richdad cashflow board 101

I had been saving for months for buying a cashflow board game which is introduce in richdad book by robert kiyosaki. By the time i almost save enough, i decided to check for the game first and found out the egames had been taken away from their product list. It was funny to see how come the physical board game is still available but not the e-cashflow. THen i saw it on one of the banner in the web, cashflow online.

I am indeed excited with seeing that the game is available online (the fact that i saved some money and really able to get connected and play with others ) and so i decided to join and play.

After the first few rounds playing cashflow, i realise that it had thought me what i thought as passive income wasn't really passive income at all. Sure it looks passive enough but it wasn't consider as one of the type of passive income i thought it was. It is more sort of capital gain than passive income.

Regardless, i started to understand where i had misunderstood the concept and how cashflow help me to realise. I learn about the bad debt (the game kick me out of the board for having negative cashflow), it is a hard way to learn for me since i was kicked out twice :). For the third time, i carefully study it and found out where it went wrong. Apparently, i have leftout the bank payment for borrowing money to but the property. Therefore the cashflow is negative.

And then at certain round, i start to learn to decline some offer even when it is a good deal. It was a good deal but because of insufficient fund i had, it become bad deal due to bad debt. And i also learn that sometimes having a lot small deals is appropriate than going for big deals when you are not ready. And i learn that this game is more about making the right choices on your financial more than anything else. With financial intelligence, one can make good choice .

whether one wants to achieve financial freedom or simply get out of debt, one should really play this and learn. It will bring you to your wildest dream come true.