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How to play cashflow 101
How to play cashflow 101





And the third time, I finished the game as a second placer against two other. The second one, I went to play against two other competitors but unfortunately, I ended up bankrupt because of a bad deal that I went into. The first time I won with 910 points against one competitor. I initially played the cashflow 101 e-game thrice. Beware though that there is such thing as divorce in the fast track where you will lose all your cash. It would then be a race towards that goal against other competitors.

how to play cashflow 101

You will have a definite passive income goal to win in the fast track and to win the entire game. Once you are already in the fast track, it is very easy to win the game as your income will be multiplied by 100. And if you have enough passive income, you can now go to the fast track where you can now enjoy a lot of your dreams. As you increase your passive income, the green color also increases. The very idea of the game is to accumulate enough passive income by buying assets. Kiyosaki says that if you want money, you should first give money. If you chose to give, then the amount will be deducted to your cash. In other words, you should give but it would be an option on your part. Lastly, charity relies on the concept of the law of reciprocation. In this case, you will lose 2 turns and lose a portion of your cash to fund your needs.Ĭharity. Downsizing also depicts the real happening of being fired or unemployed. It would be based on your net monthly cashflow in your income statement.ĭownsizing. The paycheck though, in this game, is not fixed. And each time you land on this option, you will get your paycheck that will be added to your cash. At the start of the game, you will be notified of your profession or your job. Paycheck depicts the real world of employment. And there will be a maximum of 3 babies in the entire game. In the game, when you land in this option, there will be an additional cost that will be added to your expenses. Baby depicts the real happening of raising a family. Be sure though to implement the basics and that is to buy low during the opportunity and sell high during the market.īaby. Say for example, you bought a land when you landed on the opportunity option, it is this time that a buyer will offer you to buy that land. When you land in this option, you are offered by a buyer. Markets serve as opportunities for holders of assets. You can borrow a loan from the bank to fund these deals if you don’t have enough cash provided you can also pay them or else you will go bankrupt. Each opportunity represent an ROI or return on investments. Deals can either be stocks, mutual fund, business, or real estate opportunities. Small deals are deals that involves small money while big deals involve large sums of money. It is broken down into two: small deal and big deal. Opportunites serve as deals for you to grab.

how to play cashflow 101

These are things such as a huge discount on items, a promotional discounted vacation, etc. In the game, you cannot resist it and definitely you are compelled to buy it which you can pay by either cash or credit cards. Doodads are simply the expensive wants that we can’t resist. This is also a good practice to know basic principles of accounting and auditing.įor every roll of the dice, you can land into one of the following:ĭoodads. In the rat race, there is an income statement and balance sheet column for which you need to place each transaction in the game and sum it up.

how to play cashflow 101

I think the dice perse in the game represents the uncertainty in the real world. The rate race is simply for the average person while the fast track is for rich persons. You can play the game against a maximum of 4 other players.īoth of them are tracks of income and spend but for the fast track, you’ve got options for lavish lifestyles and big expenditures such as taking a vacation, funding a research, running for a mayor position, etc. īasically, there are two tracks of the game: The Rat Race and The Fast Track. From Cashflow 101 E-Game, you can play a more advanced game, the CASHFLOW 202 The E-Game.

how to play cashflow 101

I can definitely say that it’s one of the best games to play when you want to increase your financial literacy. I never played the actual cashflow game yet but thanks to a college friend who gave me a copy of the cashflow 101 e-game. As I continue my financial education, yesterday I first played the Cashflow 101 E-Game.







How to play cashflow 101