Examples of big deals are apartments, large businesses and 8 plexes.Ĭ)Market: The market shows players the events of the game such as business opportunity or trends.ĭ) Doodad: These are unnecessary expenses that players have to spend. Let’s check out each of them:Ī) Small Deal: This opportunity card contains investments like stocks, businesses and real estate that costs $5000 or belowī) Big Deal: Big deal cards include investments that costs $6000 or more. Instead of having “chance and trasure chest” deck cards like those in Monopoly, you’ll have 4 different decks in Cash Flow 101. Types of Cards in Rich Dad Cashflow 101 Board Game Players do that by earning enough income producing assets (passive income) to exceed their monthly expensesī) Once players move to the fast track, their next goal is to land on their dream space (which they would have chosen earlier) or reach the $50000 mark in passive income to win the game. The game has two objectives:Ī) The first one is to move from the rat race out onto the fast track. One is called the “Rat Race” (the circular track) and the other track is called the “Fast Track”. Is Rich Dad Cashflow 101 Board Game Worth The Money? This product was created and designed by Robert Kiyosaki way back in 1996 to teach people about money and investing.
Cashflow 101 game review free#
Read 100% Free Rich Dad Cashflow 101 Board Game Review by Scamorno Team Details SystemįULL REVIEW OF Rich Dad Cashflow 101 Board GameĪ rival to Monopoly, Cash Flow 101 is gaining popularity and strong support throughout the richdad community.
Cashflow 101 game review how to#
Rich Dad Cashflow 101 Board Game is a powerful investing board- game that teaches players how to get out of the “rat race” Rich Dad Cashflow 101 Board Game Preview: (to pause video, simply tap/click on it)Ĭreated by Rich Dad Robert Kiyosaki to teach people about investing and money
$id = $_GET Rich Dad Cashflow 101 Board Game REVIEW We may receive compensation from the companies mentioned in this post. According to Kiyosaki, playing the game monthly should help you do just that.At, we stick to strict standards of a review process. This is an expensive game, but I believe the investment can be justified if it helps provide the mindset required for helping your family and yourself truly get out of the rat race. In the second part, "the fast track", the objective is to win the game by being the first person to buy your "dream" or to accumulate $50,000 in monthly cash flow from businesses purchased on the Fast Track. Progress is tracked on personal balance sheets and income statements. The consequences of chance and choices are highlighted in the game. Monthly expenses can be reduced by paying off debts. You can also have the "misfortune" of buying expensive "toys" or having children, requiring monthly payments that make it harder to exit the rat race. You get opportunities to make investments that can eventually generate the cash flow required to get out of the rat race. Those with a higher salary also have higher monthly expenses. You draw a career card that gives you your beginning salary and monthly expenses. In the first part, "the rat race", your objective is to "get out of the rat race" by building your passive income to be greater than your monthly expenses. Although the instructions say to plan on spending about three hours to play the game, it took us six hours this first time. I received a CashFlow game from my wife, Janet, for Christmas and played a round with my adult children, Dawn and James, on New Years day. How can you show how investment principles work in a way that makes them clear in a fun way? A game! That is how Robert Kiyosaki came to develop the CashFlow game. A friend's "Rich Dad" father took Robert under his wing and showed him how he acquired wealth. His actual "Poor Dad" father was a highly-ranked school administrator, who constantly argued with his wife over money matters. In Rich Dad, Poor Dad, Robert Kiyosaki explained how this became clear to him at a young age.
When we enter the workforce, the tendency is to fall into "the rat race", spending about what we make and never becoming financially independent. They believe getting a college education should result in getting a good job. Many people view a college education as a type of trade school. The American educational system is designed to develop good employees, not entrepreneurs or investors. Why review a game in a tax and business newsletter? Because this game is designed to help develop business and investment skills. *A Game Review* CashFlow - Investing 101 By Robert T.