The first time I played Cashflow I was disappointed that I was the teacher when others were doctors and lawyers. More Income Does Not Always Make Financial Freedom Easier The game shows a different approach, which is financial freedom by having more passive income than expenses.
CASHFLOW 101 GAME LIST OF CONTENTS FREE
The game shows changing markets and their impacts on the investing strategy that you are using.įinancial Freedom Can Mean Different ThingsĪ lot of people think that being financially free means being rich.
After years of appreciation and property values going up, the bubble burst and property values fell a lot in some areas. The game provides a portion of the available strategies that allow people to start to realize how many different strategies there are, such as stock, mutual funds, bonds, real estate, small businesses and large businesses.Īnyone that was investing in real estate around 2008 probably learned this first hand. Many people do not realize that there are various strategies for investing. There are a lot of great things that can be learned by playing Cashflow 101.
This is accomplished by doing “Small Deals” (buying/selling stock, single family homes, land and starting small businesses) as well as “Big Deals” (buying multi-units, businesses and franchises). The objective of the game is to “get out of the rat race” by accumulating enough passive income that exceeds your expenses. Each person is given a profession card that defines their income, expenses, assets and liabilities.
Cashflow 101, created by Rich Dad Poor Dad author Robert Kiyosaki, is an educational board game aimed at teaching investors concepts of accounting, finance and investing.
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