Passive Income = Expenses
Read this, only if you have read Rich Dad/ Poor Dad.
I have never seen a game mimicing life or simplying life in financial terms this succinctly.
BTW: trying to download a Cashflow E-Game torrent, and looking for the cracked key on the net. However, the sites are all spy-bombs, that tells you they have the cracked key but just waiting for you to accept their spyware. No free lunch…….. most of the time.
In my previous posts, I have mentioned living simple and comfortable, which would be the same as being able to decrease "other spending, and loans" so that passive income = total expense as fast as possible. The guys who only had 1300 as total expense was able to win much faster than say an Air Line pilot who had 9500 as pay, but also 4900 as expenses.
Cashflow 202 is an expansion to Cashflow 101 that focuses on Technical
Investing including a simple system for options and short sales. The
expansion pack is a new set of four decks of cards and new player
sheets to handle the new investments possible. It is unplayable without
Cashflow 101.
Components:
Capital Gain Deal cards replace the Small Deal deck.
Cash Flow Deals replace the Big Deal deck.
A new deck of more punishing Doodad cards replaces the 101 Doodad cards.
42 Market cards replace the 101 Market deck.
Stock shorting envelopes for each player for the two major stocks
players can make short sales in. (Unfortunately with glue still on the
envelope flaps that people will invariably forget and lick shut.)
Major rule changes
Market Deck is now reshuffled after drawing 25 cards, removing the guarantee that all Market cards will be played.
Also, a new rule exists that attempts to fix how the Market deck was
under drawn with 2-4 players. Now landing in the Rat Race on either an
Opportunity or Market space causes you to draw both a Deal card (your
choice still large or small) and a Market card each time.
In the Fast Track, landing on a business you already own allows you to
franchise it. Pay the down payment, add an additional token, and
receive the additional cashflow listed on the board again.
Players not only start by filling out their sheet with a ?career? as
before, but also randomly draw a starting investment portfolio as well.
The game is definitely more chaotic and not as idiot-proof as Cashflow
101, and investments can be entirely wiped out. The game teaches
gambling theory and cash management. For instance, if a bet only wins 1
in 20 times, but pays off 50:1 when it does, this is a good bet. The
issue then is cash management through the losing cycle placing bets
steadily while waiting for the payoff.
