This will be a fun one! If you're searching for the easiest and most fun way to educate yourself about a complex subject call Financial Freedom, look no further…
Announcing… the Cashflow Game!
This game was created by Robert and Kim Kiyosaki in 1994 after they became financially free. This game is not just a normal game but the only game in the world that educates us on how to convert earned income into passive and portfolio income. 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. The board game is based in a financial and economic simulation environment.
There are two stages to the game. 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. The winner is determined in the second stage, "the fast track". To win, a player must get his or her character to buy their "dream" or accumulate 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.
This social, fun session will allow you to implement some strategies you've learned via the Ann Arbor Real Estate Investors Club with ZERO risk, and LOTS of Fun.
PLEASE RSVP, bring a friend, and join us for what we know will be an event that we'll talk about for a long time.
THERE WILL BE PRIZES FOR THE WINNERS! Not cash, but Books, Memberships, and other FUN stuff Yet to Be Determined.
We look forward to seeing you there!!