the monopoly game

The monopoly game

I saw this quote a while back

Imagine playing monopoly without buying any assets…

You just move around collecting $200 giving your money to the rich and trying to stay out of jail.

That is how most people live their life.

One of the reasons I love monopoly is because it teaches you the money game it’s up to you to understand how it works. One of the things I do for my kids is to make them understand that money doesn’t really come from trees. I mean it does but it doesn’t. You have to work. I see folks complaining about the price of this going up or why things cost that amount. When will things come down, when will the government step up to help?

We have to understand that back in our parent’s days you could buy a house for 50k, A few years ago you could buy a house for 200k. Now those same houses are almost 500k. The prices of things are moving up and our incomes are not. It sucks so what do you do? Yep, we gotta bring our income up to match the rising economy.

Here are some other things monopoly can teach you

  • Don’t buy all the properties (or things) you see. Greed will have you broke.
  • Take your time before you spend money don’t just buy everything you see or want. Make sure it will have use in the long run or it will be a waste
  • Make the most out of the money you have. We all start off with the same amount in monopoly. Some people use their money to win and others well they lose
how monopoly teaches kids about money

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