Dealing with financial blows, such as taxes and emergencies. Managing cash or financial transactions. What Monopoly Teaches About Personal Finance: Monopoly teaches players money management and the impact of financial and investment choices and situations, such as: Number and Ages of Players: Monopoly requires two to six players, and is best suited for those ages eight and older. The winner is the player with the highest net worth determined by property and cash. Buy property, mortgage it, collect rent, and erect buildings while trying to avoid being thrown in jail and running out of money. First appearing in the early 1930s, Monopoly players move around the board, collecting cash and navigating situations assigned by “Chance” and “Community Chest” cards. One of the most well-loved board games of all time, Monopoly is available across countries in many versions and languages. Advanced investment techniques, such as short-selling stocks, puts and calls, and real estate investment strategies (with the Cashflow 202 supplementary). The importance of understanding a financial statement. The difference between assets and liabilities. The Cashflow 101 games seek to teach personal finance lessons, including: What Cashflow 101 Teaches About Finance: The Cashflow family of games provides more detailed material than many other money management and cash flow board games and is an excellent learning tool for all ages. The Cashflow for Kids game can be played by kids as young as six years old. Number and Ages of Players: Cashflow 101 is best suited for two to six players ages 14 and older. The most recent edition of Cashflow 101 includes improved color, graphics, and instructions. CASHFLOW BOARD GAME HOW TO
Kiyosaki of “ Rich Dad, Poor Dad” fame created Cashflow 101 to teach players how to take charge of their personal finances, understand cash flow principles, and develop the confidence to make their own investing and real estate decisions. Looking for a cash flow board game? Robert T. Board Games That Teach Financial Literacy 1. From well-known games like Monopoly, to the newer but wildly popular Cashflow 101, there are a number of fun, educational board games available to help people develop and master their financial management skills. Continual revisions to older games keep them relevant to today’s financial world while still teaching players how to build wealth and minimize debt. Some of today’s best money management board games have been popular for years.
Fortunately, money management lessons masquerading as games can make learning about finance easy and even fun. Boring educational material on money, credit, and investments can actually discourage people of all ages from learning valuable information that can help them make wise financial decisions.
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