As a child my father thought it would be a good idea to teach me how to make money through wise investments. In order to make it fun and interactive he chose the board game Rich Dad Cashflow 101. More or less, this is how I was introduced to finance. Buying and playing Cashflow was definitely one of the most impactful decisions my father made and dramatically effected my understanding of finance. Helping my future investments and setting me up nicely for the time I started making investments for myself.
Review of Cashflow Board Game – Escaping the Rat Race
One of the catch phrases for the Rich Dad franchise, is the phrase “escape the rat race.” The idea being, that most of us are like rats running through a maze, simply looking for cheese. We never really sit down and try to figure out how to remove ourselves from the pay check to pay check grind. Robert Kiyosaki does an excellent job walking through various aspect of our lives in the book, Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! However, even better (I felt) was playing the Cashflow 101 board game.
My first game of Cashflow was sometime in 2002, when I played the game with my father and brother. At the time my brother was only 7 and I was 10, but it was simple and straight forward enough even we understood the basics. The first game was rather long and took some time for my brother and I to understand. The terms were are fairly unknown to most 7 and 10 year olds. Once we understood the terms, the game went relatively smooth and we played many games (10 – 20) over the next several years.
Playing this game as children taught my brother and I the importance of investments, as well as providing us the knowledge to make investments. Further, it helped us to understand the importance of managing and saving money, eventually escaping the “rat race.” This is why I believe I needed to complete this review of the Cashflow board game.
If you are interested in playing Cashflow 101, you can play free online! Which, I decided to play for several hours after writing the review of Cashflow board game. I also recommend purchasing Cashflow 202 along with the Cashflow 101 board game if you enjoy playing the online game. The 202 game was an excellent addition and helps you learn about investing in stocks and bonds (and more). I would highly recommend Cashflow 202, once you understand the basics of Cashflow 101.