Earlier this past week I was asked to evaluate the Electronic version of Rich Dad's Cashflow 101 game. So, what I decided to do was play it a few dozen times, take some screen captures and post them here in this blog to get some other opinions on this terrific game.
For those of you who are not familiar with Robert Kiyosaki and his famous book "Rich Dad Poor Dad", "Cashlow Quadrant" and a handful of others...he has developed a board game called CASHFLOW. There is a Kids version of this game, as well as a pc version called Cashflow 101, and the more advanced pc version called Cashflow 202.
Today I thought I would tell you a little bit about the game in general and then show you some screenshots. Essentially, the object of this game is to collect more passive income than you have as expenses. Those who achieve this are raised to a state known as the "fast track".
So what is this game all about and how can it help me? The game starts off by assigning you a character and corresponding profession. You get to pick which Dream you would like to shoot for. Dreams can be something like being able to heli ski the swiss alps, have dinner with the President, join the peace corps and conduct humanitarian missions, etc. But you need to earn enough to buy those dreams.
Now, the fundamentals of the game are limited at best however they do do a good job in helping you decide what impact your cashflow will be if you buy a small deal or a big deal. Small deals are generally small homes, condos, stock market deals, etc. while big deals could be large 24 unit apartment complexes, 8 plex, 4 plex, duplex, car wash, beauty salon, trucking business, etc.
The fun part about playing this game especially the electronic version, is that you can have the computer generate 4 pc characters you can play against. Each character may be a firefighter, policeman, lawyer, web designer, doctor, etc. When the game begins it assigns a character to you and if they make you a lawyer...you will have to pay back school loans, credit card debt, retail debt, car loans, mortgages, etc.
Again the whole idea is to get you out of the rat race and into living a comfortable life existing on enough passive income to do all of those things you have always wanted to do.
This game does have it's limitations, which I won't bother addressing here however, it is truly a delight to play. I have only reviewed CASHFLOW 101 at this time but do expect to evaluate CASHFLOW 202 as well as the Kids version of the game.
In closing, if you are interested in increasing your financial understanding...this may very well be a fun and exciting way to learn.
The CASHFLOW 101 E-GAME, 202, and the kids version can be purchased at http://www.richdad.com/Store/Catalog.aspx?ProdType=ProductMultiTileCatID&ProdValue=3
This is the Main Menu when you start up the game.
Next you select which profession you would like for your character to play as.
This is the playfield. Here I am playing with 4 other computer generated players. I just started the game so my passive income is $0.
Ok, in this game I just made it out of the Rat Race by accumulating enough passive income. The next step is the Fast Track!
In this game I accumulated just under $4 million dollars of cash on hand! Ok, where's my award???
Oh Yeah! I kicked butt and had a lot of fun in the process!!!
Keith M. Elliott Jr.
PRINCE WILLIAM COUNTY REAL ESTATE EXPERT
Realtor®, e-PRO®, ABR®, SRES®, Commercial Specialist®
15100 Washington Street
Haymarket, VA 20169
Office: (703) 530-2955, Ext. 6316
Cell: (540) 272-9012
Fax: (571) 261-5048
Copyright© 2004-2008 by MyRealtorKeith.com, All Rights Reserved.
All Content, Intellectual Property, Graphics, Photographic Images, and HTML Source Code protected by US and International Copyright Laws, and may not be copied, published, reprinted or, otherwise distributed by any means without explicit permission. Designated trademarks and brands are the property of their respective owners.