![]() ![]() It's an interactive tool that simulates real-life financial situations, allowing players to experience the highs and lows of investing in stocks, bonds, mutual funds, businesses, and more. #CashFlow202 #PersonalFinanceClick to Tweet How Can I Get Started With Cashflow 202? Roll the dice, make wise financial decisions, and watch your Cashflow grow. Learn how to manage your money and increase your net worth with Cashflow 202. ![]() Each decision has its risks and rewards, affecting the player's overall cash flow at the end of each round. These decisions include investing in stocks or real estate, taking out loans, paying off debt, and learning when to buy or sell. The game's goal is for players to find fun regardless of the details required to get out of the “rat race” and increase their monthly cash flow over time by making wise financial choices.Īs they move around the board, they encounter various events requiring them to decide how to manage their money. It works by having players take turns rolling dice and moving around a board (called the “rat race” at this beginning, and later the “fast track”) representing different aspects of personal finance. A minimum of 2 players and maximum of 6 players, if you are interested to try, just drop me a message here, and probably we can organize one game session if there are 4 to 6 players.How Do Real-Life Financial Strategies Work?Ĭashflow 202 is an investing game designed to teach players about personal finance. A set of board game cost approximate RM199, else you may participate in any Cashflow 101 board game session around Penang. Sounds pretty interesting right? So go the nearest board game outlet and grab yourself a cash flow game here in Penang. Players have to jot down their financial statement for easy reference. While playing, ‘score cards’ and financial statement will also be included. In order to win, your goal is to purchase your ‘dream’ which will be selected at the beginning of the game or by achieving a set target, with an additional $50,000 through purchases of business opportunities. You will obtain a ‘new earnings’ by increasing your passive income by 100. Once you have successfully fled from the ‘rate race’ and stepped into the second stage which is call ‘ the fast track’. ![]() However, during this stage, no winners will be named. The key is to make sure your earnings exceed your expenses. This can be achieved with the purchases of properties, businesses or investments like mutual fund or stock. In this stage, players’ objective is to escape from the ‘ rat race’ by generating positive cash flow or ‘ passive income’. Such can be seen as this board game comes in two stages. How? The idea of passive income itself requires more creative thinking to fully grab hold of how it actually works, hence, with the help of this board game you can have a brief idea on how to manage your everyday businesses without much hiccups.Īs stated in his writing of Rich Dad Poor Dad, Robert Kiyosaki incorporates some of his personal findings into this cashflow board game. What’s more, it teaches you a thing or two every time you play it, even after you had played it for a hundred times. This is not only a magnificent board game, but it is also fun to play with. All the teaching conducted by Robert Kiyosaki in this Cashflow 101 board game is about passive income and how to think out of the box. He encourages self education on the money subject and had a wonderful insight on how to generate more income through the study of financial statement or how to make your money grow with little effort, which will eventually get you out of the ‘rat race’. The primary objective by Robert Kiyosaki in creating this board game is to share his financial knowledge of the Rich Dad Poor Dad ontology. Now players have the chance to experience the greatness of this Cash flow 101 board game in Malaysia. Such can be achieved by practicing the essence of accounting while simulating the financial input or cash flow through risk free setting the money. It is an educational board game that strive to instil the investing ideas into the mind of the player by teaching them how to make their money work for them. An excellent creation by Robert Kiyosaki, the renowned author of Rich Dad Poor Dad had landed here in Malaysia many years ago, called the CashFlow 101. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |