SECTION 5
Cashflow 101 is board game developed by Robert Kiyosaki, the author of the popular Rich Dad Poor Dad series of books.
This game simulates practical situations where you can practice and learn various aspects of investments, like property, stocks, expenses, income, cash flow management and achieving major financial goals.
This game is very easy to play with friends or as family with your spouse and kids above 10 years. Playing this game at home will help you and all in the family to understand the financial concepts while having a good family time.
The main objective of the game is creating a passive income, equal to your regular monthly expenses, helping you get out of the rat race or being financially independent.
Once the player gets out of the rat race, he goes on to the Fast Track, where the onus shifts to achieving his major life goal.
About The Game
No of Players Required : 2 to 6
Time Required : 45 minutes to 4 hours
Objective #1: Get Out of the Rat Race
Each player starts with a random profession like Engineer, Doctor, Teacher, Clerk, Truck Driver etc., and choosing his life goal from the various options provided.
Based on the random profession, the income and expenses are allotted to the player.
Each player begins with the inner circle of the board game called the Rat Race, depicting the real life financial struggles we all have.
He or she will continue to circle in the Rat Race until their passive income from investments exceed their total expenses.
Each player rolls a dice making them land on one of the following tiles:
Opportunity
Doodads
Charity
Pay Check
The Market
Baby or Downsized.
A roll of dice also allows a player to advance to a certain stage where they get paid.
With each turn, players will have the opportunity to make decisions and each decision will impact their financial statement.
Objective #2: Achieve Your Dream
Once a player has built up their passive income more than their expenses, they get “out of the rat race” and move onto the “fast track,” which is the next stage.
With each turn, he or she will have the opportunity to increase their cashflow to achieve their dream.
The first person to achieve their dream is the winner.
This game is an easy introduction to personal finance.
Many people would never have filled out a personal financial statement. This game will show you how to fill out a personal financial statement, it also helps in learning the real meaning of Assets/Liability.
The most interesting aspect of the game is that you can win the game as a truck driver or a doctor, helping you realize the fact that you can be financially successful regardless of your current job or profession.
Cashflow game is available on Apple store and Android to be played on your Ipad or tablet.
Click the following link to know more about the game.
Apple Itunes:
https://itunes.apple.com/us/app/cashflow-the-investing-game/id821135385?mt=8
Android:
https://play.google.com/store/apps/details?id=air.com.tornscreen.cfgame01
I am starting a cashflow game club shortly in Dubai, where readers can play with each other to understand the financial concepts better.