Robert Kiyosaki also designed two other Cashflow games: a children's version called Cashflow for Kids, and a follow-up game to Cashflow 101 for more advanced players, which he released as Cashflow 202. It generally shows how assets generate income and demonstrates that liabilities and 'doodads' are expenses. The game requires the players to fill out their own financial statements so that they can see more clearly what is happening with their money. In place of “score cards”, there are financial statements. To win, a player must get his or her character to buy their "dream" or accumulate an additional $50,000 in monthly cash flow. The winner is determined in the second stage, "the fast track". In the first, "the rat race", the player aims to raise his or her character's passive income level to where it exceeds the character's expenses. This could mean discussing strategies, sharing ideas on how best to approach certain situations within the game itself, or even debating financial concepts outside of it that may apply when playing Cashflow 202, such as diversifying investments or understanding compound interest rates.Template:Infobox Game Cashflow 101 is an educational tool in board game format designed by Robert Kiyosaki (author of Rich Dad, Poor Dad), which aims to teach the players concepts of investing by having their money work for them in a risk free setting (play money) while simultaneously increasing their financial literacy and stressing the imperative nature of accountability. Players are encouraged to collaborate during gameplay for everyone involved to get the most out of Cashflow 202. Remember to ask for your paycheck, or you won't get paid! As you move around the board, you must decide how best to use your resources to build wealth over time. Players roll dice and move around a board representing different aspects of financial life such as stocks, real estate, businesses, investments, etc. Games require at least two people, but they can be played with up to six people at once. How many people do you need to play Cashflow 202? Playing Cashflow 202 can be a great way to gain financial literacy and understand how cash flow works. Playing Cashflow 202 helps players learn money management skills in a safe environment.Ĭashflow 202 is a board game that allows people to bond with friends or family while learning about money management.Ĭashflow 202 is a virtual world where players can try different financial strategies without risking any capital investment. What Are Some Benefits of an educational board game? From there, roll the dice and let the fun begin. Once you have your group together, read through the instructions carefully, so everyone understands how the game works before starting your first round. To play, you need a copy of the board game (available online or in stores) and some friends or family members willing to join you in playing it. The game's goal is to become financially independent by increasing your monthly cash flow through intelligent investments that allow you to “retire,” aka exit the “rat race. It's an interactive tool that simulates real-life financial situations, allowing players to experience the highs and lows of investing in stocks, bonds, mutual funds, businesses, and more. #CashFlow202 #PersonalFinanceClick to Tweet How Can I Get Started With Cashflow 202? Roll the dice, make wise financial decisions, and watch your Cashflow grow. Learn how to manage your money and increase your net worth with Cashflow 202. Each decision has its risks and rewards, affecting the player's overall cash flow at the end of each round. These decisions include investing in stocks or real estate, taking out loans, paying off debt, and learning when to buy or sell. The game's goal is for players to find fun regardless of the details required to get out of the “rat race” and increase their monthly cash flow over time by making wise financial choices.Īs they move around the board, they encounter various events requiring them to decide how to manage their money. It works by having players take turns rolling dice and moving around a board (called the “rat race” at this beginning, and later the “fast track”) representing different aspects of personal finance. How Do Real-Life Financial Strategies Work?Ĭashflow 202 is an investing game designed to teach players about personal finance.
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