Cash Flow 101 Game

by Bob Harmon on May 5, 2009

Cash Flow 101 Game
Have you played the Cash Flow 101 game by Robert Kiyosaki?

It is a very interesting game that teaches you about life and managing your finances. And this will also contrast your network marketing business in a big way as well.

There are 2 tracks on the game board – one is the rat race track and the other is the track for those who have escaped from the rat race.

The game is played where everyone starts inside the rat race. Your first goal in order to escape from the rat race is to make sure that your monthly residual income exceeds your month expenses.

There are many occupations there but a very important lesson to learn. A truck driver might be able to escape from the rat race much quicker than a doctor… can you imagine that? How is this possible?

In the game, the doctor actually lives in a lavish house, has credit card debt and all sorts of commitments that he has to pay for. Some people call this the ‘rich man tax’. He can’t get out of the rat race even if he makes much more money compared to the truck driver!

The poor truck driver on the other hand may have little income, but he has much fewer expenses compared to the doctor and if he play his cards right, he can run out of the rat race in a very short time!

Ask yourself this. If you earned $2,000 a month and you try very hard to save $500 a month, does this mean that if you earned $8,000 a month, you will be able to save $7,500 a month? Of course not! You and I both know that as our income increases, so will our tendencies to get tied down in various ‘commitments’.

Unless you are armed with the right financial knowledge, you might wind up as most of the people who are entrenched in debt. That is why Robert Kiyosaki recommends that network marketing is one of the best businesses you can get involved with because of the following traits:

-    Kiyosaki believes that assets feed you and liabilities bleed you. With network marketing, you can invest in a business opportunity with as low as a few hundred bucks monthly compared to paying rent for a shop

-    You can build it on your spare time so you can still ‘survive’ while you are still in the rat race and get out of it when your income in your business exceeds your day job

-    You can leverage on your uplines, downlines and even your side lines when you are really busy. Leverage is the key because you can’t afford to spread yourself too thin and the business model is immune to recessions.

Jaz Lai is a network marketing lead generation expert. Download your free video on how to use the internet to Double or Triple your organization within the next 30 days. Available for the next 24 hours only, click below for instant access :
http://www.HowToNetworkMarketing.com

Article Source:http://www.articlesbase.com/mlm-articles/cash-flow-101-game-900700.html

Cash Flow 101 Game
Have you played the Cash Flow 101 game by Robert Kiyosaki?

It is a very interesting game that teaches you about life and managing your finances. And this will also contrast your network marketing business in a big way as well.

There are 2 tracks on the game board – one is the rat race track and the other is the track for those who have escaped from the rat race.

The game is played where everyone starts inside the rat race. Your first goal in order to escape from the rat race is to make sure that your monthly residual income exceeds your month expenses.

There are many occupations there but a very important lesson to learn. A truck driver might be able to escape from the rat race much quicker than a doctor… can you imagine that? How is this possible?

In the game, the doctor actually lives in a lavish house, has credit card debt and all sorts of commitments that he has to pay for. Some people call this the ‘rich man tax’. He can’t get out of the rat race even if he makes much more money compared to the truck driver!

The poor truck driver on the other hand may have little income, but he has much fewer expenses compared to the doctor and if he play his cards right, he can run out of the rat race in a very short time!

Ask yourself this. If you earned $2,000 a month and you try very hard to save $500 a month, does this mean that if you earned $8,000 a month, you will be able to save $7,500 a month? Of course not! You and I both know that as our income increases, so will our tendencies to get tied down in various ‘commitments’.

Unless you are armed with the right financial knowledge, you might wind up as most of the people who are entrenched in debt. That is why Robert Kiyosaki recommends that network marketing is one of the best businesses you can get involved with because of the following traits:

-    Kiyosaki believes that assets feed you and liabilities bleed you. With network marketing, you can invest in a business opportunity with as low as a few hundred bucks monthly compared to paying rent for a shop

-    You can build it on your spare time so you can still ‘survive’ while you are still in the rat race and get out of it when your income in your business exceeds your day job

-    You can leverage on your uplines, downlines and even your side lines when you are really busy. Leverage is the key because you can’t afford to spread yourself too thin and the business model is immune to recessions.

Jaz Lai is a network marketing lead generation expert. Download your free video on how to use the internet to Double or Triple your organization within the next 30 days. Available for the next 24 hours only, click below for instant access : http://www.HowToNetworkMarketing.com

Article Source:http://www.articlesbase.com/mlm-articles/cash-flow-101-game-900700.html
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