Learn about these terrific Robert Kiyosaki products
Tired of the rat race? Robert Kiyosaki products help you start thinking like the rich. If you haven't heard of his best selling book "Rich Dad, Poor Dad", you are living in a dark, dark cave! :)
Robert Kiyosaki's products include many books, cd/dvd's, and board games. To read more about his numerous books, [click here].
This article will tell you a little about his board games, CASHFLOW 101 and CASHFLOW 202. Both board games are educational and teach you about accounting, finance, and investing.
Robert Kiyosaki's CASHFLOW 101 game will teach you how to stop thinking like the poor, and start thinking like the rich.
Did you know that the rich and poor thought differently about money?
Well, they do! You see, the rich work towards acquiring assets to pay for their liabilities. The poor work to buy more liabilities. Make sense? Here's an example for you.
Say that you've saved up $10,000. What would you like to do with that money? Well, if you were in the "poor" way of thinking, then you would probably use the money for a downpayment on a new car.
So, you are spending your hard earned money on a liability (things that cost you money).
But, if you were in the "rich" way of thinking, you would use that money towards an asset (something that will make you money). Say you go out and use that $10,000 on a new property. You rent the place out and you start earning a monthly residual income.
Soon you will make your $10,000 back- then you can buy a new car, and you will still be earning a monthly residual income on your property! You are making your money work for you, and THAT is how the rich think.
Robert Kiyosaki products teach you that delayed gratification is the key to becoming rich.
Playing the CASHFLOW 101 game will assist you in developing mental habits to help you grow rich. This game will teach you the basics of
financial literacy.
You will learn how to understand financial statements and how they work and also how to manage your money like a rich person would.
If you are tired of the rat race, then you should check out the CASHFLOW 101 game. Robert Kiyosaki will teach you how to get out of the rat race and train you to recognize opportunities that will make you wealthy.
This Robert Kiyosaki product is a truly ingenious design. When you start the game, you choose a profession. Professions to choose from include a doctor, lawyer, teacher, etc.
Each profession has a set salary and expenses. Now, you may think that choosing the doctor profession would have you win the game, but that is not necessarily true.
You see, each profession has its own advantages and disadvantages. For example, if you choose the doctor as your profession you will have more expenses than a teacher.
But, to gain the most knowledge and experience, you should play the game many, many times and play with each profession.
Once you feel that you have mastered CASHFLOW 101, you should purchase CASHFLOW 202. The CASHFLOW 202 game is more advanced than the 101 version.
Whereas 101 teaches you how to make money in a steady market, 202 will help you learn to lower your investment risks in a fluctuating market where property values depreciate as well as rise.
CASHFLOW 202 is designed to help you learn about more sophisticated investing and advanced strategies such as short-selling stock, put options, call-options, and straddles. Please note that you must have the CASHFLOW 101 game in order to play CASHFLOW 202 game.
So, if you are tired of the rat race, tired of the 9-5, tired of thinking like the poor- then you need to check out these Robert Kiyosaki products!
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