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Ca$hFlow
101/Ca$hFlow for Kids
The Situation: You want to learn what the rich teach their kids about money that the poor and middle class do not. You want your children to learn the concepts of wealth accumulation. Your family enjoys playing games together and why not try one that can teach productive and lasting financial strategies. Money Magic Solutions: (Who you gonna call or click…) Cashflow Technologies,
Inc. Robert Kiyosaki and his co-author Sharon L. Lechter wrote Rich Dad/Poor Dad. This delightful real-life parable explains the difference of working for someone or having your money work for you. The book is very successful and he wanted to provide more tools to teach and reinforce the strategies of Rich Dad/Poor Dad. Thus, the two games; Cashflow 101 ($195) for adults and Cashflow for Kids ($39) for children.
To test these games out in real life, I invited my magician friends, Scott Davis and Greg Gillis, along with their new wives, Shari Davis and Tammy Gillis to come play the game for real. It was a fun evening for all.
Scott says “I found Cashflow 101 extremely challenging and educational. It appears to offer a clear road map to wealth through passive income.” The game pieces are little “Rat” people, because most of us live in a rat race. The object of the game is to get out of the “Rat Race” by buying enough income producing stocks and/or properties to get on the “Fast Track.” The first one to do that wins! Next, I tried out the children’s game with Will Hastings, 6; Lindsey Hastings, 8; Alecia Briscoe 12, and Whitney Campbell, 12. They were encouraged to buy rental property or income producing stocks with their income.
One of the things I like about both games is that they teach the way two important tools work. Each player has a balance sheet and an income statement. The players learn to understand assets and liabilities and how they can create wealth. |
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