Robert kiyosaki's cashflow one-on-one board game is a board game that is designed to teach
you financial skills and teach you some skills that you need to move towards becoming financially
free and achieving financial freedom in your life. In this episode, I want to talk about
my experience with the cashflow one-on-one board game and whether or not I would recommend
it. Hey, I'm Ryan from on-property dot com data. You helping you achieve financial freedom
and this video was a request from a viewer that said, what do you think about the cash
flow board game isn't worth investing in because it is quite an expensive board game. I myself
love playing board games. I love cards against humanity that is absolutely hilarious. Monopoly.
I actually refused to play anymore because they've just been too many fights with friends
and family members over monopoly and I just get quite competitive and I have my strategy
when I play monopoly.
That's not really a fun strategy for everyone else. It's a strategy to try and win at everyone
else's expense and so it's just. It's not good is not good for me, but what about cashflow?
One-On-One isn't going to teach you the skills. Is it worth investing in because it is quite
inexpensive. Board game, how much is a. let's check it out on Ebay. Okay. On Ebay I can
see it's selling for around 70 to $90. Now we're going to check Amazon on Amazon it's
about $140. So yeah, Ebay is probably the better option. I can link up to the board
game down below if you guys are interested in it, but about 70 to $90 for this board
game. Now I purchased this board game about nine or so years ago. I was really into Robert
Kiyosaki's books. I still love his books today, but decided to go ahead and spend the money,
purchase the board game to play with my then wife as well as my friends and signing off
the board game is really quite fun to play.
The premise is you pick a card and you get a job, so in that job you might be a janitor
and you have a low income or you may be a doctor and have an extremely high income.
So you were thinking it'd be better to be the doctor with the high income and in some
circumstances that does help, but the goal of the game is to actually fully replace your
income through the investments that you make. So one of the benefits of being the janitor
with the low income is you don't need to earn as much money in order to become financially
free and to move from the rat race onto what is it? The fast track, I think it's called
in the gang and so that's the idea. You get a job, you need to invest in order to become
financially free. You also get a sheet that has your assets, your liabilities as well
as your income and expenses.
So you need to manage that. So the first one or two times that you play the game, it's
really great because you're learning how to use that sheet with your income expenses,
assets and liabilities. That's really useful tool to see the money moving and how your
assets effects that. It's also interesting to move around the game and to read the cards
and see what investment options that are. But the problem that I had with the game is
after you play it a couple of times, it becomes extremely repetitive and redundant and boring
to the point where I think I played it maybe two or three times with my wife and some close
friends and then some other friends of ours had purchased the game and we went to play
with them and we played it in a larger group of people. Um, but it was just completely
boring for me because I had played a couple of times.
So there's a few core concepts in the game that are really interesting to learn, but
once you learn them, the game becomes extremely boring because when you're in the rat race,
basically you have different investments from memory. Most of them are property investments
now it may have changed. Remember I did by about nine years ago and haven't played it
since, but most of them are property investments and you can quickly see whether it's positive
cashflow or negative good. And the game highly incentivizes you to invest in positive cash
flow properties. There are some circumstances where you get capital growth and you can use
that to leverage into more properties, but it's kind of a rare situation in the game.
The game really rewards just purchasing those positive cash flow properties, those positive
cash flow assets. You may be able to purchase businesses as well, but just purchasing those
in order to achieve financial freedom and then as soon as you're on the fast track,
the game becomes even more simple and more boring because basically you just move around
the track and your money grows exponentially really quickly and then you get to choose
a dream that you want to purchase.
So once you get off the rat race, the game becomes like it's just a rolling dice basically.
So do I think this game is worth purchasing? I think if you've read some of the rich dad
poor dad books, the books by Robert Kiyosaki, Rich Dad, poor dad and cashflow quadrant,
retire young, retire rich has really good as well. I think the board game can be great
to put in practical use what you've learned in the books. It can also be a great way to
introduce friends or family members who you know aren't as passionate about money or honest,
passionate about personal finance and investing and financial freedom as you. It can be a
great way to introduce them to the concepts of financial freedom and the concepts of investing
in income producing assets. If you know they're not going to read the books, but truthfully
I think reading the books, you're going to get way more out of the books that 10 or $20
in order to purchase the books.
I will leave links to my recommended Robert Kiyosaki books down below, so if you want
to check out those books and purchase them, you can. Reading the books is going to be
way better than doing the board game. I would. I did want to purchase. There's a cashflow
100, two or two. Oh two that is more advanced and goes into different stock options and
things like that, so that would be really interesting. Maybe I should purchase that
and play it and do a review on that if that's something that you are all interested in,
but yeah, cashflow 101. If you've got the money, go ahead and spend it. Play it a few
times and then when you get bored of it, go ahead and resell it back on Ebay, so buy it
for 70 and $90 and then play it a few times and then sell it for $40 or whatever you can
get for it and you're going to have a small outlay of money, played a few times, learn
the concepts in there and then move on with your life.
It's not really a game that you would play over and over and over again because it just
doesn't have that replay value. Well, I didn't find that it had that replay value, so all
in all it is a good game, but yeah, it's just it gets a bit boring over time. And the concepts,
if you're good with understanding finances, if you're good with numbers, the concepts
are really basic and really simple. If you struggle with numbers, you struggle with money
management, you struggle with understanding how money moves around that or maybe a better
investment for you than it was for me. So cool game, cool concepts, expensive, doesn't
have massive replay value, but great for a few times and the core concepts that are does
teach a really important, but you're not going to become financially free just from playing
this game. It gives you the idea that you need to invest in income producing assets
in order to achieve financial freedom.
It gives you the idea that financial freedom is the end goal and it gives you a couple
of skills of how to manage your money and how you can see money moving around your bank
accounts and stuff like that, so it kind of gives you those ideas, but it's not going
to give you the skills to then go ahead and invest in real estate. That's something that
you'll need to study separately. It's not going to give you the skills to go ahead and
invest in stocks. That's something that you're going to have to study separately, so it's
not going to give you those skills, it will give you some basic skills to get you started,
but then you really need to expand upon that yourself. Start getting passionate about investing
or starting businesses or whatever it may be in order to then go ahead and achieve that
financial freedom.
So it's a great little first step to get you started, but if you're already an advanced
at best, if you're already an advanced investor, it's probably going to be too simple and too
boring for you, but it may be something that I look at doing with my kids. I know there's
a cashflow for kids board game, so it may be a concept and maybe an idea to purchase
it for them. Um, but that could be another review as well. So they have my ideas and
my thoughts on the cashflow one board game. I love Robert Kiyosaki's staff. Again, I'll
link to the books that I love appears and recommend that you read in the description
down below. Thanks so much for watching this review. I'll also leave the links to the board
game on Ebay or Amazon if you want to purchase from Amazon down below as well.
I'm going to go through a bunch of Robert Kiyosaki's books this year, so I want to reread
them and as I'm reading them, write down notes and think about the core concepts and then
share those with you guys, so if you don't want to read the books then I will be doing
videos on the core concepts and things that I got out of the books in the future. I'm
really excited to do that. Thanks so much for watching. You can check me out and everything
that I do at on-property dot com dot a u and until next time, stay positive.