Robert Kiyosaki Blog

Financial Education Portal inspired by Robert Kiyosaki


Cashflow game – lessons learnt

If you think playing the Cashflow game is just like playing another silly round of Monoploy, then you need to seriously think again.  Cashflow boardgame is not just like a game, it is a educational tool for you to sharpen your finanical acumen and you get to learn different lessons each time you play the game.   The author of Rat Race Escapes ( shares his learnings from his recently cashflow game: Sue, Bob, Terry and I played Cashflow 101. I played the teacher. Because the monthly cash flow is lower than occupations I normally play, it was much longer before I started taking big deals. Things moved pretty slowly for me for quite some time, buying 400 shares of MYT4U at a reasonable price of $10, even though I immediately landed on charity and in my next 3 roles I had for paychecks. Shortly thereafter, I partnered with Bob and Sue on a limited partnership with a doctor’s office and then immediately I was downsized. Things were looking great when I bought a “great deal” for $35,000, a government owned home with a tenant, for $2000 down and $220 per month cash flow. Just before my next turn, a buyer appeared and I sold the house for $135,000, putting $102,000 in my pocket. I paid my bank loan plus my credit card and retail debt and still had $90,000 in cash! On my next turn I drew a Big Deal and it was the 60 unit apartment building. Perhaps I should have passed on it. It was initially a net neutral deal for my monthly cash flow: with a down payment of $200,000, I borrowed $110,000 to make up the difference in the cash I had on hand but the $11,000 in monthly cash flow covered the loan. I still had a decent monthly cash flow of about $1600. Had I passed and taken a different big deal on a subsequent turn, I’d have retained cash, increased my cash flow and I may or may not have exited the Rat Race sooner. After a couple more turns, and starting a software company in my basement, received a paycheck and borrowing more money from the bank, I got laid off again. My cash flow shrank to less than $100 and on a subsequent turn to about -$300. I survived and then sold the limited partnership, double the money for myself and partners and then sold the MYT4U stock for $40 after a split. After paying debt down, I was back to good cash flow and still had cash. In the mean time, Bob exited the Rat Race getting $600,000 as his initial Cash Flow Day. Bingo, now there was a...

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Silver is going up :-)

I feel good… Why? Because I listened 2008 Predictions video – Part 4 of 4 in the beginning of this year at Also I read often Mike Maloney’s web page I also have bought some silver and one ounce of gold in 2006… But the Best thing what I did was buying more silver @ 14th of January 2008… Do you remember the story Why I sold my rent condo? What it has to do with this story? On 14th of January I put all this money into silver… and silver has gone up from that day approximately 18%. Unfortunately in European Union its not good idea to buy silver as metal because of VAT which would be added and because of poor opportunities to sell it later… so I had to buy it as index stock (SLV is the symbol). But SLV follows the price of real silver quite good 🙂 Share and...

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Top Tips For Taking Control of Your Financial Future

1. To get where you want to go, you need to know where you are. Complete your own financial statement. This is your first step in taking control of your financial future. How much passive income do you have today? 2. Pay yourself first. Put aside a set percentage from each paycheck or each payment you receive from other sources. Deposit that money into an investment savings account. Once your money goes into the account, NEVER take it out, until you are ready to invest it. 3. Look for real estate "for sale" signs in your area. Call on three or four and ask the brokers to tell you about the properties. Find a real estate investor (mentor) and ask them to visit a property with you to tell you what to look for. 4. Attend business opportunity conventions or trade expos. See what franchise or business systems are available in your area. 5. Who you spend your time with is your future. Surround yourself with people who will support you, not discourage you. 6. TAKE ACTION! Put a little money down. Start small. It’s amazing how quickly you learn when you have real money in the deal. Make mistakes, learn from them, and then take action again! 7. Set a long-term financial goal for where you want to be in five years. Also set a smaller short-term goal for where you want to be in twelve months. Passive income is the key. 8. How do you spend your spare time? Commit five hours of your time each week to do one of the following: – Read the business page and The Wall Street Journal – Read financial magazines and newsletters – Listen to the financial news on television or radio – Listen to educational material on investing and financial education – Play CASHFLOW® 101 9. Meet with a business broker to see what existing businesses are for sale in your area. It is amazing what you can learn by just asking questions and listening 10. Find people in your area to play CASHFLOW® with or create your own circle. Visit and click on CASHFLOW CIRCLES in the Message Forum to find people in your area who play CASHFLOW® 101 11. Join Rich Dad’s INSIDERS! Plot your own course to financial freedom and surround yourself with people who will support you every step of the way! 12. TAKE ACTION! Start small, learn from our investing mistakes, and continue your financial education. Share and...

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Congratulations and Welcome to the Rat Race!

For Millions of People, Graduation Means Joining the Rat Race 1.3 million college graduates will exit academia for the work force this year, armed with a sheepskin and laden with debt. This debt, $22,221 on average… as reported by Student Monitor LLC, a leading market research firm, represents both credit card debt and student loans. Debt that, according to that company’s survey stats, will take eight years to pay off. And, in most cases, there’s more where that came form. It’ll take the shape of car loans, revolving credit and even mortgages.  In Rich Dad’s world, the Rat Race is that vicious cycle of living paycheck to paycheck… and the conventional wisdom that getting a good education, good grades and a safe, secure job (with “good benefits”) will lead  to “the good life.” Or, at least, a steady pay check so that there’s money to make monthly payments on expenses and debt.  These new grads are in good company: millions of Americans contribute their fair share to the $100+ billions in credit card debt ($46.6 billion with Capital One Financial alone) in the US. Debt that, in many cases, will take decades to pay off.  Nearly 90% of college grads surveyed in 2004* reported that they were “prepared” for the responsibility of credit cards… over half (56%) of them didn’t know the APR (annual percentage rate of interest) on those cards. In this case, ignorance may not be bliss.  So what is Rich Dad’s answer to the Rat Race dilemma so prevalent in our society? That’s easy: Financial Education. And we’re not alone in that mission. In mid-April of 2005, the Federal Reserve unveiled a new website that Fed chairman Alan Greenspan calls “an online tool that offers students easier access to a wealth of information in the areas of economics, banking and financial services.”  In 2002, Greenspan was quoted as saying that a good foundation in math would improve financial literacy and “help prevent younger people from making poor financial decisions that can take years to overcome.” He added, “People need to be able to read, write and speak basic financial concepts in order to make informed investment decisions.”  “The challenges Americans face – with social security, consumer debt, bankruptcy law changes, and retirement planning – don’t begin at age 65. They begin at age five, when kids enter school.”   – Robert Kiyosaki  Sources: Student Monitor research; MBNA and Capital One Financial reports; The New York Times Lessons for Graduates:  1. Work to learn… not to earn Sometimes a pay check is less important than the lessons you get from working. 2. Who’s giving you advice? Most people...

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Cashflow 202 The Game

CASHFLOW® 202 CASHFLOW 202 teaches you the advanced business and investing techniques used by technical investors by adding volatility to the game. CASHFLOW 202 teaches the advanced investment techniques of "short-selling stock", "put-options", "call-options", "straddles" and real estate exchanges. You must have CASHFLOW 101 in order to play CASHFLOW 202. The CASHFLOW 202 package contains new game sheets, new playing cards, and 4 audiocassettes. Share and...

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