Play Cash Flow Game - Getting out of RAT RACE

  • May 19, 2013 · 2:00 PM
  • This location is shown only to members

Let's play Cashflow and experience the financial world in a board game setting. We will teach you how to play and we will share our financial experiences during and after the game.

Cashflow 101 is an educational tool in board game format designed by Robert T. 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.

There are two stages in the game. A player has to exit the first stage "the rat race" by raising passive income to exceed the expenses. The winner is the first one acheive the goal in the second stage, "the fast track", either by buying the "dream" or by accumulating an additional $50,000 in monthly cash flow.

In place of "score cards", there are financial statements. 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. It generally shows how assets generate income and demonstrates that liabilities and 'doodads' are expenses.

 

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  • Joshua L.

    Since there are members no show and extremely late every time, in order to protect the benefits of responsible members, those frequently late or no show members will lose priority of future events, sorry to be straight and I hope all reponsible members would understand, many thanks.

    May 21, 2013

  • Joshua L.

    Billy, Brian, Dominic, Jon & Nelson, thanks for coming. I wish my experience will help you make better decisions in future investments and financial decisions. One thing I wish all players know, we will only play one Cash Flow game per event since a game required about 3 hours to play for new players, please come on time in the future, many thanks.

    May 21, 2013

  • A former member
    A former member

    Nice game! I learn much from playing this game today, know how to consider a stock and asset to when to buy/sell. Thank you Dominic the banker, and Josha the adviser in the game play. To all(including John, Billy and Brian), its a happy experience~

    May 20, 2013

  • Steven H.

    Sorry, I would love to attend but I double booked. See you next time.

    May 15, 2013

    • Dominic

      Okay, Steven Hu, hope to see you next time, it is fun today

      May 19, 2013

  • Nick C.

    Nick

    May 15, 2013

  • Steven H.

    Please add me in.

    May 13, 2013

  • Joshua L.

    Hi all who have enrolled May 19 Cash Flow Game,

    Last time, 4 out of 7 enrolled change their RSVP from Yes to No on the day of the game, it was very unfair and had no respect to other members in this group since there were people in the waitlist and could not join.

    Please show up the game on May 19 if you have RSVP Yes. If you are not sure you can come or not, please RSVP No and let others join first.

    For those who have RSVP Yes and no show or change their RSVP from Yes to No less than 24 hours prior to the event, I have no choice but have to withdraw their priority of joining our future events. Sorry for being so straight and wish you all responsible persons would understand.

    Yours Joshua

    May 15, 2013

  • Dominic

    Yes, the games is in Cantonese

    May 5, 2013

  • Sammi C.

    Hi there, is this event in Cantonese?

    May 5, 2013

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