#1 Gift, for the Person Who has Everything

Coffee (me) has just completed the most intensive statistical dive (science) known to mankind to bring you the #1 bestest gift for that person who already has everything they need and want…

That’s right folks, a feather duster. How else could a person keep the dust off of all of their possessions? Any person who has anything knows that dust accumulation is a real problem.

Anyway, back to the intent of this post. People tend to value that which they do not already possess, whether skills and traits or physical possessions that immediately depreciate upon purchase.

The reason for this gluttony of wasted space and the inability to attain satisfaction is because of bad parenting, plain and simple. Bad parenting is truly the reason for all of our problems, both collectively and individually. Bad parents do not impart true value onto their children, then it only serves to reason why unhappiness and debt abound.

If you’re not going to give me land, then give me a gun to protect and defend my land.

If you refuse to give me either, then don’t give me anything.

Take education for example. If parents truly feel that a college education is of the utmost importance, then it’s the parents who should foot the bill, not the young adult. If more parents wanted to be good parents, then they would pay for the education of their own children, out of their own wallet. It is unfair and completely unrealistic to expect a person starting their own life, for the first time ever, to pay for their preparation.

I would argue that it is far more beneficial (money wise) for any young person to enter into a home mortgage sooner, than to finance their own education. Since the educational loan is more of a high risk action than financing a home ever will be. Real estate has a proven long term track record of appreciating, whereas the value of a college education is subjective at best.

Parents need to stop thinking solely about their own kids and start to think about their unborn grandchildren. If parents would fund college, and their kids bought their own home, then that is how generational wealth is built. Don’t put the burden of education and the financing of that education on the child, parents should be taking that risk and encouraging their children to enter into home ownership sooner. Since a home mortgage is a far safer investment than any college loan.

If you know anything about Real Estate, then you know that anybody who has Real Money, has that money in Real Estate. From the House of Windsor the Kardashians.

They all are property OWNERS.

Only the property owner retains their name and their wealth. Only the PROPERTY OWNER maintains their power and widens their influence over others.

It is the simpleton who attempts to compete with the property owner while remaining a Tenant. The thought that disposable “luxury” items, exhibit wealth, is laughable at best. The richest among us sport overalls and calloused hands, since true wealth involves knowing what money really looks like.

(Do you know what the price per pound of copper is these days?)

Only a fool competes with those around them. It’s the person who wants to build something sustainable that will last for generations, who exercises the self discipline necessary to acquire the amount of property required for a family to build an empire.

From the various Indian territories of the past to the property tax that must be paid annually. Land ownership has and always will be all that ever matters.

If you want your family name forgotten, then you will always rent and borrow.

So…when you see the masses rushing out to the sales this Cyber Monday and Black Friday…

Rest assured, that when times get tough, they will also rush to sell their property, since they live on credit and rarely ever own land.

Recognize value when you see it and teach your children the same. Value what is real and toss out that which takes up valuable space. Or else, get a duster, since you’ll need it, to reassure yourself that what worthless items you surround yourself with, still “look new”.

After all, sentimental value won’t feed the family or protect them from the elements.

Advertisements

40 thoughts on “#1 Gift, for the Person Who has Everything

  1. I would love to be a homeowner rather than a renter. So would my mother. So would my daughters. My daughters may realize that dream someday. I guess we could move to a different
    area or state where the cost of living isn’t so high, but I do love where I live.

    I agree that “stuff” is a waste. I have clothes that are older than my younger daughter. I only buy a new phone when I have to. My girls weren’t raised materialistic. They never had a playstation or xbox. Our tradition is everyone gets pajamas, socks and underwear for Christmas. Sometimes slippers too if it’s been a good year money wise.
    Ben gets toys too, he’s still a kid.

    Shopping Therapy will just leave one with a bigger hole in their wallet. Unless they have millions of disposable dollars.

    1. bottomlesscoffee007

      I can say this Granny. We don’t have Uber and we don’t have cheap internet. Where I live, some may call the boonies. It is cheaper here than where you are.

      I think people get wrapped around the price, when really, the price is insignificant. If a person doesn’t have enough money, they will never have enough money.

      Some do more with less and all it takes is a small amount to begin.

      I think the biggest hurtle for most is the overall cost and the amount of time it takes. So, instead they tell themselves they can’t right now. Which turns into years.

      Some are happy to rent and in some areas like metropolitan locals like NYC and LA/SF/SD, renting may be cheaper than buying.

      But a person who owns their home…has something real to pass onto their heirs. And that is all it takes for a family to build an empire.

      Instead of always passing the cost onto our children, we could be giving something to our grandchildren, which directly translates into a better and better life as time passes.

      Like I said, all it takes if for our great great grandparents to decide to own something instead of constant borrowing. I hope to be that great great grandparent one day.

    2. bottomlesscoffee007

      Then again, if families don’t stick together…how can a single mother or a single father expect to pay for their child’s college education…

      Perhaps when families stick together, they have more abilities to excel.

      Thus, another example of how feminism doesn’t work.

      Perhaps, the current financial inabilities of most, prove yet again that men and women belong together, companions instead of rivals.

      1. Families helping each other is good. It works for me and my daughters. Not so much my mother or brother.
        People are complicated. Relationships between people are even more complicated.
        My daughters and I were better when my ex left.
        Complicated.

