#Cashflow 101 instructions how to
A hidden camera was employed at a $500 seminar in Kitchener, Ontario, showing the trainer, Marc Mousseau, advising participants to request that their credit-card be raised and giving out scripts with instructions for how to ask for limits as high as $100,000. At the three-day classes, participants were offered longer courses priced between $12,000 and $45,000.
#Cashflow 101 instructions free
They found that one-day free seminars were conducted at which three-day courses were offered for $500. In 2010, the Canadian Broadcasting Corporation investigated the Rich Dad seminars associated with Kiyosaki on their consumer advocacy program, Marketplace. Please integrate the section's contents into the article as a whole, or rewrite the material. This article's Criticism or Controversy section may compromise the article's neutral point of view of the subject. It generally shows how assets generate incomes and liabilities and 'doodads' affect expenses.īasic strategies involved in this game are: buying and selling stocks, cashflow, appreciation, and leverage.
Therefore, players can see more clearly what is happening with their money. In place of "score cards", there are financial statements. The game forces the players to do the accounts by themselves. The winner is determined in the second stage, "the fast track." To win, a player must get his character to buy his "dream" or accumulate $50,000 in monthly cash flow. In the first, "the rat race", the player aims to raise his or her character's passive income level to where it exceeds the character's expenses through a variety of investment options.
"Cashflow 101" is a board game designed by Kiyosaki, which aims to teach the players concepts of investing and making money. Kiyosaki stresses the value of games, particularly Monopoly, as tools for learning basic financial strategies such as "trade four green houses for one red hotel." Kiyosaki has created several games to reinforce the information in his books.
His "poor dad" was his biological father, who became Superintendent of the Hawaii State Department of Education but had very little real net worth which is contrasted with this is his "rich dad". Originally self-published before being picked up commercially, the central concept of Rich Dad Poor Dad is an anecdotal comparison of his "two fathers". Kiyosaki followed with Rich Dad's CASHFLOW Quadrant and Rich Dad's Guide to Investing. Rich Dad Poor Dad was written by Robert Kiyosaki and advocates financial independence through investing, real estate, owning businesses, and the use of finance protection tactics.