That Battleship Costs How Much? Lessons In Investing In A Home From A Young Age

Years ago, I started playing EVE Online. For those of you who aren’t familiar, EVE Online is an MMORPG that involves players joining factions and guilds then fighting for mining and trading rights. The best way to do this is to get a bigger, meaner ship. Collecting the resources for a ship is a daunting task and it takes time. This served as a great lesson for me in real life: save for a home and start saving early. Here’s why:

Resources are finite

In the MMORPG, resources do refresh over time. The same can be said of our cash if we have steady jobs, but this doesn’t hold for the other factors. Land is not a regularly refreshing resource and there’s no guarantee that a house or apartment will be available at your leisure. There may be openings, but the odds of you getting one in a prime location decrease with time.

You don’t know if you can recover what you spend

Unless your money goes to trading stock or investing in BitCoin, chances are, the money you spend isn’t coming back to you. Even if you are trading stock or digital currency, there’s still a chance that it will end in a deficit.

This means that we don’t have the luxury of spending with the mindset of “I can just earn this back when I need it”. Making sure you have savings set aside for a home will prevent you from falling into that trap.


Lately, there seems to be a trend of people getting sicknesses that we usually associate with old age earlier and earlier in life. Hypertension, high blood pressure, and diabetes are just some examples of what people in their 30-40s are being diagnosed with. What does this mean for us? It means that we have to consider the possibility that we won’t be able to work as hard for as long as the previous generation did.

Saving up and being able to purchase a home earlier means that we’ll have the security of having a home we own as we move towards our 40s and 50s. This security means that you won’t have to worry about losing your home because you have to prioritize medical bills over rent.

Have you started saving for your home? Do you already have a home? How did you manage to, or how to you plan to, work towards your owning your own home?

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