If you have played monopoly and have bought land, build houses and hotels, why are you not doing it in your real life? Are you rolling the dices, walking around the board in circle without buying anything?
The more I go in life, the more I think Monopoly is such a genius game. Like not buying a property is like going through the game without buying anything? You can collect $200 everytime you go pass "start" but will you ever get ahead?
You need to buy land to build houses. You have to build 4 houses to make a hotel. And anyone landing in those houses andnhotels of yours would be crying tears of frustration.
Back in 2015, I read a book by Peter Schiff and he outlined what was going to happen in the next 30-40y. Being the nerd that I am, I wrote it all down on an excel spread sheet so I can back track it.
I'm re looking at this spread sheet again now. It's surprisingly accurate ๐ง
Ah yes. The joy of working with people.
And they say we have a housing crisis.
We are their only job atm. They have no plan to work two jobs.
When the universe aligns to help you but hey, why not just go out of your way to avoid it.
๐
So we run a small business.
We have this genZ employee whose dad is so worried about them being able to buy a house.
Dad said he would match 100% of their saving in a year time to get them into a property.
Us, naturally, after hearing this, assigned a bit more time/shift to them so they can save.
They then don't turn up to their shifts more often (sick) and also don't want to start earlier as they want to sleep in.
Us: Don't you want to save more money?
Them: Not really.
I am rereading Mohnish Pabrai's book and rewatching a lot of his interviews/talks and still think he is a pot of gold moving around.
Even more now that we are running a business and so much of what he said is so relevant.
I am the type who save every single penny and put them in stock/property.
The complaints I heard most from my spouse are that the more money he makes, the less he gets to see/spend them.
Me: You work too hard for this, I am protecting them at all cost.
Yet he still complained.
One day, one of his friends got divorced. By then, the friend realised that his wife had spent all their saving, and even got them into debt. He ended up with their 2 kids, no money, no assets, no house, and just debt.
Me: Now, would you rather I protect your money or not?
And don't tell people they are doing a good job and give them a 4 star review. It is like you tell your wife you love her and then go sleep w someone else. Just don't.
So I just want to vent a little bit. Opening a business is probably the hardest thing we have ever done in our life. Nothing even comes close to this level of hardness.
The first day we opened, we didn't expect it to be sooooo busy.