No Risk, High Return

My dad doesn’t change his phone unless it’s broken. His only luxury item is a Louis Vuitton shoes we bought for his birthday (using mom’s money ofc). He never takes business class when most of his work requires traveling to other cities or country.

Yet, he always splurges on education.

Two years ago, I wanted to go to a public speaking training but was unsure to pay $150 for it. When I asked him about it, he gave an answer that echoes with me every time I’m trying to be economical with my learning: never be frugal when it comes to investing for your mind.

He would always say yes when I ask him to buy books without looking at the price. When I was hesitant to take a course because of the fees, he would offer to pay immediately.

My dad knew that money spent for education is not an expense, it’s an investment. It’s risk free, and the return will be higher than buying GameStop shares.