- NO WAY TO PLAY CASHFLOW 202 HOW TO
- NO WAY TO PLAY CASHFLOW 202 PLUS
- NO WAY TO PLAY CASHFLOW 202 FREE
If you wish to purchase a CASHFLOW tabletop game, please visit our website at. Give them an opportunity to learn the lessons of the game before you speed it up with this app in your quest to rule the realm. NOTE: This app is not recommended for new players.
NO WAY TO PLAY CASHFLOW 202 HOW TO
And that’s a very important lesson to learn if you want to learn how to leverage your money after you’ve learned how to manage it well.***THIS IS NOT A GAME!*** (Sorry, we didn’t mean to yell but we wanted to make sure you knew.) This app is to be used WITH the CASHFLOW tabletop game.īreathe new life into your CASHFLOW tabletop experience! Set aside your pencil and your paper financial statements and let the app crunch the numbers for you! That’s capital gains and, to me, that’s speculation, not investing. They’re hoping the price of their stock or their real estate will go up in value. The reason so many people are not successful is that they’re generally focusing on only one of these two – and the majority are focusing on capital gains.
NO WAY TO PLAY CASHFLOW 202 FREE
In other words, one of the reasons I’m successful, financially, and financially free is that I use both capital gains and cash flow. The CASHFLOW ® games teach you the difference between capital gains and cash flow, but more importantly, how to use both. When somebody says they bought Microsoft at $25 a share and now it’s $35, they get all excited because they are focusing on capital gains. My primary focus, like that of most people who are successful investors, is looking for cash flow, not capital gains. I would like to have my stocks go up in value, but I don’t play at this game that much. I would like to have my properties go up in value. There’s nothing wrong with capital gains. – in the stock market because everyone was playing the capital gains game. – millions of people losing trillions of dollars between 20 You can look at the reasons so many people lost: 202 builds upon the basic skills learned in 101 and adds more sophisticated investment strategies as well as more market volatility. Families have a great chance to get together and play a game that requires an element of thought. Although simple in set up but it become intricate and complex as the game moves on. It can take some time to complete and that can put some people off. We recommend you play CASHFLOW 101 at least six times before playing CASHFLOW 202. As the Cashflow board game is based on finances it can be seen to be educational. You sell it and make $50,000.One of the reasons people do not become financially free is because the majority of people are focusing on capital gains. You must have 101 in order to play 202 since 202 uses the game board and playing pieces from 101. Or you can buy a house for $100,000 and it goes to $150,000.
Capital gains are when you buy a stock for a dollar and it goes up to $10, so you make $9 a share. It wasn’t much – about $10,000 a month coming in but only about $3,000 a month going out.Ĭapital gains are a different type of leverage. One of the reasons I was able to retire at age 47, and my wife, Kim, at age 37, was simply because we had enough cash flow coming in, primarily from our real estate investments, whether we worked or not. You need to know the difference between cash flow and capital gains. The next two very important words that increase your financial IQ are cash flow and capital gains.
You have to know the difference between assets and liabilities. View more property details, sales history and Zestimate data on Zillow. Improving your financial IQ and financial intelligence goes back to words of vocabulary. 177 Palomino Way Lot 202, Red Lion, PA 17356 is a condo unit listed for-sale at 308,960. Ability to add money in and out, that perhaps only you’ll know about, to see the impact on your cash flow.
NO WAY TO PLAY CASHFLOW 202 PLUS
Above and beyond the pilot version Plus includes: - 60 and 90 day projection options. You have to learn to manage money, leverage it, protect it, and exit it. So, in the background we’ve been working on the ‘Plus’ version of Short-term cash flow, to provide a much richer experience. In 1996, he designed the original game Cashflow 101: How to Get Out of the Rat. My rich dad said financial IQ was very important for your success in the real world and financial IQ entails more than just earning or creating money, which is what most people focus on. If youre considering playing the Cashflow board game, you may want to.