recent
Hot News

NOW CASHFLOW GAME INSTRUCTIONS: GAME SET UP

 CASHFLOW GAME INSTRUCTIONS: GAME SET UP

NOW CASHFLOW GAME INSTRUCTIONS: GAME SET UP games set up to set up the board shuffle the big deal small deal market and doodad cards place them face down on their marked spots distribute a financial statement and cash ledger to each player take time to look it over and get familiar with the terms use the ratrace side of the financial statement to you will use the fasttrack side later shuffle the profession cards then deal one card face down to each player each player turns over the card and copies all information to their financial statement note each player s the game with no loans loan payments or children meet your auditor this is the person sitting to your right each time you make a change to your financial statement the auditor must check your work write down your dream it can be anything you like get creative for example you could write owning the worlds largest ostrich its your dream make it what you choose to begin play each player chooses a game piece and places it at the era players roll one die to decide who goes first highest die roll wins play then moves clockwise around the table to play players in the rat race and fast track roll one die unless otherwise indicated by a card or space all players move clockwise round the board if you land on or pass a payday space and your monthly cash flow to your cash ledger if you land on a big deal small deal market or doodad draw that type of card and read it aloud you '

CASHFLOW INSTRUCTIONS: RAT RACE CARDS AND SPACES



rat race cards and spaces here are the cards and spaces youll encounter during a game of cash flow the payday space your payday is your salary plus any passive income minus your total expense each time you land on or pass payday add your monthly cash flow to your cash ledger if this amount is negative deduct it from your cash ledger if you forget to add your pay date you lose it deals spaces and cards when you land on a deal space you may choose either a bigdeal card or a small deal card big deal and small deal cards include a variety of investment opportunities that help you in your quest to get out of the rat race big deals these cost more but return a greater cash flow small deals these are cheaper but return a lower cash flow if you dont have enough cash to pay for the down payment you may take out a loan loans are referenced on page nine of the instruction book or the loans and paying off debt video online unless you are bankrupt see page ten of the instruction book or the bankruptcy video online assets may be sold only when a card permits or when required by bankruptcy if you do not wish to buy the asset listed on the deal card you can sell the card to another player but only if the card says so the sale price is negotiated between the players the player is selling only the option to buy the investment listed any player who buys this option from another player must buy the property at the price listed market spaces and cards if you land on a market space you can draw a market card market cards are where youll find buyers for your investments market cards also include economics events that may affect your financial position when you land on a market space draw a market card read the card aloud everyone who has the exact asset mentioned on the card may sell at that specified price if you sell remember to adjust your financial statement accordingly when you sell add this cash to your cash ledger do to add spaces doodads are unexpected unnecessary or unavoidable expenses we all waste our money on when you land on a doodad space draw a doodad card and followed the directions doodads are not optional you may take out a loan to pay for doodads the charity space charity is optional upon landing on charity you may choose to give of your total income to charity be sure to adjust your cash ledger accordingly in exchange for the optional use of one or two dice on your next three turns the baby space your family has a new arrival when you land on the baby space do the following increase the number of children on your financial statement each player can only have a maximum of three children and the per child expense on your financial statement to your child expense in the expenses column multiply your per child expense by your new total number of children and add it to your total expenses calculate your new monthly cash flow downsized lending on downsized means you have temporarily lost your job pay the amount of your total expense adjust your cash ledger and lose two turns this also ends the effect of charity if you land on downsized follow these steps move to turn one space on the outer edge of the board pay total expenses amount and deduct that amount from your ledger play continues all other players take their turns move to the turn to space on the outer edge of the board play continues all other players take their turns move to downsized space roll the die hand continue on in the rat race you '

CASHFLOW GAME INSTRUCTIONS: PROFESSION CARDS & FINANCIAL STATEMENTS


profession cards and financial statements to the game everyone draws a profession card you will then transfer all the information on this card to your financial statement please note these important sections of your financial statement your profession determines your income expenses and liabilities income is money coming in salary is money you work for assets put money into your pocket month after month whether you work or not this is money working for you expenses are money going out you the game with no children but if you land on a baby space get ready for some extra expenses passive income is money generated by your assets money working for you your total income is the sum of everything in the income section total expenses is the sum of everything in the expenses section monthly cash flow is your total income minus your total expenses collect this amount when you land on or pass a payday space liabilities take money out of your pocket and finally your auditors name goes here remember your auditor sits to your right or counterclockwise at the table and checks your math you ' 

CASHFLOW INSTRUCTIONAL: BUYING REAL ESTATE INVESTMENT

buying a realestate investment to buy a real estate investment pay the downpayment adjust your cash ledger and if a loan is required see loans on page nine of the instruction manual or in the loans and paying off debt video then in the asset column under real estate right in the type of real estate the downpayment you paid and the cost of real estate in the liabilities column under real estate right in the type of real estate and the mortgage amount you owe in the income column under real estate right in the type of real estate and the amount of cash flow on the right hand side of the financial statement recalculate the following passive income total income and monthly cash flow remember your monthly cash flow equals total income minus expenses note the only cash you paid to purchase real estate is the down payment the mortgage payment has already been calculated into the cash flow on the card you do not need to enter an expense for this mortgage payment 

  CASHFLOW INSTRUCTIONAL VIDEO: BUYING & SELLING STOCKS '

with buying and selling stocks when anyone draws a stock card read it out loud and follow the process below only the person who draws the card may buy everyone may sell do buy stocks mutual funds or CDs calculate the number of shares to buy if you have a dollar amount you want to invest divide that amount by todays price in order to calculate how many shares you can buy for example four thousand dollars divided by todays price of equals shares adjust your cash ledger in the asset column under stocks funds CDs right in the symbol of stock mutual fund CD with a number of shares purchased and the cost per share todays price to sell stocks mutual funds CDs calculate your proceeds from the sale multiply the number of shares by todays price example proceeds of sale equal the number of shares times we calculate your cash ledger in the asset column under stocks mutual funds CDs remove symbol of stock mutual fund CD if selling all shares owned number of shares sold cost per share '

  CASHFLOW INSTRUCTIONAL VIDEO LOANS & PAYING OFF DEBT

loans and paying off debt if you take out a loan follow these steps add the bank loan amount to your liabilities column under bank loan and the bank loan payment of what you borrowed to your expenses add the bank loan payment to your total expenses calculate your new monthly cash flow monthly cash flow equals total income minus total expenses note your monthly or paid a bank loan payments our interest only they do not reduce the principal amount of the loan to reduce the loan principal and the corresponding Bank loan payment you must pay down the bank loan amount directly paying off debt you may choose to pay off debt to reduce your total expenses at any time you must pay off the entire amount of any debt except for bank loans which can be paid off in increments note taxes other expenses and child expenses cannot be paid off these are permanent expenses when you pay off debt adjust your financial statement as follows remove or reduce if paying off part of a bank loan the debt in the liabilities columns remove or reduce the payment in your expenses column subtract the payment from your total expenses calculate your new monthly cash flow monthly cash flow equals total income minus total expenses a note about loans you may borrow money unless you are declared bankrupt refer to page in the instruction booklet or watch the bankruptcy video online loans must be in multiples of at ten percent interest per month that means each payday your monthly bank loan payment is dollars forever one thousand dollars borrowed  '
google-playkhamsatmostaqltradent