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One of the most well-loved board games of all time, Monopoly is available across countries in many versions and languages. Advanced investment techniques, such as short-selling stocks, puts and calls, and real estate investment strategies (with the Cashflow 202 supplementary).The importance of understanding a financial statement.The difference between assets and liabilities.The Cashflow 101 games seek to teach personal finance lessons, including: What Cashflow 101 Teaches About Finance: The Cashflow family of games provides more detailed material than many other money management and cash flow board games and is an excellent learning tool for all ages. The Cashflow for Kids game can be played by kids as young as six years old. Number and Ages of Players: Cashflow 101 is best suited for two to six players ages 14 and older. The most recent edition of Cashflow 101 includes improved color, graphics, and instructions.
#CASHFLOW 101 GAME NEW HOW TO#
Kiyosaki of “ Rich Dad, Poor Dad” fame created Cashflow 101 to teach players how to take charge of their personal finances, understand cash flow principles, and develop the confidence to make their own investing and real estate decisions. Looking for a cash flow board game? Robert T. Board Games That Teach Financial Literacy 1. From well-known games like Monopoly, to the newer but wildly popular Cashflow 101, there are a number of fun, educational board games available to help people develop and master their financial management skills. Continual revisions to older games keep them relevant to today’s financial world while still teaching players how to build wealth and minimize debt. Some of today’s best money management board games have been popular for years. Fortunately, money management lessons masquerading as games can make learning about finance easy and even fun. It's never to early or too late to play Cashflow 101.Boring educational material on money, credit, and investments can actually discourage people of all ages from learning valuable information that can help them make wise financial decisions. Who knows where I would be today if someone had played a game like this with me when I was younger. Honestly, I feel that this version should be something that is taught in schools. My six year old son wanted to play, so I bought Cashflow for Kids. You can apply everyday life lessons to occurrences in the game from money management, to business to, excessive spending habits as well as building wealth through real estate investing. I think it's a great learning tool for anyone, even if they aren't interested in real estate. I've played several times with other family members and it's always fun to see a "light bulb" come on midway through. I try to play exactly how I want to invest in real life so I can see the ups and downs of my strategy. It was a bit tricky learning how to play the first time but once you get the concept it's actually quite fun. I purchased Cashflow 101 on eBay for $50 (brand new) and was hooked after playing one time. I too was first turned on to real estate investing after reading Rich Dad Poor Dad.
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I would recommend buying it, playing it until you find you aren't learning from it or enjoying it anymore, and then sell it on Craigslist (or here) to get some of your money back. My 11 year old daughter also plays it and enjoys it, though she has found that she enjoys learning about business concepts in general, so take that for what its worth.
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I would call it educational and a good way for certain concepts to gel when you're first starting out. She's not interested in developing RE business acumen (she's content to let me take the lead on that) and doesn't find the game as entertaining as traditional family board games. My wife, who has some moderate involvement in my REI business, found the game to have little replay value. Robert Kiyosaki's book "Rich Dad Poor Dad" is what got me interested in making money for myself rather than depending on someone else for a paycheck.Ĭonsequently, when I decided to get involved in REI, I bought his Cashflow 101 game and played it a few times with my family.