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Sunday, May 25, 2008

Tired Of The Rat Race?

If you are like most of us you are caught up in the daily grind of work with little or no chance of getting ahead financially. Ever wonder if there is something you can do to fix that? There is ... financial literacy. Financial literacy can be gained in many ways and it is an on-going process. I highly recommend a computer game that will illustrate the process and ultimately help you get out of the Rat Race and on to the Fast Track. The game is called Cashflow 101 the eGame and I'm here to tell you it is worth every penny. I personally play this daily and sometimes for several hours in a day. Why the heck would I put so much time and effort into a computer game??? Like most things, you learn a lot from immersion. You are consistently presented with an income statement and balance sheet and by playing the game you constantly see where to place items within and take items out of their respective areas on the balance sheet. It may sounds a little boring but far from it. I like the eGame because it is at your own pace and you can learn a lot from it. And fundamentally the way you play the game is also the way you need to be doing it in real life. It parallels real life strategies and formulas. And the very basic formula is what we learned as kids playing Monopoly. Buy 4 green houses and trade it in for 1 red hotel.

So if you want to build passive/portfolio income and actually retire one day then this is a must have item! It will change the way you look at money if you play it enough and learn the lessons built into the game. Good luck and have fun !!!

1 comment:

Paula said...

Sounds intriguing. I could definately use some help in that area as well. I'll be checking it out...