When you play Cashflow 101 for the first time, the game might seem difficult to grasp especially if you are intimidated by numbers and you have no background in business math.
Don't let that stop you though because Cashflow 101 is one of the best tools for learning about money business, investing and accounting.
Here are some "cheats" to let you play Cashflow 101 with confidence. These cheats are simply gameplay advice so they are perfectly legal to use in the game.
When you draw a $1 or $5 stock, buy as much as you can. In fact go ahead and spend all your cash on that stock. When the same stock comes up at $20, $30 or even more, sell immediately for a huge windfall. You can also try borrowing from the bank to buy as much of the stock as possible. This is a no-lose proposition because the stock won't go to 0 when you play Cashflow 101. You can't do this in Cashflow 202.Buy all the houses under small deals even if it shows negative cashflow and even if another player drew the card. Negotiate. Don't worry, you're not supposed to keep it anyway. You will sell all your houses anyway when the market turns up a house buyer.Don't bother buying the condos. Sure you might get some $5,000 or $10,000 on a deal but you can get so much more in other deals as you play Cashflow 101.Don't bother buying Certificates of Deposit or Preferred Stocks unless you have $2,000,000 cash or more. If you do have that buy as many units as you can. You should be out of the rat race.Buy all startup-business deals and raw land for sale. They bring huge rewards later on as you play Cashflow 101 longer.Continue to just draw small deals as long as you only have less than $200,000 dollars. When you get more than that, start drawing big deals. You should be able to buy any big deal that comes up.When you play Cashflow 101, learn to pay off your liabilities. When you do, erase the corresponding expense. This should lower your expenses, increase your monthly cashflow and allow you to get out of the rat race sooner.
Play Cashflow 101 more often and you will become richer after every game. Robert Kiyosaki truly created a winner in this game.
Ronald Cagape is a real estate investor, coach and Cashflow game master. If you want to play cashflow 101 with Ronald Cagape in Manila, Philippines, you can register at his website, Living Cashflow 101.
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