The number 1 reason why a game of monopoly ends: someone flips the board 😅
While the game may have caused quite a few arguments amongst our dearest friends, it also gave us financial wisdom that can be applied to the real world.
1) Don’t hold too much cash, build long-term wealth 💵 – The last man standing with money is declared the victor of Monopoly 🏆 Instead of sitting on too much cash, it’s a better idea to invest in property and collect rent to win. In real life, assets increase in value, and investments in them will yield returns for you long term.
2) Save up for rainy days 🌧 – You don’t want to spend all your money right away. You might have to pay rent to an opponent or deal with an unlucky “Chance” card. Monopoly teaches you the importance of budgeting. It is always good to create an emergency fund to survive unpredictable expenses and rough days 💰
3) Diversify your portfolio – A good strategy to win at Monopoly is to buy properties spread across the board to have several chances of capturing rent 🏠 The same principle applies to investments. Don’t put all your eggs in one basket. Diversify your holdings so you’re safe even if one investment decreases in value📈
4) Negotiate your way to success 🌟 – During the game, you might have to negotiate with opponents to borrow money or trade property. This prepares you for real-life negotiations which is a useful skill for your career, whether it’s salary negotiations or obtaining the best prices from suppliers 🙌🏻
5) Stay on course and win at life – The game continues until all players go bankrupt except for one 😏 Patience is the real deal in playing the long game. Akin to the game, when you put in hard work and sheer determination with the belief that there’s light at the end of the tunnel, you achieve all your set goals 🤩
While the game may have caused quite a few arguments amongst our dearest friends, it also gave us financial wisdom that can be applied to the real world.
1) Don’t hold too much cash, build long-term wealth 💵 – The last man standing with money is declared the victor of Monopoly 🏆 Instead of sitting on too much cash, it’s a better idea to invest in property and collect rent to win. In real life, assets increase in value, and investments in them will yield returns for you long term.
2) Save up for rainy days 🌧 – You don’t want to spend all your money right away. You might have to pay rent to an opponent or deal with an unlucky “Chance” card. Monopoly teaches you the importance of budgeting. It is always good to create an emergency fund to survive unpredictable expenses and rough days 💰
3) Diversify your portfolio – A good strategy to win at Monopoly is to buy properties spread across the board to have several chances of capturing rent 🏠 The same principle applies to investments. Don’t put all your eggs in one basket. Diversify your holdings so you’re safe even if one investment decreases in value📈
4) Negotiate your way to success 🌟 – During the game, you might have to negotiate with opponents to borrow money or trade property. This prepares you for real-life negotiations which is a useful skill for your career, whether it’s salary negotiations or obtaining the best prices from suppliers 🙌🏻
5) Stay on course and win at life – The game continues until all players go bankrupt except for one 😏 Patience is the real deal in playing the long game. Akin to the game, when you put in hard work and sheer determination with the belief that there’s light at the end of the tunnel, you achieve all your set goals 🤩
