Rich Dad Cashflow 101

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Rich Dad Cashflow 101
 
Manufacturer: Rich Dad
Customer Rating:
 
List Price: $229.99
Sale Price: $107.94
Availibility: Usually ships in 1-2 business days
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Product Description

Learn how to get out of the Rat Race and onto the fast track where your money works for you instead of you working hard for your money. Use this game to practice real world investing with play money. Cashflow 101 is an educational board game that teaches accounting, finance, and investing at the same time. It makes learning fun. Cashflow 101 is recommended for adults and children age 10 and older.

Product Details

  • Learn to practice real world investing
  • Teaches accounting, finance, and investing
  • Includes 3 cassettes and one VHS tape.
  • Makes learning fun
  • Recommended for adults and children ages 10 and up

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Customer Reviews

Too expensive but a good game.
 
Review Date: August 1, 2005
Reviewer: J. Choe,
This game teaches you the fundamentals of leaving the rat race. It isn't very realistic because Robert Kiyosaki made it very simple. It does teach you some great fundamentals of how to invest in real estate and paper assets.

I too had a slightly negative opinion about this game when I played it the first few times. After playing it about 6 times (robert kiyosaki recommends playing it at least a dozen times), I can now see the benefits of this game. The game isn't about buying stocks in the beginning and then buying real estate later (which a lot of people do as their 'strategy'). It's about using the bank's money to get the investments you can't afford, finding good deals on various investments, and so on.

One challenge is to try to consistently get out of the rat race in 1 hour or less. The more you play the game, the more you'll see the basic strategy of how to get out of the rat race in this game and possible in real life.
Gets you thinking
 
Review Date: January 24, 2007
Reviewer: Melissa Hyde, Australia
This is a great game for anyone wanting to think more like an investor. You are able to "play" with money and investment opportunities without any risk. You are able to learn so much about yourself - if you are ready to "listen" for example when I first played this game I was too scared to buy into ANY opportunity (just like real life) but over time I was able to change and grow.
BTW the reviewer who is fixated on the charity aspects and childbearing aspects is revealing something about themselves... apparently lots of people get cross when they play this game. Money is a personal and highly emotive topic for most of us.
It adds to the thrill of the game. Think that over for a minute...
Best Game Ever
 
Review Date: December 28, 2006
Reviewer: Cashflower, Utah
This game is great. I learned a lot from it and had a bucket load of fun. I even interested my wife, who has no interest in money. Now we're investing together and making money at it, too!

Someone else who reviewed this game was upset because when you draw a card that says you have a kid your expenses increase. She went on to say that she thinks the creator of the game thinks that having children is a punishment. I would respond obviously, as anyone with children could relate, children are expensive. They are my most expensive investment. I play the game with them to teach them financial literacy with the hopes that they can do better than me.
Cashflow is both fun and educational.
 
Review Date: June 10, 2006
Reviewer: S. Cincu, san diego, ca USA
First and foremost my 12 year old step-son had a great time playing the game. A friend of mine brought it over and we played after dinner. I look forward to investing in this game myself.

In response to the negative comments, a portion of success in life is random chance. There are many opportunities that you will never see coming that must be taken advantage of immediately. In regards to buying stocks you can absolutely have some idea of the stock's range. What you don't know is if it will ever go up. Additionally, the game doesn't force the idea that the only way to become rich is by buying and selling stocks. It opens up that possiblitity and many more as different ways to accumulate wealth.

Ultimately and most importantly, it's a game. It teaches solid financial principles to both children and adults. It does not take the place of real world experience, financial education or the advice of professionals. There's a warning label on the box in regards to taking the principles of the game and running out, trying to be a millionaire.

Financial literacy isn't taught in school, this is a great way for you and your family to learn.
Several years old and still a favorite
 
Review Date: June 15, 2005
Reviewer: M. Shaw, Colorado Springs, CO, United States
Before we commit them to play for the first time, we always make sure our friends don't mind the fact that it is very math intensive. Everyone needs a pencil, a good eraser, and a calculator (the ones that are included aren't worth using, that's why I gave it a lower durability rating although the other pieces have held up well).

We bought this game after some friends invited us to play it with
them while we were in college. We have 101 and 202 (the expansion) and love them both, but we usually just play 101 because 202 is so complicated. It's better as a 4-person game but we sometimes play, just the two of us, with our own real or made-up financial scenarios instead of the ones that came with the game. It is much more fun to play it with family and friends because it brings out their fundamental concepts of money management (warning: the ones who can't get these concepts just HATE this game). We've had it for several years and this and Settlers of Catan are our two favorites.

The object of the game is to become wealthy enough to quit your job and then achieve your dream. I think it is very well done in the board game style- it's a little staged for simplicity's sake, so if you want to get more realistic, get 202 as well. It has a similar concept to Careers and an old version of the Stock Market Game that I used to play.

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