James had played Cashflow before and said that it had helped him to get the confidence to go ahead and invest. One couple, Liz and James, said that they had recently bought a second house as an investment.
At the end of the game session, people stayed on to talk about the game, about what they learned and some recounted the help the game had given them in making investments.Ī few of the players said they were business graduates, but in the words of one: "I actually learnt more about investing during the five times I have played Cashflow than in the three years in spent in college." "But when you get the game, you also get the basics of accounting." On the night, many of the players were young - and surprisingly, many were women. "If you don't know the basics of book-keeping, the game's language is of course completely new, and I guess some people could find that a bit confusing at first," said Titta. You just have to be well-informed before you make an investment."įor some first-timers, the game can be confusing at first. And I must say that I agree that it is useful - through playing it you realise that there is nothing to fear about taking the jump and investing. "I found the game really good fun, time just flew by. At the end of the evening, she had become a convert. She had read Kiyosaki's books but had not yet tried the game. Titta, a Finnish entrepreneur based in Dublin, arrived to one Cashflow night in Trinity Capital Hotel in Dublin's city centre. The game evenings are frequented by regulars, but always have at least one or two newcomers. Once the passive income derived from assets is more than the outgoings, the player can jump out of the rat race and hopefully make it into the big time! In other words, the goal is to make more money from investments than from pay checks in the form of passive income. It basically encourages people to put their money into assets rather spend it on liabilities such as cars, boats and holidays," said Ian Lawlor. Asset is the thing that feeds you if all your income is gone in the morning. "The Cashflow game defines in a very clear way what assets and liabilities are. They say that one of the attractions of the game is that it illustrates to its players how easy investing can be. "The philosophy is to take control over your finances and have some healthy scepticism of the financial advice one gets from experts." Today, Ian, Darrell and Tony through Irish Complementary Education Systems organise regular Cashflow game evenings every two weeks or so. The emphasis of these group discussions has been on action, but without any pressure to make investments. "People would be looking to make investments so within the group they could sound out their ideas, get encouragement and advice. Eventually, the socialising of like-minded people became the focal point of the group," said Ian Lawlor. "We would meet up to play the game and then afterwards people would stay on to talk about various aspects of investing. They invited more people to join in the game evenings, and the group began to grow by word of mouth. Rich Dad Poor Dad and subsequently started to play Cashflow.Ībout two years ago, they bumped into each other through investments, and decided to hook up over a game of Cashflow. Not knowing each other, the three men had heard all about Kiyosaki around 1997, read One such group is Irish Complementary Education Systems (ICES), set up by Ian Lawlor, Darrell O'Dea and Tony Reid.
There are local groups who organise gaming sessions for people who are already Kiyosaki's fans, or who have simply heard something and want to know more. Although not yet as big a phenomenon here as in America, Cashflow has reached Ireland as well.
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The Cashflow addicts say that the game gives them insight into how to gain wealth and become more confident and savvy about investment. In the United States, the popularity of Kiyosaki is such that some have said that there is now an underground community of hundreds of thousands of people who are faithful to the Kiyosaki doctrine - and who spend their free-time playing Cashflow. Rich Dad Poor Dad, has developed a board game called Cashflow which has sold more than 300,000 copies around the world.įurthermore, it has produced at least $33m in sales for the Phoenix-based entrepreneur.
Kiyosaki, who is perhaps best known for his best-selling book WANT to be a millionaire? Well, you might just get what it takes to become one by playing a board game! At least, that's what some of the followers of American entrepreneur and business guru Robert Kiyosaki believe. Aficionados say the board game gives them better insight into how to gain wealth and become more savvy about investment, writes NINA HEPOJOKI