Surfnetkids: CASHFLOW 101Reprinted from Surfnetkids Newsletter
One of the benefits of marrying well is that in addition to a great spouse, you get all their great friends! Howard and I celebrated our eighteenth wedding anniversary on Monday (thank you, thank you), and Jeff Perlis is one of those friends I acquired by marriage. Jeff is a real estate broker, real estate investor, motivational speaker, and author of a seminar titled "Living Debt Free." Jeff is also the one who introduced my family to the board game "CASHFLOW 101." The first time we played, I was not a completely willing participant. The four of us were vacationing at Jeff's up-in-the-mountains-near-the-ski-resort home. Why did I need to occupy myself with a game that was going to teach me financial principles when I would have been happy in a corner by the fire with a book? But my kids were going to play, so I did my good-mom-thing and played too. Boy, was I glad I did! "CASHFLOW 101" is designed for adults, but is appropriate for anyone over ten (my daughter's age the first time she played.) In addition to basic accounting stuff (such as the terms income, expenses, profit and loss) there is something even more important taught in "CashFlow 101" that I've never seen taught anywhere else. Are you ready? The secret to wealth is not how much money you make, it's how much money you keep. Making a lot of money will NEVER make you rich. Being financially independent all boils down to how much money you keep every month --- and putting your money to work so you don't have to. Although it's easy to say a few lines about wealth, really learning how to get there is something else entirely. And despite the fact that financial education is completely ignored by our education system, it is something that can be learned by kids, teens, and even us grownups. But before you take a look, I need to warn you: this board game is the most expensive board game you've ever bought. At just under two hundred dollars, the price might blow you away. But before you get discouraged, ask yourself, "How much is a financial education worth to my family?" What if in the space of a few hours a month, you could put your family and kids on the path to a lifetime free of financial worries? Would that be worth a few hundred dollars and a few hours? I think so. Here's the link to various editions of the game, I recommend the board game because it's fun sitting around a table with both grownups and kids, but there is also a computer edition and an edition just for kids.
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