    3. Yeah, we’re similar. When it comes to birthdays, depending on the age of the child, my parents will mainly just buy clothes and if the child is young, toys as well. I buy DVDs (only if there’s really good ones), else I just buy chocolate for the birthday person. I’ve only been out to the theatre twice in my life so far (I’ll be going a third time to see Frozen 2 in it’s opening weekend next week – but only because it’s going to be a birthday present for one of my younger brothers).

      1. I do occasionally splurge on a book or concert tickets. But what we “have” shouldn’t matter. We should care more about what we DO and who we ARE, our values, morals. My opinion anyway.🤷🏼‍♀️

        1. Yep, agree. I usually borrow movies and books from the library and if they are really good, I might look at buying them, but only occasionally.
          Totally right. Well said. How we spend the time we are giving is extremely important.

  2. I understand what you’re trying to say, but I think parents get their kids to pay for their college education to start getting them in the habit of money management and dealing with debt, which I think is not quite as risky as getting them to buy their own house and learn it that way. But, I’m not entirely sure how it all works, so may not be right.

    1. bottomlesscoffee007

      How can parents recommend to their own children to spend money they don’t have on an education that may not pan out for a few years?

      How can parents recommend an education loan to their own children, rather than assisting them with buying their first home, regardless of size or price?

      I would much rather my children finance a $80k home, than finance $60k on an education.

      Purchasing a home is usually much cheaper than renting and it creates another avenue for continuous revenue in the near term. By way of renters. A positive versus a negative.

      The world used to be populated with owners and now is populated with renters. Is it any wonder why values have tanked since ownership has slowly become a thing of the past?

      1. Oh, I’m know that being an owner is cheaper than a renter.
        True, when you put it like that. As I said, I didn’t know how it all worked. Guess I was wrong.

  3. Some really interesting things in this one! A feather duster indeed!

    Your suggestion to finance home ownership for our young adult children instead of, or in addition to, high education is truly interesting!

                    1. bottomlesscoffee007

                      I’m just trying to think of random house hold cleaning tasks. Lemme know when I get one right.

                    2. bottomlesscoffee007

                      Maybe, here’s an idea…what if I use these ideas for my sponsors?!?!?!

                      Just kidding, that’s actually a great idea Goldie.

  4. I disagree about parents paying for a child’s college education. I think that a student who has to pay for their own education has a better understanding of the value of it and makes for a better student. This was our experience with our children – while they were working hard to make the grades, earn scholarships and working part-time jobs, their friends whose parents were footing the bill were blowing off assignments and failing classes. I spoke to a college professor about this once and she agreed, saying she sees that all the time.

    1. bottomlesscoffee007

      Did all of the kids whose parents paid waste their parents money? Did all of the kids who took out loans go on to have successful and lucrative careers?

      Why do colleges charge so much yet pump out a message of inequality and inequity?

      1. I am certain the answers to your first questions are No and No but I am certain that my own know the value of their education.
        Why do colleges charge so much – because people pay it!
        Here was our experience with inequality – My daughter applied for federal loans – she was awarded a certain amount. If I had applied she would have been awarded more based on my income/credit. That made sense because I would have been securing the loan. Then she was also told that if I applied and was denied because of my income/credit she still would have been awarded more. So they are trying to force the middle class parents to go into debt over their children’s educations but not the lower class. FAIR?

        1. bottomlesscoffee007

          Why do you think there are so many organizations out there that offer free or heavily discounted food, but no organizations that offer free college education or diplomas?

          1. There are actually a lot of organizations that offer scholarships. They may not cover full tuition but they can add up. My one daughter probably paid for half of her education through scholarships. People just need to seek them out and apply. It’s not always easy.

    2. bottomlesscoffee007

      To be honest, I don’t totally disagree with you, I do think however, that the simplicity of attaining a college loan, makes this idea of a college loan crisis almost a self inflicted issue, not my issue.

      Also, if parents think that their child should go to college, then really, it should be on the parents to foot the bill.

      If I convince my family that we should eat out, then it is incumbent upon me to pay for everyone.

      Why is it expected to have an open bar and free food at a wedding, but it’s expected for a new adult to pay for their own education or worse yet, finance their own education?

      1. I agree on your first point – just like the mortgage crisis. HELLO!!!
        It was not my decision for my kids to go to college. While they were in high school we told them they need to begin planning for their future. If they were planning on going to college then they needed to start thinking about and working toward scholarships and such. There are other options. Once they became adults we expected them to BE adults. We helped them out when we could (without going into debt). They were able to live at home rent free if they wanted to commute to school, We had bought them each their first car and continued to pay their car insurance while they were in school, we also helped them pay for books when needed.

        If I had to pay for their education I also would want to choose what they study.

        When my one daughter married she had a small wedding (family and a few friends) we split the cost of a dinner with the grooms family. They served coffee and punch but had a cash bar. If/when the others marry we will offer similar. If they want extravagance they will have to foot the bill.

        1. bottomlesscoffee007

          So, you didn’t pay for college outright, but you were physically and emotionally there for them, paid or helped to pay for their transportation and food and books.

          It would seem that we agree on the necessities!

Please Like This Post, Follow and Comment to Aid in the Discussion

This site uses Akismet to reduce spam. Learn how your comment data is processed.