![]() ![]() If you are borrowing it to invest, then you better be earning more than what you pay, or you’re going to be bankrupt pretty fast. It’s not cheap! You have to be very careful when you borrow the money and what you are borrowing it for. You can borrow money from the bank with a fixed monthly interest rate of 10%. The game also nicely covers the concept of borrowing money and what the negative implications of that could be. Although it might complicate the accounting a little bit, it makes it easier for the players with a lower cash level to still get access to bigger deals. You are even able to go in on deals together. The game lets you get creative and buy and sell investments from your co-players. This is much like chasing your own dream in real life – perhaps you want to be a millionaire and enjoy living in a mansion on the beach or owning a nice car! As long as you keep your expenses below your passive income level, you get to stay in the fast track and keep getting richer! The ultimate goal is to chase your “cheese”, the Dream tile on the Fast Track which you identify at the start. The fast track is really just the fun portion of the game (and in life) where players get to make investments and compound their wealth over time. Once you have done that, you’re off to the fast track! The objective of the game is to break out of the rat race by securing enough passive income that all your life expenses are taken care of. Not only that, you have to audit your co-player, so you get the joyous experience of doing the accounting and auditing! All jokes aside, it is actually an interesting exercise once you get the hang of it and is vital to help you keep track of your progress through the game. ![]() The only “boring” part of the game is that you are required to maintain your financial statements. Alternatively, this also includes market-moving events that impact your holdings and may lead to losses. In the game, it means that you can sell your investment to the Bank. The Market cards are where you will find buyers for your investments. Each deal comes with its set of cashflows. Deals come in two sizes – Small Deals (cost of $5,000) or Big Deals (starting at $6,000). When you land on Opportunity, you can draw a Deal card to get a chance at buying in to an investment opportunity. Be careful, landing on Downsized, means your lose your job, but your expenses do not go away! All players start in the daily grind of the rat race with some cash in the bank, dealing with the various opportunities and challenges that life throws up.Īs you proceed through the game, you receive your salary and have to take care of your necessary expenses (Payday tile), may incur some unnecessary spending (Doodad card), and then figure out what to do with the rest of your money. All players are assigned a profession (Nurse, Engineer, Mechanic, etc.) with their corresponding income levels and balance sheet. The board game is structured in two main sections: The Rat Race and The Fast Track. We all loved it!Ĥ.3.1 Cashflow 101 Board Game Advertisements report this ad How do you play Cashflow? I played this game with my friends, my spouse, and my retired parents. The game also helps improve their understanding of cash flow and mental maths. With its easy-to-understand rules, the game is simple and effective, and perfect for children of all ages. It is the perfect way to teach yourself and your children the value of money by teaching 3 most important skills: how to make money, how to manage money, and how to invest money. Games are always a great way to teach many lessons, and this game does that well for kids and for adults too. You don’t read many financial blogs talking about board games, but I have personally found this game to be very useful, so I felt that it is worth sharing my thoughts here. ![]() This board game is a companion to the book Rich Dad Poor Dad by Robert Kiyosaki, which I covered in another article, and is a great way to put in practice what Kiyosaki teaches in the book. I am not a big board game player, but I say from personal experience that this game and the book have been a very important part of my personal journey to financial freedom. Why is a finance site reviewing a board game? Well, we’ve all played Monopoly and tried to build a financial empire, but if you’re looking for a game that will teach you how to be wealthy in real life, Cashflow is the board game you need to consider. ![]()
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