Cashflow 202 Overview Video

Often people ask me what the difference is between the board games Cashflow 101 and Cashflow 202. I have played both but often find it difficult to explain. In this video Robert Kiyosaki very effectively (as is his manner) explains the difference between the two games. Essentially, the first board game helps you understand the basics of your personal financial statement and the fundamentals of investing. In general, the game is very easy to play and win (after a couple tries of course). Cashflow 202 expands on the basics of the first game and begins to teach you how to handle these two elements (your personal financial statement and investing) and places you in a much more “risky” world. It is harder to win and the chances of going bankruptcy increase greater – just like in life.

I am an avid fan of Robert Kiyosaki’s Rich Dad series and help facilitate and organize local groups to play cashflow. Lately several members of our group have been discussing moving up to Cashflow 202 (until now we have just been playing Cashflow 101). After watching this video we realized that the goal should be to move to Cashflow 202 as quickly as possible. Most fundamentally, it teaches you how to manage change. Something that we have A LOT of in the current financial markets.