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.