Come and play Cashflow, discuss real estate, and network with like-minded individuals on Sunday, November 5.
Cashflow is an educational board game designed by Robert Kiyosaki (the author of "Rich Dad, Poor Dad"). It aims to teach players concepts of investing by having their money work for them in a risk-free setting (i.e., by using play money) while at the same time increasing their financial literacy and stressing accountability.
There are two stages to the game: "The Rat Race" and "The Fast Track." During the initial rat race, players aim to raise their respective character's passive income level so that it exceeds their character's expenses. Once a player achieves this level of passive income, he or she may move to the fast track where a winner is determined. To win, a player must get his or her character to buy a predetermined "dream" or accumulate an additional $50,000 in monthly cash flow.
Instead of score cards, there are financial statements. The game requires players to fill out their own financial statements to keep track of where their streams of income and expenses are coming from.
It's essentially Monopoly for adults, complete with simplified balance sheets and income statement.
Sunday, November 5 from 10:00 am to 1:00 pm
Jacob and Victoria's House
Take Line 2 to Hongik Univ. Station. Go out of Exit 4, do a U-turn, and walk towards the main street. Turn right and walk for about 2 minutes until you reach a large intersection. Cross the intersection and walk up the steep road next to Starbucks. Jacob and Victoria's place is at the top of the hill.
5,000 won (includes light beverages and snacks)