See, while most people earn a paycheck at a job, the rich earn money by acquiring cash-flowing assets to cover their expenses. For example, most people assume a high-paying profession like a doctor or lawyer will allow them to get out of the Rat Race faster than a humble profession like a teacher or mechanic. Though doctors and lawyers earn a higher salary than other professions, they are also stuck with higher expenses, as a result.
This includes a bigger mortgage on their house, higher car payments, and school loans to name a few. The rich spend the money remaining after they pay their monthly expenses and invest it. Instead of buying doodads and liabilities like a bigger house, faster car, or a more lavish vacation, they have their money work for them. It was actually developed so out-of-touch school administrators could develop cookie-cutter curriculums built upon Industrial Age subjects to make us good-little employees.
But the fact is that not everyone learns that way. Some people can read a textbook once and remember everything they read. Most people, however, learn best by doing the real thing. Likewise, if you want to invest in real estate, you need to understand the difference between investing for capital gains or for cash flow. But where can you learn to invest without spending money on a collection of books or attending a boring seminar?
Your dream is the reason for taking on the challenge of escaping the Rat Race. Next, roll the dice! When you are presented with an opportunity to take advantage of a Small Deal or a Big Deal, remember the goal: you want to acquire passive income that covers your monthly expenses.
Roll 1 or 2 die over your next 3 turns to get more opportunities to create wealth. There are no such things as Small Deals on the Fast Track. Pick and choose how much cash flow you want coming in each month to get you closer to achieving your dream. The game is designed for anyone over the age of 14 to play and is the best online game for families and friends to challenge each other for financial IQ supremacy.
Start a free, online multiplayer game with family and friends. After reading Robert T. In short, what Robert wants us to focus on is building our Asset column. Our Assets will put money in our pocket therefore, will one day make us wealthy. Verified purchase: Yes Condition: Pre-owned. This was an excellent investment. We have played about 4 times so far. We learned alot with the kids. Great game. Have played several times. Skip to main content. Rich Dad Cashflow Board Game 4. About this product.
Make an offer:. Auction: Pre-owned. Stock photo. Brand new: Lowest price The lowest-priced brand-new, unused, unopened, undamaged item in its original packaging where packaging is applicable. This package contains new instruction manual, 12 short sales envelopes, 5 stack of deal cards, 1 stack of cashflow worksheet and 1 stack of accounting sheets.
Use this game to learn and practice real world investing. According to one father, his kids are rethinking their college majors after looking over the different careers and the financial tract they are, or are not, based on who they are in the game. This simple board game about money will give you the motivation and roadmap to retire young and rich, giving you a better life for you and your family… all through game play!
By teaching you investing strategies, thoughts, mindsets and secrets of money creation that only the rich know. People are creatures of habit.
But first, in order to make any change in our life, we need to become aware of our habits. We need to understand who we are and that takes emotional intelligence. Why am I still poor? Once you realize what drives your spending habits you can make the decision to shift your mindset and make money like the rich. And just like the rich make money differently than the poor and middle-class, they also keep and spend their money differently, too.
Money you make working at a job or owning a small business is called earned income. But earned income is only one of three ways you can make money. In real life, most people go to work and earn a paycheck, or earned income. Firstly, there is portfolio income.
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