An entry-level game created by Rich Dad author Robert Kiyosaki, Cashflow 101 teaches players how to create cashflow by investing in rental properties small and large, and by investing in big deals. You learn how to track income and expenses, and a whole lot more.
This game is all about creating passive income so you can get out of the rat race, off the hamster wheel and out of the cubicle to live a better quality of life. You achieve this by creating more income than expenses every month.
The key to playing this game is to understand that it helps you develop your emotional intelligence as well as your financial intelligence. Both are necessary to be an entrepreneur and real estate investor. What you learn by playing Cashflow 101 is how you and your friends can reach financial freedom in the real world.
Raising private capital is one way you can reach your goals in real estate and in business. Learn how.
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Jay Massey here, with the CashFlowDiary.com and in this video I’m going to explain how to play the cashflow 101 game in two minutes or less.
Now you're probably already familiar with the fact that the cash flow one-on-one game is the entry-level version for adults to learn how to play and manage and build assets and earn what is cashflow or also called passive income.
Well how do you play it?
Well is rather simple actually.
Your goal is to make sure that you have more money come in and go out without working.
You have more passive income coming from assets then you have expenses going out without the need for the salary that you're that you give to start the game. That’s the goal that's the skill set that you're supposed to learn.
Well how do you do that?
Obviously you go around the rat ratio pickup paychecks and you have various different things happen to you at the same time as you're playing as well as to the other players.
And the key thing to understand is that it's a measure of your emotional intelligence just as much as a measure of your financial intelligence. And so long as you stay focused on the number-one goal i.e., building cash flow slowly over time I think you have a shot at actually winning.
if you want you can probably click around on some of the other videos here on this particular channel actually find us conducting a cashflow game and you can watch the entire thing.
At the end of the day here's what I do know learning to play this game and playing cashflow 101 enough has the ability in and of itself to help you and all your friends get out of the rat race.
Thanks for watching.
To learn how to take the principles of the cashflow game and begin to use them in your real life so that you can raise capital so that you can buy all those assets that you need to retire — Click right here.
It's going to take you to a page where I'm going to send you a FREE GUIDE as well as video series, that’s going to walk you through the beginning steps in most importantly the number one tool that you can use to make that, happened.
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Until next time.