Cashflow 101 And 202 Shopping
We've taken our amazing CASHFLOW® Classic one step further. Introducing CASHFLOW® Mobile! Creative X Fi Drivers Ubuntu more. It's the same CASHFLOW®. Cashflow 101 & 202 Board Game - Rich Dad Poor Dad. Westmont, IL. CASHFLOW 101 is an educational board game that simulates real life financial strategies.
The objective of Cashflow 101 E-game is to get out of the rat race and into the fast track to achieve your dream, that is, to achieve financial freedom. As a person who has never played the real Cashflow board game before, I find the digital/software version pretty interesting and quite addictive. At first impression, the e-game was amazing in graphics but needs more improvements in the background music and game options. 202 is a little better.
But good all round learning tool! Earlier this past week I was asked to evaluate the Electronic version of Rich Dad’s Cashflow 101 game. So, what I decided to do was play it a few dozen times, take some screen captures and post them here in this blog to get some other opinions on this terrific game. For those of you who are not familiar with Robert Kiyosaki and his famous book “Rich Dad Poor Dad”, “Cashlow Quadrant” and a handful of othershe has developed a board game called CASHFLOW. There is a Kids version of this game, as well as a pc version called Cashflow 101, and the more advanced pc version called Cashflow 202. Today I thought I would tell you a little bit about the game in general and then show you some screenshots. Essentially, the object of this game is to collect more passive income than you have as expenses.
Those who achieve this are raised to a state known as the “fast track”. So what is this game all about and how can it help me?
The game starts off by assigning you a character and corresponding profession. You get to pick which Dream you would like to shoot for.
Dreams can be something like being able to heli ski the swiss alps, have dinner with the President, join the peace corps and conduct humanitarian missions, etc. But you need to earn enough to buy those dreams. Now, the fundamentals of the game are limited at best however they do do a good job in helping you decide what impact your cashflow will be if you buy a small deal or a big deal. Small deals are generally small homes, condos, stock market deals, etc.
While big deals could be large 24 unit apartment complexes, 8 plex, 4 plex, duplex, car wash, beauty salon, trucking business, etc. The fun part about playing this game especially the electronic version, is that you can have the computer generate 4 pc characters you can play against. Each character may be a firefighter, policeman, lawyer, web designer, doctor, etc. When the game begins it assigns a character to you and if they make you a lawyeryou will have to pay back school loans, credit card debt, retail debt, car loans, mortgages, etc. Again the whole idea is to get you out of the rat race and into living a comfortable life existing on enough passive income to do all of those things you have always wanted to do. This game does have it’s limitations, which I won’t bother addressing here however, it is truly a delight to play. I have only reviewed CASHFLOW 101 at this time but do expect to evaluate CASHFLOW 202 as well as the Kids version of the game.
In closing, if you are interested in increasing your financial understandingthis may very well be a fun and exciting way to learn. Betharia Sonata Best Of The Best Rar. Download Official Scrabble Players Dictionary Rapidshare here. Direct Link Keepshare (No Password).
I have played these games and as far as pricing goes - they are very expensive to own. You can learn many of the same principles by playing monopoly. There is even a book out called 'Everything I know about business - I learned playing monopoly'. I bought several copies and geve them to my brothers and sisters as a thank-you for those sunday afternoon 4-hour games we had.
Their attempts at winning by cheating helped out too. As a kid you do not think of changing in 4 green houses for 1 hotel as doing a 1031 exchange. Knowing all these things while young probably would have took all the fun out of playing, but again monopoly was originally developed to be used in the business school and not for the public. Thanks for the awesome responses guys! Exactly the input I was looking for!
@Bryan- Do you know if 202 takes these into account somehow? I haven't actually played 202 at all @Will- Haha Is it bad that my first thought after 'Wow, what a fun way to reinforce investment fundamentals' was 'This would be an amazing drinking game' @Rudy- I heard 202 broadens the investment horizon with a lot more stocks and things other than RE. Did you find this in your experience?