This strategy, of course, makes the “retirement” goal more readily attainable.Again, thank you so much for the post bro! I greatly admire your enthusiasm. As it is, developing passive income that exceeds this number (EXPENSES) would naturally take less time than if that number was larger.In either case, one could always use their Cash On Hand (SAVINGS in real life) to pay down debt, which reduces their EXPENSES.
It is much EASIER to retire with a higher Salary/Income than it is with a lower one.I think you got it a bit mixed up because in the game, a lower Salary usually implies lower EXPENSES, and vice versa. Wally GGreat post bro! However, you got a very important concept a little mixed up. The project in which you can train your cashflow skills on MagnusCash is called ‘Cashflow Trainer’. I’ve joined one of the newer revenue gathering games names MagnusCash (at obviously) and found that it gives a lot better feeling of these principles in real life. A great way to experiment with real money. Once sufficient amount is reached players agree on what to do with the money. The principle that these games use is that a bunch of users comes together and gathers some money by the means of earning it online (you never pay anything). Recently though some revenue gathering games have found a way to allow the general population to get a feel of how is it to play around and risks tens of thousands of dollars without losing any money.
I’ve found that experimenting with real money can be too costly. However, translating the game to real life is not as straightforward as you might guess. 24 thoughts on “ Rich Dad’s Cashflow Game is Now Free!”.Playing the game (101&202) has been very beneficial for me. This is just as true for people who are making minimum wage as it is for executives making 6 figures annually.Anyway, that’s some random thoughts on Cashflow and passive income.Įnjoy the game!BTW, you may want to check out these. Pretty much everyone I know spends as much money as they make, and usually a little more. Which do you think is more difficult?I think this is an important concept because most people with low salaries feel that they are at some kind of disadvantage. He would need to make $50,000 per month in passive income to retire. Now, consider a CEO who’s salary is $50,000 per month. So, if a janitor makes $1,200 per month, he only needs $1,200 of passive income to retire. If you suggest that it is easier to retire on a janitor’s salary than on a CEO’s, people will look at you like you are crazy.īut I think that it is true.Retirement, or financial freedom, is defined as passive income being greater than monthly expenses. This is the exact opposite of the way that most people think about active income. It allows us to absorb new knowledge and grow faster.Another interesting thing about the game is that it teaches us that the lower our salary, the easier it is to retire. Interaction through games allows us to process what we a learning on a deeper level. Reading books and listening to CD’s is good, but it is even better to interact. Their employer is in a strong financial position, but they are loaded up with debt.I think a game like Cashflow is a good way to change this. They make sure that their company is running a positive cash flow, but they use credit cards to buy whatever they want for themselves.
#CASHFLOW 202 FOR MAC HOW TO#
So, when we learn how to play a game better, it changes the way we act in life.I have heard many stories about accountants and CFO’s who are great at managing their client’s and their employer’s finances, but act completely differently with their own money. We automatically play games the way we play life. Many people like to write off games as a waste of time, but they are actually a powerful learning tool. Then you should be able to play the Cashflow game for free.I like Cashflow because it actually teaches people about how to manage their finances. If you don’t have an account on the site, go to the and create one. Just go to the and click on Cashflow.Update – I didn’t find the link on the home page, but you can get to the game here.
After playing Cashflow 101 and 102 for a few years now, I was pleasantly surprised to find out that you can actually play for free, online.
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