy says that she got the idea when Buffet made a challenge to Republican lawmakers to donate some of their money to the national debt. At that time, he also offered to double their donations. Murphy decided she’d take him up on it.

It was, says the teen, 15 percent of her current wealth. This video is worth a watch.

–Ruth McCambridge