All Topics / General Property / cash flow 101
Robert Kiyosaki Cash Flow 101 Board Game, it sounds like fun but is it worth paying a few hundred dollars for??
thanks
james
Most definately, After you’ve got it and played it, you’ll be amazed at the knowledge you pick up for only a few hundred bucks!
Read his books. Much cheaper.
Robert Kiyosaki Cash Flow 101 Board Game, it sounds like fun but is it worth paying a few hundred dollars for??go to ebay! You’ll pick up bargains there. You know how much it cost new then set your high and wait. WIn some lose some.
Try it, you might like it. I bought all but three of my books form there!
CheersCheers
C@34
We brought the cheaper Cashflow for Kids first – really good for kids. Even the adults enjoy it. We then went onto Cashflow 101 and enjoy it as well. We all learn different things all the time. I didn’t worry about the cost – the game is teaching my kids stuff at 10 – 12 which I am learning in my late 30’s/early 40’s. My kids have time on their side so (all well) they can retire in their 30’s not in their 50’s. If I can use this as a tool to teach my kids about finance then the cost is little cf the time it takes to learn about all this stuff. i.e. it is not taught in schools.
Hi JamesR,
If you have the opportunity, purchase the Ultimate Pack from Rich Dad Poor Dad, its a claimable expense on your tax return.
do have all 3, but will admit it does get pretty boring, once you play the game in real life, ive heard the e-game version is much more enjoyable, as you play against people across the globe, and is much quicker.. than to constantly keep changing your balance sheet.
Cheers,
sisHey sis,
I have never heard of the online version, could you give me some more details?
Ian
Silver try this – http://secure.richdad.com/product.asp?id=E101
Should provide some info.Cheers
“Looking forward to the day when I can tell the boss where to go”
Hi Guys,
though i will admit, cashflow 202 is more of a challenge, but better to be played with 3 people, playing cashflow 101, after a while does get a little boring…
though like noted, to play cashflow 202, you need to purchase cashflow 101. (game components are used from the first version).
Cheers,
sisOne option is instead of spending hundreds on roberts games, spend the same amount on a million dollar life insurance plan so when you die your kids automatically get rich. YAY!
Or ask something like this, does someone in Melbourne already have it, we should get together sometime in a group and play!! E mail me!
KevinOne option is instead of spending hundreds on roberts games, spend the same amount on a million dollar life insurance plan so when you die your kids automatically get rich. YAY!
Or ask something like this, does someone in Melbourne already have it, we should get together sometime in a group and play!! E mail me!
KevinJames,
I am nearing completion on a course work masters in applied finance.
PELS Debt: Approx. $14000.
I recently bought Cashflow 101 and RK’s first 4 books.
Price: Approx. $400.
While reading these books and playing the game won’t get you much credibility in corporate finance, for all practical purposes I have learned more from RK’s products.
The small outlay for your education will save you exponential dollars in the long term.
Apples.
Hi all,
I have the cashflow 101 game on CD. It is great fun because if you can’t get someone to play with you on the board game, you can always play against multiple computer players with the cd game.[biggrin]
Mind you, the instructions say it is virtually impossible to go bankrupt, but I seem to be able to be able to make it a regular occurrance.[confused2]
If you want to get out of a hole, first stop digging.
Some may find this a little strange, but since reading Rich Dad and not being ready to fork out for Cashflow I have started playing Monopoly again.
To my surprise I had a much deeper understanding of how to win from reading the book and in the first game was able to utterly destroy my opponents [baaa].
Seriously though, it shows how simple the principles of making money really are – acquire assets that give you income and look after your cashflow.Ben [buz2]
yay, monopoly, i loved monpoly, although i never actually got to finish a game… someone always has an argument and the board ends up upside down.[blink] but yes, i just finished reading rich dad poor dad (very enlightening) but i cant see myself spending that much on a board game (all my books are borrowed out from the local library) [happy3]
~stormoro?
Originally posted by Brenda Irwin:Mind you, the instructions say it is virtually impossible to go bankrupt, but I seem to be able to be able to make it a regular occurrance.[confused2]
And when you stop your propensity to ‘go bankrupt’ you may be able to buy an investment property – or two[biggrin]
Congrats on the API articles and your achievements to date.
Derek
[email protected]Property Investment Support Available. Ongoing and never stopping. PM welcome.
Buy the pack of Cashflow101 + Cashflow for kids for $340 i think it was, then sell cashflow for kids for $100. That’s what I did
Thanks guys. Looks like I’ll have to get the game just to try it out, secondhand if I can.
james
Originally posted by Brenda Irwin:
Mind you, the instructions say it is virtually impossible to go bankrupt, but I seem to be able to be able to make it a regular occurrance.[confused2]Hey Brenda – me too[biggrin]
I usually remember to borrow however much I need to pay the bank on payday[whistle], but sometimes I forget and just hit Enter, not realising that I’m probably going to pass payday. Then they hit me with it, and I’m in trouble…[biggrin] Then if you do get out of it, they make you sit out three turns anyway[thumbsdownanim
Cheers
MelHi there,
I think it is worth paying. It teaches you about financial statements as this is a very important skill to building your wealth. You first have to understand where your financial position is before you can move forward. You may want to check on e-bay you may pick it up much cheaper.
Cheers
Mark
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