![]() ![]() Take note that this post is in reference to the Cashflow 101 boardgame. I hope I have answered your questions, just let me know if you need further clarifications. in real life, this is when a property is eventually sold and the profit is used for bigger investments. the propfit can then be used by the players to buy more costlier deals. In real life, this is done through proper management of finances and saving enough capital to buy an investment property.Ī small deal can then be sold later for a hefty profit if a player is able to land on a Market space and gets a market card where buyers are willing to buy those small deals. After enough paychecks, one can get enough cash to get small deals which are worth 5K and below in the game. i usually accumulate savings first by making sure i have a positive cashflow which comes from earned income at the start. Players can buy an asset by paying the downpayment either with the cash he has already saved or by taking out a bank loan. Thanks for your comments and questions! Let me try to answer them here so that everyone with the same questions can also benefit from the answers. I was not able to get out of the rat race during this game but we only played for an hour due to time constraints. Kiyosaki developed his unique economic perspective from two very different influences - his two fathers. Find quality entertainment products to add to your. Lechter 4.13 51,172 ratings1,686 reviews Personal finance author and lecturer Robert T. Shop for Rich Dad CASHFLOW for Kids, Educational Board Game for Ages 6 and UP (1 Piece) at Fred Meyer. My four “green houses” which I’ll exchange for a “red hotel” during a recent game I played with Earth. Kindle 9.99 Rate this book Rich Dad 2 Rich Dads Cashflow Quadrant: Rich Dads Guide to Financial Freedom Robert T. Later on, when the market presents good opportunities, I was able to sell or “flip” these small deals and then I used the profit to buy the bigger deals that produced greater cashflow, allowing me to get out of the rat race. Rich Dad CASHFLOW for Kids Educational Board Game, Learn the Gain of Assets and the Perils of Liabilities for Family Financial Literacy, Ages 6 and UP. In the beginning of the game, I always chose small deals even if they produced little cashflow. Start with small deals first, and the big deals will follow ![]() If the rich dont work for money, what do they work for Cash-flowing assets. My family and I lead simple lives, which explains my very low target monthly passive income which is why I know I am going to get out of the rat race in real life very soon! 2. As the first chapter of Rich Dad Poor Dad states, the rich dont work for money. Harv Eker in his book “Secrets of the Millionaire Mind”. This was also described by Bo Sanchez in his book “Simplify and Live the Good Life” and T. Sell, buy or rent Rich Dads CASHFLOW Quadrant: Rich Dads Guide to Financial Freedom 9781612680057 1612680054, we buy used or new for best buyback price. In real life, I am applying the same strategy by reducing my monthly expenses by leading a simple life.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |