CashFlow 101 - More than a Game - A Game Changer

with... Multiple Speaker(s)

Cashflow 101, is an educational board game aimed at teaching investors concepts of accounting, finance and investing.

Thursday, November 22, 2018

Denny's - Culver City
10700 Jefferson Blvd
Culver City, CA 90230


Cashflow 101, created by Rich Dad Poor Dad author Robert Kiyosaki, is an educational board game aimed at teaching investors concepts of accounting, finance and investing.  Each person is given a profession card that defines their income, expenses, assets and liabilities.  The objective of the game is to “get out of the rat race” by accumulating enough passive income that exceeds your expenses.  This is accomplished by doing “Small Deals” (buying/selling stock, single family homes, land and starting small businesses) as well as “Big Deals” (buying multi-units, businesses and franchises).

Lessons Learned by Playing Cashflow 101:

There are a lot of great things that can be learned by playing Cashflow 101.  Here are just a few that I have found.

There Are Various Investing Strategies
Many people do not realize that there are various strategies for investing.  The game provides a portion of the available strategies that allow people to start to realize how many different strategies there are, such as stock, mutual funds, bonds, real estate, small businesses and large businesses.

The Market Changes
Anyone that was investing in real estate around 2008 probably learned this first hand.  After years of appreciation and property values going up, the bubble burst and property values fell a lot in some areas.  The game shows changing markets and their impacts on the investing strategy that you are using.

Financial Freedom Can Mean Different Things
A lot of people think that being financially free means being rich.  The game shows a different approach, which is financial freedom by having more passive income than expenses.

More Income Does Not Always Make Financial Freedom Easier
The first time I played Cashflow I was disappointed that I was the teacher when others were doctors and lawyers.  The light bulb moment I had that game was that I was able to get out of the rat race much faster than them because my expenses were much lower as the teacher.

Your Risk Tolerance
It is very important to understand how much risk you are comfortable with.  As you play the game, you will be able to understand your personal risk tolerance and that of the people you play with.

More than a Game - A Game Changer.

Investing is a skill most can’t learn from a book. The alternative of learning in the ‘real world’ could prove costly. You need to first understand your own behavior. CASHFLOW 101 was created as a fun, powerful, and experiential way to teach investing and wealth building. Manage assets and liabilities, trade stocks and fight your way out of the Rat Race.

Simply the Best Way to Learn

When we play, that’s the truest example of our real life behavior. Think about your own behavior when they’re in the throws of competition. Do you get reckless when you’re winning or fall apart when you’re losing? Wouldn't it be better to learn these lessons on the gameboard than in the real world, with real money - your money.

Come join us for some snacks and lots of fun!


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Non-Members:
$10.00

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Date: Thursday, November 22, 2018
Time: 6:30 PM - 9:00 PM

Location:
Denny's - Culver City
10700 Jefferson Blvd
Culver City, CA 90230

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