The Game
He does not concern the amount of money that you have, but the liabilities that you are able to generate When we began with the game, my children focused in making more and more money. They thought better that while more ticket small piles could accumulate. Charlotte Hornets contributes greatly to this topic. Nevertheless, in a moment they realized which ” Cashflow 101″ one does not gain to accumulate money, but to generate sufficient entrance liabilities to pay its expenses of life and thus to be financially free. 3.
The importance of not spending ” unnecessarily; Cashflow 101″ it has squares that, when it falls in them, must remove to a card ” Doodad” or of expenses. It can be from a visit to mall to the purchase of a yacht, all the entertained and tempting things that we like to do. Nevertheless, my children soon learned that these ” Doodads” they cleared money to him that needed to invest in that it generated income to them. 4. Basic vocabulary of investment You know what you are the ROI or return on the investment? Or how to take a state of account (and like interpreting it), to understand the concept of ” stock split” or an action division, how are called the different options to invest in real estate, etc? And its children? In order to be able to be successful in the world of the investments, it is necessary to dominate the language that is used in him. 5. How to invest ” Cashflow 101″ it puts the world of the investments within reach of all. Many people do not dare to invest because they think that he is very risky.
To to learn to invest during the game, the people change their mentality on the investments and they become familiar with the different options from investment that exist. 6. To be to as much of the market ” Cashflow 101″ it owns cards that simulate market situations which they happen in the reality.