Cashflow 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.
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.
Free to members and invited guests. For additional details or questions call Joe Klapp[masked]or check out at www.GDREIA.com
Play Cash Flow 101 and learn more about investing in real estate. We play Cash flow 101 once a month as a small group to share our experience with real estate investing, network and learn together. No cost to play. Just bring a snack and drink to share.