Honestly, we can learn a LOT from Monopoly…
For example, look at the key to winning the game: buy up all the real estate!
Because if you don’t, you’ll pay rent to them instead.
Harsh, but it’s true.
Buying a home can be scary for many people. It’s a big investment and it’s where you live, so it will have a big impact on your life.
But renting is also scary. While it’s a lesser up-front expense, you don’t get to build equity. You’re also not in control of the property, so if the owner were ever to sell it… you’d have to find a new place to live, just like that.
At the end of the day, everything you do has an associated risk–it’s all about choosing the risks that will get you the greatest reward.