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Wealth

010: Lessons from Robert Kiyosaki’s Cashflow Boardgame

The way we play games is the way we play life.

Robert Kiyosaki’s Cashflow Boardgame is a financial course in a box that involves real-life situations and can teach us how we can stop running the rat race and start living. In this game, you learn how to think like an investor, how to take risks and try different investing strategies. 

The problem with the rat race is that there is no finish line. The more you work, the more you spend, and the faster your income disappears. You just keep running around in circles. In order to stop running, you must pay yourself first and invest in your future. Understanding the danger of staying trapped in the rat race is a great start to break free and achieve financial independence. This game is a great place to learn how.

Life is about the journey, not just the destination. You don’t want to spend that journey on a wheel going nowhere.

IN THIS EPISODE, YOU’LL FIND OUT…

  • The way we play games is the way we play life (7:14)
  • Learning about yourself from the Cashflow Boardgame (7:43)
  • Learning your money mindset (8:08)
  • The way you achieve financial freedom is if your income exceeds your expenses  (10:24)
  • Increase your passive income (10:32)
  • Lower your expenses and get out of the rat race faster (10:40)
  • Higher income doesn’t equal financial freedom (11:50)
  • Play the game 100 times to really understand it (12:34)
  • Versions of the Cashflow Game (13:04)
  • Taking advantage of borrowing money (15:27)
  • Good debt vs bad debt (16:28)
  • Everyone approaches the game the same way they approach real life (21:46)
  • Bending or breaking the rules (24:26)
  • Cheating the system is not the way to move forward (25:36)

ADDITIONAL RESOURCES:

ADDITIONAL RESOURCES:

WHERE YOU CAN FIND US

CARL TAYLOR
Automation Agency
CarlTaylor.com.au
LinkedIn
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PETER MORIARTY
iTGenius
LinkedIn
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Like this episode? Have a topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below. 

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