Cashflow Game - Robert Kiyosaki - Rich Dad Poor Dad February 1, 2009

Dear Chennaites,

We have a Cashflow club (a Financial Literacy club) at Chennai and we would be happy to invite you for a Cashflow 101 Game.

This is based on the book "Rich Dad Poor Dad" by Robert Kiyosaki - http://www.richdad.com

This is the link for our cashflow club :

http://groups.yahoo.com/group/cashflow-chennai/

CLUB Description:

Cashflow-Chennai connects you to people playing Robert Kiyosaki's Cashflow 101 games in Chennai. We provide a forum for YOU to play the Cash Flow Game in Chennai.Our club members help each other get out of the "Rat Race" and progress with like-minded people.

CASHFLOW® 101

This teaches you the basics of fundamental investing and how to take control of your personal finances, build a business through proper cash flow management, and learn how to invest with greater confidence in real estate and other businesses. While money has the power to make you a slave to it,it also has the power to set you free.CASHFLOW was created to teach people how to become a master of money and elevate their financial IQ.

Why play the game?Games like the CASHFLOW board game are a powerful mechanism because they reflect our true behavior. Very often, the learning process is so fun that we sometimes forget that a key purpose of playing a game like CASHFLOW is to heighten financial literacy.

If you are ready to learn how to acquire more passive and
portfolio income, the CASHFLOW games can be an important first step.

WHAT IS CASHFLOW101 GAME:
CASHFLOW board game is an exciting, interactive board game designed to teach the foundations of wealth creation through a simulation of life, with its opportunities and pitfalls. Anyone old enough to own a credit card should play this game!

"Do not depend on the enemy not coming, but depend on our readiness against him. Do not depend on the enemy not attacking, but depend on our position that cannot be attacked."
- Sun Tzu, The Art Of War

Sun Tzu reminds us of something we all have complete control over: yes, ourselves! Even if we ignore everything else, we can prosper if we concentrate on our own progress. Economic changes and the world around us may force the average person into financial struggle, but we do not necessarily have to face the same fate because we can prepare for it in advance.

Your financial future is in your hands, but will largely depend on the decisions you make today. An in-depth understanding of financial intelligence is of paramount importance to help us make the right decisions and position ourselves well for the future.

As an education tool, this game teaches players to:

Understand basic accounting principles, running a cash statement, profit and loss, and balance sheet

Make business acquisitions and investment decisions based on future capital gains and passive income

Control debt, reduce liabilities and reduce interest costs

Appreciate the financial requirements for retiring comfortably and to understand the difference between earned (active) income and investment/business (passive) income

Seek quality professional advice for business and investment

Realise that regardless of their starting salaries or financial position, they can achieve financial independence by exercising good judgment

Learn from mistakes, including those made by other players

Objective of the game

Change your financial direction by increasing your capital and accumulating a strong asset base. Learn to take good advice and avoid the pitfalls of the financially ill-informed. Develop sufficient passive income from your assets to GET OUT OF THE RaT Race - Retire Early and Buy Your Dreams.

The game's objectives are simple: retire early and then create wealth.

To retire early, players need to generate passive income (by accumulating assets) that is equal or higher than their expenses.

Players also go through the uncertainties of life and the economy through Market Forces which can bring windfalls to the intrepid investor or ruin to the foolish gambler. The game challenges players to evaluate and seize the right opportunities, striking a balance between risk and returns.

The process of creating wealth is greatly accelerated by finding a "Mentor" and getting good advice. This is not a mystic guru but an amalgam of good advice on financial, investment and business matters.

Throughout the game, the players are required to keep careful record of their assets, liabilities, incomes and expenditures. In so doing, they learn the principles of personal finance that can also be applied to their personal lives.

It has a long-lasting appeal to all players old and new.

We have planned a session on this Sunday between 4.15 p.m to 7.30 p.m.Around 6-8 players can play at a time.

To join us for the next Cashflow event in Chennai feel free to call
me @ 9841438486.

To Your Success
Padmanabhan
Cub Mentor
98414 38486

Official Website: http://finance.groups.yahoo.com/group/cashflow-chennai/