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Anonymous October 26, at AM. You can read books about investing or listen to podcasts from day traders or watch YouTube videos on how to use stock trading software Practice buying and selling stocks or investing in real estate for capital gains or cash flow as many times as you like.
Simulate how you would handle real investing opportunities before you shell out your hard earned money. See, while most people earn a paycheck at a job, the rich earn money by acquiring cash-flowing assets to cover their expenses.
For example, most people assume a high-paying profession like a doctor or lawyer will allow them to get out of the Rat Race faster than a humble profession like a teacher or mechanic.
Though doctors and lawyers earn a higher salary than other professions, they are also stuck with higher expenses, as a result. This includes a bigger mortgage on their house, higher car payments, and school loans to name a few.
The rich spend the money remaining after they pay their monthly expenses and invest it. Instead of buying doodads and liabilities like a bigger house, faster car, or a more lavish vacation, they have their money work for them.
It was actually developed so out-of-touch school administrators could develop cookie-cutter curriculums built upon Industrial Age subjects to make us good-little employees.
But the fact is that not everyone learns that way. Some people can read a textbook once and remember everything they read.
Most people, however, learn best by doing the real thing. Likewise, if you want to invest in real estate, you need to understand the difference between investing for capital gains or for cash flow.
But where can you learn to invest without spending money on a collection of books or attending a boring seminar? I think a game like Cashflow is a good way to change this.
Interaction through games allows us to process what we a learning on a deeper level. It allows us to absorb new knowledge and grow faster.
Another interesting thing about the game is that it teaches us that the lower our salary, the easier it is to retire.
This is the exact opposite of the way that most people think about active income. But I think that it is true. Retirement, or financial freedom, is defined as passive income being greater than monthly expenses.
Which do you think is more difficult? I think this is an important concept because most people with low salaries feel that they are at some kind of disadvantage.
This is just as true for people who are making minimum wage as it is for executives making 6 figures annually. BTW, you may want to check out these discount Kiyosaki books.
However, translating the game to real life is not as straightforward as you might guess. Recently though some revenue gathering games have found a way to allow the general population to get a feel of how is it to play around and risks tens of thousands of dollars without losing any money.
The principle that these games use is that a bunch of users comes together and gathers some money by the means of earning it online you never pay anything.
Why the rich are getting richer. There are only two things you can invest. When I was younger, I was taught that if you gave a man a fish, you fed him for a day.
And I was taught that if you taught a man to fish you fed him for life. There are people who want to sell you fish, but not teach you to fish.
The alternative of learning in the real world could prove costly. How will you escape the Rat Race. Battle your way out of the Rat Race by acquiring property, stocks, businesses and precious metals.
How can a game make you wealthy.Inhalt von Cashflow Online. Der Inhalt des Spiels ist relativ leicht erklärt. Ziel ist es, möglichst schnell aus dem Hamsterrad oder „Rat Race“, wie es die. Craft your financial strategy to get out of the Rat Race using real estate, business, the stock market and master CASHFLOW – The Investing Game! Based on the. Cashflow online free game. Gefällt Mal · 10 Personen sprechen darüber. Play the Cashflow game: hoosiermuskie.com Top-Angebote für Cashflow Game online entdecken bei eBay. Top Marken ✅ Günstige Preise ✅ Große Auswahl.