Ross Hill

Cashflow 101

Attended

Hosted by Ross Hill in Geelong, Victoria Australia

Type: Other
When: Tuesday, December 5 7:00 PM to 10:00 PM
Fee: Free

Event description

From Wikipedia Cashflow 101 is:

Cashflow 101 is an educational tool in board game format designed by Robert Kiyosaki (author of Rich Dad, Poor Dad), which aims to teach the players concepts of investing by having their money work for them in a risk free setting (play money) while simultaneously increasing their financial literacy and stressing the imperative nature of accountability.

There are two stages to the game. 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. The winner is determined in the second stage, "the fast track". To win, a player must get his or her character to buy their "dream" or accumulate $50,000 in monthly cash flow.

In place of "score cards", there are financial statements. The game requires the players to fill out their own financial statements so that they can see more clearly what is happening with their money. It generally shows how assets generate income and demonstrates that liabilities and 'doodads' are expenses.

It is a bit of fun so come along and join us.

4 Bizniks attended this event

Brennan Ryan

Owner

Geelong, Vic Australia
Luke Chrzanowski

Student

Geelong, Vic Australia
Ross Hill

Web Empire Builder

Geelong, Victoria Australia
Steve Gray

The Leadership Guy

Geelong, Victoria Australia

Discuss this event

Posted by Steve Gray, Geelong, Victoria Australia | Nov 11, 2006

This is a great game, all about getitng out of the reat race and into the fast lane... mmmm
Posted by Dan McComb, Seattle, Washington | Nov 12, 2006

Congratulations you guys - you're the first international Biznik event in the calendar.

I'd love it if you'd take some pix so we can post them on Biznik (we've got tools built-in to the next release of the website that allows you to do that without leaving the site, but for now you'll have to send them to me or post them to flickr or something like that).

Follow Biznik on Twitter
Posted by Ross Hill, Geelong, Victoria Australia | Nov 12, 2006

Sure I'll take care of some happy snaps :)
Posted by Ross Hill, Geelong, Victoria Australia | Nov 12, 2006

Sure I'll take care of some happy snaps :)
Posted by Brennan Ryan, Geelong, Vic Australia | Nov 13, 2006

Just a note on the address,

It is Suite 2 - 242 Ryrie St

(As opposed to Unit 2, which is the neighbours upstairs)

Of course the great BIG paw prints in the window signage are a bit of a give away, but....

Can you adjust that Ross?

Bren
Posted by Ross Hill, Geelong, Victoria Australia | Nov 13, 2006

Yep adjusted, just look for the Black Dog Promotions sign out the front - and you will see us inside.
Posted by Ray Misra, Seattle, Washington | Nov 15, 2006

D'oh! FINALLY, a game of Cash Flow scheduled at a time when I could actually get to it, and it's on another continent. :->
Posted by Sierra Faye Kennedy LMP, Seattle, Washington | Nov 21, 2006

international yo! rock on guys. have a great time. I would totally be there. I love that game! sierra

consider massage to make your life better now
Posted by Tim Murray, Lafayette, Colorado | Nov 30, 2006

I wish I could join you. I have been wanting to try this game for a while now.

-Tim