Robert t kiyosaki cashflow 101
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If they choose to take my suggestions they tend to do better in the game. When I host games I like to watch people and how they make decisions… and how they keep their “books.” That way I can help them pinpoint problem areas. The great thing is that bad habits can be broken and by playing the game and getting good with the math there can translate to how you keep your finances at home and in your business! How you keep track of your finances in the game reflects how you keep your finances in real life. You don’t get a choice but to pay to have these things fixed, but they’re still expenses that put a dent in your earnings. (The older version of the game uses play money the newer version has dispensed with the paper money and you keep a “checkbook” to track your money, which is more realistic.)ĭoodad cards also include things like broken water heaters and flooding in your properties. In the game the doodads are chosen for you and you deduct the amounts from your checkbook. Doodads are like those things in life we don’t necessarily need but spend money on anyway to give us the feel-good. There are doodad cards that you’re going pull from time to time. You keep track of your paychecks and passive income that is generated from the properties you buy and/or invest in with other players. You keep track of your profits and losses. There is an income and expenses sheet where you have to keep up with your earnings and expenses accrued while playing the game. It helps you to use a part of your brain that may not get used too often… unless you happen to be an accountant or run all the finances in your business I bet you’re suddenly more interested in attending a game now, huh? That led to even more business for her with that same client, and she reports being really happy that she attended that particular Cashflow game! (By the way, that chance encounter has amassed this woman about $200,000 thus far.) Oh, and she met investors at other games who have invested in her real estate deals. Guess where she landed one of her biggest book-writing gigs? At a Cashflow game where she met a guy who knew a guy who needed a book written. For example, I know a talented ghostwriter. That holds true even if it’s not real estate investing. Or maybe they’ll know someone who needs your services.
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Maybe you’ll end up working with them in their deals maybe they will end up working with you in yours. You meet other people at the game who already invest, and you meet people who can facilitate deals.
#ROBERT T KIYOSAKI CASHFLOW 101 HOW TO#
Just think what could happen if you’ve been looking to invest in real estate but don’t really know how to do it.
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You’ll share about your interests and goals. A certain magic happens when you get together with a small group of likeminded individuals who are there to boost their financial IQ skills.Īs some point early in the game you will introduce yourself and tell the other players what you do for a living. This is true no matter what you’re doing in business and life. It is on of THE BEST networking tools around