Playing and Notes to Self

8/12/06

Today Kelsey and I each had a friend come over and play Cashflow 101 (this is the start of Cashflow Club for Kids).

Notes to self when starting to teach kids how to play Cashflow:

1. Don’t take too long to explain the rules. Just explain how to start up the game, the point of the game, and how to win. Explain the rest as you go.

2. If there’s someone new in your group, help them do their transactions. Like if they’re buying a Real Estate property, show them where to put the information on their sheet, but don’t forget to tell them ‘why’. If they get another RE property, see if they remember where to put them and some of the reasons why.

3. When my family usually plays Cashflow, we play with “electric” money (we keep a running total of our money on paper instead of using the play money from the game). We found out today that it’s easier to start with the play money so that the kids can actually "see" the money piling up or being used.

Example of "electric" money:

$800 Savings
+$500 Cashflow paycheck
-----------------
$1,300
- $200 Doodad expense
-----------------
$1,100

4. Before we started the game, I told everyone about positive and negative. What I mean by that is that I told them that if you think positive about what you want and you believe what you’re thinking, you’ll usually get it. If you think negative about something, you’ll usually get what you don’t want. It works for me cause I was the only one who didn’t get downsized, only got few doodads, and got mostly good opportunities.

We asked our friends if they thought it was fun and if they wanted to come back sometime to play again (and bring a friend). Of course they said, “yes” to both things!

I just can’t wait until all my friends are involved in this!

Karly
Rich Family Ambassador