What does the cash flow game teach you?
Cashflow 101 is a boardgame by best selling author Robert Kiyosaki. Through his game, Kiyosaki teaches people how to stop living paycheck-to-paycheck (the rat race) and enjoy success on the “fast track”. It’s a fact that most people lead lives characterized by recurring financial problems and huge debt.
Can you play cashflow by yourself?
Can I play on my own? A: CASHFLOW® was designed to be played by more than one player. Better interaction occurs when 3 to 6 people are playing. By inviting your friends to join you in playing CASHFLOW®, your learning experience will be heightened by the interaction of your group.
Does Kiyosaki own stocks?
That protects the deposits against corporate malfeasance and the other problems that Kiyosaki fears in pension systems. And yet he is railing against all retirement plans, and the ways they are invested. Kiyosaki isn’t buying mutual funds and stocks because he’s “a professional investor.”
Is cashflow a good game?
This is a great game that can teach lots of great financial concepts while having fun. The rat race was designed rather well and helps illustrate how many of us often spend small or large amounts on things that provide us with immediate gratification for a short period of time, but they only do just that.
What are the tokens for in cash flow?
Each turn, the player gets paid a salary. But before taking a salary, expenses need to be subtracted (red tokens), then any cashflow (green asset tokens) need to be added. Each token represents $100. So while a player may start with $1,000 salary, they may end up with only a few hundred dollar payday each turn.
What are the tokens for in cash flow game?
What is the difference between cashflow 101 and 202?
Cashflow 101 is the original game. Cashflow 202 is an advanced expansion pack to the original game. It adds new cards and features to the game, but does not include a board, and you need the original Cashflow 101 game in order to play.
Where does Kiyosaki invest his money?
Kiyosaki says he hedges against the dollar using gold and silver, and remains liquid by buying gold and silver ETFs. “Every time gold and silver drop, I buy the ETFs,” he says.
What caused the stock market crash of 1929?
What Caused the 1929 Stock Market Crash? Among the other causes of the stock market crash of 1929 were low wages, the proliferation of debt, a struggling agricultural sector and an excess of large bank loans that could not be liquidated.
How long does a game of cashflow take?
The first time, it took us about 4+ hours to play with 4 people. Turns, learning rules and making decisions do take time.
Did Kiyosaki make up these rules for real estate?
I didn’t make up these rules!” Robert Kiyosaki famously made his fortune investing in real estate, so it’s not a huge surprise that real estate is depicted pretty positively in the game, but this did not sit well with FIRECracker. “3BR/2BA townhouse. $200k price, $10k downpayment, +$500 cash flow,” she read off a DEAL card she had drawn.
Why I developed the cashflow game?
So, I developed the CASHFLOW game. With the CASHFLOW game, I took the simple rules of Monopoly and applied the complexities of investing scenarios and the effects of markets. In Monopoly you only play against other players. With CASHFLOW, you play against both other players and markets and even nature.
Is cashflow like living with the poor in Calcutta?
While playing CASHFLOW might not have the same level of sacrifice and risk as living with the poor in Calcutta, Mother Teresa’s point about focusing less on words and more on action is a fundamental principle on why we created the game.