Cashflow 101 is a board game created by Robert (author of Rich Dad, Poor Dad) and Kim Kiyosaki in 1994 after they became financially free. Cashflow 101 aims to teach the players concepts of investing by having their money work for them while simultaneously increasing their financial literacy and stressing the imperative nature of accountability. It also educates the players on how to convert your monthly active income into passive income by creating a portfolio of monthly passive income.
In a nutshell, there are two stages to the game. The first stage is known as “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 an additional $50,000 in monthly cashflow.
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.
In 2019, Freemind Works were the supporting partner in hosting Financial Freedom Mindset Workshop. This workshop is recognized by Malaysia’s Book of Records as the biggest financial workshop in Malaysia.
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